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" energy prices"

67 results

Business - Economy
1/17/2023 8:11:18 PM
Germany will avoid a painful recession this year, Chancellor Olaf Scholz said Tuesday, predicting that Europe's largest economy will overcome elevated energy prices following the Russian invasion of Ukraine.

World - Region
12/25/2022 3:42:25 PM
Driven mainly by soaring energy prices, inflation in the UK has been running high this whole year in 2022, reaching successive new records. In October, households paid 88.9 percent more on average for electricity, gas and other fuels than a year ago, the Office for National Statistics (ONS) said.

Business - Economy
11/30/2022 1:08:29 PM
The Eurozone annual inflation rate slowed to 10 percent in November, falling for the first fall in 17 months, the EU statistics agency said Wednesday.

Business - Economy
11/17/2022 12:31:54 PM
Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis as Russia's war in Ukraine pushes up energy prices and slows economic growth.

Business - Economy
11/11/2022 3:20:36 PM
The EU warned Friday the eurozone was set to fall into recession this winter as Brussels hiked inflation forecasts for 2022 and 2023 on the back of high energy prices.

Business - Markets & Companies
11/1/2022 12:35:59 PM
Oil giant Saudi Aramco on Tuesday reported a $42.4 billion profit in the third quarter of this year, buoyed by the higher global energy prices that have filled the kingdom's coffers but helped fuel inflation worldwide.

Business - Energy
10/20/2022 3:03:28 PM
Households and businesses across Europe have struggled with high electricity prices for months, though they have fallen since late August peaks.

World - Region
10/3/2022 11:02:55 AM
Turkey's annual inflation reached a new 24-year high of 83.45 percent in September, according to official data on Monday, pushing the cost of essential goods higher and further hitting households already facing high energy, food and housing costs.

World - International
9/30/2022 3:43:09 PM
Outgoing Italian Prime Minister Mario Draghi and his likely successor have criticised Germany's 200-billion-euro move to shield its citizens from rising energy prices, saying Europe must act together.

Business - Markets & Companies
9/30/2022 12:07:15 PM
Eurozone consumer prices skyrocketed by a record 10 percent in September, official data showed on Friday, as inflation reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine.

Al-Ahram Weekly - Opinion
9/27/2022 9:17:45 PM
The Russian-Ukrainian war continues to have serious economic impacts throughout the world, affecting food and energy prices and threatening increasing poverty rates and political disorder, writes Amr Wagdy

World - International
9/21/2022 11:45:58 AM
Britain's government said Wednesday it will cap wholesale energy bills for businesses this winter to ensure companies don't go bust amid soaring energy prices.

Business - Economy
9/19/2022 11:24:48 AM
Markets fell Monday as traders extended last week's rout across risk assets, with expectations high that the Federal Reserve will this week announce another outsized interest rate hike.

Business - Economy
9/18/2022 9:53:50 AM
The Federal Reserve is poised to unleash another massive interest rate increase this week after the latest data showed a worrying US inflation picture, which confirmed the need for the central bank to continue to act aggressively.

World - International
9/12/2022 3:32:04 PM
The UN urged EU countries on Monday to continue battling climate change and not resort to more fossil fuels in their response to soaring energy prices and fears of winter shortages.

World - International
9/5/2022 12:12:55 PM
Britain finally learns who its next prime minister will be on Monday after two months of political uncertainty during which energy prices skyrocketed and tens of thousands of workers went on strike.

War in Ukraine - Economy
9/4/2022 2:16:33 PM
The German government on Sunday unveiled a new multi-billion euro plan to help housesholds cope with soaring prices, and said it was eyeing windfall profits from energy companies to help fund the relief.

War in Ukraine - Economy
9/2/2022 3:57:31 PM
G7 industrialised powers on Friday said they would "urgently" move towards the implementation of a price cap on Russian oil imports, in order to stop Moscow from raking in huge profits from soaring energy prices.

World - International
8/29/2022 8:21:47 PM
The European Union is preparing to take emergency action to reform the electricity market and get a grip on energy prices that have soared since Russia invaded Ukraine, senior officials said Monday.

War in Ukraine - Economy
7/26/2022 10:07:08 PM
Despite damaging Western sanctions imposed on Moscow in the wake of the invasion of Ukraine, Russia's economy appears to be weathering the storm better than expected as it benefits from high energy prices, the IMF said Tuesday.

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