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France wants the British government to contribute more money to two new nuclear plants its state-owned energy utility EDF was contracted to build in the UK, given delays and spiralling costs, three... -January 25, 2024 at 09:55 am EST - MarketScreener
French utility EDF on Tuesday again pushed back the start date on its long-delayed 3.2-gigawatt Hinkley Point C reactor plant in Britain to at least 2029, with a new estimated cost of between 31... -January 23, 2024 at 02:03 pm EST - MarketScreener
Workers in Europe are hoping this year's pay round will help restore incomes eroded by higher prices, but the expected boost to their purchasing power could hamper the European Central Bank's efforts...
Workers in Europe are hoping this year's pay round will help restore incomes eroded by higher prices, but the expected boost to their purchasing power could hamper the European Central Bank's efforts to bring inflation back to target. The ECB has singled out wages as the single biggest risk to its 1-1/2 year crusade against inflation. It expects salary growth across the euro zone of 4.6% this year, far more than the 3% pace it considers consistent with inflation at its 2% target.
TotalEnergies said on Tuesday it had initiated a force majeure process on the Arctic LNG 2 project in Russia due to U.S. sanctions....