UK Activates Coal Reserve to Boost Supply During Cold Snap
The UK’s grid operator asked three coal-fired power units to be ready to generate on Monday as it boosts electricity supplies during a cold snap.
The UK’s grid operator asked three coal-fired power units to be ready to generate on Monday as it boosts electricity supplies during a cold snap.
Israeli Prime Minister Benjamin Netanyahu fired Health and Interior Minister Aryeh Deri, citing a court decision.
New Zealand’s inflation may have already peaked, raising the possibility of less aggressive interest-rate hikes in the first part of this year.
Auto supplier ZF Friedrichshafen AG and Wolfspeed Inc. plan to build a $3 billion wafer factory in Germany’s Saarland to make chips for electric vehicles and other applications, a boon for a region dependent on combustion-engine components, according to people familiar with the matter.
Union Investment, one of the biggest shareholders of Bayer AG, criticized the supervisory board chairman of the group whose chief executive officer is already under attack by activist investors.
The European Union’s temporary gas price cap could result in a reduction of market liquidity, yet significant effects on trading activity couldn’t be identified so far, according to conclusions from the bloc’s financial market regulator seen by Bloomberg.
South Africa faces at least two more years of persistent blackouts as the country’s state-owned power company overhauls its aging coal-fired plants.
The energy branch of France’s CGT union called for a 48-hour strike starting Jan. 26 as well as a 72-hour action from Feb. 6, in addition to the day of coordinated protests labor unions have agreed on for Jan. 31.
The pause in the stock market’s strong start to 2023 underscores the main question vexing much of Wall Street: When will it be safe to start buying again?
The head of the World Bank said Sunday he’s worried that a slowdown in the global economy this year could be “long-lasting.”