A Labour-led government after the next UK election would be the best result for stocks and the pound, according to a new Bloomberg survey that shows the ruling Conservatives have failed to win back the faith of global investors a year after Liz Truss’s disastrous mini-budget.
Germany’s autobahn is known for its limitless speed. But its aging infrastructure isn’t up to the task of carrying the massive windmill towers and rotor blades needed for the country’s energy transition, and developers complain the highways are now slowing progress.
Romania is racing to build a new multi-billion-euro high-voltage cable to transport power across the country and to neighboring Hungary as it aims to nearly double its renewable energy production and become a regional power supplier.
European Central Bank Governing Council member Yannis Stournaras said governments must do their part in reining in consumer prices after borrowing costs reached a level that may well be their peak.
Demand for LVMH’s Champagne brands is moderating this year after the boom that followed Covid-19 lockdowns, according to a top executive at the luxury conglomerate.
Fourteen people were killed Saturday when a plane crashed in the Brazilian Amazon in the northern town of Barcelos, AFP reported, citing the governor of Amazonas state.
Former President Donald Trump is planning separate fundraisers at Mar-a-Lago in October for his election campaign and to help pay legal fees for himself and his supporters, according to people familiar with the plans.
Four top Senate Republicans prodded President Joe Biden to provide Ukraine with long-range missiles to help its counteroffensive against Russia, saying only a small part of US stockpiles would be needed.
California sued major oil companies including Exxon Mobil Corp. and Shell Plc, saying they deceived the public for decades while creating or contributing to local climate catastrophes.
Texas Attorney General Ken Paxton was acquitted at his impeachment trial by the Republican-led state Senate, which cleared the conservative leader of all charges after the toughest test of his political career.
