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FRANKFURT (Reuters) – Germany is putting into operation natural gas import terminals as part of efforts to replace piped Russian gas following Moscow’s invasion of Ukraine in 2022. Its first move has been to deploy floating storage regasification units (FSRUs) to receive seaborne LNG, while long-term it is planning shore-based facilities to import and produce …

Factbox-How Germany is building up LNG import terminals Read More »

(This story has been corrected to say that Moldova depended, not depends, on power supplies from Transdniestria, having refused them since January 2025, in paragraph 2) CHISINAU (Reuters) – The U.S. has approved a $130 million project to construct a high voltage transmission line to ensure a reliable electricity supply to Moldova from European markets, …

US approves $130 million project to build power line in Moldova Read More »

By James Davey LONDON (Reuters) – British supermarket group Morrisons reported a slowdown in third quarter underlying sales growth on Wednesday, citing a tough trading environment marked by rising inflation and challenging economic conditions. The UK’s fifth largest grocer, which has been owned by U.S. private equity firm Clayton, Dubilier & Rice since 2021, also …

UK supermarket Morrisons’ sales growth slows in tough market Read More »

MOSCOW (Reuters) -The European Union’s plans to phase out Russian energy and commodities more quickly will not affect Russia and will not force it to change its position, Kremlin spokesman Dmitry Peskov said on Wednesday. The head of the EU’s executive, Ursula von der Leyen, said on Tuesday after a call with U.S. President Donald …

Kremlin shrugs off EU plans to speed up phase-out of Russia’s energy Read More »

By Suban Abdulla and William Schomberg LONDON (Reuters) – British inflation in August held at 3.8%, official data showed on Wednesday, the highest among major advanced economies and reinforcing expectations that the Bank of England will not cut interest rates until next year. The rise in food prices – which the BoE sees as key …

Food prices drive British inflation to 3.8% in August, above US, euro zone Read More »

(This story has been refiled to correct a typographical error in paragraph 5) (Reuters) – Britain’s largest homebuilder Barratt Redrow on Wednesday said uncertainties from the UK’s upcoming November 26 budget have added to sales risks for fiscal 2026 in a market already weighed by weak buyer confidence. With inflation still elevated, interest rates high, …

UK’s Barratt Redrow warns budget uncertainties heighten fiscal 2026 sales risks Read More »