Standard Chartered Plc is planning to exit its operations in seven countries in Africa and the Middle East as the lender looks to focus attention on the region’s largest and fastest-growing markets including Saudi Arabia and Egypt.
The lender said...
British and Dutch wholesale gas prices leapt on Wednesday after Russia said it would start selling gas to "unfriendly" countries in roubles, while the European Union proposed legislation on minimum gas storage levels.
The spike came after President Vladimir Putin...
If Russian gas stops flowing, measures to replace supply won't be enough. The European Union will need to curb demand implying difficult and costly decisions.
Russia has historically been the European Union's largest supplier of natural gas. After 2006 and...
