Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders March 8, 2022 Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.
London Stock Exchange steps in and cancels trades in rebounding Polymetal International March 8, 2022 Polymetal International's rally was cut short after the London Stock Exchange cancelled key morning trades.
Oil dips as European leaders play down prospect of sanctions on Russian energy supplies March 7, 2022 Oil prices have dipped following strong rallies this morning, with Europe playing down the prospect of sanctions on Russian energy supplies.
Rolls-Royce’s small modular reactors enter approval process after successful funding round March 7, 2022 Rolls-Royce's small modular reactors are a step closer to construction with the project set to begin the approval process.
Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies March 7, 2022 Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.
Oil hits 14-year highs and closes in on $130 per barrel amid fears of tightening supplies March 7, 2022 Oil prices soared to $130 per barrel earlier this morning - its highest level since 2008 - amid supply fears.
En+ Group loses Lord Barker as chairman as Russian energy giant considers separating international unit March 7, 2022 En+ Group said this morning it has started a review of its strategy on Rusal , thereby considering a separation of the aluminium company’s international business, the energy giant clarified in a statement. Moreover, Gregory Barker, who has served as executive board chairman at En+ since November 2017, has resigned. “A strategic review is currently [...]
Exclusive: Energy crisis needs crisis measures argues Octopus chief executive Greg Jackson March 7, 2022 Octopus boss Greg Jackson has called for long term reforms to the energy market alongside short term moves to protect consumers.
US hints at sanctions on Russian oil March 7, 2022 A senior US official yesterday dangled the prospect of a worldwide ban on Russian oil imports, ratcheting up tensions between both sides.
British Gas the worst firm for customers from bust suppliers March 7, 2022 Missing credit balances, billing delays and poor communication have defined customer experiences during the supplier of last resort process.