
Europe Gas Surges More Than 20% as Supply Risks Rattle Market
European natural gas futures soared as traders reassessed supply risks amid signs of global competition for the fuel and a heat wave bearing down on the region.
European natural gas futures soared as traders reassessed supply risks amid signs of global competition for the fuel and a heat wave bearing down on the region.
Investors looking at the entertainment space for opportunities may want to consider Netflix Inc., one expert says, as the company is poised for growth.
Russian President Vladimir Putin said Ukraine’s counteroffensive has “definitely” begun, though he said its military hadn’t achieved any breakthroughs during “very intense” battles in the past five days. “All the counteroffensive attempts made so far have failed,” Putin told reporters in Sochi on Friday in televised remarks. Ukraine’s “offensive potential” remains, he said, and Russian forces “will proceed from these realities in developing our actions in the near future.”
Mpho Makwana, the chairman of South Africa’s beleaguered state power utility, said a change in its management structure has helped improve its plant performance, enabling blackouts to be eased, and further gains can be expected.
UK lenders, led by HSBC Holdings Plc, are temporarily removing mortgage deals as they prepare to reprice home loans to account for inflation.
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