(Bloomberg) — The Pentagon is looking into the feasibility of providing fighter jets to Ukraine, a move previously seen as off-limits for fears Ukraine would expand the conflict into Russian territory. But any move is a long way off, according to the National Security Council’s spokesman. Read More
(Bloomberg) — The German government is in the final stage of a deal to bail out Uniper SE to prevent the collapse of a linchpin in the country’s energy network in the wake of Russia’s moves to slash gas supplies. Read More
(Bloomberg) — Banks need more backing from the public sector to manage risks from climate-related projects while such contracts should provide returns, said a panel of market participants. Read More
(Bloomberg) — Investor fears are rife that the European Central Bank is running out of runway to raise interest rates before it’s even begun. Read More
(Bloomberg) — Japan will seek to maintain its stake in the Sakhalin-2 natural gas project in Russia’s far east, the Nikkei newspaper said, after President Vladimir Putin signed a decree transferring rights to a new Russian company just over two weeks ago. Read More
(Bloomberg) — Copper, a darling of the global economic recovery from the pandemic, tumbled to its lowest level in 20 months as fears of a worldwide recession continued to mount, damping the outlook for demand of the metal used in everything from automobiles to homes to iPhones. Read More
(Bloomberg) — Oak Ridge National Laboratory in Tennessee has for decades been a hotbed of US nuclear experimentation. It’s also a target for countries seeking to steal American secrets. More than 1,700 technologies developed in the lab are in China’s crosshairs, according to three-year-old startup Strider Technologies Inc. The list includes ion beams, nuclear power […]
(Bloomberg) — A global squeeze on energy supply that’s triggered crippling shortages and sent power and fuel prices surging may get worse, according to the head of the International Energy Agency. Read More
(Bloomberg) — Klarna Bank AB, which advertises itself as a way to spread the cost of the latest brands and smartphones, is shelling out loans for milk and gas with cash-strapped customers looking for ways to cover basic necessities. Read More