Russia’s state-controlled Gazprom PJSC suspended natural gas deliveries to Italy Saturday, deepening Europe’s ongoing energy crisis.
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Italy has secured more gas imports this year from alternative suppliers to make up for a descend in flows from Russia after the begin of the war in Ukraine.Russia’s state-owned energy giant said tha…
1 as Gazprom has said it is not possible to supply gas through Austria, the Italian power major said in a statement on its website.MILAN (Reuters) – Italy’s Eni said on Saturday it not would colle…
Since February, the share of Russian gas in Italian imports has fallen from 40% to roughly 18%, with the authorities saying they can cope with the shortfall expected in the winter by using alternative…
European countries have been rushing to find alternatives to Russian gas and defend against supply interruptions as Russian President Vladimir Putin continues to choke off power to the mainland to put…
Coldiretti President Ettore Prandini warned that 70,000 Italian farms working at a loss could go out of business due to high power prices and said few of them would be able to relaunch under more favo…
Italian insurer Assicurazioni Generali is exploring a deal with U.S. investment compact Guggenheim Partners in a bid to bolster its asset management business, Bloomberg News reported on Friday, citing…
All territories illegally occupied by Russian invaders are Ukrainian land and will always be part of this sovereign nation.ITALY’S GIORGIA MELONI Russian President Vladimir Putin once again demonstr…
31 the deadline for unique talks with a consortium led by U.S. private equity fund Certares over a majority stake in ITA Airways, two sources close to the matter said on Friday.The Certares-led consor…
MILAN (Reuters) -Italy’s antitrust watchdog said on Friday it was investigating two units of Europe’s biggest utility Enel after they allegedly asked clients to pay energy bills that had lapsed un…
The agency said soaring gas prices and inflation were the reason it had cut its growth forecast by almost two points.
The national statistics agency said that this moment food-price hikes, rather than energy-bill increases, were the driving force Indeed, the trolley index of everyday goods such as food and household …
The pound crashed to a record low against the dollar around $1.0327, while British government borrowing costs soared above those for more indebted nations like Italy and Greece.A widening spread indic…
Under new CEO Andrea Orcel, UniCredit has strengthened its ties with Allianz by renewing their partnership agreements in Italy and Germany and pursuing closer technological integration.