Reuters News Service

Shell on Thursday posted a third-quarter profit of $9.45 billion, easing from the previous quarter’s record high due to weaker refining and gas trading, as it announced plans to sharply ...

European benchmark gas prices have been steadily declining over the past few months to near their levels before war broke out in Ukraine. Europe has been facing an energy supply ...

The European Central Bank will raise interest rates again on Thursday and likely reel in a key subsidy to commercial banks, taking another big step in tightening policy to fight ...

A senior Russian foreign ministry official said that commercial satellites from the United States and its allies could become legitimate targets for Russia if they were involved in the war ...

German Chancellor Olaf Scholz said on Thursday he believed EU states could find a solution to contain speculative spikes in gas prices, while Greece urged EU energy ministers to reach ...

Twitter Inc (TWTR.N) shares will be suspended from trading on Friday, the New York Stock Exchange’s website showed, as billionaire Elon Musk faces a court-ordered Oct. 28 deadline to ...

Turkish bank executives raised concerns with authorities this week that a year of new rules forcing them to buy government bonds could ultimately destabilize the sector, even as it sharply ...

VAR is once again in the crosshairs following the controversial decision to rule out Harry Kane’s last-minute winner in the Champions League on Wednesday, with some players and pundits ...

Chinese cities from Wuhan in central China to Xining in the northwest are doubling down on COVID-19 curbs, sealing up buildings, locking down districts and throwing millions into distress in ...

The militant group Islamic State said it carried out an attack on a Shi’ite Muslim shrine in Iran on Wednesday which killed 15 people, escalating tensions in a country reeling ...

Ukrainian troops are holding out against repeated attacks by Russian forces in two eastern towns while those at the southern front are poised to battle for the strategic Kherson region, ...

Oil giant Saudi Aramco launched a $1.5 billion fund to support an inclusive global energy transition on Wednesday while Saudi officials said the switch from hydrocarbons could take decades, necessitating continued ...

Lebanon’s caretaker cabinet on Wednesday approved a decision to waive TotalEnergies’ (TTEF.PA) 40 per cent stake in a consortium to explore the country’s maritime Bloc 9. TotalEnergies was leading ...

Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm from the volatility ...

Bahrain’s finance minister said on Wednesday that the Gulf countries need to build their production and export capabilities in order to transform their economies, since the majority of their ...

Goals by Sadio Mane, Eric Maxim Choupo-Moting and Benjamin Pavard earned Bayern Munich a 3-0 win at already-eliminated Barcelona on Wednesday as the German giants clinched a spot in the ...

British welterweight Conor Benn has relinquished his boxing licence after a positive dope test led to a much-hyped fight with compatriot Chris Eubank Jr being called off this month. The ...

The only way to facilitate a peace deal between Russia and Ukraine is helping Kyiv to defend itself militarily, Italian Prime Minister Giorgia Meloni told parliament on Wednesday. “Peace can ...

The U.S. Navy and Army blasted off a rocket from a seaside launch pad in Virginia to test nearly a dozen hypersonic weapon experiments on Wednesday to help develop ...

An attack on a Shi’ite Muslim shrine in the Iranian city of Shiraz killed 13 people on Wednesday, authorities said, and President Ebrahim Raisi vowed that the shooting by suspected ...

The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce dependency on Russia for the ...

The United States on Wednesday imposed sanctions on individuals and entities involved in what it described as Russia’s malign influence operations in Moldova as well as systemic corruption in ...

The Serbian parliament appointed a new government on Wednesday whose main priorities will be investment in energy infrastructure and membership in the European Union. The new Cabinet will be led ...

Nigeria’s bid to claim compensation from a British subsidiary of mining and trading group Glencore GLEN.L over bribes paid to officials at Nigeria’s state oil company was ...