Politics

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European Union gas traders called on the bloc to spell out any changes to storage rules in the coming months, saying persistent uncertainty could jeopardize refilling efforts this summer.

Gleni - Sanjeev’s Gupta’s settlement with creditors owed hundreds of millions of pounds hangs in the balance after the South Australian government placed one of his steelworks into administration last month. - gleni

The European Central Bank’s direction toward further easing policy is “clear” as it’s on course to bring inflation to its 2% target sustainably by the summer and economic growth has disappointed, Governing Council member Francois Villeroy de Galhau said.

The parents of FTX co-founder Sam Bankman-Fried are exploring ways to secure a pardon for the onetime crypto billionaire from President Donald Trump, according to a person familiar with the matter.

A Georgia appeals court disqualified Fulton County District Attorney Fani Willis and her entire office from handling the 2020 election prosecution of President-elect Donald Trump, but will allow the case to continue.

Prime Minister Keir Starmer said he’s not a fan of tariffs, a signal to Donald Trump that his UK government will oppose any move by the president-elect’s incoming US administration to erect trade barriers.

Burkina Faso released four French nationals, who were accused of spying and detained for over a year after Morocco intervened, the country’s state news agency said on Thursday.

Group of Seven nations are exploring ways to toughen the price cap on Russian oil as they seek to better target Moscow’s ability to fund its war against Ukraine, according to people familiar with the matter.

Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Last week’s power price spikes highlight the need for reforms in Europe’s electricity market, Norwegian Prime Minister Jonas Gahr Store said in an interview.

The EV maker pledged to adopt a neutral stance on UAW efforts to organize its factory workers, contingent upon the company becoming profitable.

Eli Lilly & Co.’s weight-loss and diabetes drugs Mounjaro and Zepbound are no longer in short supply in the US, which means compounding pharmacies must stop making copycats in the coming months.

The US Federal Aviation Administration prohibited drone flights over several parts of New Jersey as public hysteria over sightings continues to persist.