These should be great times to be in the wind energy business, especially in Europe. Governments here have long promoted offshore wind projects, and those efforts have accelerated since Russia […]
Europe
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Back to news homeWill Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
Major oil and gas companies have raked in multibillion-dollar profits at unheard-of levels. Households around the world are reeling from soaring energy prices, while governments are struggling with outsize spending […]
Half of France’s Nuclear Plants Are Off-Line
An army of engineers has fanned out through nuclear power plants across France in recent months, inspecting reactors for signs of wear and tear. Hundreds of expert welders have been […]
In Fashion Industry, a Fine Line Between Collaboration and Collusion
In the spring of 2020, during the earliest and darkest months of the coronavirus pandemic, a group of clothing executives and designers began talking — tentatively — about upending some […]
Europe Braces for a Winter Without Russian Gas
Countries across the continent have taken extraordinary steps to decrease energy use and ramp up supply, moving swiftly away from their longtime primary provider, Russia. Read More
Inflation in Europe Reaches a Record 10.7% as Officials Face Hard Options
Despite rapid interest rate increases by the European Central Bank, more than half of the 19 eurozone countries see double-digit rises in consumer prices. Read More
European Central Bank Raises Interest Rates Again
Policymakers on Thursday approved another hefty rate increase to corral prices that have risen “far too high.” Read More
Why Natural Gas Prices in Europe Are Plunging
A combination of full storage, lower demand and mild weather, among other factors, has eased concerns of a spike in heating and power prices — for now. Read More
How Finnair’s Huge Bet on Faster Flights to Asia Suddenly Came Undone
When Russia closed its airspace, it upended the decades-long strategy for making Finland a European travel hub to and from the East. Read More
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. Read More