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EU Countries Spar Over 275 Euros/MWh Gas Cap Proposal

The 27 European Union countries disagreed on Wednesday over a proposal by the bloc's executive to cap future gas prices at 275 euros per megawatt-hour (MWh), a plan that has swiftly drawn criticism from both backers and opponents.
Nov 24, 2022

Bankers Pour Cold Water On Red Hot Coal

After years of decline, demand for the polluting fossil fuel has surged this year as Europe scrambles to replace Russian gas, and coal miners are making money hand over fist.
Nov 24, 2022

Senators Urge Pentagon To Reconsider Gray Eagle Drones For Ukraine

A bipartisan group of 16 U.S. senators pressed the Biden administration to carefully reconsider Ukraine's request for lethal Gray Eagle drones to fight Russia and asked the Pentagon to explain why it has not moved ahead, according to a copy of the letter.
Nov 23, 2022

Citigroup Targets More Deals In Gulf Region

Citigroup Inc's investment banking team has increased by 50% over the past two years and more people are being added in the United Arab Emirates (UAE) and Saudi Arabia, joining rivals seeking to take advantage of a red-hot Gulf IPO market.
Nov 23, 2022

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