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Germany's half-a-trillion dollar energy bazooka may not be enough
Reuters via Yahoo! Philippines News· 2 years agoGermany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since...
Gas crunch eases in Europe — but the respite might not last
Associated Press via Yahoo! Philippines News· 2 years agoNatural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather...
Credit Suisse shares soar after central bank offers lifeline
Associated Press via Yahoo! Philippines News· 1 year agoCredit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50...
Oil producers' cuts could boost gasoline prices, help Russia
Associated Press via Yahoo! Philippines News· 1 year agoMajor oil-producing countries led by Saudi Arabia said they're cutting supplies of crude — again....
Europe's central bank backs larger-than-expected rate hike
Associated Press via Yahoo! Philippines News· 2 years agoThe European Central Bank raised interest rates Thursday for the first time in 11 years by a...
OPEC+ makes big oil cut to boost prices; pump costs may rise
Associated Press via Yahoo! Philippines News· 2 years agoThe OPEC+ alliance of oil-exporting countries decided Wednesday to sharply cut production to support...
Deutsche Bank shares drop amid global jitters over banks
Associated Press via Yahoo! Philippines News· 1 year agoShares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading...
FTSE 100 closes in the red as Wall Street slips amid inflation jitters
Yahoo Finance UK· 2 years agoThe FTSE 100 and Wall Street are still digesting the hawkish speech Powell gave at Jackson Hole....
Bank fears spread to Europe, drag down shares of big lenders
Associated Press via Yahoo! Philippines News· 1 year agoFears about the world banking system spread to Europe on Wednesday as shares in the globally...