Germany, which gets about half its gas and a third of its oil from Russia, has urged its citizens and companies to reduce consumption in anticipation of possible shortages, while Austria, which imports about 40% from Russia, is tightening its monitoring of the gas market.
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US aims to limit China’s role in electric cars
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“This administration is, yet again, trying to find workarounds and delays that leave the door wide open for China...
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Peloton takes another hit from TV heart attack
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That tweet, and another from the company’s global head of communications, prompted some lively replies, including that Bobby Axelrod,...
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Victims lose average of £45,000 in investment scams
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Mark Steward, executive director of enforcement and market oversight at the FCA, said: “Fraudsters use literature and websites that...
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Maersk preparing to resume shipping through Red Sea
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The alternative route, around the Cape of Good Hope, adds about 3,500 nautical miles to the journey. This has...
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Government borrowing costs rise after PM’s U-turn
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“It’s unlikely that the removal of Kwasi Kwarteng as chancellor and the new plans to cancel the cancellation of...
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What high inflation means – in 90 seconds
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Annual inflation, the rate at which prices increase, was up at 5.4% in December, the highest value for almost...
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Budget 2021: ‘Scrooge Sunak not levelling with people’ on cuts
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That argument will be settled in the run-up to a Spending Review. If anything, the medium-term pressures on public...
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Topshop owner’s collapse was ‘inevitable’
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Arcadia: Buyers to ‘pick over carcass’ of Topshop owner, says former boss
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