According to present trends, the European Union is on course to meet or exceed gas storage reserve levels in preparation for the winter. However analysts are warning, meeting gas storage objectives will not be enough […]
On Friday, Russian State Energy company Gazprom announced it is suspending all natural gas flows through the Nord Stream 1 pipeline indefinitely, due to technical malfunctions. It had previously shut down the pipeline temporarily for […]
On Friday, Russian State Energy company Gazprom announced it is suspending all natural gas flows through the Nord Stream 1 pipeline indefinitely, due to technical malfunctions. It had previously shut down the pipeline temporarily for […]
Snapchat parent Snap is laying off approximately 20% of its over 6,400 workers, according to sources. In a report by The Verge, sources said the layoffs, which will begin Wednesday, have been planned for weeks, […]
The Wall Street Journal reported that according to sources, ExxonMobil has threatened to sue the Russian government unless it is allowed to exit the Sakhalin oil and gas project. In a statement, the company said […]
For the fourth straight month, construction spending on single family homes dropped in July as investors fear a serious slump in the housing market has begun. Single family home construction spending fell by 4% according […]
The August jobs report is coming at 8:30 a.m. ET Friday, and analysts expect it is going to come in hot with broad-based hiring across many sectors, and that may have implications on Fed policy […]
Surveys on new orders for products of US manufacturers are conflicted, either showing expansion, or a third straight month of contraction. The more widely followed survey, the Institute for Supply Management’s U.S. Purchasing Managers Index […]
Professor Damien Ernst of the University of Liege in Belgium is making startling predictions about the economic future of Europe, if something is not done to lower energy prices. In an interview with French news […]
Netflix will reportedly charge between $7 and $9 per month for their new advertising-supported subscription plan. The new budget-friendly subscription plan will be introduced in the fourth quarter of this year across at least six […]
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