Germany will scrap a gas storage levy at its border from next January after central European states like the Czech Republic said it would harm their efforts to ditch Russian gas. from Bloomberg Markets https://ift.tt/bcgu7er
Japan will provide Woodside Energy Group Ltd. a $1 billion loan to develop a natural gas project in Australia, another move by the Asian energy importer to ensure the supply of fossil fuel for decades. from Bloomberg Markets https://ift.tt/Eob3j6h
East Africa will bounce back to be the continent’s fastest growing region this year and next, according to the African Development Bank’s projections. from Bloomberg Markets https://ift.tt/8cCueE1
Sweltering heat has raised gas demand in India by as much as 12% from a year ago as some idle power plants have restarted to cater to growing electricity needs, according to a major supplier of the fuel in India’s capital. from Bloomberg Markets https://ift.tt/MsObygY
South Africa’s rand fell Thursday as initial forecasts for the general election showed a marked decline in support for the ruling African National Congress. from Bloomberg Markets https://ift.tt/kzDtwnh
In another sign of rising interest rates in Japan, the gap between 30-year government bond yields and swaps contracts has widened to the most in a more than a decade. from Bloomberg Markets https://ift.tt/w3yKiSP
Switzerland’s economy unexpectedly maintained momentum at the start of the year on services and private consumption, while concerns about struggling exporters persist. from Bloomberg Markets https://ift.tt/bhkgRLj
One of Italy’s greatest football teams has just won its 20th league title, but in the boardroom there’s been little to cheer. from Bloomberg Markets https://ift.tt/UI1SjXM
Barclays Plc is seeing signs that the yearslong drought in IPOs is slowly coming to an end as corporate chiefs and investors alike have gotten more clarity on central banks’ plans to lower interest rates. from Bloomberg Markets https://ift.tt/oqzOiX6
Spanish inflation quickened for a third month as the rollback of government support to contain energy crisis continued to push prices higher. from Bloomberg Markets https://ift.tt/8J7rcNV