Tue, 21-Oct-2025

Denmark’s Orsted says risk of Russia ending gas supplies

Denmark

Danish energy company Orsted warned Monday that Russia might cut gas supplies to Denmark soon if it refused to pay in rubles, but that gas could still be secured through the European market. Orsted, formerly DONG Energy, insisted on continuing to pay for Russian gas deliveries in euros and that the payment deadline was May 31. … Read more

Markets rally eyeing China reopening

Markets

Global stock markets rallied Tuesday on hopes that China will ease its weeks-long Covid lockdown and step by step reopen agencies. European exchanges closed higher and Wall Street’s principal indices additionally rose in mid-day trading, spurred by an almost one-percentage rise in April retail income. “We’ve seen a much more positive vibe around European equity … Read more