Tue, 21-Oct-2025

German industrial output up but conflict darkens outlook

german industrial

FRANKFURT: German industrial production rose again in January, official figures showed on Tuesday, but the positive picture was likely to be upended by the impact of the war in Ukraine. Production was up 2.7 per cent on the previous month, according to seasonally adjusted figures from the federal statistics agency Destatis, after rising 1.1 per … Read more

Ukraine complains to EU against Russian gas monopoly

Ukraine

KIEV: Ukraine said on Wednesday it had complained to the EU against Gazprom, accusing the Russian energy giant of creating “an artificial deficit of gas” in Europe which has resulted in a price surge. European gas prices rocketed Tuesday to all-time highs on strong winter demand and simmering geopolitical tensions between key supplier Russia and consumer … Read more