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  Bloomberg Soaring energy prices are putting the squeeze on European consumers desperate for some relief after two years of coronavirus, lockdowns and job worries. The financial pain is taking a toll on households, who are more worried about prices than at any time this century, and feel less inclined to splurge, according to a European Commission survey. If demand ...

  Bloomberg Chinese coal futures fall to the lowest level this year after Indonesia allowed some cargoes to leave ports as it considers lifting a temporary ban on exports of the fuel. Thermal coal on the Zhengzhou Commodity Exchange dropped by as much as 2.9% on Tuesday after Indonesia’s government said the previous day that it would immediately release 14 ...

  Bloomberg BHP Group will buy a minority stake in a Tanzanian nickel project as the world’s biggest miner seeks to expand in commodities that will be central to the green-energy transition. BHP’s investment in Kabanga Nickel Ltd. comes less than a month after the commodities giant bowed out of a bidding war for Noront Resources Ltd., which owns nickel ...

  Bloomberg UK households face a $24 billion spike in their energy bills in April, and the government is running out of time to do something about the biggest reason why: ballooning wholesale costs. Finding a way to help energy companies lessen that 18 billion-pound jolt, or at least spread it over several years, would be the most effective option, ...

  Bloomberg Royal Dutch Shell Plc said its natural gas trading business overcame supply disruptions to post “significantly higher” earnings for the fourth quarter, but the unit that buys and sells oil fared much worse. It’s the latest in a series of mixed performances from an energy giant that’s under pressure on all sides from activist investors, to pension funds ...

  Bloomberg Toronto, a city of more than 6.5 million people, has just 3,200 homes left for sale to start the year after a real-estate frenzy fuelled by low interest rates drove the market to record levels. More than 121,000 homes were sold in Canada’s biggest city in 2021, up 28% from the previous year and smashing the previous high ...

  Bloomberg Uranium prices jumped as Kazakhstan, the world’s largest producer of the radioactive metal, struggles to cope with deadly protests that pose the biggest challenge to the country’s leadership in decades. The Central Asian nation, a part of the former Soviet Union that produces more than 40% of the world’s uranium, has disrupted communications networks and restricted some travel ...

  Bloomberg German energy giant Uniper SE was forced to borrow billions to pay down margin calls — the collateral that exchanges require to back up trades — as European gas and electricity prices rallied. Uniper got additional loans totaling 10 billion euros ($11.3 billion) from its Finnish parent Fortum Oyj and KfW IPEX-Bank, the company said in a statement ...

  Bloomberg The US was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December due largely to a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by ...

  Bloomberg Germany and Austria came out strongly against the European Union proposal to classify some natural-gas and nuclear projects as sustainable investments, with both countries accusing the bloc of “greenwashing.” In Berlin, the Greens — who joined Germany’s new ruling coalition following September’s election — criticised the regulatory plan as damaging the credibility of the EU green rulebook, known ...