Bloomberg Europe wants its industry to burn more natural gas instead of coal to reduce global warming. The problem is, there isn’t enough gas at the right price. Depleted gas stores after the coldest winter since 2012, coupled with pipeline constraints on flows from Russia and Norway, have driven prices to their highest level in at least five years. The ...

Bloomberg Italian President Sergio Mattarella asked economist Carlo Cottarelli to form a government with new elections due as early as the fall, as populist leaders railed against the president and the European Union for blocking their bid for power. Cottarelli, 63, a former executive director of the International Monetary Fund, pledged Italy would stay in the euro and called for ...

Bloomberg Scottish First Minister Nicola Sturgeon reiterated her goal for the UK to remain in the customs union and single market in a meeting with Michel Barnier, the European Union’s chief Brexit negotiator, in Brussels. Sturgeon’s aim was to ensure that the EU understands Scotland’s concerns, according to a statement from her office. She said in an interview with Politico ...