Bloomberg European energy and utilities companies are racking up more debt to cover cost of soaring oil and gas prices. Their overall debt, which has been climbing since the pandemic, has swelled this year to more than 1.7 trillion euros ($1.7 trillion) — more than a 50% jump from before 2020. Most recently, Germany’s Uniper looks set to need ...

It’s a falling chain of energy dominoes — one in which each tile is worth many billions of euros. A failed utility here, a nation’s supply there. When the dust settles, the total bill for rescuing the European energy market this winter will easily top $200 billion. This may sound flippant, and it’s admittedly a rough estimate. But the calculus ...

After years of sitting on an over 20% stake in China’s BYD Co, Warren Buffett’s Berkshire Hathaway may be mulling an exit. A similarly-sized position showed up in Hong Kong’s clearing system, fuelling worries that the Sage of Omaha was over the hot Chinese electric vehicle and battery maker. It sure seemed like odd timing: BYD has risen to the ...