Bloomberg Uniper SE plans to keep importing natural gas from Russia for another decade, even as Europe seeks to cuts its energy dependency on the country. The German utility — one of the continent’s largest buyers of Russian gas — has contracts with Gazprom PJSC that will expire in the middle of 2030s, CEO Klaus-Dieter Maubach said at Uniper’s ...

All happy families are alike; each unhappy family is unhappy in its own way. Leo Tolstoy’s famous opening in Anna Karenina applies also to alliances. Right now, Nato is unhappy with Turkey, the European Union with Hungary. For the sake of all involved — including cherished relatives such as Sweden and Finland — let’s hope these families sort things out. ...

The remarkable strength of the UK consumer is finally starting to crack. Higher bills for household energy, more expensive fuel, pricier groceries and rising interest rates are beginning to take their toll on shoppers. Consumer confidence slumped in April, as energy prices soared and national insurance contributions rose. GfK’s measure of consumer confidence slumped to -38, a level last seen ...