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War in Ukraine risks displacing 1 million, straining EU’s east

Bloomberg Europe is bracing for what could be an exodus of more than a million refugees after Russia launched a full-scale attack on Ukraine, as officials say any initial strain will be borne by member states on the bloc’s eastern frontier. The order of a full-scale invasion from President Vladimir Putin, triggering one of the worst security crises in Europe ...

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American Electric Power plans to sell US wind, solar farms

  Bloomberg American Electric Power is planning to sell some or all of its renewable energy portfolio in order to focus on its core utility business. “This move will simplify and de-risk the company while allowing us to redeploy capital to our regulated businesses, where we see a meaningful pipeline of investment opportunities to enhance service for customers across our ...

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Burger King franchisee cuts portion sizes over inflation

  Bloomberg Carrols Restaurant Group Inc, the largest Burger King owner in the US, is cutting its chicken-nugget portion sizes as surging beef and wage costs hit profit. Beef costs were up 33% in the fourth quarter compared with a year earlier for Carrols, which owns more than 1,000 Burger King stores. It’s a big deal for the seller of ...

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