Bloomberg European natural gas prices fell, tracking Asian contracts lower, while Russia offered little clarity on volumes it plans to send to the continent next month. Gas giant Gazprom PJSC again opted not to book any extra pipeline space to ship the fuel westward through Ukraine during a monthly auction on Monday. In addition, Russia didn’t book any capacity ...

  Bloomberg Power prices for Monday evening in the UK surged to the highest in a month as supplies are poised to drop with very little wind forecast. The contract for the hour through 6 p.m. London time jumped to $1,589 a megawatt-hour, the highest since December 16 on the N2EX exchange. At the same time, wind output is forecast ...

  GlaxoSmithKline Plc is right to snub Unilever Plc’s 50 billion-pound ($68 billion) proposal to buy the UK drugmaker’s consumer healthcare arm. Unilever’s offer may be in the ballpark, but the consumer-goods giant can justify stretching further — and could easily be forced to. The asset is a unique business with scale and strong brands, including Panadol painkillers and Sensodyne ...