Tuesday , 23 December 2025

Recent Posts

France, UK seen as trouble spots for power supply this winter

  Bloomberg France and the UK are the two nations in Europe most at risk of power shortages this winter, particularly if there is a cold snap in early December or January. With availability of Electricite de France SA’s French nuclear fleet at the lowest level in a decade, the nation will need to rely on imports during several weeks …

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Saudi pulls back with oil’s retreat, profit-taking resumes in Egypt

  Reuters Saudi Arabia’s stock market gave up early gains by the close on Tuesday as oil prices pulled back, while other Gulf bourses were mixed. Profit-taking pulled Egypt’ market lower after big gains this month. The Saudi index has soared over 25 percent — almost entirely erasing its losses this year — since the government’s $17.5 billion international bond …

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European stocks diverge as oil slides before OPEC meet

  London / AFP European stock markets mostly rebounded on Tuesday but London extended losses as mining shares lost their shine, while oil prices slumped almost a dollar on the eve of a crucial OPEC meeting. Asian traders had earlier moved cautiously, with the recent Trump-fuelled rally in stocks subdued by profit-taking, uncertainty over a key vote in Italy at …

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