Bloomberg The CEO of Walmart US, John Furner, says there is not currently “any reason to believe there is a continued threat to our Chesapeake store or any other Walmart facility” following the mass shooting at a store in Virginia. Details are still emerging, Furner said in a statement posted to the Walmart blog. Authorities confirmed six fatalities before …

  Bloomberg Energy regulator Ofgem will raise its price cap for the average UK home by 21% to £4,279 ($5,173) from January, underscoring the growing gap the government has to plug to maintain its price freeze. The UK has been subsidising Ofgem’s price cap since October in an attempt to shield households from the worst energy crisis in decades. That …

  Bloomberg The European Union (EU) paused efforts to approve a package of emergency measures to curb the fallout from high natural gas prices as member states struggled to resolve a deep split over a push to cap the cost of gas. Energy ministers holding an extraordinary meeting in Brussels agreed on the content of several emergency measures, but will …