Bloomberg Oil reversed course as the dollar shed some of its strength and risk-on sentiment lifted equity markets. The global oil benchmark rose 1% to trade near $87 a barrel on Monday. Earlier, Brent slipped below $85 a barrel and West Texas Intermediate falls below $80 as the dollar hit an all-time high, which makes commodities priced in the ...

  Bloomberg The European Union’s executive arm plans to discuss the feasibility of imposing a price cap on natural gas in a document to be presented to member states Wednesday, postponing the publication of a broader action plan on how to deal with soaring costs of the fuel. The European Commission is under pressure from the bloc’s 27 governments to ...

Giorgia Meloni’s triumph as the first woman to lead a winning party in the macho world of Italian politics is not a moment to celebrate, for she has brought the far right into the European mainstream, precisely a century after her Fascist forebear Benito Mussolini seized power. It could take until the middle of next month to know the exact ...