Bloomberg Germany will step in if gas-storage operators fail to fill facilities sufficiently to comply with new requirements, as the government takes a tougher line to secure supplies for next winter. Under the new rules — approved by the upper house of parliament on Friday and due to take effect from May 1 — operators must fill storage facilities ...

Last weekend saw the re-election of the man often thought of as Europe’s proto-Putin: Viktor Orban, the Hungarian prime minister who has attacked his country’s democracy while seeking to weaken the European Union and North Atlantic Treaty Organization (Nato) from within. Yet Orban should be careful whom he emulates. If Russian President Vladimir Putin’s recent performance is any indication, he ...

From Gucci’s 10,000-square-foot store on the site of a former pencil factory in SoHo to Hermes’ two-story flagship in a New Jersey mega-mall, America hearts luxury. And that’s a good thing for the industry, because with Shanghai in lockdown and European demand potentially hurt by the war in Ukraine, the US once again is picking up the bling baton. In ...