Environment

The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing loans this winter, saying banks are far better placed to cope compared to previous crises. “The German economy is facing a difficult time ahead of us due to the Ukraine conflict, China, supply chain problems
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Two months after they agreed to explore price limits on Russian oil sales, G-7 countries are still trying to recruit more countries to join their efforts before they enter more detailed discussions about the policy’s specifics, according to U.S. and European officials. “The coalition has to be broader, and this is the diplomatic phase [negotiators]
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European Commission President Ursula von der Leyen says the region is facing an extraordinary situation. Thierry Monasse | Getty Images News | Getty Images European Union energy ministers on Friday gathered in Brussels for emergency talks on how to protect households and businesses from runaway gas and electricity prices ahead of winter. European Commission President
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We’re exiting our position in Chevron (CVX), selling our last remaining 100 shares at roughly $155 each. Following Wednesday’s trade, Jim’s Charitable Trust will no longer own a position in Chevron. This sale will lock in a fantastic gain of about 36% on stock purchased in December 2021. We’re taking another step Wednesday to pare
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An aerial view shows Isar nuclear power plant, which includes the Isar 2 reactor, on August 14, 2022 in Essenbach, Germany. Isar 2 is one of the last three still operating nuclear power plants in Germany and all three were scheduled to shut down by the end of this year. However, due to the disruption
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