News Germany Commodities: Germany is nationalizing a local unit of Russia's energy giant Gazprom, in an $8 billion bid to keep it from collapsing
Germany has nationalized a former subsidiary of Russia's natural gas giant Gazprom, to avert its collapse as it tries to nail down its energy needs. The German government is taking Security Energy for ...
News Germany Commodities: Germany is now generating nearly a third of its electricity from coal as it scrambles to replace Russian gas before winter
Germany is relying more on coal to produce electricity as Europe's energy crisis worsens. Coal-generated electricity rose by 17.2% year-on-year in the first half, per Destatis data. Meanwhile, Germany ...
News Germany Commodities: Commodities: US, German Data May Help Offset Hurricane Sandy Jitters
Commodities are under pressure amid broad-based about the impact of Hurricane Sandy but German and US economic data may help countervail negativity. Prices are stalling above the 85.00 figure, a ...
News Germany Commodities: Commodities Notched Their Best Year Since 2009, Despite Precious Metals Weakness
Commodities as a whole had their best year in over a decade, due in large part to inflation triggered by unprecedented global monetary and fiscal stimulus. The Bloomberg Commodity Spot Index ended ...
News Germany Commodities: Tensions between Russia and Ukraine aren’t fully priced into commodities
Tensions between Russia and Ukraine are on the rise, and traders have yet to fully recognize the risks a conflict would pose to the commodities ...
