Experts predict officials will set the cap at £3,576 per year for the average household
VILNIUS (Reuters) - Lithuania postponed maintenance on a power cable to Sweden due to the tight market situation, its energy ministry said on Friday.
"The temporary disconnection would reduce import volumes and would have a negative impact on the already high market price," Energy Minister Dainius Kreivys said in a statement.
The maintenance was initially scheduled for late August but had been moved to November 7-13, Lithuania's transmission system operator said in a note to the Nord Pool spot market.
(Reporting by Andrius Sytas in Vilnius, editing by Stine Jacobsen)
Apple has disclosed serious security vulnerabilities for iPhones, iPads and Macs, which could potentially allow attackers to take complete control of devices. Apple added that it is "aware of a report that this issue may have been actively exploited". Security experts have advised users to urgently update affected devices - the iPhone 6S and later models, newer iPads, and Mac computers running macOS Monterey.
A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take years to complete, making it a less attractive option to address Europe's supply worries than new terminals to receive fuel by boat, France's energy transition ministry said. The European Union is bracing for any further fall in gas flows from Russia, which had been the 27-nation bloc's biggest supplier before it invaded its neighbour Ukraine in February and trade was disrupted. German Chancellor Olaf Scholz said last week that building a pipeline from Portugal through Spain and France to the central European states that are more reliant on Russian gas would "massively relieve the supply situation".
(Bloomberg) -- General Motors Co. is reinstating its dividend -- at a sharply reduced level -- and resuming share buybacks more than two years after they were suspended to preserve cash in the early days of the pandemic.The Detroit automaker will pay a quarterly dividend of 9 cents a share beginning Sept. 15, according to a statement Friday. GM had halted its 38-cent payout in April 2020. The company is also restarting its buyback program, which will be expanded to $5 billion from the $3.3 billi
FCA finds the bank failed to reach requirements on surveillance to identify market abuse
A 30-second video can be made from the AI analysing and contextualising the contents of an image
London-listed company, which operates 751 sites in 10 countries, has run up debts of more than £4bn
New handset will be revealed in a live-streamed online event
KYIV (Reuters) -Ukraine's 2022 wheat harvest is 91% complete at 17.4 million tonnes despite hostilities in eastern and southern regions, grain traders union UGA said on Friday. The union said farmers had threshed 4.3 million hectares of wheat with an average yield of 4.0 tonnes per hectare. The union's statement said farmers had harvested a total of 25.7 million tonnes of grains and oilseeds so far.
Release of Game of Thrones prequel expected to boost visitor numbers in parts of Cornwall, Peak District, Spain and Portugal
Norway's state-owned power grid operator Statnett said on Friday it would extend its policy of making no charge for use of its grid until the end of 2023 to cushion customers from high electricity prices. Statnett had said in February it would not charge consumption tariffs from April until the end of 2022 after record high electricity prices drove up its income from distributing power in Norway and to neighbouring countries. It also said it would set another tariff it usually charges its customers relating to losses in the grid to zero from Sept. 1 until the end of 2023.
Ofcom says millions of pay-TV customers were not informed in time to look for better deals
Product Overview Replacement for breast milk is infant feeding. The initial six months after birth play a crucial role in the development of an infant, which is of vital importance in ensuring adequate nutrition during this time.New York, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Infant Formula Market: Market Segments: By Ingredient Type ; By Application; By Distribution Channel ; and Region – Analysis of Market Size, Share & Trends for 2014 –
Kinepolis sees cinema attendance recover further and is regaining financial strength Regulatory release 18 August 2022, 7 a.m. Kinepolis recorded a strong recovery in its operating result and free cash flow in the first half of 2022. The Group saw a progressive recovery in cinema attendance in all countries, with countries that initially lagged behind now catching up. The summer holiday started promisingly, but was then plagued by the heat wave. Kinepolis welcomed five times more visitors in the
STOCKHOLM (Reuters) -The Swedish government on Thursday cut its outlook for growth next year as it warned the impact of Russia's war in Ukraine and soaring inflation would increasingly hit the economy. The minority Social Democrat government, which faces a tight general election in September, raised its outlook for economic growth this year to 2.3%, from a June forecast of 1.9%, but it slashed its prediction for 2023 to just 0.4% from 1.1%. "The economy is on a war-footing and uncertainty is high," Finance Minister Mikael Damberg told reporters.
Analysts had forecast £2.8bn for the month.
Former advisor to Tory prime minister calls the lack of action due to Truss v Sunak leadership contest ‘ridiculous’
A future PM will have a huge selection of challenges to choose from. Finance watchdogs should not be on the list
Stock markets mostly dropped on Friday, with investors focussed firmly on the outlook for interest rate hikes as central banks battle to bring down sky-high inflation.
Global Medical Affairs Outsourcing Market Global Medical Affairs Outsourcing Market Dublin, Aug. 18, 2022 (GLOBE NEWSWIRE) -- The "Global Medical Affairs Outsourcing Market (2022-2027) by Service, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Medical Affairs Outsourcing Market is estimated to be USD 7.89 Bn in 2022 and is expected to reach USD 14.6 Bn by 2027, growing at a CAGR of
DP World saw its profit soar by more than 50% in the first six months of the year.