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EUROPEAN UNION

Gas installation is pictured at the Cavern Underground Gas Storage (CUGS) Kosakowo facility, near Debogorze

EU countries eye deal on more energy measures within weeks

European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take and whether they should cap gas prices.

EU leaders turn to gas price caps to end energy crunch

Bulgartransgaz gas compressor station near Ihtiman
European Union leaders will lock horns on Friday over whether and how to cap gas prices, as they attempt to curb a surge in energy prices that threatens to push the 27-nation bloc into recession and disrupt the EU's cherished single market.
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People pass by an electronic screen showing Japan's Nikkei share price index inside a conference hall  in Tokyo

Asia tries to bounce, tense week ahead for EU

Asian shares inched higher on Monday following a much-needed bounce on Wall Street, but nerves are stretched ahead of a near-certain rate hike in Europe and another round of corporate earnings reports.