Europe's gas shock could reach consumers faster than in 2022. The ECB says wholesale gas moves now feed into retail prices within 1-3 months across more than half the Eurozone, increasing near-term inflation pressure. #NaturalGas# #Europe# #Inflation# #ECB#

Europe's leading AI company Mistral and others have accused US rivals of using safety concerns to entrench their dominance, rejecting Anthropic's calls for advanced developers to slow down as Europe struggles to catch up

Europe’s Winter Power Surge Is Biggest Since Energy Crisis As Europe heads into winter, electricity markets are flashing their strongest warning since the energy crisis. Wholesale power for January in Germany, the region’s biggest economy, is trading above €180 a megawatt-hour on the European Energy Exchange, up more than 60% from a year earlier. The main driver is natural gas, which has surged in recent weeks as Europe struggles to refill storage amid intensifying competition for the fuel. The Iran war has added to the pressure, with the closure of the Strait of Hormuz cutting off supplies from Qatar. (Bloomberg)

Europe’s oil refiners are paying eyewatering premiums for cargoes as the shutdown of Saudi Arabia’s East-West pipeline forces the region’s buyers to scramble for alternatives with fuel prices soaring

Europe’s first official Tesla Semi order has been placed 🇨🇭 Swiss trucking company Käppeli Logistik ordered the truck at IAA Transportation, seven years after its 2019 pre-order at Tesla’s Fremont factory. It will join the company’s fleet in 2027.