Europe may face an even worse energy crisis next year after draining its natural gas tanks to get through this winter's cold, according to the head of the International Energy Agency on Wednesday, as the EU seeks ways to alleviate the crisis.   After Russia cut gas supplies in response to...

Netflix will launch its first in-house game studio to create "original games without adverts or in-app purchases." The first in-house game studio for Netflix has begun development; up until now, the streaming service had exclusively purchased successful products from developers. Helsinki, Finland...

The struggling bitcoin miner is currently the focus of sympathy.   Late in 2021, miners were the talk of the town because they had a surefire way to make money: connect powerful computers to inexpensive power, solve bafflingly challenging math problems, and then sell the newly created coins...

The lack of advancement in the banking union makes a conventional banking merger in Europe unlikely at the moment, according to Carlos Torres, chairman of BBVA.   "It is difficult to see cross-border mergers because of the lack of functioning of the banking union, which is half done," Torres...

Steel producers are being forced to reduce production across Europe due to rising energy costs, which is endangering widespread plant closures that some experts fear may be permanent in a sector that employs over 300,000 people and generates tens of billions of euros for the local economy.  ...

If the region's gas supply issues continue, the German automaker Volkswagen may stop producing in Germany and Eastern Europe. According to Bloomberg, who quoted the purchasing director at VW, in the event that the gas scarcity lasts considerably longer than the present winter, the production stops...

U.S. aviation company Boeing and the SEC reached an agreement to resolve the SEC's complaints over the firm's and its previous CEO's public statements regarding safety of the Boeing 737 MAX. U.S. aircraft manufacturer Boeing will pay $200 million, and Dennis Muilenburg, its former CEO, will pay $1...

A platform for patent licenses from 51 tech companies has over a dozen automakers, including Toyota and Nissan, signed up with the goal of streamlining access to wireless technology and avoiding pricey legal disputes.   Different opinions among automakers, suppliers, and tech companies about...

The "inflexible and inconsistently implemented" COVID policy, according to a leading European industry group, is a major reason why businesses are losing faith in China and its appeal as a place to invest.   The warnings were released by the European Chamber of Commerce in a paper that also...