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ATHENS, Greece (AP) — The Greek government lashed out at Turkey Monday after Turkish President Recep Tayyip Erdogan threatened over the weekend to hit Athens with ballistic missiles. “It is unacceptable and universally condemnable for threats of a missile attack against Greece to be made by an allied country, a NATO member,” Greek Foreign Minister Nikos Dendias said Monday, arriving in Brussels for a European Union foreign affairs meeting. “North […]

The heads of the International Energy Agency and European Union’s executive branch said Monday that the 27-nation bloc is expected to weather an energy crisis this winter but needs to speed renewables to the market and take other steps to avoid a potential shortage next year in natural gas needed for heating, electricity and factories. Even after Russia cut most natural gas to Europe amid the war in Ukraine, EU […]

BERLIN (AP) — The German government says it will provide Kenya with 112 million euros ($118 million) to help the East African nation close the gap to 100% renewable energy and produce hydrogen. Kenya already gets about 90% of its electricity from renewable sources including hydropower, geothermal and wind. It aims to phase out entirely the use of fossil fuels for electricity generation by 2030. Germany’s Development Ministry said Monday […]

Grilling company Weber is being taken private in a deal valued at about $3.7 billion. Investment funds managed by BDT Capital Partners LLC will buy all of the outstanding shares of Weber Inc. that they don’t already own for $8.05 per share. Weber’s board has approved the transaction, which is expected to close in the first half of next year. Weber, based in Palatine, Illinois, went public in August 2021 […]

NEW ORLEANS (AP) — A wide-smiling Zion Williamson could afford to poke fun at himself for the free throw he missed while fans packing the New Orleans Pelicans’ home arena were celebrating his latest dominant outing with thunderous chants of “M-V-P!” That’s because the Pelicans, now perched atop the Western Conference standings, had just won their seventh straight game — thanks in no small part to Williamson’s game-high 35 points […]

A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department serves up its November snapshot of inflation at the consumer level Tuesday. Americans continue to face higher costs, reflected in a run of sharp annual increases in the consumer price index since summer last year. Prices for U.S. consumers jumped 7.7% in October from a year earlier. Still, that […]

LONDON (AP) — Heavy snow, ice and fog triggered travel disruptions across the U.K. on Monday, as airports canceled flights, train operators issued do-not-travel alerts and police warned of treacherous roads. The Met Office, Britain’s national weather service, issued severe weather alerts for large parts of the country. Roads in eastern and southeast England were among the most affected. Some travelers were stuck for hours due to the closure of […]

BUDAPEST, Hungary (AP) — The leaders of Hungary, Romania, Georgia and Azerbaijan plan to meet in Romania’s capital Saturday to conclude an agreement on an undersea electricity connector that could become a new power source for the European Union amid a crunch on energy supplies caused by the war in Ukraine. The agreement involves a cable running beneath the Black Sea which would link Azerbaijan to Hungary via Georgia and […]

LONDON (AP) — Britain’s economy shrank in the three months through October, confirming the toll that rampant inflation and rising interest rates are having on business and industry. Gross domestic product, the broadest measure of economic activity, fell by 0.3% in the period when compared with the three months through July, the Office for National Statistics said Monday. The decline came even as estimates showed GDP increased by 0.5% in […]