Doloresz Katanich
Economy
Trump announces $200bn in South Korean energy investment plans
US President Donald Trump announced Wednesday plans for $200 billion in South Korean investments in US energy projects, including $54 billion for a long-planned liquefied natural gas (LNG) project in Alaska that Seoul said it had not yet agreed to invest in.
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Economy
IEA could weigh further oil reserve releases as EU energy costs soar
The IEA says it could consider releasing more emergency oil stocks if supply disruptions worsen, although another release is not currently its top priority. Europe faces a difficult winter after spending more than €100bn extra on energy imports since the Iran war began.
Turkey
Turkey’s fund probe: Asset freezes lifted as AKP deputy chair quits
Turkish prosecutors have lifted asset restrictions on 45 companies and 19 funds amid an investment fund crisis affecting more than 450,000 investors. The decision comes after a deputy chair of President Recep Tayyip Erdoğan’s ruling party resigned amid allegations about her share trading.
Economy
How European governments are trying to ease the fuel price shock
European governments are cutting fuel taxes, offering subsidies and adjusting energy rules to ease the impact of record petrol and diesel prices. France, Germany and Spain are among those expanding support, while the EU faces the added risk of possible US restrictions on diesel exports.
Business
Bentley launches its first EV, and it could be its cheapest model
Bentley’s first fully electric car tests wealthy buyers’ appetite for luxury EVs, and it comes with a €408 million investment in its Crewe factory. The launch supports existing jobs at a time when several high-end rivals have delayed or dropped plans for electric models.
Economy
EU electric car registrations jump 63% as Chinese brands gain ground
New electric car sales jumped by nearly two-thirds in August 2026 compared to their levels last year as fuel prices hit fresh records in the European Union. But German carmakers struggle to benefit from a broader recovery of the EU car market.
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