Crypto broker Genesis owes creditors more than $3bn, prompting its owner Digital Currency Group to explore selling assets in its large venture portfolio to raise money, according to people familiar with the matter.DCG, a conglomerate that controls crypto media outlet CoinDesk and investment manager Grayscale,…

Welcome back to Energy Source. Balmy weather has played a central role in helping Europe avoid a winter energy supply crisis and tempering sky-high natural gas and electricity prices. Record-high renewable power generation has also helped of late. The FT’s David Sheppard reported yesterday that…

It had been a while since I wrote about the euro before my column this week, largely because good news is no news, to turn the old dictum around. With the absence of drama around Europe’s single currency, there is less interest and less need…

European stocks rose and Wall Street futures traded in a tight range ahead of the release of December’s US inflation figures on a potentially pivotal day for global financial markets.The regional Stoxx Europe 600 added 0.5 per cent and Germany’s Dax rose 0.25 per cent…

British Gas owner Centrica has forecast a near eightfold increase in full-year earnings after it benefited from soaring energy prices in 2022 following Russia’s invasion of Ukraine.The UK energy group said on Thursday that it expected to report full-year adjusted earnings per share of more…

The head of Abu Dhabi’s state-owned oil company has been appointed president of this year’s UN climate summit by host nation the United Arab Emirates, prompting concern among climate advocates that the move could stymie efforts to reduce fossil fuel consumption.The UAE said on Thursday…