3 Things the Smartest Investors are Doing Right Now

Times have been tough for just about everyone this year. Inflation has hurt companies' earnings and consumers' wallets. Worries about the economy have made the situation even worse. Major indexes have dropped in the double digits. Read More...

Associated Press

German gas importer VNG seeks help from government

German gas importer VNG is seeking help from the government after cuts to Russian gas supplies forced it to buy gas at far higher prices on the market to fulfill its supply contracts. Energy company EnBW, which has a majority stake in VNG, said Friday that its subsidiary was submitting an application for “stabilization measures” to the Economy Ministry “to avert further damage and to enable the VNG Group’s business operations as a whole to continue.” Ministry spokesman Robert Saeverin said the application had been received but declined to comment on what measures might be considered.

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