The Latest Breaking News from Uniper

The US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs. Also in the show: the German…

The German government has agreed to nationalise the embattled gas giant Uniper, which ran into financial problems after the curtailment of Russian supplies.

The German government has agreed to nationalize the country’s biggest gas importing company, Uniper, expanding state intervention in the industry to prevent an energy shortgage resulting from Russia’s war in Ukraine

GERMANY is reportedly in advanced talks to nationalise three large gas importers in a bid to prevent the collapse of its energy market.

Terms under discussion include increasing state’s holding to 50% as pressure on supplies continues

German energy supplier Uniper says it is exploring the possibility of the government acquiring a majority holding in the company as its losses mount

The European Union's executive outlined plans on Wednesday to raise more than $140 billion from energy firms to help shield households and businesses from soaring prices that threaten economic recession and insolvencies.

The energy giant's plans have sparked protests in Germany, but the debate on the streets of Karratha is more complex.

It was due to be decommissioned in September