Economy / Europe
Russia-EU trade dips to near 25-year low – data
Bilateral trade between Russia and the EU has dropped to its lowest level since...
Ukraine on the brink of default – Reuters
The government needs an agreement with foreign bondholders by August on a multi-billion-dollar...
Russia’s largest private lender expanding to China – Bloomberg
Major Russian lender Alfa Bank is set to open offices in Beijing and Shanghai Read...
EU to challenge US and China in trade
The European Union will continue looking for ways of competing equitably with its...
Biden may tap US strategic oil reserves – FT
US President Joe Biden is reportedly hoping to tame rising gasoline prices and inflation...
China beating US in nuclear energy – report
The Asian superpower’s civilian nuclear sector is more than a decade ahead of the...
Russia surpasses US in gas supplies to Europe – FT
In May, gas imports from Russia to Europe exceeded those from the US for the first...
EU nation resumes imports of Russian iron and steel – media
Spain returned to purchasing Russian steel and iron in April, RIA Novosti reports,...
Sales of Chinese cars top those of US rivals for first...
China’s automakers outdo US rivals for first time in 2023, with over 13 million...
Coca-Cola applies to register trademarks in Russia – media
US soft-drinks maker Coca-Cola has applied to register several trademarks in Russia,...
UK falls in line with US sanctions on Russia
The latest measures are aimed at disrupting Moscow’s ability to circumvent the Western...
Do the new US sanctions mark Russia’s final divorce from...
Western currency trade restrictions are pushing Russia closer to China Read Full...
Yuan to replace dollar as Russia’s main foreign currency...
The renminbi has surpassed the US dollar to become the most traded currency with...
EU energy giant terminates Russian gas supply contracts
German utility Uniper has decided to terminate its gas supply contracts with Gazprom...
Musk drops case against OpenAI – reports
Billionaire entrepreneur Elon Musk has dropped a legal case against the creator...
Moscow exchange suspends trading in dollars and euro
The Moscow exchange has suspended trading in dollars and euros, citing fresh US...
