Economy & Business

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Ruble returns to landmark US dollar rate

Ruble returns to landmark US dollar rate

The Russian currency has weakened to an eight-week low, sliding to 100 rubles to...

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Russian beer giant taking Carlsberg to court – Kommersant

Russian beer giant taking Carlsberg to court – Kommersant

The former Russian subsidiary of Danish brewer Carlsberg has filed a lawsuit to...

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Highest-earning foreign companies operating in Russia revealed

Highest-earning foreign companies operating in Russia revealed

Forbes has published latest list of the biggest Western firms that continue to operate...

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Italian factories ‘trapped in recession’ – S&P

Italian factories ‘trapped in recession’ – S&P

Italian manufacturing has plunged deeper into recession as contraction continues...

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Germany sticks with Chinese rival to World Bank

Germany sticks with Chinese rival to World Bank

Germany pledged to keep supporting a Chinese state-backed development bank despite...

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Russian gas production forecast to soar

Russian gas production forecast to soar

The Russian government plans to continue ramping up LNG output in line with surging...

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Russia’s national debt reaches 16.7% of GDP

Russia’s national debt reaches 16.7% of GDP

Russia’s state debt increased by 9.8% in the first six month of the year as the...

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Fewer Italians will work – data

Fewer Italians will work – data

Italy’s demographic crisis is deepening, as the proportion of working-age people...

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'Royal' UK borough declares it’s nearly broke

'Royal' UK borough declares it’s nearly broke

Britain’s Windsor and Maidenhead council risks becoming latest local authority to...

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Russian industrial production falls for fourth straight month

Russian industrial production falls for fourth straight...

Russia’s industry has slumped on the back of a range of negative factors, official...

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Chinese payment service aiming to enter Russian market – RBK

Chinese payment service aiming to enter Russian market...

Payment service Helipay is looking to simplify cross-border transactions for Russian...

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South American country boasts world’s fastest-growing economy

South American country boasts world’s fastest-growing economy

Resource-rich Guyana has been projected to grow at an “extremely fast” pace in the...

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Russia boosts cross-border settlements in yuan

Russia boosts cross-border settlements in yuan

The share of the yuan in Russia’s foreign trade excluding China has surged to 25%,...

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Most royal of UK boroughs declares it’s nearly broke

Most royal of UK boroughs declares it’s nearly broke

Britain’s Windsor and Maidenhead council risks becoming latest local authority to...

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Egypt ramping up Russian grain imports – Bloomberg 

Egypt ramping up Russian grain imports – Bloomberg 

Egypt is in talks to buy 1 million tons of Russian wheat through a government-to-government...

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Russia can’t keep up with inflow of Chinese imports – Bloomberg

Russia can’t keep up with inflow of Chinese imports – Bloomberg

About 150,000 excess shipping containers from China are reportedly stacked up in...