Economy & Business

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EU’s top court makes landmark Russian sanctions decision

EU’s top court makes landmark Russian sanctions decision

The former head of Russian e-commerce giant Ozon has succeeded in overturning EU...

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Russian billionaires fail to overturn EU sanctions – Bloomberg

Russian billionaires fail to overturn EU sanctions – Bloomberg

An EU court has dismissed sanctions appeals by Russian tycoons Gennady Timchenko...

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German software giant leaves Russian customers without support – Kommersant 

German software giant leaves Russian customers without...

SAP will stop maintenance contracts with Russian clients at the end of the year...

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EU’s economic engine losing steam – study

EU’s economic engine losing steam – study

German GDP will fall by 0.5% in 2023, under pressure from high interest rates and...

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Countries can benefit by refusing to sanction Russia – Bank of Canada

Countries can benefit by refusing to sanction Russia –...

Nations that remained neutral in the conflict between Moscow and the West have seen...

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Latest Chinese smartphone finds way around US sanctions – Bloomberg

Latest Chinese smartphone finds way around US sanctions...

Huawei has reportedly developed a smartphone with 5G speed capabilities despite...

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Swiss financial industry suffering from sanctions on Russia – media

Swiss financial industry suffering from sanctions on Russia...

Switzerland’s banks have been in the crosshairs over the way they implemented the...

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Russia shocks global oil markets

Russia shocks global oil markets

Russia will reduce crude exports by 300,000 barrels per day through December to...

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Major upturn in Russia’s new car sales

Major upturn in Russia’s new car sales

Russian car sales are on course to recover from the impact of Western sanctions...

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Most Russians share strong connection to land – survey

Most Russians share strong connection to land – survey

The vast majority of Russians are familiar with farming and have harvested crops...

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Russian oil exceeds Western price cap

Russian oil exceeds Western price cap

Russian Urals crude has been trading above the $60 per barrel price cap set by the...

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German car industry issues energy-price warning   

German car industry issues energy-price warning  

High energy costs have made the German car industry less competitive, the head of...

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Russia and Türkiye planning long-term energy сooperation – Erdogan

Russia and Türkiye planning long-term energy сooperation...

Moscow and Ankara are working on the creation of a major gas hub in Türkiye, President...

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West to pressure UAE over Russia ties – WSJ

West to pressure UAE over Russia ties – WSJ

The US, UK and EU plan to demand that the UAE stop dual-use goods sales to Russia,...

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Türkiye proposes national currencies trade with Russia

Türkiye proposes national currencies trade with Russia

Moscow and Ankara should switch to ruble-lira settlements to boost trade, Recep...

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Ukraine attacking key gas pipelines to Türkiye – Putin

Ukraine attacking key gas pipelines to Türkiye – Putin

Russian pipelines, which transport gas to Türkiye, are constantly being attacked...