Economy & Business
Japanese clothing giant exits Russia – Vedomosti
Japanese casual wear brand Uniqlo has ceased operations in Russia amid Western sanctions...
Rich Nordic nation’s economy stalls
Norway’s economy stagnated in the second quarter of this year due to a slowdown...
EU imports from Russia drop at ‘unprecedented’ pace – Borrell
Top EU diplomat Josep Borrell claims that the drop in trade with Russia shows that...
Expanded BRICS will make up nearly 40% of global economy...
The combined GDP of the BRICS group of countries will top $60 trillion after six...
Top crypto exchange bans foreign currency transfers for...
Binance has banned Russia-based users from transactions in any currency other than...
Russian billionaire asks EU to remove sanctions – FT
The co-founder of Russian tech giant Yandex is seeking EU sanctions relief, the...
Scholz laments state of Germany’s economy
Germany’s current economic growth is ‘unsatisfactory,’ Chancellor Olaf Scholz has...
Russian business activity soaring
Small- and medium-sized Russian businesses have continued to strengthen their economic...
Red Cross gets gold bars left on train
The Swiss authorities will donate 120 gold ingots discovered on a train to the Red...
British warned of tough winter ahead
British households will struggle to pay their energy bills this winter amid a cost-of-living...
German federal budget deficit soars
Berlin’s efforts to stem the rise in energy prices has seen government net borrowing...
Use of euro in global payments nosedives – data
The share of the euro in global cross-border transactions has continued to shrink,...
ECB explains its anti-inflation plan
The European Central Bank will not lower benchmark rates until inflation returns...
Moscow’s economy grew 20% in just five years – deputy mayor
The Russian capital continues to prosper despite facing challenges from Covid and...
China emerging as global LNG trading power – Reuters
Chinese energy traders have been boosting their role on the global liquefied natural...
German state budget deficit soars
Berlin’s efforts to stem the rise in energy prices has seen government net borrowing...