Economy & Business
Russian savers prefer yuan to euro and dollar – survey
The Chinese yuan is the most popular foreign currency to keep for a rainy day among...
Half of Americans fear AI will steal their jobs – survey
A growing number of US workers are concerned about being replaced by robots and...
China’s biggest banks offloading dollars – Reuters
Major banks in China were reportedly selling dollars to buy yuan this week to slow...
Saudi Arabia’s oil exports fall to 21-month low
Saudi Arabia, the world’s top oil exporter, has reduced crude shipments following...
Former Mercedes plant near Moscow to resume production...
Car assembly at a former Mercedes-Benz factory near Moscow will start next year,...
Bitcoin makes sudden sharp fall
The price of Bitcoin saw a significant drop on Thursday, briefly dipping below $26,000...
Chinese real estate giant files for US bankruptcy protection
China Evergrande Group has filed for bankruptcy in the US in an effort to restructure...
Russian investors sue EU clearing house
Asset holders in Russia have launched a class action lawsuit against Clearstream...
Premium alcohol maker step closer to leaving Russia – Kommersant
French spirits group Pernod Ricard is getting ready to close its headquarters in...
Russia overtakes US to become Brazil’s top fuel supplier...
Moscow continues to ramp up exports of petroleum products, according to tracking...
Ruble surges after interest rate hike
The Russian currency has strengthened after hitting a 16-month low against the US...
Russia won’t tighten capital controls for now – Vedomosti
The Russian government has reportedly reached an informal deal with exporters on...
German government issues new gas price warning – Bloomberg
Berlin expects energy prices to remain high until at least 2027, Bloomberg reports,...
Vietnamese EV worth more than Ford and GM
The valuation of Vietnamese electric carmaker VinFast shot past $85 billion during...
Biggest UK weapons maker inks $5.6 billion purchase
British defense contractor BAE Systems has struck a deal to acquire Ball Corporation’s...
Germany’s skilled labor shortage worsens
German companies are increasingly short of qualified workers, according to the latest...
