Economy & Business

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Bud Light sales still reeling after trans ad debacle

Bud Light sales still reeling after trans ad debacle

US beer brand Bud Light has continued to suffer declining sales following a campaign...

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EU country slides into recession – data 

EU country slides into recession – data 

The Dutch economy is contracting due to weak consumer spending and low exports,...

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Former BMW plant in Russia launches production of Chinese cars 

Former BMW plant in Russia launches production of Chinese...

The Avtotor plant in Kaliningrad has begun manufacturing Chinese JMC commercial...

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American battery giant will rebrand for Russian market – media

American battery giant will rebrand for Russian market...

Duracell will return to Russia under a new brand in the wake of Western sanctions,...

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Danish brewer ‘shocked’ by Russian move

Danish brewer ‘shocked’ by Russian move

Carlsberg CEO Cees ‘t Hart says the company still hopes to sell its Russian unit...

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Top US banks at risk of rating downgrade – Fitch

Top US banks at risk of rating downgrade – Fitch

Dozens of US banks, including JPMorgan and Bank of America, could see their ratings...

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Germany to bankroll Ukraine's military for years – media

Germany to bankroll Ukraine's military for years – media

The German Finance Ministry has promised to provide €5 billion to Kiev annually...

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Major EU country slides into recession – data 

Major EU country slides into recession – data 

The Dutch economy is contracting due to weak consumer spending and low exports,...

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Russia may bring back capital controls – Bloomberg

Russia may bring back capital controls – Bloomberg

The Russian government and exporters are reportedly discussing partial imposition...

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EU’s largest economy projected to stall 

EU’s largest economy projected to stall 

The German economy will remain in stagnation for the rest of 2023, according to...

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Russian nuclear giant ramps up supplies to ‘friendly’ states

Russian nuclear giant ramps up supplies to ‘friendly’ states

Russian Rosatom says it has been boosting nuclear power-related supply on the global...

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Poland explains why it won’t lift ban on Ukrainian grain

Poland explains why it won’t lift ban on Ukrainian grain

Poland will not lift the import ban on Ukrainian agricultural products, President...

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UK unemployment hits two-year high – data

UK unemployment hits two-year high – data

The number of people without jobs in Britain has risen to 4.2%, the highest unemployment...

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Ruble strengthens as central bank takes action

Ruble strengthens as central bank takes action

The Russian ruble recovered some losses ahead of the central bank’s key interest...

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Russian central bank announces major interest rate hike

Russian central bank announces major interest rate hike

The Bank of Russia has increased its benchmark interest rate in an emergency move...

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Mercedes disconnects Russian customers – Izvestia

Mercedes disconnects Russian customers – Izvestia

German automaker Mercedes-Benz has stopped providing access to its software for...