Economy & Business

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India to push for hike of windfall tax on multinationals – Reuters

India to push for hike of windfall tax on multinationals...

New Delhi may demand a higher share of taxes from global firms under the 2021 corporate...

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Russia to overtake Saudi Arabia as top oil producer – IEA

Russia to overtake Saudi Arabia as top oil producer – IEA

Riyadh’s crude output should slip below Moscow’s in the OPEC+ following its voluntary...

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Millions of jobs at risk from AI ‘revolution’ – study

Millions of jobs at risk from AI ‘revolution’ – study

AI could substitute 27% of jobs in the 38-member Organization for Economic Co-operation...

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EU is warned against sanctioning Russian aluminum giant – Reuters

EU is warned against sanctioning Russian aluminum giant...

Trade body European Aluminium would support restrictions on Russian aluminum, but...

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Italian businesses want to switch to rubles in Russia trade

Italian businesses want to switch to rubles in Russia trade

Russia and Italy could start using rubles in trade settlements within months, the...

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UK inks deal to join ‘anti-China’ trade bloc

UK inks deal to join ‘anti-China’ trade bloc

The UK has formally signed a treaty to join major Indo-Pacific trading bloc the...

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Five EU states want Ukraine grain ban extended – official

Five EU states want Ukraine grain ban extended – official

EU countries bordering Ukraine call for an extension of the Ukrainian grain import...

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Italy’s public debt hits historic high

Italy’s public debt hits historic high

Italy’s public debt surpassed $3 trillion in May after soaring for five straight...

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It’s Russia’s fault that Germans can’t afford vacations – Berlin

It’s Russia’s fault that Germans can’t afford vacations...

Moscow’s military operation in Ukraine is the reason behind the economic problems...

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Signs that Russia's cut oil output are showing – Bloomberg

Signs that Russia's cut oil output are showing – Bloomberg

Exports of Russian oil have started to decline from February levels, a sign that...

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Bitcoin price could smash record – Standard Chartered

Bitcoin price could smash record – Standard Chartered

The world’s top cryptocurrency, Bitcoin, could reach a record $120,000 by the end...

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US banking sector on brink of seismic shift – experts

US banking sector on brink of seismic shift – experts

The 2023 banking crisis is far from over, with more US regional lender failures...

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No fertilizer exported from Russia under grain deal – media

No fertilizer exported from Russia under grain deal – media

No vessels carrying Russian fertilizer have left port under the Black Sea grain...

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Global demand for ‘critical minerals’ soaring – IEA

Global demand for ‘critical minerals’ soaring – IEA

The market for critical minerals is experiencing unprecedented demand growth despite...

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Italian business lobby hails wine sales in Russia

Italian business lobby hails wine sales in Russia

Italian wine exports to Russia remain strong thanks to distributor expertise, the...

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Global debt hit record high last year – UN

Global debt hit record high last year – UN

Last year saw global public debt peak at $92 trillion, with developing countries...