Economy & Business

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IEA trims oil demand outlook

IEA trims oil demand outlook

The IEA has cut its oil demand growth forecast by 220,000 bpd for the first time...

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Türkiye leapfrogs Russia's top ally in key import table

Türkiye leapfrogs Russia's top ally in key import table

Türkiye overtook Belarus to become Russia’s second-largest supplier of goods in...

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US budget deficit nearly triples – Treasury

US budget deficit nearly triples – Treasury

The US budget deficit has ballooned due to a sharp increase in government spending...

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Corporate bankruptcies soar in Japan

Corporate bankruptcies soar in Japan

The number of corporate failures in Japan jumped to a five-year high in the first...

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Russia becomes top market for Chinese cars – Bloomberg

Russia becomes top market for Chinese cars – Bloomberg

Russia has overtaken Mexico as the top market for Chinese cars, receiving nearly...

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France counts economic cost of violent riots

France counts economic cost of violent riots

French insurance body says cost of nationwide riots has exceeded $700 million, with...

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Russia sees big drop in foreign currency inflows

Russia sees big drop in foreign currency inflows

Russia’s central bank has attributed a slump in its current account surplus to a...

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EU could loosen Russia sanctions – Reuters

EU could loosen Russia sanctions – Reuters

The EU is reportedly looking to reconnect a subsidiary of Russia’s Rosselkhozbank...

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UN chief proposes deal to Putin – Reuters

UN chief proposes deal to Putin – Reuters

UN Secretary-General suggested to President Putin that Moscow extend the grain deal...

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Russia outlines rules for digital ruble

Russia outlines rules for digital ruble

The Russian central bank has published draft rules for the digital ruble as it reportedly...

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World ‘far off track’ on hunger targets, UN warns

World ‘far off track’ on hunger targets, UN warns

The UN has warned that hundreds of millions of people will remain undernourished...

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Russia set to bolster industrial ties with China – PM

Russia set to bolster industrial ties with China – PM

Russia is determined to strengthen industrial cooperation with China, Prime Minister...

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Russia seeks to expand de-dollarization drive

Russia seeks to expand de-dollarization drive

Moscow plans to propose a switch to national currencies in trade with the ASEAN...

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Mortgage rates in UK hit 15-year high

Mortgage rates in UK hit 15-year high

A key mortgage rate in the UK has surged to its highest level in fifteen years to...

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Top Russian lender clocks up record profits amid Western sanctions

Top Russian lender clocks up record profits amid Western...

Sber’s net income in January-June topped $8 billion, the Russian lender said in...

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Flight numbers are taking off for Russia's top airline

Flight numbers are taking off for Russia's top airline

Aeroflot has seen the sum total of its flights increase this summer, despite sanctions...