Economy & Business

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Sanctions blocking exports of electronics to Russia – Kommersant

Sanctions blocking exports of electronics to Russia – Kommersant

Several banks have rejected payments from Russian importers for deliveries of electronic...

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Tech giant bypasses sanctions to supply Russian market – Kommersant

Tech giant bypasses sanctions to supply Russian market...

LG is adapting TV sets for Russia at its plant in Poland and is sending them to...

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Indian firm bets big on Russian factory

Indian firm bets big on Russian factory

Indian paint and glue producer UFlex will build a plant in Moscow Region, an official...

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EU running out of money – Handelsblatt

EU running out of money – Handelsblatt

The European Union’s tight budget has been under pressure lately as challenges mount,...

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Eurozone economy slowing down – ECB

Eurozone economy slowing down – ECB

The European Central Bank has signaled further policy rate hikes in order to combat...

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The US dollar was ‘used to attack Russia’ – minister

The US dollar was ‘used to attack Russia’ – minister

Moscow has been forced to find alternatives to the US currency in trade due to sanctions,...

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EU extends Ukrainian grain ban – minister

EU extends Ukrainian grain ban – minister

Poland has received a draft regulation from the EU extending a ban on imports of...

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Russian seaborne diesel exports dive

Russian seaborne diesel exports dive

Shipments of diesel and gasoil fell 21% in May and totaled 3.1 million tons, ship...

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Russia’s unemployment at all-time low – official

Russia’s unemployment at all-time low – official

The jobless rate in Russia plunged to a historical low of 3.3% in April, according...

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Russia planning major high-speed rail expansion

Russia planning major high-speed rail expansion

Several new high-speed railway lines are expected to ease travel, according to Russian...

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Dubai revives abandoned mega-project

Dubai revives abandoned mega-project

UAE’s booming real estate market will see a new futuristic property twice the size...

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Türkiye to hike transit fee through strategic waterways

Türkiye to hike transit fee through strategic waterways

Ankara has raised the cost of ship transit through the Bosphorus and Dardanelles...

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Russian carmaker to start production at former Nissan plant

Russian carmaker to start production at former Nissan plant

AvtoVAZ is planning to start assembly of Lada vehicles at the former Nissan plant...

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Indian imports of Russian oil hit a new record in May

Indian imports of Russian oil hit a new record in May

Russia continues to be India’s top oil supplier, ship-tracking data shows Read Full...

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Saudi pledge pushes oil prices higher

Saudi pledge pushes oil prices higher

Saudi Arabia has announced a major production cut to stabilize the oil market Read...

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Wave of defaults looming – Deutsche Bank

Wave of defaults looming – Deutsche Bank

Global recession risks are on the rise as companies in the US and EU will continue...