Economy & Business

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US avoids debt default

US avoids debt default

The US Senate has voted to approve a bipartisan deal that will raise the country’s...

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Price of elite suburban real estate falls sharply in Moscow – study

Price of elite suburban real estate falls sharply in Moscow...

Luxury homes in the countryside near the Russian capital have become more affordable,...

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Russian drinks companies prepare for expansion to India

Russian drinks companies prepare for expansion to India

Popular Caucasus mineral water brands Yessentuki and Narzan are currently undergoing...

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Russian oil giant’s profits soar amid sanctions

Russian oil giant’s profits soar amid sanctions

Rosneft has reported a significant increase in net income on the back of growing...

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Russia still exports more gas to the EU than the UK – GIE

Russia still exports more gas to the EU than the UK – GIE

The share of Russian gas has dropped to 7.2% this year, as the EU ramped up imports...

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US candy giant gets in sticky situation over Ukraine conflict – media

US candy giant gets in sticky situation over Ukraine conflict...

A Russian activist has called for US confectionery producer Mars to be investigated...

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Argentina to join BRICS bank – media

Argentina to join BRICS bank – media

The NDB was established in 2014 to provide funding for infrastructure projects in...

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Elon Musk reclaims title of world’s richest person – Bloomberg

Elon Musk reclaims title of world’s richest person – Bloomberg

Tesla shares have surged more than 60% this year, boosting CEO Elon Musk’s wealth,...

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Eurozone business confidence plummets – data

Eurozone business confidence plummets – data

The indicator that measures business confidence in the euro area fell to its lowest...

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UK shop prices soar – data

UK shop prices soar – data

Annual inflation in UK shops surged to its highest level in at least 18 years in...

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Russia becomes India’s top fertilizer supplier – official

Russia becomes India’s top fertilizer supplier – official

Russian fertilizer shipments to India have outpaced those from rivals China and...

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Russian industrial production increases

Russian industrial production increases

Manufacturing emerged as the major driver of Russia’s industrial output in April,...

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US banks report biggest capital outflow in 40 years

US banks report biggest capital outflow in 40 years

Concerns about the US banking system’s health are growing after the latest report...

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US and UK poised to slide into recession – Moody’s

US and UK poised to slide into recession – Moody’s

Higher borrowing costs and tighter lending will slow global growth sharply this...

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Elizabeth Holmes begins prison term

Elizabeth Holmes begins prison term

Theranos founder Elizabeth Holmes started serving her 11-year prison sentence on...

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Russia could switch from Brent to Dubai oil pricing – Kommersant

Russia could switch from Brent to Dubai oil pricing – Kommersant

Rosneft has proposed pegging the Russian Urals crude price to the Asia-focused Dubai...