Economy & Business
US avoids debt default
The US Senate has voted to approve a bipartisan deal that will raise the country’s...
Price of elite suburban real estate falls sharply in Moscow...
Luxury homes in the countryside near the Russian capital have become more affordable,...
Russian drinks companies prepare for expansion to India
Popular Caucasus mineral water brands Yessentuki and Narzan are currently undergoing...
Russian oil giant’s profits soar amid sanctions
Rosneft has reported a significant increase in net income on the back of growing...
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...
US candy giant gets in sticky situation over Ukraine conflict...
A Russian activist has called for US confectionery producer Mars to be investigated...
Argentina to join BRICS bank – media
The NDB was established in 2014 to provide funding for infrastructure projects in...
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,...
Eurozone business confidence plummets – data
The indicator that measures business confidence in the euro area fell to its lowest...
UK shop prices soar – data
Annual inflation in UK shops surged to its highest level in at least 18 years in...
Russia becomes India’s top fertilizer supplier – official
Russian fertilizer shipments to India have outpaced those from rivals China and...
Russian industrial production increases
Manufacturing emerged as the major driver of Russia’s industrial output in April,...
US banks report biggest capital outflow in 40 years
Concerns about the US banking system’s health are growing after the latest report...
US and UK poised to slide into recession – Moody’s
Higher borrowing costs and tighter lending will slow global growth sharply this...
Elizabeth Holmes begins prison term
Theranos founder Elizabeth Holmes started serving her 11-year prison sentence on...
Russia could switch from Brent to Dubai oil pricing – Kommersant
Rosneft has proposed pegging the Russian Urals crude price to the Asia-focused Dubai...