Economy & Business
Saudi foreign reserves plunge to lowest in 13 years – data
Saudi Arabia’s net foreign assets dropped last month to the lowest level since 2010,...
BRICS could smash dollar dominance – Jim O’Neill
The US currency will eventually lose its reserve status, primarily due to a de-dollarization...
West’s oil war against Russia losing momentum – think tank
Moscow’s crude export revenues rebounded in March and April despite Western sanctions,...
UK mulling ways to curb food prices – CNBC
The British government is talking to grocers about ways to contain food inflation,...
European gas prices could fall below zero – traders
Natural gas prices in Europe have seen downward pressure driven by weak demand and...
EU to break ranks with US on Russia and China trade – Bloomberg
The EU does not intend to accuse Moscow and Beijing of "economic coercion" in its...
EU country to ban entry to Russian trucks
Poland will forbid freight vehicles registered in Russia and Belarus to cross into...
US software giant offers free licenses to Russians
Adobe is reportedly extending licenses for users in Russia for free due to being...
Musk’s Tesla becomes world’s best-selling car
The Tesla Model Y has become the first ever all-electric vehicle to top global car...
Saudi Arabia calls Russia out over oil output – WSJ
Saudi officials reportedly said that Russian oil producers don’t comply with agreed...
Bangladesh open to buying more Russian oil
Bangladesh will purchase oil from anywhere that offers an affordable price, the...
American teens benefiting from labor shortages – AP
Restaurants, retailers and amusement parks saw hourly pay jump 5% ahead of the summer...
Sanctions on Russian diamonds put a million jobs at risk...
Potential G7 sanctions on Russia's diamond trade threaten India's diamond hub of...
Dollar will retain dominance ‘for decades’ – Moody’s
Moody’s expects the US currency to maintain its dominance in the global economy...
UnionPay overtakes Visa in global debit card transactions...
Chinese payment system UnionPay saw its share of global debit card transactions...
US contact lens maker to suspend Russia supplies
Pharma giant Johnson & Johnson plans to suspend deliveries of contact lenses to...
