Economy & Business

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Oreo manufacturer branded enemy of Ukraine

Oreo manufacturer branded enemy of Ukraine

Ukraine’s anti-corruption agency has designated Mondelez International a “sponsor...

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US clothing giant expanding in Russia – media

US clothing giant expanding in Russia – media

Guess has bought back its 30% share from a Russian partner, Kommersant has reported ...

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India vows to fight against political bias of ranking agencies

India vows to fight against political bias of ranking agencies

New Delhi is planning to push back against agenda-driven country rankings backed...

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Major oil producer fears ‘apocalyptic’ impact of Russia sanctions

Major oil producer fears ‘apocalyptic’ impact of Russia...

Astana has denied the possibility to diversify its seaborne crude oil export routes...

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US debt a pyramid scheme – Russia’s top MP

US debt a pyramid scheme – Russia’s top MP

Duma Chairman Vyacheslav Volodin says the soaring US debt will lead to an economic...

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EU gas consumption to fall sharply – FT

EU gas consumption to fall sharply – FT

EU gas demand is expected to see a drop of nearly 60 billion cubic meters, the EC...

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EU greenlights Russian-built nuclear plant

EU greenlights Russian-built nuclear plant

Russian energy giant Rosatom has been allowed to continue building Hungary’s Paks...

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Eurozone factory activity slows – S&P Global

Eurozone factory activity slows – S&P Global

The euro area’s manufacturing activity has been in sustained decline, according...

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Top banker points to ‘shameful’ imbalance in Russia’s GDP

Top banker points to ‘shameful’ imbalance in Russia’s GDP

Small- and medium-sized businesses account for just 20% of the country’s economy,...

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Putin wants entrepreneurs to look beyond domestic market

Putin wants entrepreneurs to look beyond domestic market

Russian President Vladimir Putin spoke with members of the country’s business community...

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Share of dollar in global reserves lowest in 28 years – IMF

Share of dollar in global reserves lowest in 28 years –...

Global central banks are gradually shifting away from US currency in their forex...

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Goldman Sachs predicts when US will run out of cash

Goldman Sachs predicts when US will run out of cash

The US Treasury will run out of funds by June 9 if no deal on raising the debt limit...

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Russian real estate investment set for new record in 2023

Russian real estate investment set for new record in 2023

The Russian economy has recorded a significant rise in real estate investments despite...

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NATO member state reports growing exports to Russia

NATO member state reports growing exports to Russia

Exports from Estonia to Russia increased in March year-on-year despite Western sanctions,...

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Yandex investors offered options amid company split

Yandex investors offered options amid company split

Shares of Yandex jump as the tech giant offers choice of Russian or foreign assets...

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Yuan gaining foothold in Russia – Sber CEO

Yuan gaining foothold in Russia – Sber CEO

The share of the Chinese currency in Russia’s import and export settlements will...