Economy & Business

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Volkswagen completes Russia exit

Volkswagen completes Russia exit

Europe’s largest automaker has finalized the sale of its Kaluga production plant...

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UK in ‘geriatric decline’ – financier

UK in ‘geriatric decline’ – financier

Post-Brexit Britain risks becoming poorer than Poland, renowned financier Guy Hands...

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Russia standardizes ‘halal’ products

Russia standardizes ‘halal’ products

Moscow is planning to boost the share of halal products domestically and ramp up...

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UK identifies new inflation source

UK identifies new inflation source

Rising food prices will soon overtake energy costs as the main force fueling inflation...

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Billionaires battle for Russian tech giant – Bloomberg

Billionaires battle for Russian tech giant – Bloomberg

Russian tycoons Vladimir Potanin and Vagit Alekperov reportedly offered $7 billion...

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Ukraine issues criteria for Russian ammonia transit – Reuters

Ukraine issues criteria for Russian ammonia transit – Reuters

Kiev may allow the transit of Russian ammonia through its territory if Ukraine is...

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Russian fuel oil exports to China to hit record high – Bloomberg

Russian fuel oil exports to China to hit record high –...

Exports of Russian fuel oil to China are on track for a record high in May as smaller...

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UK’s business with sanctioned country booming

UK’s business with sanctioned country booming

Total trade between Britain and Iran rose by 72% last year compared to 2021, official...

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G7 stops short of full ban on exports to Russia – Bloomberg

G7 stops short of full ban on exports to Russia – Bloomberg

Western countries have reportedly opted to avoid a near-total ban on exports to...

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EU country’s inflation shows no sign of slowing

EU country’s inflation shows no sign of slowing

Soaring inflation has exacerbated the cost-of-living crisis in Austria Read Full...

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Eurozone inflation accelerates

Eurozone inflation accelerates

Eurozone countries are continuing to struggle with soaring prices as the cost-of-living...

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British PM hails ‘cheap beer’ Brexit benefit

British PM hails ‘cheap beer’ Brexit benefit

UK Prime Minister Rishi Sunak has dismissed claims that Britain’s exit from the...

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China receives first yuan-settled LNG cargo   

China receives first yuan-settled LNG cargo  

China has unloaded its first LNG cargo settled in yuan, as the country seeks to...

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Germany could slip into recession – study   

Germany could slip into recession – study  

Investor confidence in Germany has been waning for three straight months amid weak...

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China grants new status to leading Russian port

China grants new status to leading Russian port

A new route via the port of Vladivostok will save time and costs for the shipment...

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Russia remains reliable global food supplier despite sanctions – Putin

Russia remains reliable global food supplier despite sanctions...

Russia’s agricultural exports rose to $41.6 billion last year despite Western trade...