Economy & Business

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Germany greenlights Chinese stake in Hamburg Port

Germany greenlights Chinese stake in Hamburg Port

Berlin has approved a deal that sees Chinese state-owned company COSCO acquire a...

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French car giant faces $110 million lawsuit in Russia

French car giant faces $110 million lawsuit in Russia

The Russian Automobile Dealers Association is threatening to sue Renault, seeking...

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Germany to impose energy rationing as part of green agenda – media

Germany to impose energy rationing as part of green agenda...

Electricity rationing may be enforced in Germany next year as part of the energy...

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Russian tycoon wants his superyacht back

Russian tycoon wants his superyacht back

Russian businessman is suing Britain’s transport department over the seizure of...

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US begins passing confiscated Russian money on to Ukraine

US begins passing confiscated Russian money on to Ukraine

Businessman Malofeyev is initial victim as Washington begins first-ever transfer...

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Türkiye defers payment for Russian gas – Reuters

Türkiye defers payment for Russian gas – Reuters

Ankara could delay up to $4 billion in energy payments to Moscow until 2024 under...

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Iran’s trade with BRICS countries jumps

Iran’s trade with BRICS countries jumps

Non-oil trade between Iran and BRICS nations increased by 14% during the last fiscal...

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Russia reveals larger-than-expected budget deficit

Russia reveals larger-than-expected budget deficit

Moscow’s budget deficit surged to $45 billion, but is expected to shift to a surplus...

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Moscow and Beijing reducing dollar use in trade – Reuters

Moscow and Beijing reducing dollar use in trade – Reuters

Nearly all of China’s purchases of Russian oil, coal and metals are now settled...

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Default would be ‘catastrophe’ for US – Treasury

Default would be ‘catastrophe’ for US – Treasury

Janet Yellen has warned that the nation’s looming debt default threatens its global...

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France vows to pursue biggest tax cheats

France vows to pursue biggest tax cheats

France has pledged to boost its tax take with more anti-fraud measures and tougher...

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EU begins collective gas buying

EU begins collective gas buying

Brussels has launched the first international tender for the collective purchase...

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Russian oil shipments surge despite production cut – Bloomberg

Russian oil shipments surge despite production cut – Bloomberg

Flows of Russian crude to Asia have continued to grow in the light of a fewer supplies...

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Ukrainian crop exports plunge ahead of grain deal talks – Bloomberg   

Ukrainian crop exports plunge ahead of grain deal talks...

Ukrainian grain exports via the Black Sea reportedly slumped by a quarter in April...

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Russia ramps up fuel supply to Latin America – Reuters

Russia ramps up fuel supply to Latin America – Reuters

Moscow is redirecting supplies of oil and petrochemicals to new markets amid Western...

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Russia-China trade booming – data

Russia-China trade booming – data

Economic cooperation between Moscow and Beijing has remained strong despite Western...