Economy & Business

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German industrial giant sells Russian business – official

German industrial giant sells Russian business – official

Henkel has sold its Russian assets for over $650 million, the company has announced...

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EU nation pledges to transfer seized Russian assets to Ukraine

EU nation pledges to transfer seized Russian assets to...

Belgium has vowed to send part of frozen Russian funds to Ukraine Read Full Article...

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Ukraine labels EU bank ‘sponsor of war’

Ukraine labels EU bank ‘sponsor of war’

Ukraine’s anti-corruption agency has designated Hungarian OTP Bank a “sponsor of...

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Putin compares Russian and Western debt

Putin compares Russian and Western debt

Russia is in much better shape than other states when it comes to the level of state...

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Billionaire buys Epstein’s islands

Billionaire buys Epstein’s islands

Investor Stephen Deckoff bought two Caribbean islands that belonged to convicted...

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Air France seeks ‘level playing field’ with Chinese rivals – Bloomberg

Air France seeks ‘level playing field’ with Chinese rivals...

The leading French air carrier has reportedly demanded government action to deal...

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German consumers spending less

German consumers spending less

Annual food sales have plunged by over 10% in Germany in the largest decline since...

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US banking crisis not over – analyst

US banking crisis not over – analyst

More challenges lie ahead for the US financial sector despite a government rescue...

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Russia committed to major oil production cuts – Novak

Russia committed to major oil production cuts – Novak

Russia is reducing crude output by 500,000 barrels per day, according to Deputy...

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Adidas mulls selling Russian business – Kommersant 

Adidas mulls selling Russian business – Kommersant 

German sportswear giant Adidas could reportedly transfer Russia-based outlets and...

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EU faces winter gas price surge – Bloomberg

EU faces winter gas price surge – Bloomberg

Prices for natural gas in the EU could more than double ahead of next winter, Goldman...

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Russian oil shipments up despite production cut – Bloomberg

Russian oil shipments up despite production cut – Bloomberg

Russian seaborne oil flows have been on the rise since Moscow reoriented supplies...

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Key US ally reduces role of dollar in trade

Key US ally reduces role of dollar in trade

Seoul and Jakarta have agreed to use national currencies in trade instead of the...

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Russia to resume yuan purchases – Bloomberg

Russia to resume yuan purchases – Bloomberg

Accumulating foreign exchange reserves would be “highly symbolic” for Moscow as...

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Russian bank could be restored to SWIFT – Türkiye

Russian bank could be restored to SWIFT – Türkiye

Talks on fulfilling Moscow's terms regarding the Black Sea grain agreement are continuing,...

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South American nations seek to avoid dollar

South American nations seek to avoid dollar

Argentina and Brazil will continue to work on a plan allowing them to avoid using...