Economy & Business
EU reliant on rebadged Russian oil from India - Bloomberg
India has reportedly become the top fuel supplier to the EU by refining and redirecting...
First Republic bank seized by US regulators
First Republic Bank has been taken over by regulators and will be acquired by JPMorgan...
Russia sees crypto as ‘necessary evil’
Investing in cryptocurrencies is dangerous, but they may be useful, Russia’s deputy...
Germany mulls ban on chip-making materials to China – Bloomberg
Berlin is reportedly considering limits on semiconductor chemical exports to China...
EU’s largest economy can’t do without China – leading carmaker
Decoupling from China is “unthinkable” for German industry, the CEO of Mercedes-Benz...
US regulators set deadline for failing bank bids – media
American banks have been given until noon on Sunday to submit bids for First Republic...
Bank of Russia raises economic forecast
Russia’s central bank expects the economy to grow by up to 2% this year as the impact...
Fitch downgrades France’s credit rating
Rating agency Fitch has downgraded France’s sovereign credit rating, warning that...
Russian gold production soars
Gold output in Russia has risen significantly along with the country’s bullion reserves,...
Cyprus offers EU alternative to Russian gas
Europe can use Eastern Mediterranean energy resources to partly compensate for Russian...
Ukraine condemns EU and Poland over trade restrictions
The Ukrainian authorities have sent notes of protest to the Polish and EU embassies,...
IMF cites weakness in Western sanctions on Russia
Russia’s economy has proven to be more resilient than expected, according to the...
EU country urges check of Ukrainian food exports for market...
Poland has requested a probe to verify that Ukrainian poultry, eggs, and dairy meet...
EU mulls export curbs for countries trading with Russia...
Brussels may ban certain EU exports to countries that are believed to be re-exporting...
EU reaches deal on Ukrainian food imports
Brussels has struck an agreement with five member-states to clear the supply glut...
US scrambling to rescue failing bank – Reuters
US regulators are trying to save First Republic Bank following a massive deposit...