Economy & Business

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EU reliant on rebadged Russian oil from India - Bloomberg

EU reliant on rebadged Russian oil from India - Bloomberg

India has reportedly become the top fuel supplier to the EU by refining and redirecting...

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First Republic bank seized by US regulators

First Republic bank seized by US regulators

First Republic Bank has been taken over by regulators and will be acquired by JPMorgan...

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Russia sees crypto as ‘necessary evil’

Russia sees crypto as ‘necessary evil’

Investing in cryptocurrencies is dangerous, but they may be useful, Russia’s deputy...

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Germany mulls ban on chip-making materials to China – Bloomberg

Germany mulls ban on chip-making materials to China – Bloomberg

Berlin is reportedly considering limits on semiconductor chemical exports to China...

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EU’s largest economy can’t do without China – leading carmaker

EU’s largest economy can’t do without China – leading carmaker

Decoupling from China is “unthinkable” for German industry, the CEO of Mercedes-Benz...

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US regulators set deadline for failing bank bids – media

US regulators set deadline for failing bank bids – media

American banks have been given until noon on Sunday to submit bids for First Republic...

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Bank of Russia raises economic forecast

Bank of Russia raises economic forecast

Russia’s central bank expects the economy to grow by up to 2% this year as the impact...

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Fitch downgrades France’s credit rating

Fitch downgrades France’s credit rating

Rating agency Fitch has downgraded France’s sovereign credit rating, warning that...

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Russian gold production soars

Russian gold production soars

Gold output in Russia has risen significantly along with the country’s bullion reserves,...

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Cyprus offers EU alternative to Russian gas

Cyprus offers EU alternative to Russian gas

Europe can use Eastern Mediterranean energy resources to partly compensate for Russian...

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Ukraine condemns EU and Poland over trade restrictions

Ukraine condemns EU and Poland over trade restrictions

The Ukrainian authorities have sent notes of protest to the Polish and EU embassies,...

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IMF cites weakness in Western sanctions on Russia

IMF cites weakness in Western sanctions on Russia

Russia’s economy has proven to be more resilient than expected, according to the...

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EU country urges check of Ukrainian food exports for market violations

EU country urges check of Ukrainian food exports for market...

Poland has requested a probe to verify that Ukrainian poultry, eggs, and dairy meet...

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EU mulls export curbs for countries trading with Russia – FT

EU mulls export curbs for countries trading with Russia...

Brussels may ban certain EU exports to countries that are believed to be re-exporting...

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EU reaches deal on Ukrainian food imports

EU reaches deal on Ukrainian food imports

Brussels has struck an agreement with five member-states to clear the supply glut...

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US scrambling to rescue failing bank – Reuters

US scrambling to rescue failing bank – Reuters

US regulators are trying to save First Republic Bank following a massive deposit...