Economy & Business

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Decision on Russian oil price cap revealed by media

Decision on Russian oil price cap revealed by media

The price cap on Russian crude oil will remain unchanged at $60 a barrel, a G7 official...

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Hedge funds making billions from Ukraine turmoil – study

Hedge funds making billions from Ukraine turmoil – study

Ten hedge funds made nearly $2 billion on the spike in food prices following outbreak...

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Western firms in no rush to leave Russia – Ukrainian data

Western firms in no rush to leave Russia – Ukrainian data

Some 200 foreign brands have exited the Russian market, representing fewer than...

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Singapore urges secrecy over origins of wealth flows — FT

Singapore urges secrecy over origins of wealth flows —...

Singapore’s regulator asks banks to keep quiet on the origins of wealth flows amid...

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IKEA replacement opens first store in Russia

IKEA replacement opens first store in Russia

The first store of Belarusian furniture maker Swed House, which sells home goods...

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China angry with US over Russia-linked sanctions

China angry with US over Russia-linked sanctions

China protested the latest US sanctions against another five domestic firms over...

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Russia to boost coal exports to China

Russia to boost coal exports to China

Russia’s largest coal exporter SUEK plans to triple sales to China in 2023, CEO...

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French energy giant reveals strike-related losses

French energy giant reveals strike-related losses

Nationwide protests over pension reform in France took a toll on the country’s power...

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Europe's largest nuclear reactor launches 14 years behind schedule

Europe's largest nuclear reactor launches 14 years behind...

Finland’s Olkiluoto 3 nuclear reactor began regular electricity production early...

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Indian businesses to boost investment in Russia – official

Indian businesses to boost investment in Russia – official

Economic cooperation between Moscow and New Delhi keeps rising, with more investment...

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IEA issues warning over OPEC+ cuts

IEA issues warning over OPEC+ cuts

Latest cuts in OPEC+ oil output will exacerbate oil-supply deficit and threaten...

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Eating out in America getting more expensive – data

Eating out in America getting more expensive – data

US restaurant prices surged by nearly 9% year-on-year, outpacing grocery inflation,...

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Crypto funding drying up – Bloomberg

Crypto funding drying up – Bloomberg

Investors are pulling back on funding crypto startups following the implosions of...

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IKEA stand-in opens first store in Russia

IKEA stand-in opens first store in Russia

The first store of Belarusian furniture maker Swed House, which sells home goods...

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Beijing slams fresh US sanctions on businesses dealing with Russia

Beijing slams fresh US sanctions on businesses dealing...

China protested the latest US sanctions against another five domestic firms over...

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Finland sues global major over Russian turbines

Finland sues global major over Russian turbines

Finnish state-owned utility Fortum launches arbitration procedure against Danish...