Economy & Business

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German insurers renew Nord Stream coverage – Reuters

German insurers renew Nord Stream coverage – Reuters

Two major German firms renewed insurance policies for the damaged Russian gas pipeline,...

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Richard Branson’s rocket firm files for bankruptcy

Richard Branson’s rocket firm files for bankruptcy

Satellite launch company Virgin Orbit has filed for bankruptcy protection after...

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Sweden’s housing crisis deepens – Bloomberg

Sweden’s housing crisis deepens – Bloomberg

The Swedish property market continues to plunge as inflation and soaring borrowing...

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Germany to boost oil imports through Russia

Germany to boost oil imports through Russia

Kazakhstan plans to increase the supply of oil to Germany via Russia’s Druzhba pipeline,...

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Major trader to stop exporting Russian grain – media

Major trader to stop exporting Russian grain – media

Merchant firm Louis Dreyfus will stop shipping Russian grain in the new crop year,...

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More countries may join oil production cut – Moscow

More countries may join oil production cut – Moscow

Leading oil-producing countries may join the OPEC+ voluntary oil output cut, Deputy...

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Ruble hits 11-month low against dollar

Ruble hits 11-month low against dollar

The Russian ruble dropped to its lowest exchange rate since last April against the...

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Swiss bankers face mass layoffs – media

Swiss bankers face mass layoffs – media

Switzerland’s banking giant UBS could slash up to 30% of its personnel, following...

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G7 member buying Russian oil above Western price cap – WSJ

G7 member buying Russian oil above Western price cap –...

Japan has received an exception from the US to buy Russian crude above the G7-fixed...

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More countries may join oil production cut – official

More countries may join oil production cut – official

Leading oil-producing countries may join the OPEC+ voluntary oil output cut, Deputy...

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Ruble falls to nearly one-year low vs dollar

Ruble falls to nearly one-year low vs dollar

The Russian ruble dropped to its lowest exchange rate since last April against the...

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EU state boosts fuel imports from Russia – media

EU state boosts fuel imports from Russia – media

Poland increased imports of Russian LPG last year despite efforts to diversify supplies,...

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McDonald’s prepares to cut staff – WSJ

McDonald’s prepares to cut staff – WSJ

McDonald’s has temporarily closed its US offices as the company prepares to notify...

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Swiss banking giant plans mass layoffs after Credit Suisse takeover – media

Swiss banking giant plans mass layoffs after Credit Suisse...

Switzerland’s banking giant UBS could slash up to 30% of its personnel, following...

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Another major Finnish firm exits Russia

Another major Finnish firm exits Russia

Finnish forestry industrial holding UPM has sold its Russia operations, the company...

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Emirati airlines resume accepting Russian cards – media

Emirati airlines resume accepting Russian cards – media

Air Arabia, Fly Dubai and Emirates reportedly resumed accepting Russian cards via...