Economy & Business

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Turkish quake damage costs rising

Turkish quake damage costs rising

The cost of the earthquakes that hit Türkiye in February will exceed $100 billion,...

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Saudi Arabia hikes oil prices for Europe and Asia

Saudi Arabia hikes oil prices for Europe and Asia

European and Asian customers will have to pay more for imports of Saudi crude, Aramco...

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EU creating gas-buying cartel – Bloomberg

EU creating gas-buying cartel – Bloomberg

European Commission Vice President reportedly said bloc will launch its first tender...

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Zuckerberg’s tech giant to sack thousands more people – Bloomberg

Zuckerberg’s tech giant to sack thousands more people –...

Facebook parent company Meta Platforms is reportedly planning another round of layoffs...

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Swiss inflation soars – data

Swiss inflation soars – data

Inflation in Switzerland is being driven by rising airfares, rents and energy prices,...

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India poised to ditch dollar in trade with neighbor

India poised to ditch dollar in trade with neighbor

India and Sri Lanka are considering using the Indian rupee for transactions to boost...

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Poland to sue Russia over oil supplies

Poland to sue Russia over oil supplies

Warsaw says it will demand reimbursement after Russia halted oil deliveries via...

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Iconic chocolate bars to lose classic logo

Iconic chocolate bars to lose classic logo

Chocolate brand Toblerone is set to change the image on its logo, depicting one...

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Poland to sue Russia over ‘Friendship’

Poland to sue Russia over ‘Friendship’

Warsaw says it will demand reimbursement after Russia halted oil deliveries via...

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Yuan squeezing out dollar on Russian market – Kommersant

Yuan squeezing out dollar on Russian market – Kommersant

The Chinese yuan has become the most traded currency on the Moscow Stock Exchange,...

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Russia and Cuba working to counter US sanctions – ambassador

Russia and Cuba working to counter US sanctions – ambassador

Moscow has been strengthening economic ties with Havana amid Western sanctions,...

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Russia’s rich get richer – Bloomberg

Russia’s rich get richer – Bloomberg

Russia’s richest have increased their net worth since the start of 2023 despite...

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Chinese cars filling void left by Western brands in Russia – Bloomberg

Chinese cars filling void left by Western brands in Russia...

Chinese car brands see surging sales in Russia after Western majors left the country...

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Thousands of UK pubs could go bust – industry body

Thousands of UK pubs could go bust – industry body

A British industry body has warned that 2,000 pubs in the country face closure due...

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Indian imports of Russian oil hit record high – media

Indian imports of Russian oil hit record high – media

Russian crude exports to India surpassed those from Iraq and Saudi Arabia combined...

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Germans warned of power cuts

Germans warned of power cuts

Germany may face an electricity shortage of four gigawatts – the capacity of four...