Economy & Business

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Tech giant bans remote work from abroad

Tech giant bans remote work from abroad

Russian IT major VK has reportedly warned employees based outside the country they...

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Russia’s oil output hits pre-sanctions high – Kommersant

Russia’s oil output hits pre-sanctions high – Kommersant

Russian drillers have been ramping up crude production despite Western sanctions,...

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US ready ‘to do more pain’ to China’s Huawei – WSJ

US ready ‘to do more pain’ to China’s Huawei – WSJ

The United States aims to revoke existing export licenses to Chinese technology...

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Russia finds answer to IKEA exit – media

Russia finds answer to IKEA exit – media

Belarusian firm Swed House, which makes IKEA replicas, will reportedly open ten...

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Indian spirits to replace Western liquor brands in Russia – Kommersant

Indian spirits to replace Western liquor brands in Russia...

India’s ABD is set to enter the Russian market with its whisky brands, Kommersant...

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US markets in 'death zone' – Morgan Stanley

US markets in 'death zone' – Morgan Stanley

US stocks have soared to unsustainable highs and could crash 26% within months,...

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Court orders Siemens to deliver trains to Russia

Court orders Siemens to deliver trains to Russia

A Moscow court has ordered Siemens Mobility to fulfill its contractual obligations...

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China poses threat to EU gas market – IEA

China poses threat to EU gas market – IEA

Increasing Chinese demand for natural gas may trigger higher prices for the commodity...

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Food costs in Britain jump 17%

Food costs in Britain jump 17%

UK grocery prices have risen at the highest rate on record in February, according...

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China boosts Russian coal imports – data

China boosts Russian coal imports – data

Russian coal exports to China have more than tripled this year, according to the...

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German debt skyrockets

German debt skyrockets

Interest payments for German government debt have jumped tenfold since 2021, says...

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Inflation in France and Spain accelerates

Inflation in France and Spain accelerates

Higher prices across the EU may lead to further interest rate hikes by the European...

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Costs from Türkiye’s massive quake rising

Costs from Türkiye’s massive quake rising

Financial losses arising from the earthquakes in Türkiye have exceeded $34 billion,...

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Elon Musk reclaims title of world’s richest person

Elon Musk reclaims title of world’s richest person

This year’s rally in the stock price of Tesla has buoyed Elon Musk’s fortune Read...

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White House admits Russia has survived Western sanctions

White House admits Russia has survived Western sanctions

The White House has acknowledged that Russia’s economy is showing resilience to...

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UK and EU strike post-Brexit deal

UK and EU strike post-Brexit deal

London and Brussels have reached an agreement on the Northern Ireland Protocol to...