Economy & Business

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More countries join Russia’s SWIFT alternative – Central Bank

More countries join Russia’s SWIFT alternative – Central...

The number of participants in the Russian SPFS interbank messaging system has grown,...

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Russians shift to used cars as prices on new models soar

Russians shift to used cars as prices on new models soar

Spending on new cars in Russia halved last year due to soaring prices following...

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India’s imports from Russia soar 400% – media

India’s imports from Russia soar 400% – media

India's imports from Russia have surged 400% so far this fiscal year, fuelled by...

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French inflation edges higher

French inflation edges higher

France’s inflation rate has risen further amid soaring food and energy costs, national...

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IKEA parent company to offload all Russian property – media

IKEA parent company to offload all Russian property – media

Ingka Group, which owns IKEA stores and Mega shopping centers, plans to sell all...

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US credit card debt hits historic high

US credit card debt hits historic high

US credit card balances fell just short of $1 trillion in Q4 2022 amid soaring inflation,...

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Spain considers drastic move to rein in food prices

Spain considers drastic move to rein in food prices

The Spanish social affairs minister has proposed providing discounts on basic goods,...

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Natural gas will be key global resource for years to come – Putin

Natural gas will be key global resource for years to come...

Russian President Vladimir Putin has highlighted the importance of natural gas resources...

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Western sanctions helped Russia find new oil markets – IEA

Western sanctions helped Russia find new oil markets –...

Oil exports from Russia have soared to an all-time high in January despite a Western...

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EU gas stocks shrink – data

EU gas stocks shrink – data

EU gas inventories dropped below 65% capacity in mid-February and are projected...

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British energy producer announces mammoth profits

British energy producer announces mammoth profits

Centrica has confirmed record-breaking revenues amid the worsening cost-of-living...

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EU and UK demand for LNG skyrockets – Shell

EU and UK demand for LNG skyrockets – Shell

European demand for liquefied natural gas soared last year and is expected to dominate...

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Russian nuclear power exports booming

Russian nuclear power exports booming

Moscow’s nuclear fuel and technology exports surged 20% last year with the US and...

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Tesla recalls over 360,000 cars over self-driving threat

Tesla recalls over 360,000 cars over self-driving threat

Electric car maker Tesla is recalling 362,758 vehicles due to potentially fatal...

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Cost of Türkiye quake damage estimated

Cost of Türkiye quake damage estimated

Direct costs from the recent earthquakes could amount to 2.5% of Türkiye’s GDP,...

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Hungary will reject sanctions on Russian nuclear industry – FM

Hungary will reject sanctions on Russian nuclear industry...

Hungary will do everything to exclude Russian oil and nuclear industries from Western...