Economy & Business

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Russia approves sale of IKEA factories – official

Russia approves sale of IKEA factories – official

The Russian government has approved the sale of Swedish furniture maker IKEA’s factories...

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Apple shifting away from China

Apple shifting away from China

Apple assembler Foxconn will open a new major factory in Vietnam to help the iPhone...

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Bitcoin rallies to 6-month high

Bitcoin rallies to 6-month high

The world’s most popular cryptocurrency has soared over 11% despite the crackdown...

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EU country ramps up Russian gas imports – data

EU country ramps up Russian gas imports – data

Austrian purchases of Russian natural gas have soared despite EU sanctions, the...

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Trade between Russia and EU tumbles – official

Trade between Russia and EU tumbles – official

Russian trade with the EU has been declining as a result of the West’s economic...

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US wants to punish banks linked to Russia – Reuters

US wants to punish banks linked to Russia – Reuters

The White House could sanction more banks cooperating with Russia and tighten measures...

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Viagra supplies halted to Russia – official

Viagra supplies halted to Russia – official

US pharmaceutical corporation Viatris has stopped supplies of Viagra to Russia Read...

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Switzerland rules out seizing Russian assets

Switzerland rules out seizing Russian assets

Russian assets must not be confiscated and used for Ukraine reconstruction, the...

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Turkish stocks soar as market reopens

Turkish stocks soar as market reopens

Turkish equities have surged as trading resumed following last week’s suspension...

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UK inflation eases slightly

UK inflation eases slightly

The UK inflation rate has slowed but remains in double digits amid the cost-of-living...

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Ireland scraps ‘golden visas’ to keep out Chinese

Ireland scraps ‘golden visas’ to keep out Chinese

Dublin will end its immigrant investor program following a review of its “appropriateness,”...

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Western sanctions bring Russia and India closer – diplomat

Western sanctions bring Russia and India closer – diplomat

Western sanctions have become a catalyst for growing trade between Moscow and New...

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Russian oil production increased in 2022 – Bloomberg

Russian oil production increased in 2022 – Bloomberg

Russian oil companies did the most drilling in over a decade last year, showing...

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EU to force banks to reveal Russian assets – Bloomberg

EU to force banks to reveal Russian assets – Bloomberg

Brussels will force banks to report on Russian assets in its tenth sanctions package...

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Russia and Bolivia to trade in national currencies – envoy

Russia and Bolivia to trade in national currencies – envoy

Russia and Bolivia have started to make financial transactions in their national...

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Russian oil industry thriving under Western sanctions – Bloomberg

Russian oil industry thriving under Western sanctions –...

Russian oil companies did the most drilling in over a decade last year, showing...