Economy & Business
China’s growth outlook revised higher
The Chinese economy is forecast to grow 5% this year as consumption is recovering...
Russian economy will return to growth this year – Central...
The Russian economy will start growing in mid-2023 with positive dynamics already...
UK trade gap with EU widens – data
The UK’s trade deficit with the EU has continued to grow since Brexit, according...
Russia to cut oil production in response to Western sanctions
Deputy Prime Minister Aleksandr Novak announces that Russia will cut oil output...
Oil prices jump after Russia announces production cuts
Crude prices have soared on Russia’s plan to cut production in response to Western...
EU country will not abandon Russian gas – diplomat
Greek companies won’t break long-term energy contracts with Moscow, according to...
British economy narrowly avoids recession – data
Flat GDP in the final quarter helped the UK economy avoid a contraction, according...
China becomes top Russian food importer – report
China became the largest importer of Russian agricultural goods in 2022, according...
German inflation accelerates
Inflation in the European Union’s largest economy has continued to rise, according...
Record investment helped Russia survive sanctions – Bloomberg
Russia has withstood Western sanctions by investing in domestic production and new...
EU urged to track down Russian assets
Before frozen Russian central bank assets can be seized and sent to Ukraine, they...
Russia to dump euro from rainy-day fund – Finance Ministry
Moscow announced plans to cut the euro currency from the National Wealth Fund Read...
Loss of Western brands is Russia’s gain – Putin
Foreign firms leaving Russia suffer financially, while domestic companies may benefit...
Consumer goods giant warns of exit from Russia
Unilever may have to cease doing business in Russia, the UK company said in a statement...
Russia finds alternative to Siemens turbines
Russia has begun production of Iranian-designed gas turbines for hydropower plants,...
Consumer goods giant flags risk of leaving Russia
Unilever may have to cease doing business in Russia, the UK company said in a statement...
