Economy & Business

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Iran joins Russia-led free trade zone – media

Iran joins Russia-led free trade zone – media

Iran and the Eurasian Economic Union have signed a free trade agreement, RIA Novosti...

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EU country doubles trade with Russia

EU country doubles trade with Russia

Greece has boosted Russian imports despite the EU’s efforts to cut trade ties with...

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Food prices in Britain continue to skyrocket – data

Food prices in Britain continue to skyrocket – data

The cost of food in the UK has continued to rise, putting pressure on households,...

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Russia slashes EU-bound gas transit through Ukraine

Russia slashes EU-bound gas transit through Ukraine

Gazprom has cut its daily volume of gas transit to the EU via Ukraine by nearly...

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‘Banned’ Russian oil in high demand – Bloomberg

‘Banned’ Russian oil in high demand – Bloomberg

Russian fuel arriving in Singapore is being mixed and re-exported to markets in...

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Crypto lender Genesis about to go bust – Bloomberg

Crypto lender Genesis about to go bust – Bloomberg

Genesis Global Capital, the lending unit of Digital Currency Group, is reportedly...

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Amazon overtakes Apple as world’s most valuable brand

Amazon overtakes Apple as world’s most valuable brand

Amazon has become the world’s most valuable brand, despite losing $51 billion in...

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Russia posts record current account surplus

Russia posts record current account surplus

Russia’s foreign trade surplus soared 66% last year, hitting a record $282 billion...

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German economy to avoid recession – Scholz

German economy to avoid recession – Scholz

Chancellor Scholz believes Germany will avoid recession in 2023 thanks to a mild...

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Ruble and yuan dominate Russia-China trade – Lavrov

Ruble and yuan dominate Russia-China trade – Lavrov

Half of Russia-China trade is conducted in rubles and yuan now that they are relying...

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Microsoft announces mass layoffs

Microsoft announces mass layoffs

The US technology major Microsoft has revealed it will significantly reduce its...

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EU official demands free Siberian overflights

EU official demands free Siberian overflights

An EU transport official says Russia should stop charging foreign airlines to use...

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Russia wants to trade with African countries in local  currencies – Lavrov

Russia wants to trade with African countries in local currencies...

Russian and African countries are working to switch to national currencies in trade,...

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Russia’s biggest bank to open in Crimea

Russia’s biggest bank to open in Crimea

Sber is commencing operations in Crimea, with the first of its ATMs installed and...

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Saudi Arabia ready to ditch dollar in trade – Finance Minister

Saudi Arabia ready to ditch dollar in trade – Finance Minister

Riyadh is open to discussions regarding trade in currencies other than the US dollar,...

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Russia’s seaborne oil shipments rise to 10-month high – media

Russia’s seaborne oil shipments rise to 10-month high –...

Exports of Russia's seaborne crude oil soared to 3.8 million barrels last week,...