Economy & Business
Richest 1% grab two-thirds of world’s wealth – Oxfam
The world’s wealthiest people have been boosting their fortunes as the world slides...
Economists signal rising risks of US recession
The United States will probably fall into recession in the next 12 months, according...
EU gas prices drop to lowest since 2021
Lower heating demand has resulted in falling EU gas prices, trading data shows Read...
Russian energy revenues soaring – official
Russian oil and LNG exports soared last year, adding nearly $40 billion to the budget,...
Russian oil selling below Western price cap – finance ministry
Russian Urals crude is currently trading at about $50 per barrel, below the G7 price...
Big Oil looking to invest in India – official
US energy majors Exxon, Chevron and France’s Total may invest $58 billion in India’s...
Global political elite skipping Davos
The World Economic Forum is kicking off in the Swiss Alps with several notable leaders...
EU facing diesel crisis with Russian ban looming – Bloomberg
The region will have a difficult time replacing the fuel after sanctions on seaborne...
Russia allows Kazakhstan to use its pipelines to transport...
Kazakhstan received approval from Moscow to deliver 300,000 tons of crude in the...
Russian economy is stable – Putin
The Russian economy is in better shape than previously expected, and is on course...
Former Twitter workers denied group lawsuit over layoffs
A group of laid-off Twitter employees will have to pursue their lawsuits against...
Gas market to remain volatile for years – Qatar
The global gas market will remain unstable in the coming years, the Qatari energy...
Russian forex reserves keep growing
Russia’s foreign currency reserves rose by more than $14bn in December, according...
Global imports of LNG hit all-time high – data
Imports of liquified natural gas (LNG) by global consumers in 2022 reached a record...
Hungary can’t replace Russian oil and gas – official
Hungary is working to diversify supplies, but won’t be able to replace Russian energy...
Twitter wants to lure back advertisers with free ads –...
Twitter is touting free ads in a bid to bring brands back to the platform, the Wall...
