Economy & Business
Swiss central bank reports massive loss
The Swiss National Bank posted an annual loss of $143 billion in 2022 – the biggest...
Head of South Africa’s power utility alleges murder attempt
The outgoing head of South Africa’s state power company Escom has told police about...
China takes new measure to promote de-dollarization
China extended trading hours for the yuan amid a broader move to boost international...
Head of South Africa’s power utility claims murder attempt
The outgoing head of South Africa’s state power company Escom has told police about...
Argentina and China expand currency swap deal – media
The Central Bank of Argentina has reportedly activated a currency swap agreement...
Ship stuck in Suez Canal refloated
The bulk carrier Glory has been freed after getting stuck in the Suez Canal, the...
Oil demand to surge this year – trader
Global oil demand could rise in 2023 if the Covid-19 restrictions are completely...
Eurozone economy forecast to shrink – FT
The Eurozone economy will shrink further in 2023 due to the energy crisis, the Financial...
Germans urged to keep saving energy
German residents should continue their efforts to lower energy consumption in order...
Finns stockpiling firewood – Reuters
Finnish citizens have been turning to kindling as an alternative way to heat their...
World's largest experimental nuclear reactor faces delays
A flagship international nuclear fusion project may take years to start producing...
Key Russian ally legalizes digital piracy
Belarus has legalized the use of digital content from ‘unfriendly countries’ without...
Google disputes Android antitrust ruling – Reuters
In India's Supreme Court Google has challenged a decision by the antitrust watchdog...
Risk of US recession increasing – Fed research
A new study by the St. Louis Federal Reserve Bank reveals heightened risks of the...
Alibaba co-founder Jack Ma steps further away from business
Billionaire Jack Ma is giving away control of Alibaba affiliate Ant Group after...
McDonald’s faces job cuts – media
McDonald’s plans to lay off some of its corporate staff amid restaurant expansion,...
