Economy & Business

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One-in-four Europeans have trouble heating their home – survey

One-in-four Europeans have trouble heating their home –...

More than 100 million Europeans have problems with home heating and debts for housing...

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More UK retailers risk going bust in 2023 – study

More UK retailers risk going bust in 2023 – study

UK retail collapses could pick up in 2023 as more firms are pushed to the brink...

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Russia’s biggest automaker mulls exports to Africa – deputy PM

Russia’s biggest automaker mulls exports to Africa – deputy...

Russia’s AvtoVAZ aims to expand the export of its vehicles to the African market,...

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Taliban signs oil deal with Chinese firm – Bloomberg

Taliban signs oil deal with Chinese firm – Bloomberg

The Taliban government in Kabul signed an oil extraction deal with a Chinese company,...

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More rate hikes predicted in Eurozone

More rate hikes predicted in Eurozone

Headline inflation in the Eurozone dropped to single digits in December, according...

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Tesla forced to slash prices in China – Reuters

Tesla forced to slash prices in China – Reuters

Tesla has slashed prices for its Model 3 and Model Y in China by up to 13.5% amid...

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Energy major warns of gas shortages

Energy major warns of gas shortages

Europe’s energy market will remain tight this year despite the current drop in gas...

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China’s EV exports hit record high on European demand – Bloomberg

China’s EV exports hit record high on European demand –...

Electric car exports from China nearly tripled in November, with most destined for...

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Top routes for Russian oil after price cap revealed

Top routes for Russian oil after price cap revealed

India and China have stepped up purchases of Russian Arctic oil grades, Reuters...

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Brits cutting back on non-essential spending – survey

Brits cutting back on non-essential spending – survey

UK consumers will cut back on eating out and non-essential shopping in 2023 amid...

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IMF issues call on US inflation

IMF issues call on US inflation

The Federal Reserve should press ahead with interest rate hikes this year, IMF deputy...

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Moscow warns of retaliation if Germany goes through with asset seizure

Moscow warns of retaliation if Germany goes through with...

Russia will respond in kind if Germany confiscates its frozen assets, Duma speaker...

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Amazon to boot thousands of workers – CEO

Amazon to boot thousands of workers – CEO

Amazon will fire over 18,000 employees amid a shift to in-person shopping and plunging...

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McDonald’s to leave another ex-Soviet country – Bloomberg

McDonald’s to leave another ex-Soviet country – Bloomberg

Kazakhstan may have to forego American hamburgers after the local franchise was...

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Economists issue grim 2023 forecast

Economists issue grim 2023 forecast

The world economy will face a recession in 2023 due to persisting inflation and...

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Sanctions cost Russia’s richest billions – Bloomberg

Sanctions cost Russia’s richest billions – Bloomberg

Russian billionaires have seen their net worth plummet since the start of the conflict...