Economy & Business

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FTX founder released on $250mn bail

FTX founder released on $250mn bail

New York judge releases Sam Bankman-Fried from jail on $250 million bond, allowing...

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US blacklists Russian companies

US blacklists Russian companies

The United States has rolled out new sanctions against Russian companies linked...

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FTX execs plead guilty to fraud charges

FTX execs plead guilty to fraud charges

FTX cofounder Gary Wang and ex-Alameda CEO Caroline Ellison have pleaded guilty...

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Germany nationalizes energy giant

Germany nationalizes energy giant

The German economy and finance ministries have announced the takeover of energy...

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EU sanctions on Russia have reached their limit – commissioner

EU sanctions on Russia have reached their limit – commissioner

The EU has run out of sanctions options to hurt Russia, the bloc's environment commissioner,...

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UK worst performing G7 economy – data

UK worst performing G7 economy – data

Britain’s economic growth in the third quarter was worse than previously expected,...

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Japan set to return to nuclear energy

Japan set to return to nuclear energy

Tokyo is working on a plan that reverses its nuclear phase-out agenda introduced...

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Ruble slides to April low against dollar

Ruble slides to April low against dollar

The Russian ruble has dropped to an eight-month low against the US dollar on the...

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US may become net exporter of crude oil – Reuters

US may become net exporter of crude oil – Reuters

The US could become a net exporter of crude oil in 2023, Reuters reports Read Full...

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Russia and India will ditch dollar and euro in trade – Russian foreign ministry

Russia and India will ditch dollar and euro in trade –...

Russia and India are switching to ruble-rupee settlements in trade and cutting the...

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Russian carmaker to launch production at former Nissan plant

Russian carmaker to launch production at former Nissan...

Russian automaker Avtovaz will soon start producing cars at a plant in St. Petersburg,...

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EU regulator issues warning on gas price cap

EU regulator issues warning on gas price cap

EU energy regulator Christian Zinglersen has called a gas price cap mechanism ‘untested’...

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Germany denies plans to buy Russian oil

Germany denies plans to buy Russian oil

Germany does not plan to buy Russian oil next year, according to the country’s Economy...

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Russia becomes top crude supplier to China

Russia becomes top crude supplier to China

Russia has overtaken Saudi Arabia to become China’s top oil supplier in November,...

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Yuan squeezing out dollar on Moscow Exchange

Yuan squeezing out dollar on Moscow Exchange

Trading in the US dollar has halved on the Moscow Exchange while transactions in...

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Russian gas flows to EU unaffected by pipeline blast – Gazprom

Russian gas flows to EU unaffected by pipeline blast –...

Russian gas deliveries to Europe have not been affected by Tuesday’s explosion at...