Economy & Business

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France’s energy crisis deepens – Bloomberg

France’s energy crisis deepens – Bloomberg

Power supply risks in France are rising due to postponed restart of nuclear reactors,...

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Oil rebounds as China pledges to revive consumption

Oil rebounds as China pledges to revive consumption

Global crude prices rose after China’s pledge to boost domestic demand and the US...

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Global recession risks rising – economists

Global recession risks rising – economists

Recession risks are exceptionally high all over the world, economists say, according...

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Iran mulling joint car production with Russia – ambassador

Iran mulling joint car production with Russia – ambassador

Russia and Iran could launch joint auto production if they are able to reach an...

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Soaring energy prices cost EU $1 trillion  – Bloomberg

Soaring energy prices cost EU $1 trillion – Bloomberg

The EU has been hit by losses of $1 trillion due to soaring energy prices, Bloomberg...

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Covid takes toll on China’s aluminum imports – Reuters

Covid takes toll on China’s aluminum imports – Reuters

China’s aluminum imports fell 35.7% last month from a year earlier as domestic supply...

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Rising prices sap Brits’ spending power, poll finds

Rising prices sap Brits’ spending power, poll finds

Consumer confidence in the UK lingers at its lowest level in almost fifty years...

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China air travel demand rebounds – Bloomberg

China air travel demand rebounds – Bloomberg

China's domestic air travel demand has sharply recovered on easing of Covid restrictions,...

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Moscow to extend ban on trucks from ‘unfriendly countries’ – RBK

Moscow to extend ban on trucks from ‘unfriendly countries’...

Russia will prolong an entry ban on cargo from countries that have placed similar...

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India to remain biggest buyer of Russian oil – Reuters

India to remain biggest buyer of Russian oil – Reuters

India is expected to remain the top buyer of Russian oil in December as the number...

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EU sued over anti-Russia sanctions – Bild

EU sued over anti-Russia sanctions – Bild

Over 60 business leaders from Russia and Belarus have reportedly filed lawsuits...

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Russia-Indonesia trade soars – envoy

Russia-Indonesia trade soars – envoy

Trade between Russia and Indonesia continues to grow despite global tensions, Russian...

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Musk on money mission for Twitter – media

Musk on money mission for Twitter – media

Elon Musk has reportedly offered to sell additional equity at the same price he...

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Global coal consumption breaks record – report

Global coal consumption breaks record – report

Coal consumption is expected to hit a ten-year high this year, breaking 8 billion...

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Gas exchange may leave EU over price cap – media

Gas exchange may leave EU over price cap – media

The ICE commodity exchange says it may move the Dutch TTF gas trading hub outside...

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Gas hub may leave EU over price cap – media

Gas hub may leave EU over price cap – media

The ICE commodity exchange says it may move the Dutch TTF gas trading hub outside...