Economy & Business

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China secretly hoarding gold to ditch dollar – media

China secretly hoarding gold to ditch dollar – media

Beijing is boosting its bullion reserves to reduce dependence on the US dollar amid...

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EU divided over gas price cap – CNBC

EU divided over gas price cap – CNBC

EU nations are split on the gas price cap proposal, with some saying it is too high,...

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EU waters down Russian oil price cap – Bloomberg

EU waters down Russian oil price cap – Bloomberg

The EU has reportedly softened a Russian oil price cap scheme, by delaying its full...

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EU country refuses to shun Russian diamonds – Guardian

EU country refuses to shun Russian diamonds – Guardian

Belgium’s trade in Russian diamonds has continued despite EU pressure to add the...

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Norway resumes deliveries of gas turbine parts to Russia

Norway resumes deliveries of gas turbine parts to Russia

A Norwegian company has resumed supplying gas turbine parts to Russia to fulfill...

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US clarifies Russian oil price cap plan

US clarifies Russian oil price cap plan

The US Treasury has issued new guidelines for American providers ahead of a planned...

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Gazprom threatens cut-off over Ukrainian theft

Gazprom threatens cut-off over Ukrainian theft

Russia’s Gazprom could slash gas deliveries to Moldova after accusing Kiev of siphoning...

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German living standards could collapse – government politician

German living standards could collapse – government politician

German prosperity could nosedive to a five-decade low as a result of the government’s...

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Gazprom threatens gas cut-off over Ukrainian theft

Gazprom threatens gas cut-off over Ukrainian theft

Russia’s Gazprom could slash gas deliveries to Moldova after accusing Kiev of siphoning...

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Russia becomes India’s top fertilizer supplier – Reuters

Russia becomes India’s top fertilizer supplier – Reuters

Russia overtakes China to become India’s top fertilizer supplier thanks to steep...

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Costs of German LNG terminals soar – Reuters

Costs of German LNG terminals soar – Reuters

Floating liquefied natural gas terminals will cost Germany at least €3 billion more...

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Russia threatens to cut gas exports due to Ukraine’s theft

Russia threatens to cut gas exports due to Ukraine’s theft

Russia’s Gazprom could slash gas deliveries to Moldova after accusing Kiev of siphoning...

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Musk’s wealth drops by $100 billion – Bloomberg

Musk’s wealth drops by $100 billion – Bloomberg

Elon Musk’s net worth fell by a record $100 billion in 2022 due to the drop in Tesla...

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Key OPEC members deny output hike reports

Key OPEC members deny output hike reports

OPEC+ is sticking with oil production cuts and does not plan any increases, member...

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Ukraine to hike transit fees for Russian oil to EU

Ukraine to hike transit fees for Russian oil to EU

Ukraine plans to increase oil transit fees, as Russian strikes on infrastructure...

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Life as Germans know it may well collapse, MP warns

Life as Germans know it may well collapse, MP warns

German prosperity could nosedive to a five-decade low as a result of the government’s...