Economy & Business

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Russia’s move away from dollar ‘irreversible’ – leading banker

Russia’s move away from dollar ‘irreversible’ – leading...

The country’s foreign trade has changed too much and now leans toward settlements...

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US discredited dollar by weaponizing it – Putin

US discredited dollar by weaponizing it – Putin

Russian President Vladimir Putin expects a shift to transactions in local currencies...

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EU may pay big price for abandoning Russian energy – Sechin

EU may pay big price for abandoning Russian energy – Sechin

Key sectors of European industry hit by the energy crisis will face a sharp production...

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Russian car industry sees 77% drop in output

Russian car industry sees 77% drop in output

Automobile production in Russia slumped in September due to shortages of high-tech...

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British oil giant still involved with Russia’s Rosneft – CEO

British oil giant still involved with Russia’s Rosneft...

BP remains a “shadow shareholder” of the Russian oil major, Igor Sechin says Read...

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Eurozone sees highest interest rates in decade

Eurozone sees highest interest rates in decade

The ECB hiked the interest rate on Thursday to curb inflation, despite recession...

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Berlin explains why Nord Stream 2 is unfit for gas supplies – Der Spiegel

Berlin explains why Nord Stream 2 is unfit for gas supplies...

Berlin reportedly fears both strings of the pipeline may have been damaged by explosions...

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Berlin deems Nord Stream 2 unfit for gas supplies – Der Spiegel

Berlin deems Nord Stream 2 unfit for gas supplies – Der...

Berlin reportedly fears both strings of the pipeline may have been damaged by explosions...

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China buys stake in Hamburg port – media

China buys stake in Hamburg port – media

Berlin has allowed Chinese shipping giant Cosco to buy a 25% stake in a Hamburg...

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Mercedes-Benz to withdraw from Russia

Mercedes-Benz to withdraw from Russia

German carmaker Mercedes-Benz will leave the Russian market and sell its stakes...

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G7 not powerful enough to dictate Russian oil price – World Bank

G7 not powerful enough to dictate Russian oil price – World...

Setting a price ceiling on Russian oil requires involving developing economies,...

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Norway explains opposition to Russian gas price cap

Norway explains opposition to Russian gas price cap

A price cap on Russian natural gas could exacerbate shortages in the EU, Norway’s...

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Biden struggling to implement Russian oil price cap – Bloomberg

Biden struggling to implement Russian oil price cap – Bloomberg

The Biden administration is reportedly scaling back its plan to cap prices for Russian...

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Ukrainian banks can be bought out for two cents

Ukrainian banks can be bought out for two cents

The Ukrainian president has signed a law allowing banks to be removed from the market...

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Mercedes-Benz to sell Russian business

Mercedes-Benz to sell Russian business

German carmaker Mercedes-Benz will leave the Russian market and sell its stakes...

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G7 not big enough to dictate Russian oil price – World Bank

G7 not big enough to dictate Russian oil price – World...

Setting a price ceiling on Russian oil requires involving developing economies,...