Economy & Business

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Zara finds way to stay in Russia

Zara finds way to stay in Russia

The move by Spanish clothing conglomerate Inditex may allow its stores in Russia...

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EU business groups oppose sanctions on Russian aluminum – Reuters

EU business groups oppose sanctions on Russian aluminum...

European industry associations have urged EU authorities to prevent a ban on Russian...

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Apple slashes production as consumer spending drops

Apple slashes production as consumer spending drops

Apple will scale down production of its latest iPhone 14 Plus as consumer interest...

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Raytheon making a killing on Ukraine weapons demand

Raytheon making a killing on Ukraine weapons demand

The US-based defense conglomerate, which makes NASAMs and Javelins supplied to Ukraine,...

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Record volumes of Russian energy headed to China – Bloomberg

Record volumes of Russian energy headed to China – Bloomberg

Russia’s energy exports to China have topped $50 billion since February, the news...

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Eurozone recession more likely as business activity slows – Bloomberg

Eurozone recession more likely as business activity slows...

Private-sector activity in the euro area contracted for the fourth consecutive month...

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Russia-China trade on the rise

Russia-China trade on the rise

Trade turnover between Moscow and Beijing has risen in January-September to over...

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Chinese stocks and currency slide

Chinese stocks and currency slide

The political reshuffle in Beijing has spooked some investors, sending the nation’s...

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Chinese stocks, currency slide

Chinese stocks, currency slide

The political reshuffle in Beijing has spooked some investors, sending the nation’s...

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Top German companies hit historic debt highs – Handelsblatt

Top German companies hit historic debt highs – Handelsblatt

Energy crisis-hit German corporations have accumulated hundreds of billions in debt...

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Russia can dodge G7 oil price cap – Reuters

Russia can dodge G7 oil price cap – Reuters

Most of Russia’s crude will continue to flow to customers after the G7 oil price...

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Double-digit inflation hits another EU member

Double-digit inflation hits another EU member

Annual inflation in Denmark has hit a new 40-year high, reaching 11.1% in September,...

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Russia’s Gazprom to pay record dividend

Russia’s Gazprom to pay record dividend

Russian gas producer Gazprom has said it will pay a record-high dividend for the...

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European gas prices drop

European gas prices drop

Prices for natural gas in the EU have dropped as fears of winter energy shortages...

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US nuclear industry has a Russia problem – Reuters

US nuclear industry has a Russia problem – Reuters

The US may fail to launch new generation nuclear power plants without supplies of...

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Self-driving trucks to hit Russian roads

Self-driving trucks to hit Russian roads

Autonomous trucks could reportedly start operating in Russia next year as part of...