Economy & Business
European gas prices soar on Russian pipeline news
Gas prices in Europe have surged amid supply uncertainty after TurkStream’s license...
Russia resumes gas supplies to China
Russian gas supplies to China via the Power of Siberia route have been resumed following...
Sluggish global demand poses major threat to trade – Beijing
Overseas demand for Chinese goods is weakening as the global economy slows, a trade...
Top economists issue grim prediction for Germany
Four leading German economic institutes have almost halved their spring economic...
US key economic data sparks recession fears
The US economy shrank for two quarters in a row, battered by surging consumer prices...
German inflation at highest level since Nazi-era
Inflation in Germany increased 10.9% in the year through September, up from 8.8%...
Clothing giant reports huge profit drop after Russia exit
H&M reports a pre-tax profit drop of 89% in June-August due to inflation, a slump...
German inflation hits record high
Inflation in Germany increased 10.9% in the year through September, up from 8.8%...
German gas consumption too high – energy regulator
Germany’s energy regulator has warned that current gas consumption could lead to...
Kremlin comments on fate of Nord Stream
Kremlin spokesperson Dmitry Peskov says Moscow cannot confirm if Nord Stream 1 will...
H&M reports huge profit drop after Russia exit
H&M reports a pre-tax profit drop of 89% in June-August due to inflation, a slump...
British pound takes a hit
The pound dropped by over 1% against the US dollar after the Bank of England signaled...
Hospitality industry growth in Russia revealed
The number of food and drink venues in Russia has been growing lately, surpassing...
WTO warns of global recession
The WTO chief warns of an impending global recession, with multiple overlapping...
EU proposes new ‘biting’ sanctions against Russia
The EU has proposed a fresh round of sanctions on Russia, including an oil price...
Billionaire investor lambasts UK government
Prominent hedge fund manager Ray Dalio has criticized UK leaders for tanking the...
