Economy & Business

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Dire winter scenario issued for EU

Dire winter scenario issued for EU

The EU risks shutting down whole industries this winter without gas flow from Russia,...

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French warned of winter blackouts

French warned of winter blackouts

French households could be hit with power outages this winter as the energy crisis...

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Eurozone recession warning raised

Eurozone recession warning raised

Analysts polled by Bloomberg assess the risk of recession in the euro area at 80%...

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Dire winter scenario in sight for EU

Dire winter scenario in sight for EU

The EU risks shutting down whole industries this winter without gas flow from Russia,...

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Adidas accused of massive tax evasion in Russia

Adidas accused of massive tax evasion in Russia

Adidas reportedly failed to pay $166 million in taxes before quitting Russia, and...

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UK pubs and brewers risk closure – FT

UK pubs and brewers risk closure – FT

Britain’s beer production is at risk of coming to a standstill amid high CO2 prices,...

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Value of Russian gas exports to EU doubles – think tank

Value of Russian gas exports to EU doubles – think tank

Gazprom’s export revenue doubled, despite a 43% drop in supplies to the EU Read...

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Italy may lose half a million jobs – study

Italy may lose half a million jobs – study

Italy risks losing up to 600,000 jobs due to the economic decline resulting from...

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Seven in ten Americans say economy is in bad shape – survey

Seven in ten Americans say economy is in bad shape – survey

Over 70% of Americans are dissatisfied with the current state of the US economy,...

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Russia exports less gas to EU but earns more – media

Russia exports less gas to EU but earns more – media

Gazprom’s export revenue doubled, despite a 43% drop in supplies to the EU Read...

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Italy fears France may halt power supply – la Repubblica

Italy fears France may halt power supply – la Repubblica

Italy reportedly fears that France may stop supplying it with electricity amid dwindling...

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US targets China’s tech sector – Reuters

US targets China’s tech sector – Reuters

The US is considering broadening curbs on the export of semiconductor chips and...

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EU may deprive Hungary of billions in funds

EU may deprive Hungary of billions in funds

The European Commission has proposed cutting billions of euros allocated to Hungary,...

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EU to deprive Hungary of billions in funds

EU to deprive Hungary of billions in funds

The European Commission has proposed cutting billions of euros allocated to Hungary,...

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Russia’s richest man unveils employee share-ownership scheme

Russia’s richest man unveils employee share-ownership scheme

Russian mining giant Nornickel is to raise employees’ equity holdings to 25%, Vladimir...

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EU ports ready to accept Russian fertilizers – UN

EU ports ready to accept Russian fertilizers – UN

Several major European ports have signaled their readiness to facilitate the export...