Economy & Business
Record loss reported by world’s largest sovereign wealth...
Norway’s state pension fund suffered the biggest loss in its history in the first...
UK energy bills to skyrocket
Annual energy bills in the UK could soar to nearly £6,000 in 2022, experts warn...
Russia is China’s top oil supplier for third straight month
Russia held its spot as China’s biggest oil supplier for a third executive month...
Swiss ski resorts face power pressures
Swiss ski tourism may be badly hurt as surging energy prices threaten ski lifts...
India boosts gold purchases
India’s gold imports rose by 6.4% to $12.9 billion during from April to July due...
Ukraine’s GDP to fall by 40% – S&P
S&P Global Ratings raises Ukraine’s foreign currency sovereign credit ratings, but...
Britain warned of ‘humanitarian crisis’
Soaring energy bills could plunge the UK into a humanitarian crisis this winter,...
Saudi Arabia’s economy set to grow faster than US
Saudi Arabia’s economy is expected to grow at the fastest pace in a decade, according...
Siemens apologizes for trolling Gazprom
Siemens Energy regrets triggering a “controversial discussion” with its offer of...
EU airline makes U-turn on Russia flights
European low-cost carrier Wizz Air has suspended plans to resume flights from Moscow...
Energy crisis threatens British nightlife
Nightclubs that are important for UK tourism may have to shut due to surging energy...
EU airline makes U-turn on Russian flights
European low-cost carrier Wizz Air has suspended plans to resume flights from Moscow...
Russian coal exports to China smash five-year high
China's imports of Russian coal reached a five-year high in July as Western states...
EU nation cuts growth outlook for 2023
Sweden slashes growth outlook for 2023 due to soaring inflation Read Full Article...
Drought threatens wine output in France
Wine production in France is expected to decrease due to heat waves and drought,...
Russia continues to stockpile forex reserves
Russia’s massive gold and foreign exchange reserves have risen by almost $6 billion...
