Economy & Business

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Russia now in top three markets for yuan payments

Russia now in top three markets for yuan payments

Russia is ranked third in a list of countries outside mainland China using the yuan...

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Russia becomes one of biggest markets for yuan payments

Russia becomes one of biggest markets for yuan payments

Russia is ranked third in a list of countries outside mainland China using the yuan...

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‘Big Short’ investor bets on prisons instead of traditional stocks – media

‘Big Short’ investor bets on prisons instead of traditional...

Well-known US hedge fund manager Michael Burry has replaced his entire stock portfolio...

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Financial giants slash China’s GDP outlook

Financial giants slash China’s GDP outlook

Goldman Sachs and Nomura have reduced their forecasts for Chinese GDP growth, citing...

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Russian operator takes over Sakhalin-2

Russian operator takes over Sakhalin-2

Russia’s Sakhalin-2 oil and gas development project is being operated under domestic...

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Russia’s energy export revenues forecast to soar

Russia’s energy export revenues forecast to soar

Russia is profiting from increased oil exports and soaring gas prices, according...

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Russian gas transit to EU via Nord Stream to be halted  – Gazprom

Russian gas transit to EU via Nord Stream to be halted...

Russian gas supplies to the EU via Nord Stream 1 will be stopped for three days...

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Russian operator takes over Sakhalin-2 LNG project

Russian operator takes over Sakhalin-2 LNG project

Russia’s Sakhalin-2 oil and gas development project is being operated under domestic...

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British consumer confidence slumps to record low

British consumer confidence slumps to record low

UK consumer confidence falls to a record low in August, amid cost-of-living pressures...

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Afghanistan offers raisins for Russian oil

Afghanistan offers raisins for Russian oil

Afghanistan has offered to supply raisins and medicinal herbs to Russia in exchange...

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Stranded Russian turbine offered emotional support

Stranded Russian turbine offered emotional support

Siemens has proposed creating a playlist on Spotify for the stranded Russian gas...

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Germany at risk of deindustrialization – Bloomberg

Germany at risk of deindustrialization – Bloomberg

Germany’s industrial sector faces a factory exodus as manufacturers are hit with...

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More EU firms face bankruptcy – Eurostat

More EU firms face bankruptcy – Eurostat

The number of bankruptcy declarations in the EU grew by 2.2% in the second quarter...

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Commodity firms buckling under energy crisis – Bloomberg

Commodity firms buckling under energy crisis – Bloomberg

The vital commodities’ industry is facing pressure from skyrocketing energy prices,...

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China ramps up gold buying – Bloomberg

China ramps up gold buying – Bloomberg

China has boosted purchases of gold, signaling growing demand as Covid restrictions...

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Yuan overtakes dollar on Moscow Exchange

Yuan overtakes dollar on Moscow Exchange

Trading volume in the yuan-ruble pair has outpaced the dollar-ruble pairing for...