Economy & Business

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Danone to transfer control of business in Russia

Danone to transfer control of business in Russia

French company Danone will shed control of its dairy food business in Russia, which...

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France starts exporting gas to Germany

France starts exporting gas to Germany

France pumps gas to Germany for the first time, in an effort to ease the EU energy...

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Industry stalls amid energy crisis – Bank of France

Industry stalls amid energy crisis – Bank of France

French industry is facing a slowdown amid energy crisis, the Bank of France says...

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German inflation hits post-reunification high

German inflation hits post-reunification high

Consumer prices in Germany have risen by the highest amount since reunification...

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US oil price cap proposal will fail – Moscow

US oil price cap proposal will fail – Moscow

Russian Deputy Prime Minister Aleksandr Novak says the US oil price cap proposal...

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US issues bleak economic data

US issues bleak economic data

A key US inflation measure advanced last month to its highest level in 40 years,...

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The Economist weighs fates of Russian and EU economies

The Economist weighs fates of Russian and EU economies

The Russian economy is on track to recover while the EU is facing a worsening downturn...

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Putin offers Türkiye deal on EU gas supplies

Putin offers Türkiye deal on EU gas supplies

President Putin put a “gas hub” plan to his Turkish counterpart and proposed a new...

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Saudi Arabia reveals US pressure over oil cut

Saudi Arabia reveals US pressure over oil cut

Saudi Arabia says OPEC’s decision to slash oil production was based on economics...

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Tehran proposes new energy plan

Tehran proposes new energy plan

Iranian deputy oil minister proposed an energy consortium and a joint investment...

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US Treasury Secretary reveals Russian oil price cap target

US Treasury Secretary reveals Russian oil price cap target

The US Treasury says a price cap on Russian oil in the $60-a-barrel range would...

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US oil price cap proposal looks inadequate – Moscow

US oil price cap proposal looks inadequate – Moscow

Russian Deputy Prime Minister Aleksandr Novak says the US oil price cap proposal...

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Moscow proposes new platform for gas pricing

Moscow proposes new platform for gas pricing

President Putin put a “gas hub” plan to his Turkish counterpart and proposed a new...

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Top UK pub chain selling bars due to energy prices

Top UK pub chain selling bars due to energy prices

UK pub chain Marston’s will sell some of its sites as sales continue to lag behind...

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Saudi Arabia defends oil cut, reveals US request

Saudi Arabia defends oil cut, reveals US request

Saudi Arabia says OPEC’s decision to slash oil production was based on economics...

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Washington reveals price cap range for Russian oil

Washington reveals price cap range for Russian oil

The US Treasury says a price cap on Russian oil in the $60-a-barrel range would...