Economy & Business

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EU member price rises break records

EU member price rises break records

Inflation in the Czech Republic skyrocketed to a three-decade high, driven by energy...

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IMF predicts scale of Ukrainian recession

IMF predicts scale of Ukrainian recession

IMF says Ukraine’s economy could shrink by 35% as inflation in the country continues...

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Putin reveals Russia’s goals in global energy market

Putin reveals Russia’s goals in global energy market

Russia is not acting against anyone in the energy markets, but is seeking to guarantee...

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Russia to nationalize assets of Japanese carmaker – trade ministry

Russia to nationalize assets of Japanese carmaker – trade...

Nissan will transfer its Russian assembly plant and other holdings to a state-owned...

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French authorities threaten ‘intervention’ over strikes

French authorities threaten ‘intervention’ over strikes

Paris demands that striking unions unblock refineries and storage sites as the country’s...

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Top US bank issues grim prediction – CNN

Top US bank issues grim prediction – CNN

The US labor market will be shedding jobs before the Fed stops raising interest...

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US taking advantage of EU energy crisis – Paris

US taking advantage of EU energy crisis – Paris

France’s finance minister has accused Washington of taking advantage of the crisis...

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Indian banks shun rupee trade with Russia – Reuters

Indian banks shun rupee trade with Russia – Reuters

Large Indian banks are shunning rupee trade with Russia in fear of sanctions, Reuters...

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IMF and World Bank sound alarm over recession

IMF and World Bank sound alarm over recession

The heads of the IMF and World Bank warn the world economy is slowing down and edging...

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Russia may redirect EU coal supply

Russia may redirect EU coal supply

Russian coal earmarked for EU can be redirected to alternative markets, Deputy PM...

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Wheat prices rise sharply on Ukraine deal fears – Bloomberg

Wheat prices rise sharply on Ukraine deal fears – Bloomberg

Monday’s missile attacks in Ukraine caused wheat prices to soar, Bloomberg reports...

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Major Russian bank winds down Swiss business – top official

Major Russian bank winds down Swiss business – top official

Gazprombank will transfer its remaining business operations in Switzerland to partners,...

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Ukraine grain deal may go bust – Bloomberg

Ukraine grain deal may go bust – Bloomberg

Monday’s missile attacks in Ukraine caused wheat prices to soar, Bloomberg reports...

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Hungary and Serbia agree on new route for Russian oil supply

Hungary and Serbia agree on new route for Russian oil supply

Serbia will set up a new pipeline to Hungary to secure the supply of Russian oil...

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EU calls for ‘stress test’ of critical energy infrastructure

EU calls for ‘stress test’ of critical energy infrastructure

The EU needs to step up protection of the bloc’s critical energy infrastructure,...

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Gas prices in Europe drop to three-month low

Gas prices in Europe drop to three-month low

Europe’s November gas futures dropped to the lowest point since July 1 on warmer-than-expected...