Economy & Business
US key economic data sparks recession fears
The US economy shrank for two quarters in a row, battered by surging consumer prices...
German inflation at highest level since Nazi-era
Inflation in Germany increased 10.9% in the year through September, up from 8.8%...
Clothing giant reports huge profit drop after Russia exit
H&M reports a pre-tax profit drop of 89% in June-August due to inflation, a slump...
German inflation hits record high
Inflation in Germany increased 10.9% in the year through September, up from 8.8%...
German gas consumption too high – energy regulator
Germany’s energy regulator has warned that current gas consumption could lead to...
Kremlin comments on fate of Nord Stream
Kremlin spokesperson Dmitry Peskov says Moscow cannot confirm if Nord Stream 1 will...
H&M reports huge profit drop after Russia exit
H&M reports a pre-tax profit drop of 89% in June-August due to inflation, a slump...
British pound takes a hit
The pound dropped by over 1% against the US dollar after the Bank of England signaled...
Hospitality industry growth in Russia revealed
The number of food and drink venues in Russia has been growing lately, surpassing...
WTO warns of global recession
The WTO chief warns of an impending global recession, with multiple overlapping...
EU proposes new ‘biting’ sanctions against Russia
The EU has proposed a fresh round of sanctions on Russia, including an oil price...
Billionaire investor lambasts UK government
Prominent hedge fund manager Ray Dalio has criticized UK leaders for tanking the...
Soaring interest rates take toll on UK property market...
The prospect of higher interest rates is forcing UK banks to withdraw mortgage offers...
IMF blasts UK over taxes
The IMF has urged the UK to reconsider huge tax cuts due to high inflation, while...
EU may soften anti-Russia sanctions – Politico
The European Union is planning to amend its sanctions on Russia by allowing shipments...
Turkish state banks exit Russian payment system – Bloomberg
Turkish state banks will leave the Russian payment system Mir under the threat of...
