Economy & Business

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High energy costs drive companies away from EU – media

High energy costs drive companies away from EU – media

Soaring energy prices coupled with gas shortages are forcing many EU firms to move...

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More EU anti-Russia sanctions on the way — FT

More EU anti-Russia sanctions on the way — FT

New EU sanctions on Russia may include an oil price cap and target the country’s...

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Sharp rise in Russian food exports reported

Sharp rise in Russian food exports reported

Russian exports of agricultural products on the global market have been rising despite...

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Swiss hospitals advised to cut power use

Swiss hospitals advised to cut power use

Switzerland’s hospitals have been advised to save energy to help the government...

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Russia ramps up agricultural exports

Russia ramps up agricultural exports

Russian exports of agricultural products on the global market have been rising despite...

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India’s recession safeguard revealed

India’s recession safeguard revealed

India is unlikely to join global recession, as it’s “decoupled” from global markets,...

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Austria to reject Russian gas ban – FM

Austria to reject Russian gas ban – FM

Austria’s foreign ministry has stated it won’t support the EU’s planned embargo...

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Turkey to decide fate of Russian payment system – Erdogan

Turkey to decide fate of Russian payment system – Erdogan

Turkish President Recep Tayyip Erdogan will hold an economic meeting with top officials...

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Germany to nationalize Russian gas subsidiary – Der Spiegel

Germany to nationalize Russian gas subsidiary – Der Spiegel

Germany will take over Gazprom’s subsidiary without providing compensation to the...

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Russia issues budget forecast

Russia issues budget forecast

Russia will run a budget deficit for the next three years, Prime Minister Mishustin...

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European country stockpiles Russian gold – Bloomberg

European country stockpiles Russian gold – Bloomberg

Switzerland boosted purchases of Russian gold in August to their highest level in...

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UK lifts ban on fracking

UK lifts ban on fracking

Britain lifted the ban on fracking for shale gas on Thursday, citing the country’s...

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German producer prices hit all-time high – data

German producer prices hit all-time high – data

German producer prices posted the highest increase on record last month, Destatis...

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EU’s scramble for gas creates new energy threat – Bloomberg

EU’s scramble for gas creates new energy threat – Bloomberg

Europe’s push to replace Russian energy is causing a tanker shortage and supply...

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Europe’s scramble for gas creates new energy threat – Bloomberg

Europe’s scramble for gas creates new energy threat – Bloomberg

Europe’s push to replace Russian energy is causing a tanker shortage and supply...

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Bank of Russia proposes financial support for reservists

Bank of Russia proposes financial support for reservists

Russians mobilized under a presidential decree should be granted payment holidays...