Economy & Business

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Biden may tap US strategic oil reserves – FT

Biden may tap US strategic oil reserves – FT

US President Joe Biden is reportedly hoping to tame rising gasoline prices and inflation...

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China beating US in nuclear energy – report

China beating US in nuclear energy – report

The Asian superpower’s civilian nuclear sector is more than a decade ahead of the...

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Russia surpasses US in gas supplies to Europe – FT

Russia surpasses US in gas supplies to Europe – FT

In May, gas imports from Russia to Europe exceeded those from the US for the first...

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EU nation resumes imports of Russian iron and steel – media

EU nation resumes imports of Russian iron and steel – media

Spain returned to purchasing Russian steel and iron in April, RIA Novosti reports,...

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Sales of Chinese cars top those of US rivals for first time – report

Sales of Chinese cars top those of US rivals for first...

China’s automakers outdo US rivals for first time in 2023, with over 13 million...

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Coca-Cola applies to register trademarks in Russia – media

Coca-Cola applies to register trademarks in Russia – media

US soft-drinks maker Coca-Cola has applied to register several trademarks in Russia,...

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UK falls in line with US sanctions on Russia

UK falls in line with US sanctions on Russia

The latest measures are aimed at disrupting Moscow’s ability to circumvent the Western...

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Do the new US sanctions mark Russia’s final divorce from the dollar?

Do the new US sanctions mark Russia’s final divorce from...

Western currency trade restrictions are pushing Russia closer to China Read Full...

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Yuan to replace dollar as Russia’s main foreign currency – Central Bank

Yuan to replace dollar as Russia’s main foreign currency...

The renminbi has surpassed the US dollar to become the most traded currency with...

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EU energy giant terminates Russian gas supply contracts

EU energy giant terminates Russian gas supply contracts

German utility Uniper has decided to terminate its gas supply contracts with Gazprom...

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Musk drops case against OpenAI – reports

Musk drops case against OpenAI – reports

Billionaire entrepreneur Elon Musk has dropped a legal case against the creator...

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Moscow exchange suspends trading in dollars and euro

Moscow exchange suspends trading in dollars and euro

The Moscow exchange has suspended trading in dollars and euros, citing fresh US...

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World Bank raises estimate for Russian economic growth

World Bank raises estimate for Russian economic growth

The Russian economy will grow stronger in 2024 than previously expected, according...

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BRICS frustrated by West’s trade protectionism – Lavrov

BRICS frustrated by West’s trade protectionism – Lavrov

BRICS foreign ministers have condemned US protectionism in global trade, Russian...

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Germany becoming ‘a developing country’ – stock exchange boss

Germany becoming ‘a developing country’ – stock exchange...

The nation is reverting to a developing country due to the chancellor’s “lack of...

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EU wants to keep Russia-Ukraine gas transit – Bloomberg

EU wants to keep Russia-Ukraine gas transit – Bloomberg

The EU reportedly wants to keep using Ukraine’s infrastructure to buy natural gas...