Economy & Business

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European markets hit by election turmoil

European markets hit by election turmoil

Stocks slumped on Monday as traders reacted to initial results from the EU elections...

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Wage hike triggers mass fast-food job losses in US state – report

Wage hike triggers mass fast-food job losses in US state...

Fast-food restaurants have recently had to lay off nearly 10,000 workers, according...

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Gold harder to find – industry body

Gold harder to find – industry body

Up to 20 years is needed on average before a gold mine is ready for production,...

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SPIEF 2024: Rosneft chief reveals cost EU paid for rejecting Russian gas

SPIEF 2024: Rosneft chief reveals cost EU paid for rejecting...

EU members paid more than double by spending $630 billion on imports of non-Russian...

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SPIEF 2024: BRICS members discussing unified payment system – Russian finance minister

SPIEF 2024: BRICS members discussing unified payment system...

A new settlement system based on digital technologies is being discussed by BRICS...

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Russian economic growth exceeding global average – Putin at SPIEF

Russian economic growth exceeding global average – Putin...

Russian economic growth is outpacing other global players, and is expanding without...

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Ruble dominating ‘toxic’ Western currencies in Russian exports – Putin

Ruble dominating ‘toxic’ Western currencies in Russian...

The share of the dollar and euro in Russia’s trade settlements continues to decline,...

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ChatGPT maker ignoring fatal threat posed by AI – insider

ChatGPT maker ignoring fatal threat posed by AI – insider

A former OpenAI researcher says the firm knows its technology could fatally harm...

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Russian oil revenues rise 50% – Bloomberg 

Russian oil revenues rise 50% – Bloomberg 

Russia’s proceeds from oil exports surged by almost 50% year-on-year in May due...

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South American country to impose energy sanctions on Israel – Bloomberg

South American country to impose energy sanctions on Israel...

Colombia’s trade ministry has called for restricting coal exports to Israel over...

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SPIEF 2024: Kremlin explains Moscow’s message to the world

SPIEF 2024: Kremlin explains Moscow’s message to the world

Russia is advocating for global cooperation based on equality and the rule of law,...

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SPIEF 2024: West ‘shooting itself in the foot’ with Russian sanctions, says finance minister

SPIEF 2024: West ‘shooting itself in the foot’ with Russian...

Economic sanctions on Russia have harmed the Western countries that imposed them,...

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West closer to tapping $300bn in frozen Russian assets – US 

West closer to tapping $300bn in frozen Russian assets...

The US and its allies could give Ukraine a loan and repay it using profits from...

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German military giant to build ammunition plant in Baltic state

German military giant to build ammunition plant in Baltic...

Rheinmetall has been seeking to expand production to meet a surge in shell demand...

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Japanese car makers falsified safety test results

Japanese car makers falsified safety test results

Japanese car makers Toyota, Mazda, Honda, and Suzuki have been found to have committed...

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Delegates from over 130 countries to attend St Petersburg Economic Forum – Kremlin aide

Delegates from over 130 countries to attend St Petersburg...

Russia’s marquee annual event SPIEF is set to bring together thousands of participants...