Economy & Business

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Russian steel giant quits US business

Russian steel giant quits US business

Russian steelmaker Evraz has announced the sale of its North American subsidiary...

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India ditches US dollar in Russia trade – Reuters

India ditches US dollar in Russia trade – Reuters

India switches from dollar to other currencies to pay for Russian coal imports Read...

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Iran pays first import order with crypto – media

Iran pays first import order with crypto – media

Sanctions-hit Tehran has started using cryptocurrency for international trade deals,...

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Russia resumes oil supply to EU

Russia resumes oil supply to EU

Russian crude supplies to the EU have resumed on Wednesday after Hungary pays transit...

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UK planning for worst-case energy scenario – reports

UK planning for worst-case energy scenario – reports

The UK is preparing for a worst-case scenario with planned electricity outages at...

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EU ramped up Russian coal imports before ban – media

EU ramped up Russian coal imports before ban – media

EU countries significantly increased imports of Russian coal ahead of a planned...

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EU state may resume purchases of Russian gas

EU state may resume purchases of Russian gas

Bulgarian Energy Minister Rosen Hristov says Sofia may resume purchases of Russian...

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Energy costs pushing Europeans into food poverty – Bloomberg

Energy costs pushing Europeans into food poverty – Bloomberg

Spiraling energy and grocery prices are driving food poverty across Europe, according...

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German economy forecast to shrink

German economy forecast to shrink

The German economy could lose billions in added value by 2030 due to the conflict...

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UK becoming ‘emerging market country’ – Saxo Bank

UK becoming ‘emerging market country’ – Saxo Bank

Brexit coupled with Covid, the energy crisis, and high inflation will reshape the...

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EU country offers solution to resume Russian oil supply

EU country offers solution to resume Russian oil supply

Hungary’s energy major MOL has offered to pay transit fees to restart Russian crude...

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US-Russia trade continues to plunge – Census Bureau

US-Russia trade continues to plunge – Census Bureau

Russian exports to the US have plunged to their lowest level in 18 years, data from...

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Russian exclave exhausts EU’s goods transit limits

Russian exclave exhausts EU’s goods transit limits

The Russian exclave of Kaliningrad says sanctions are preventing the region from...

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EU airline to resume flights to Russia

EU airline to resume flights to Russia

European low-cost carrier Wizz Air announces it will resume flights from the United...

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Buyer rejects Ukrainian grain cargo – media

Buyer rejects Ukrainian grain cargo – media

The first ship carrying Ukrainian grain has been reportedly rejected by its buyer...

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UK power supply under threat – Guardian

UK power supply under threat – Guardian

Norway may cut hydroelectric power exports to the UK due to low water levels and...