Economy & Business
UK’s historic rate hike comes with a warning
The Bank of England raises its benchmark rate by half a percentage point to 1.75%...
France warns of winter gas cuts
The French government warned on Wednesday that businesses may have to save electricity...
Tally of major brands which quit Russia revealed
Nearly 30% of foreign brands left Russia amid Western sanctions and over half suspended...
Siemens accuses Gazprom of lying – media
Gazprom’s claim that sanctions make the return of the Nord Stream turbine impossible...
Britain warned of ‘astronomical’ inflation next year
Inflation will reach “astronomical” levels next year, the Guardian newspaper reported...
Germany blames Russia for gas turbine impasse
The turbine for the Nord Stream 1 gas pipeline is stuck in transit in Germany as...
Russian gas giant warns it can’t accept key turbine
Western sanctions make the delivery of Nord Stream turbine from Germany to Russia...
Key refining hub sanctions Russian gold
Switzerland imposed an embargo on gold from Russia on Wednesday, following an EU...
Turbine manufacturer explains Russian gas supply shortfall
Only one of the five turbines at the Nord Stream 1 pipeline compressor station is...
Chinese firm's US plans paused over Pelosi – Bloomberg
World’s largest battery maker, China’s CATL, will delay US factory plans due to...
China boosts coal production
China’s daily coal output in July jumped 16% from a year earlier after Beijing urged...
India’s ‘Warren Buffett’ dies
Billionaire Indian investor and TV celebrity Rakesh Jhunjhunwala died on Sunday...
Surge in EU exports to Russia
EU exports to Russia have been growing for two consecutive months, despite 28% of...
US angry with India over Russian oil
Washington is worried that Russian oil products were sent to the US from India,...
German hunt for Middle Eastern gas fails – media
Germany has failed to deliver on promises of LNG supplies from Qatar, Deutsche Wirtschaftsnachrichten...
US faces shortage of ketchup – Bloomberg
Drought and rising fuel and fertilizer prices could lead to a shortage of tomatoes...
