Economy & Business

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EU allows Russia to make payments for oil transit

EU allows Russia to make payments for oil transit

Brussels has allowed Moscow to make direct payments for oil transit to Europe via...

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France faces recession threat – S&P

France faces recession threat – S&P

Energy crisis is hurting EU’s largest economies Germany and France, according to...

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Inflation ‘eats up’ German savings – study

Inflation ‘eats up’ German savings – study

Inflation has depleted the savings Germans managed to accumulate over the past two...

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Russia sues Finland over  nuclear project – media

Russia sues Finland over nuclear project – media

Russia’s Rosatom has sued Finnish company Fennovoima for terminating a contract...

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UK endures largest GDP drop for 300 years – data

UK endures largest GDP drop for 300 years – data

The British economy shrank by 11% in pandemic-plagued 2020, its largest drop in...

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Huge surge in Chinese imports of Russian energy – Bloomberg

Huge surge in Chinese imports of Russian energy – Bloomberg

Chinese imports of Russian energy jumped 75% year on year, Bloomberg reports, citing...

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EU member says euro should be optional

EU member says euro should be optional

Poland proposes giving Eurozone countries the opportunity to return to national...

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Brits to fire up wood stoves to avoid freezing this winter - Telegraph

Brits to fire up wood stoves to avoid freezing this winter...

Sales of firewood in the UK are projected to jump by a fifth this winter as in the...

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UK GDP saw its biggest drop in 300 years – data

UK GDP saw its biggest drop in 300 years – data

The British economy shrank by 11% in pandemic-plagued 2020, its largest drop in...

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Russia, Iran, and Azerbaijan strike deal to ease trade

Russia, Iran, and Azerbaijan strike deal to ease trade

Moscow, Tehran and Baku have signed a memorandum on easing the transit of goods,...

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China boosts Russian energy imports – Bloomberg

China boosts Russian energy imports – Bloomberg

Chinese imports of Russian energy jumped 75% year on year, Bloomberg reports, citing...

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Euro slips below dollar

Euro slips below dollar

The European currency slid below dollar parity for the first time since mid-July...

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EU country says euro should be optional

EU country says euro should be optional

Poland proposes giving Eurozone countries the opportunity to return to national...

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Turkey doubles Russian oil imports – data

Turkey doubles Russian oil imports – data

Ankara has doubled its imports of Russian oil, Refinitiv data showed, according...

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Global coffee prices about to soar – WSJ

Global coffee prices about to soar – WSJ

Reduced production in Brazil may cause a sharp increase in coffee prices around...

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German companies reveal cost of leaving Russia

German companies reveal cost of leaving Russia

German companies reportedly lost billions of euros in the first half of the year...