Economy & Business

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Germany urges Russia to take back turbine

Germany urges Russia to take back turbine

Berlin has urged Moscow to accept the repaired Nord Stream 1 turbine and to restore...

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Russia and Turkey reach deal to ditch dollar in trade

Russia and Turkey reach deal to ditch dollar in trade

Moscow and Ankara have reached an agreement on paying for Russian natural gas in...

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Swiss warned of possible winter energy shortages

Swiss warned of possible winter energy shortages

Swiss officials warn they may impose restrictions on energy consumption this winter...

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Britons struggling to pay energy bills – Bloomberg

Britons struggling to pay energy bills – Bloomberg

Energy debts in Britain have ballooned to record highs and are set to grow further...

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Musk explains reason for selling Tesla stock

Musk explains reason for selling Tesla stock

Elon Musk has sold another 7.92 million Tesla shares, worth $6.88 billion, in case...

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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...