Economy & Business
UK economy contracts as recession looms
The UK economy shrinks in the second three months of the year as the country’s cost-of-living...
Russia-China trade to reach major milestone
China's ambassador to Russia, Zhang Hanhui, expects trade between the countries...
Worst-performing G7 economy revealed
The United States performed worse than other G7 economies in the second quarter,...
EU in for another winter shock – Reuters
The EU is set to start winter seriously short of diesel fuel in the run-up to an...
Indian banks fear aligning payment system with Russia —...
Indian banks are reluctant to integrate payment messaging systems with Russia for...
Ryanair announces end of an era
Ryanair won’t be offering flights at rock-bottom prices anymore because of the skyrocketing...
Russian oil transit payment beats EU sanctions barrier
Payment has been made for Russian oil transit to the Czech Republic via the Druzhba...
Ukraine urges US to sanction all Russian banks – Bloomberg
Kiev is pushing Washington to sanction all private Russian banks, according to Bloomberg,...
UK annual energy bills likely to soar above £5,000
UK households face average annual energy bills above £5,000 as soon as next year,...
India projected to become Asia’s fastest-growing economy
Morgan Stanley expects India to have the fastest-growing economy in Asia next year,...
Berlin names candidate to negotiate with Moscow
German Chancellor Olaf Scholz says his predecessor Gerhard Schroder could play a...
UK faces steepest real wages drop in a century – report
The UK is facing an unprecedented drop in living standards, a new study shows Read...
Russian oil output could plunge – IEA
Russian oil output may drop 20% by the start of 2023 after an EU import ban comes...
Sales of Chinese smartphones surge in Russia – media
Chinese smartphone makers have gained ground in the Russian market, surpassing Apple...
