Economy & Business

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Ship stuck in Suez Canal refloated

Ship stuck in Suez Canal refloated

The bulk carrier Glory has been freed after getting stuck in the Suez Canal, the...

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Oil demand to surge this year – trader

Oil demand to surge this year – trader

Global oil demand could rise in 2023 if the Covid-19 restrictions are completely...

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Eurozone economy forecast to shrink – FT

Eurozone economy forecast to shrink – FT

The Eurozone economy will shrink further in 2023 due to the energy crisis, the Financial...

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Germans urged to keep saving energy

Germans urged to keep saving energy

German residents should continue their efforts to lower energy consumption in order...

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Finns stockpiling firewood – Reuters

Finns stockpiling firewood – Reuters

Finnish citizens have been turning to kindling as an alternative way to heat their...

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World's largest experimental nuclear reactor faces delays

World's largest experimental nuclear reactor faces delays

A flagship international nuclear fusion project may take years to start producing...

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Key Russian ally legalizes digital piracy

Key Russian ally legalizes digital piracy

Belarus has legalized the use of digital content from ‘unfriendly countries’ without...

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Google disputes Android antitrust ruling – Reuters

Google disputes Android antitrust ruling – Reuters

In India's Supreme Court Google has challenged a decision by the antitrust watchdog...

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Risk of US recession increasing – Fed research

Risk of US recession increasing – Fed research

A new study by the St. Louis Federal Reserve Bank reveals heightened risks of the...

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Alibaba co-founder Jack Ma steps further away from business

Alibaba co-founder Jack Ma steps further away from business

Billionaire Jack Ma is giving away control of Alibaba affiliate Ant Group after...

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McDonald’s faces job cuts – media

McDonald’s faces job cuts – media

McDonald’s plans to lay off some of its corporate staff amid restaurant expansion,...

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One-in-four Europeans have trouble heating their home – survey

One-in-four Europeans have trouble heating their home –...

More than 100 million Europeans have problems with home heating and debts for housing...

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More UK retailers risk going bust in 2023 – study

More UK retailers risk going bust in 2023 – study

UK retail collapses could pick up in 2023 as more firms are pushed to the brink...

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Russia’s biggest automaker mulls exports to Africa – deputy PM

Russia’s biggest automaker mulls exports to Africa – deputy...

Russia’s AvtoVAZ aims to expand the export of its vehicles to the African market,...

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Taliban signs oil deal with Chinese firm – Bloomberg

Taliban signs oil deal with Chinese firm – Bloomberg

The Taliban government in Kabul signed an oil extraction deal with a Chinese company,...

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More rate hikes predicted in Eurozone

More rate hikes predicted in Eurozone

Headline inflation in the Eurozone dropped to single digits in December, according...