Economy & Business

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India increases imports of Russian coal

India increases imports of Russian coal

Russia became India’s third largest coal supplier in July, overtaking other major...

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EU state may become major chip maker – Reuters

EU state may become major chip maker – Reuters

US tech major Intel is close to clinching a deal to build a chipmaking factory in...

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Russia tackles ‘toxic’ dollar and euro

Russia tackles ‘toxic’ dollar and euro

Russian companies should convert their dollars and euros into “friendly” currencies...

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Gazprom explains complications in turbine row

Gazprom explains complications in turbine row

Anti-Russian sanctions are hindering the return of a gas turbine from Germany and...

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Kremlin responds to German turbine accusation

Kremlin responds to German turbine accusation

Russia says it wants written guarantees that Western sanctions do not apply to gas...

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UK’s historic rate hike comes with a warning

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%...

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France warns of winter gas cuts

France warns of winter gas cuts

The French government warned on Wednesday that businesses may have to save electricity...

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Tally of major brands which quit Russia revealed

Tally of major brands which quit Russia revealed

Nearly 30% of foreign brands left Russia amid Western sanctions and over half suspended...

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Siemens accuses Gazprom of lying – media

Siemens accuses Gazprom of lying – media

Gazprom’s claim that sanctions make the return of the Nord Stream turbine impossible...

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Britain warned of ‘astronomical’ inflation next year

Britain warned of ‘astronomical’ inflation next year

Inflation will reach “astronomical” levels next year, the Guardian newspaper reported...

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Germany blames Russia for gas turbine impasse

Germany blames Russia for gas turbine impasse

The turbine for the Nord Stream 1 gas pipeline is stuck in transit in Germany as...

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Russian gas giant warns it can’t accept key turbine

Russian gas giant warns it can’t accept key turbine

Western sanctions make the delivery of Nord Stream turbine from Germany to Russia...

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Key refining hub sanctions Russian gold

Key refining hub sanctions Russian gold

Switzerland imposed an embargo on gold from Russia on Wednesday, following an EU...

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Turbine manufacturer explains Russian gas supply shortfall

Turbine manufacturer explains Russian gas supply shortfall

Only one of the five turbines at the Nord Stream 1 pipeline compressor station is...

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Chinese firm's US plans paused over Pelosi – Bloomberg

Chinese firm's US plans paused over Pelosi – Bloomberg

World’s largest battery maker, China’s CATL, will delay US factory plans due to...

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China boosts coal production

China boosts coal production

China’s daily coal output in July jumped 16% from a year earlier after Beijing urged...