Economy & Business
Britain warned of ‘astronomical’ inflation next year
Inflation will reach “astronomical” levels next year, the Guardian newspaper reported...
Germany blames Russia for gas turbine impasse
The turbine for the Nord Stream 1 gas pipeline is stuck in transit in Germany as...
Russian gas giant warns it can’t accept key turbine
Western sanctions make the delivery of Nord Stream turbine from Germany to Russia...
Key refining hub sanctions Russian gold
Switzerland imposed an embargo on gold from Russia on Wednesday, following an EU...
Turbine manufacturer explains Russian gas supply shortfall
Only one of the five turbines at the Nord Stream 1 pipeline compressor station is...
Chinese firm's US plans paused over Pelosi – Bloomberg
World’s largest battery maker, China’s CATL, will delay US factory plans due to...
China boosts coal production
China’s daily coal output in July jumped 16% from a year earlier after Beijing urged...
India’s ‘Warren Buffett’ dies
Billionaire Indian investor and TV celebrity Rakesh Jhunjhunwala died on Sunday...
Surge in EU exports to Russia
EU exports to Russia have been growing for two consecutive months, despite 28% of...
US angry with India over Russian oil
Washington is worried that Russian oil products were sent to the US from India,...
German hunt for Middle Eastern gas fails – media
Germany has failed to deliver on promises of LNG supplies from Qatar, Deutsche Wirtschaftsnachrichten...
US faces shortage of ketchup – Bloomberg
Drought and rising fuel and fertilizer prices could lead to a shortage of tomatoes...
British energy bills forecast to go through the roof
Energy bills in the UK will cost more than two months’ wages in 2023 unless the...
China drills one of world’s deepest oil deposits – media
China has extracted oil from a depth of 8,000 meters at a newly discovered field...
Crimea sets grain harvest record
The head of the Republic of Crimea, Sergey Aksyonov, has said the region has harvested...
Russia boosts gas supply to EU nation
Russia’s Gazprom ramped up gas deliveries to Hungary via TurkStream, a Foreign Ministry...