Economy & Business

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Russia and Iran to integrate payment systems – Lavrov

Russia and Iran to integrate payment systems – Lavrov

Russia’s Mir and Iran’s Shetab payment systems will be integrated in the near future,...

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Russia has enough gas for at least 100 years – Gazprom

Russia has enough gas for at least 100 years – Gazprom

Gazprom has announced that Russian natural gas reserves could last for another hundred...

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Eurozone inflation hits record high

Eurozone inflation hits record high

Inflation in the Eurozone soared to a record high in August, driven by food and...

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Gazprom shares rally on huge profits report

Gazprom shares rally on huge profits report

Gazprom shares surged after the company’s board recommended paying dividends for...

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European gas prices surge as Russia reduces supplies

European gas prices surge as Russia reduces supplies

European gas prices jumped 5.5% after Russia’s Gazprom shut down supplies via the...

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Russia halts gas deliveries via Nord Stream 1

Russia halts gas deliveries via Nord Stream 1

Russia has temporarily halted the delivery of gas to Europe via the Nord Stream...

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EU turns to China for surplus LNG – FT

EU turns to China for surplus LNG – FT

The EU is stocking up on energy reserves with surplus LNG that China has been reselling...

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UK credit card borrowing soars – Guardian

UK credit card borrowing soars – Guardian

Credit card borrowing in the UK has accelerated at the fastest yearly rate since...

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Iran allows crypto payments for imports

Iran allows crypto payments for imports

Iranian businesses have the green light to use cryptocurrency for imports, which...

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Ryanair will ‘grow stronger in a recession’, says CEO

Ryanair will ‘grow stronger in a recession’, says CEO

Ryanair CEO Michael O’Leary told reporters that his rivals will suffer more in a...

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Russia cuts off gas supply to French energy giant

Russia cuts off gas supply to French energy giant

Gazprom has announced it will halt supplies to Engie following the French company’s...

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UK inflation may top 22% next year – Goldman Sachs

UK inflation may top 22% next year – Goldman Sachs

Inflation in the UK could surge to historic highs next year if gas prices continue...

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Gazprom confirms Nord Stream shutdown

Gazprom confirms Nord Stream shutdown

Russian gas supply to the EU via the Nord Stream 1 pipeline will be halted from...

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US needs a ‘miracle’ to avoid recession – Stephen Roach

US needs a ‘miracle’ to avoid recession – Stephen Roach

The US economy is battered and needs a miracle to avert recession, according to...

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EU country hit by worst inflation since 1970s

EU country hit by worst inflation since 1970s

Consumer prices in Belgium have spiked the most since the 1970s, data from the country’s...

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France accuses Russia of using gas as ‘weapon of war’

France accuses Russia of using gas as ‘weapon of war’

French energy minister has accused Russia of using gas exports as a weapon and warned...