Economy & Business

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Big brands poke fun at EU country’s corruption scandal

Big brands poke fun at EU country’s corruption scandal

IKEA’s advertising campaign alluding to a government corruption scandal goes viral...

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Boeing’s nosedive: How greed ruined a great American company

Boeing’s nosedive: How greed ruined a great American company

The culture shift at Boeing from engineering to maximizing profit has compromised...

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Foreign tourism in Russia projected to soar

Foreign tourism in Russia projected to soar

A simplified visa-issuance process has reportedly boosted demand for trips to Russia,...

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Top Wall Street banker issues dire warning on US economy

Top Wall Street banker issues dire warning on US economy

Mounting US debt is sending the US economy towards a cliff-edge, JPMorgan Chase...

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Britain steps up power purchases from EU countries – report

Britain steps up power purchases from EU countries – report

With solar and wind farms unable to meet demand, the UK turned to EU countries for...

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Chinese equities see largest weekly inflow in years – Reuters

Chinese equities see largest weekly inflow in years – Reuters

Investors added nearly $12 billion to Chinese equity funds in the week to Wednesday,...

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Houthis attack tanker carrying Russian oil product – reports

Houthis attack tanker carrying Russian oil product – reports

A cargo vessel transporting Russian fuel for Trafigura was struck by a Houthi missile...

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Seizing Russia’s money would endanger euro – Italian central bank

Seizing Russia’s money would endanger euro – Italian central...

Using the euro as a sanctions tool would jeopardize its standing as a global reserve...

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Czechs don’t want to ditch crown for euro – poll

Czechs don’t want to ditch crown for euro – poll

Some 68% of Czechs believe that adopting the euro would have negative consequences,...

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Russian gas output forecast to surge – IEA

Russian gas output forecast to surge – IEA

The International Energy Agency expects gas production in Russia to rise by 4% this...

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More nations consider abandoning dollar – Moscow

More nations consider abandoning dollar – Moscow

Washington’s threats of seizing Russian assets are undermining trust in the American...

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Fuel tanker costs surge on Red Sea crisis – Bloomberg

Fuel tanker costs surge on Red Sea crisis – Bloomberg

Rates for fuel tankers have soared above $100,000 a day due to the disruption of...

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Red Sea crisis could reignite inflation – media

Red Sea crisis could reignite inflation – media

Soaring shipping costs in the face of Houthi attacks have been stoking worries about...

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Israel-linked boycotts hurting US brands in Middle East  – Bloomberg

Israel-linked boycotts hurting US brands in Middle East...

Western restaurants and products are reportedly losing profits in Muslim countries...

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Race for global economic dominance sees ‘striking turn of fortunes’ – ex-IMF official 

Race for global economic dominance sees ‘striking turn...

The US has extended its lead over China as the world’s biggest economy as the latter...

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Russia’s earnings from food exports hit record high – minister

Russia’s earnings from food exports hit record high – minister

Agricultural exports reportedly brought Moscow more than $45 billion in 2023 Read...