Economy & Business

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UK likely in recession – data

UK likely in recession – data

Britain is at risk of an economic downturn after growth was revised down Read Full...

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Germans spending less this Christmas – retail association

Germans spending less this Christmas – retail association

German consumer sentiment is dipping due to economic uncertainty, retail calculations...

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Red wine losing appeal in Russia

Red wine losing appeal in Russia

Russians are switching from red wine to white and rosé, the food quality watchdog...

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Share of yuan in global payments rising – SWIFT

Share of yuan in global payments rising – SWIFT

The Chinese yuan has surged past the Japanese yen as the fourth most used currency...

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China seeks exemption from US sanctions for Russian LNG – Reuters

China seeks exemption from US sanctions for Russian LNG...

China’s CNOOC and CNPC have reportedly asked the US government to exempt a Russian...

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Germany equates Russia to Seychelles

Germany equates Russia to Seychelles

Berlin has added Russia to the list of countries considered tax havens, according...

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Ocean freight rates skyrocket – CNBC

Ocean freight rates skyrocket – CNBC

Shipping companies have been rerouting billions worth of cargo away from the Red...

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Russia's key ally to hike rates for oil transit to EU

Russia's key ally to hike rates for oil transit to EU

Belarus plans to raise the tariff for the transit of Russian crude by 10% in 2024...

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Russia rules the waves: While the West is suffering losses from maritime trade, Moscow's volume is increasing

Russia rules the waves: While the West is suffering losses...

Attacks on ships navigating the vital Red Sea route could reshape the balance of...

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German businesses in bad mood – survey

German businesses in bad mood – survey

The German economy will continue to contract in the second half of 2023 with the...

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US threatens to cut off international banks over Russia ties

US threatens to cut off international banks over Russia...

A new White House executive order targets lenders outside US and EU jurisdictions...

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Russian oil imports by NATO state hit historic high

Russian oil imports by NATO state hit historic high

Türkiye has been boosting purchases of discounted crude and refined products from...

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US sanctions Russian fish

US sanctions Russian fish

The US Treasury Department has prohibited imports of Russian salmon, cod, pollock,...

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Disney’s woke virus threatens US movie industry

Disney’s woke virus threatens US movie industry

The Walt Disney Company’s dramatic stock drop has coincided with the entertainment...

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Argentina unveils ‘shock therapy’ reforms

Argentina unveils ‘shock therapy’ reforms

Argentine President Javier Milei has outlined sweeping reforms including the privatization...

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Crypto pressure on Russians will increase – ex-Binance boss

Crypto pressure on Russians will increase – ex-Binance...

The US will reportedly continue to tighten the squeeze on Russian cryptocurrency...