Economy & Business

bg
Global bankruptcies exceed 2008 level – FT

Global bankruptcies exceed 2008 level – FT

Corporate bankruptcies in most advanced economies are rising at rapid rates as borrowing...

bg
US national debt jumps $2.6 trillion in six months

US national debt jumps $2.6 trillion in six months

Surging public debt is fueling concerns over America’s fiscal health and economic...

bg
Siemens reveals huge Russian exit losses

Siemens reveals huge Russian exit losses

Germany’s Siemens recorded losses of €600 million due to its decision to wind down...

bg
Russia will bypass ‘predictable’ EU diamond sanctions – Kremlin

Russia will bypass ‘predictable’ EU diamond sanctions –...

Russia will find ways to bypass the EU ban on its diamonds, Kremlin spokesman Dmitry...

bg
Russia now biggest export market for Chinese cars – Beijing

Russia now biggest export market for Chinese cars – Beijing

Chinese cars have been winning the Russian auto market amid Western sanctions, ambassador...

bg
Russia and China no longer using dollar in trade – Mishustin

Russia and China no longer using dollar in trade – Mishustin

Russia and China no longer use dollar in trade, says Prime Minister Mikhail Mishustin...

bg
EU state threatens to block fellow member's NATO bid

EU state threatens to block fellow member's NATO bid

Hungary will veto Bulgaria’s entry into the Schengen area unless Sofia scraps its...

bg
Taliban winning war against opium trade – UN

Taliban winning war against opium trade – UN

The Islamist group has succeeded in rooting out opium poppy farming in Afghanistan,...

bg
Russia reveals huge caviar surplus

Russia reveals huge caviar surplus

The production of red caviar in Russia has reached its highest level since 2010...

bg
Russia calls on BRICS to ditch dollar

Russia calls on BRICS to ditch dollar

BRICS member-states should strengthen ties to withstand economic headwinds, Russian...

bg
60% of Russian exports now go to Asia – finance minister

60% of Russian exports now go to Asia – finance minister

Russia is rerouting its foreign trade to Asian markets, with most of its exports...

bg
Record debt levels threaten developing countries – World Bank

Record debt levels threaten developing countries – World...

Developing economies are at risk of a debt crisis and lost decade as interest rates...

bg
EU sets date for Russian diamond ban

EU sets date for Russian diamond ban

The EU has agreed a new sanctions package against Russia, including a ban on the...

bg
Biden cancels UK trade deal – media

Biden cancels UK trade deal – media

The US will not go through with plans for a “foundational” trade agreement with...

bg
American steelmaking giant sold to foreign company

American steelmaking giant sold to foreign company

US Steel agrees to $14.9 billion buyout by Japan’s Nippon Steel months after rejecting...

bg
Taliban winning war against opium trade

Taliban winning war against opium trade

The Islamist group has succeeded in rooting out opium poppy farming in Afghanistan,...