Economy & Business

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Russian tycoon expects EU to cave in on gas purchases

Russian tycoon expects EU to cave in on gas purchases

Businessman Oleg Deripaska expects EU nations to start seeking a compromise on gas...

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Sanctioned Russian lenders enjoyed ‘highly successful’ year – top banker

Sanctioned Russian lenders enjoyed ‘highly successful’...

Russian banks have withstood Western sanctions and have had a very profitable 2023,...

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Gold price hits six-month high

Gold price hits six-month high

The price of gold has hit its highest since May, hovering above $2,000 per ounce...

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War with Hamas damaging Israel’s economy – Moody’s

War with Hamas damaging Israel’s economy – Moody’s

The Israeli economy is set to face multiple shocks from reduced investment, a disrupted...

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EU states divided on Russia sanctions - Bloomberg

EU states divided on Russia sanctions - Bloomberg

A group of the largest EU states have reportedly raised concerns about proposals...

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EU at risk of another energy crisis – media

EU at risk of another energy crisis – media

Growing global uncertainty could push natural gas prices to record highs this winter,...

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Major oil transporters succumb to anti-Russian sanctions – Reuters

Major oil transporters succumb to anti-Russian sanctions...

Three Greek shipping firms have refused to carry Russian seaborne crude in order...

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EU nation resumes purchases of Russian gas

EU nation resumes purchases of Russian gas

The Czech Republic has been purchasing Russian gas since October despite pledges...

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World facing ‘debt tsunami’ – Bloomberg

World facing ‘debt tsunami’ – Bloomberg

Soaring government debt issuance is a threat to global growth, according to a Bloomberg...

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European country imports ‘banned’ Russian gold

European country imports ‘banned’ Russian gold

Switzerland reportedly imported sanctioned Russian gold worth $875 million in October...

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Cocoa prices near 50-year highs

Cocoa prices near 50-year highs

Prices for cocoa beans have surged to their highest level in more than four decades...

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British household debt to balloon – report

British household debt to balloon – report

UK families are facing a growing debt burden as cost-of-living pressure mounts Read...

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Russia finds new whisky supplier

Russia finds new whisky supplier

China has ramped up export of whisky to Russia in the wake of departure of some...

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EU state to secure energy supplies with Türkiye

EU state to secure energy supplies with Türkiye

Hungarian FM Peter Szijjarto has said Budapest is planning to sign a contract with...

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Israel leaving Gaza economy in ruins – CNBC

Israel leaving Gaza economy in ruins – CNBC

The war with Israel has deprived Gaza of access to Israel’s labor market, its only...

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Russia sets new record for gas deliveries to China

Russia sets new record for gas deliveries to China

Russia’s energy major, Gazprom, says a new record for daily gas deliveries to China...