Economy & Business

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Chinese EV maker seeks to dethrone Tesla – media

Chinese EV maker seeks to dethrone Tesla – media

Chinese electric vehicle maker BYD has been challenging US rival Tesla in the EV...

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UK retail sales nosedive – data

UK retail sales nosedive – data

The cost-of-living crisis has forced British consumers to cut back on their spending,...

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Russians snap up homes in EU country despite sanctions – RBK

Russians snap up homes in EU country despite sanctions...

Purchases by Russians of properties in Spain surged by more than 50% in January-June...

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Russia-China de-dollarization almost complete – deputy PM

Russia-China de-dollarization almost complete – deputy...

Moscow and Beijing have almost phased out Western currencies in trade, which is...

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US court backs 1990s Russian oligarchs

US court backs 1990s Russian oligarchs

A US court has rejected Russia’s immunity claim in the Yukos case over $50 billion...

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Argentina won’t join BRICS – newly elected president

Argentina won’t join BRICS – newly elected president

Argentina will not join BRICS, a senior economic advisor to Javier Milei, the Argentinian...

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Argentina’s chainsaw-wielding newly elected president pledges economic ‘shock therapy’

Argentina’s chainsaw-wielding newly elected president pledges...

Newly elected Argentine President Javier Milei has pledged to take radical measures...

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Ukraine reveals size of latest World Bank loan

Ukraine reveals size of latest World Bank loan

The Ukrainian government expects to receive a $1.1 billion loan from the World Bank,...

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Yuan outpacing euro as major trade-funding currency – Reuters    

Yuan outpacing euro as major trade-funding currency – Reuters ...

Global companies are reportedly reaping record profits through yuan-denominated...

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Brits warned of another tough winter ahead

Brits warned of another tough winter ahead

British households are facing higher energy costs in the first three months of 2024...

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Russia ramps up trade with Africa and Asia – customs data

Russia ramps up trade with Africa and Asia – customs data

Moscow has been actively diversifying trade due to Western sanctions, customs data...

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Foreign buyers moving away from US debt – WSJ

Foreign buyers moving away from US debt – WSJ

Foreign investors and central banks currently hold some 30% of US government debt,...

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Bloomberg outlines how Russia has shrugged off sanctions

Bloomberg outlines how Russia has shrugged off sanctions

Russia's growth hit 5.5% in the third quarter as key sectors of the economy recovered,...

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Ukraine reveals size of new international loan

Ukraine reveals size of new international loan

The Ukrainian government expects to receive a $1.1 billion loan from the World Bank,...

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Russian electric SUV launches on domestic market

Russian electric SUV launches on domestic market

Russian EV maker MotorInvest has launched mass production of its latest electric...

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EU state threatens to block new sanctions on Russia

EU state threatens to block new sanctions on Russia

Slovakia will not support banning nuclear fuel supplies from Russia as part of EU...