Economy & Business

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German companies cut investment plans – survey

German companies cut investment plans – survey

The DIHK business group has downgraded Germany's GDP forecast, predicting a 0.5%...

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Kiev won’t extend gas transit deal with Moscow – Naftogaz

Kiev won’t extend gas transit deal with Moscow – Naftogaz

Kiev has ‘no intention’ to extend the gas transit deal with Moscow that expires...

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Ex-Soviet state to nationalize branch of world’s second-largest steelmaker

Ex-Soviet state to nationalize branch of world’s second-largest...

Astana is finalizing the acquisition of ArcelorMittal’s local business, the government...

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Russian forex reserves growing

Russian forex reserves growing

Moscow has continued adding to foreign exchange reserves in light of Western economic...

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Iran wants to set up regional gas hub

Iran wants to set up regional gas hub

The Shanghai Cooperation Organization should create its own regional gas hub, member...

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Germany's Siemens reveals why it maintains nuclear ties with Russia

Germany's Siemens reveals why it maintains nuclear ties...

Siemens Energy says breaking its Paks-2 nuclear plant deal with Russia’s Rosatom...

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No point in further sanctions against Russia – Hungary

No point in further sanctions against Russia – Hungary

Budapest will not support the EU’s next round of sanctions on Russia if it targets...

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Western arms makers see revenues boom on Ukraine conflict

Western arms makers see revenues boom on Ukraine conflict

Several key defense contractors reported stellar third-quarter earnings on Ukraine...

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Oil prices spike amid Israel incursion

Oil prices spike amid Israel incursion

Crude benchmarks rallied alongside gold and silver on Friday after Israel announced...

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Tough times ahead for US consumers – strategist

Tough times ahead for US consumers – strategist

The US economy will face difficulties due to a substantial labor market downturn,...

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Russia wants to replace Japanese seafood in China

Russia wants to replace Japanese seafood in China

Russia wants to supply seafood to China after Beijing banned Japanese marine products...

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Mexico grants historic tequila license in Russia

Mexico grants historic tequila license in Russia

Russian distillery Crystal is the first in the country to be granted an official...

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Oil, precious metals prices spike amid Israel incursion

Oil, precious metals prices spike amid Israel incursion

Crude benchmarks rallied alongside gold and silver on Friday after Israel announced...

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Gold outperforming stocks – MarketWatch

Gold outperforming stocks – MarketWatch

Investors seeking shelter in gold have pushed prices higher to outgain the S&P 500...

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Bluechip banks to lose billions on Musk-linked debts – WSJ

Bluechip banks to lose billions on Musk-linked debts –...

Major Wall Street banks have been struggling to unload the debt on financing acquisition...

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Young Russians favor jobs in fintech over energy sector – survey

Young Russians favor jobs in fintech over energy sector...

A poll shows that employment in the fintech sector is now the most popular among...