Economy & Business

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Bank of Russia hikes key interest rate

Bank of Russia hikes key interest rate

The Russian central bank has once again raised its benchmark rate, citing inflationary...

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French diesel demand collapsing

French diesel demand collapsing

The decline in demand for diesel in France suggests the EU’s second-biggest economy...

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Russian machine tool industry looks to restore Soviet-era glory

Russian machine tool industry looks to restore Soviet-era...

Sanctions and military-related orders may help Russia’s machinery sector to become...

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Russian alternative overtakes historic Coca-Cola sales

Russian alternative overtakes historic Coca-Cola sales

US soft-drink giant Coca-Cola has been successfully replaced by a local brand on...

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Germany warns EU about overspending – Bloomberg

Germany warns EU about overspending – Bloomberg

German Chancellor Olaf Scholz has reportedly called on EU members to get serious...

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Largest UK energy producer warns of 70% price rise

Largest UK energy producer warns of 70% price rise

The UK’s biggest power provider has said London should hike the price offered to...

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Ukraine offers to store EU gas 

Ukraine offers to store EU gas 

Kiev can provide the EU with natural gas storage capacities of up to 15 billion...

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G7 to announce Russian diamond ban – Reuters

G7 to announce Russian diamond ban – Reuters

The Group of Seven is expected to announce a ban on imports of Russian diamonds...

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EU states paying three times more for electricity than China – Hungary

EU states paying three times more for electricity than...

The EU’s economic success was for decades based on cheap Russian energy, now the...

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EU country cancels massive fine against Russian gas giant – media

EU country cancels massive fine against Russian gas giant...

A Polish appeals court has reportedly cancelled the antitrust authority’s fine on...

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US government orders tech giant to stop AI chip exports to China

US government orders tech giant to stop AI chip exports...

Washington has sped up the timing for AI chip export curbs to China and has told...

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Russia-China trade heading for new record – customs

Russia-China trade heading for new record – customs

Trade turnover between Russia and China looks set to hit $220 billion this year,...

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US may target Iranian crude – strategist

US may target Iranian crude – strategist

The United States could tighten sanctions on Iran over the Middle East conflict,...

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Russia won’t replenish national wealth fund this year

Russia won’t replenish national wealth fund this year

Additional oil and gas revenue will not be added to Russia’s National Wealth Fund...

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Could the Israel-Hamas conflict drive oil prices to $150 per barrel?

Could the Israel-Hamas conflict drive oil prices to $150...

Escalating regional tensions may lead to global implications Read Full Article at...

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EU state to speed up import ban on Russian oil – media

EU state to speed up import ban on Russian oil – media

Bulgarian lawmakers are reportedly preparing a motion to stop buying Russian oil...