Business News

Germany suspects ‘targeted attack’ on Russian gas pipeline – media
Berlin suspects the leak that caused Nord Stream to lose pressure may not be a coincidence
Sep 27, 2022 01:28
One in six elderly Germans at risk of poverty – media
A growing number of citizens over the age of 65 have less than 60% of the median income, Funke media group found
Sep 26, 2022 06:36
Thousands of Italian firms on brink of closure – media
Small and medium-sized businesses can’t cope with soaring energy bills, Corriere della Sera reports
Sep 25, 2022 16:08
Brussels could target EU citizens at Russian state firms – media
The measure may be included in the next sanctions package by Brussels
Sep 25, 2022 14:11
Eurozone recession warning issued
The economic downturn across the 19-nation bloc has deepened, says S&P Global
Sep 25, 2022 13:50
Britain seeks to secure American LNG supplies – Bloomberg
European nations are stocking up on gas ahead of winter
Sep 25, 2022 12:19
Nepal offers to trade in national currencies with Russia
The country’s envoy says the mechanism should be similar to the one between Russia and India
Sep 25, 2022 10:58
German firewood prices skyrocket – data
The costs are almost double what they were during the same time last year, Destatis reports
Sep 25, 2022 10:08
UN made Russia sanctions promise – Lavrov
The foreign minister says the UN has assured him that steps are being taken to remove the obstacles
Sep 25, 2022 08:43
Russia’s forex reserves maintain growth
Half of the holdings remain frozen as part of Ukraine-related sanctions
Sep 25, 2022 07:18
EU farmers warn of food shortages – Reuters
Spiraling energy and fertilizer costs are threatening vegetable and fruit production
Sep 25, 2022 06:03
Dollar outpaces euro in global payments
Investors prefer the greenback for transactions amid the EU’s economic crisis, according to SWIFT
Sep 25, 2022 05:37
Billionaire investor warns ‘worst is yet to come’ for US economy
Inflation cannot be cured, Carl Icahn says
Sep 24, 2022 14:33
Turkey mulls barter trade with Russia – media
The mechanism would reportedly involve the exchange of Russian fuel for Turkish goods
Sep 24, 2022 12:59
Russia’s SWIFT alternative spreads at record pace – central bank
The SPFS now includes more than 100 foreign entities from 12 countries
Sep 24, 2022 10:59
Airline ticket prices forecast to climb higher
The industry is facing rising jet fuel costs and post-pandemic financial problems
Sep 24, 2022 09:00
US oil reserves at lowest level in decades – media
The stockpile has been gradually shrinking due to Washington’s attempts to stabilize gasoline prices
Sep 24, 2022 07:43
China won’t run out of coal for 50 years – data
The Ministry of Natural Resources also revealed that the country has enough oil to last for at least 18 years
Sep 24, 2022 05:52
UK sinks deeper into debt
High inflation is driving interest payments to record levels
Sep 24, 2022 05:30
Dow plunges to nearly two-year low
The S&P 500 fell to its lowest level this year, while the Nasdaq is down 20% since March
Sep 23, 2022 20:45
German producers warn of food shortages – Welt
Manufacturers of both frozen and fresh products say they cannot cope with soaring energy costs
Sep 23, 2022 17:00
EU risks ‘wild west’ scenario – energy watchdog
IEA head Fatih Birol warns that member states could abandon solidarity to secure their own gas supplies
Sep 23, 2022 15:03
French firewood prices soaring – media
Growing demand ahead of winter is driving up the cost of heating with renewable resource, BFMTV reports
Sep 23, 2022 15:00
Major automaker to shut down plant in Russia
Toyota will retain after-sale services and a dealer network in the country
Sep 23, 2022 14:29

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