Business News

British oil giant predicts shift to clean energy
BP expects a sharp decline in the demand for fossil fuels after 2030
Jan 31, 2023 05:25
Polish economy slows as Ukraine conflict drags on
The country’s GDP growth decelerated to 4.9% in 2022, official statistics show
Jan 30, 2023 15:16
US allies join export curbs on China – AP
Japan and the Netherlands have reportedly bowed to pressure from Washington on tighter supply controls for microchips
Jan 30, 2023 13:49
Türkiye pins hopes on Black Sea gas
The country may slash its gas imports by a quarter if a massive new deposit pans out
Jan 30, 2023 12:16
Russia becomes Iran’s biggest investor – official
A senior Iranian official says Moscow has poured nearly $3 billion into oil projects in a little more than a year
Jan 30, 2023 11:27
World’s top-selling carmaker revealed
Toyota beat rival Volkswagen, selling over 10 million vehicles in 2022, according to company data
Jan 30, 2023 09:21
Germany warns of ‘technical’ recession
The government has upgraded the economic outlook, but the finance minister says a contraction is still likely in the short term
Jan 30, 2023 06:00
China’s smartphone sales drop to decade low – report
Shipments fell 14% year-on-year, a research firm says
Jan 30, 2023 05:14
Europe’s once-largest regional airline collapses
The UK’s Flybe has entered administration due to insolvency, the company announced
Jan 29, 2023 13:10
Americans warned of financial ‘catastrophe’
The country faces a recession if it defaults on its debt, the Treasury secretary has said
Jan 29, 2023 11:33
Energy giant warns of tight market in 2023
The shortage of Russian gas flows to the EU has already led to supply constraints in the LNG market, the TotalEnergies CEO says
Jan 29, 2023 09:12
Russian-born billionaire becomes UK’s top taxpayer
Alexander Gerko paid more than $600 million to the British state last year, outpacing gambling magnate Denise Coates
Jan 29, 2023 06:00
Norway reveals massive mineral discovery
The Nordic state has reportedly found vast amount of metals and minerals on its continental shelf
Jan 29, 2023 05:26
China enters top three in global vehicle exports – Bloomberg
Overseas shipments of domestically made cars have tripled over the past three years
Jan 28, 2023 15:32
Spotify joins tech layoff trend
The music-streaming giant will cut 6% of its workforce
Jan 28, 2023 11:38
Price cap range for Russian diesel agreed – Bloomberg
The EU and G7 are still discussing the exact level in hope of avoiding major global market disruptions
Jan 28, 2023 08:47
UN warns about Turkish inflation
The country’s program to slash interest rates sent prices to a 24-year high last year
Jan 28, 2023 05:49
Belgium won’t back EU ban on Russian diamonds – official
Prime Minister Alexander De Croo says the measure is pointless
Jan 28, 2023 05:30
Russian oil transfers at sea surge as freight costs rise – Bloomberg
A record 14 million barrels of seaborne oil have been reloaded this month and sent to Asia, the news agency reports
Jan 27, 2023 16:31
EU has second thoughts on duty-free food from Ukraine – media
The bloc claims that the influx of goods from the country undermines regional trade
Jan 27, 2023 14:18
Japan expands anti-Russia sanctions
Tokyo will prohibit supplies of semiconductors, robots and gas exploration equipment
Jan 27, 2023 12:00
EU claims to have found way to access frozen Russian funds – Bloomberg
Brussels reportedly wants to use the seized assets to rebuild Ukraine
Jan 27, 2023 11:17
EU member to block sanctions on Russian nuclear industry – PM
Hungarian Prime Minister Viktor Orban has said new penalties will only accelerate inflation
Jan 27, 2023 09:57
US imposes sanctions on Russian deputy prime minister
The updated blacklist also targets the businesses of Russian billionaire and nickel magnate Vladimir Potanin
Jan 27, 2023 07:11

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