Business News

Eurozone economy slowing down – ECB
Price pressures across the single currency area remain strong, according to Christine Lagarde
Jun 6, 2023 11:33
Tech giant bypasses sanctions to supply Russian market – Kommersant
LG is reportedly exporting devices with Smart TV software from its Polish plant through Belarus
Jun 6, 2023 08:03
Russia planning major high-speed rail expansion
New routes could substantially reduce the travel time between the capital and several major cities
Jun 5, 2023 13:25
EU extends Ukrainian grain ban – minister
The regulation will block deliveries to five member-states until September
Jun 5, 2023 12:27
Saudi pledge pushes oil prices higher
Riyadh has announced a voluntary supply cut of 1 million barrels per day, starting in July
Jun 5, 2023 11:26
Türkiye to hike transit fee through strategic waterways
The cost of passage through the Bosphorus and Dardanelles is set to increase by more than 8%
Jun 5, 2023 10:15
Russian carmaker to start production at former Nissan plant
AvtoVAZ says the St. Petersburg factory will become operational in June
Jun 5, 2023 05:24
Indian imports of Russian oil hit a new record in May
Meanwhile, imports from Saudi Arabia have reportedly dropped to their lowest level since 2021
Jun 5, 2023 05:10
Iran’s trade with BRICS surging – foreign minister
Tehran is looking to join the bloc of five top emerging economies
Jun 4, 2023 13:50
US military spending may drop to lowest level since Cold War era – WSJ
Inflation will wipe out the effect of a recent increase in the defense budget in real terms, the newspaper claims
Jun 4, 2023 10:54
Wave of defaults looming – Deutsche Bank
Aggressive monetary tightening by central banks threatens the global economy, according to strategists
Jun 4, 2023 09:31
Washington averts historic default
President Biden has signed a compromise debt ceiling bill into law
Jun 4, 2023 08:21
E-commerce giant finalizes Russia exit
Germany’s Otto Group had been operating in the country for more than 30 years
Jun 4, 2023 07:29
Russian-Turkish trade booming – official data
The two countries aim to bring annual turnover to $100 billion
Jun 4, 2023 06:47
Russia sets priorities in tackling pressure from West
The national Security Council says it is focused on countering attempts to spark an economic crisis in Russia
Jun 3, 2023 15:09
India boasts world’s fifth-largest stock market – Bloomberg
The South Asian country has overtaken France amid a boost in foreign investment
Jun 3, 2023 13:57
Russian clothing brands filling gaps left by Western rivals – Reuters
The share of foreign apparel firms has dropped significantly in the country’s shopping malls
Jun 3, 2023 10:59
Saudi Arabia reveals trade volumes with BRICS nations
The kingdom’s foreign minister has called for further cooperation with the economic bloc
Jun 3, 2023 10:58
Dutch consumer prices soaring – data
Inflation has risen for two months in a row, the government statistics service has reported
Jun 3, 2023 09:10
Russia makes up 20% of global wheat exports – minister
The country has managed to retain its status as a net supplier despite sanctions, the agriculture minister says
Jun 3, 2023 08:17
India boosts imports of Russian oil
Supplies have surged over the past year, according to the Reserve Bank of India
Jun 3, 2023 06:10
Russian firm taking on Uber in Dubai – Bloomberg
Yango, a local subsidiary of Yandex, is expanding its taxi business in the UAE's largest city
Jun 3, 2023 05:16
Russian oil giant’s profits soar amid sanctions
Rosneft’s first-quarter revenue increased beyond analysts’ expectations
Jun 2, 2023 17:07
Russia still exports more gas to the EU than the UK – data
Moscow has continued to supply Western and Central Europe via Ukraine, Gas Infrastructure Europe data shows
Jun 2, 2023 16:47

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