Business News

Close Putin ally to join tech giant
Yandex is set to undergo a major restructuring, with Alexey Kudrin expected to take a leading position in the company
Nov 25, 2022 17:24
EU fails to reach agreement on Russian oil price cap – Bloomberg
Attempts to agree a deal have stalled as some member states called it “too generous” to Moscow
Nov 25, 2022 16:58
EU gas prices rise as winter approaches
Member states are tapping into energy reserves as demand for heating grows, the media report
Nov 25, 2022 14:37
World shifting from West to East – BRICS forum president to RT
The trade bloc offers a new model of growth entailing equal rights and opportunities for members, Purnima Anand says
Nov 25, 2022 13:08
Russia mulls swapping frozen assets – finance minister
An exchange with the West is “theoretically” possible, according to Anton Siluanov
Nov 25, 2022 12:49
Dutch families facing higher energy bills – media
Association of homeowners urges the government to prevent tariffs from becoming unaffordable
Nov 25, 2022 10:29
Canadians paying for Ukraine's gas – Kiev
The announcement comes as many households in Canada are struggling to pay their energy bills
Nov 25, 2022 08:26
Germany plans to slap energy firms with more tax – Reuters
The levy will reportedly apply to profits that are 20% above the average of the previous three years
Nov 25, 2022 05:54
UK regulator raises electricity price cap
Annual energy bills for British households would hit about $5,200 without emergency support, according to Ofgem
Nov 25, 2022 05:26
Putin offers tax incentives for use of domestic technology
Companies adopting Russian software will receive government support, according to the president
Nov 24, 2022 16:10
Estonia warns it will veto EU price cap on Russian oil
The proposed $65-$70 per barrel limit has been called “too generous” for Moscow by Poland and the Baltic states
Nov 24, 2022 15:44
EU fails to agree on gas price cap – Hungary
Foreign Minister Peter Szijjarto says the measure is seen by many as a misguided intervention in the natural gas market
Nov 24, 2022 14:31
French economy at risk due to rising gas prices – energy minister
The country is calling for a long-term solution and says fuel-price cap will have little effect
Nov 24, 2022 14:21
Russia warns it will withdraw oil supplies to ‘price cap’ countries
Nations that join the cartel of buyers won’t get any crude from Moscow, the Foreign Ministry insists
Nov 24, 2022 13:46
OECD predicts how 'energy shock' will affect Eurozone
Group warns of a "period of pronounced weakness" in the single-currency area
Nov 24, 2022 11:57
Iconic Soviet car brand makes a comeback
Assembly of new gasoline and electric Moskvich vehicles has begun at a plant in Moscow
Nov 24, 2022 09:29
German gas giant seeks $53 billion bailout – Reuters
The government is rushing to rescue Uniper to avoid a domino effect across the country’s energy sector
Nov 24, 2022 06:58
EU prepares for state aid competition with US – Politico
European industry may lose to American firms that receive direct support, the news outlet reports
Nov 24, 2022 06:46
EU talks on Russian oil cap stalled
Brussels’ decision to water down the proposed cap reportedly did not help bridge differences
Nov 23, 2022 20:36
Ukraine halts Russian oil transit to EU – Transneft
Supplies via the 'Druzhba' pipeline have been suspended, the energy company says
Nov 23, 2022 15:42
EU claims to have fully replaced Russian gas
The bloc has been importing LNG as well as pipeline gas from other suppliers, its energy commissioner says
Nov 23, 2022 15:20
Proposed Russian oil price cap revealed
The G7 is reportedly considering setting a price ceiling in the range of $65-70 per barrel
Nov 23, 2022 15:06
China secretly hoarding gold – media
Countries are expanding their bullion holdings after the West froze Russian reserves, analysts say
Nov 23, 2022 13:54
UK debt soars due to energy support measures
The scheme to aid businesses and families is proving costly for the government, latest data shows
Nov 23, 2022 13:26

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