Business News

EU country’s economy shrinking
Finland’s GDP decreased by 0.3% in July through September from the previous quarter, official data shows
Dec 1, 2022 16:09
EU has no legal way to seize Russian assets – officials
Brussels still hopes to use the frozen funds to finance Ukraine, the Wall Street Journal reports
Dec 1, 2022 14:30
EU seeks lower price cap for Russian oil – Bloomberg
The bloc wants a compromise to allow Moscow sell its crude for $60 a barrel
Dec 1, 2022 12:21
FTX founder denies fraud
Sam Bankman-Fried claims he didn't steal customer funds while at the helm of his now-defunct cryptocurrency exchange
Dec 1, 2022 11:44
Inflation in France remains at historic high – report
November consumer prices in the EU’s second-largest economy jumped 7.1% from a year ago, official statistics show
Dec 1, 2022 07:00
Germany's jobless count keeps rising, data shows
Unemployment claims in the EU’s economic powerhouse topped 2.5 million in November, labor agency says
Dec 1, 2022 06:49
Western Europe facing Russian diesel problem – Bloomberg
Moscow is still by far the region’s biggest supplier despite a looming embargo
Nov 30, 2022 16:51
German energy giant sues Russia’s Gazprom
Uniper seeks billions in compensation for halted energy supplies
Nov 30, 2022 15:58
Elon Musk fed up with the Fed
The Tesla CEO has called for an ‘immediate’ rate cut to prevent a recession
Nov 30, 2022 14:58
Russian coal exports shift to China
Shipments top 50 million tons in the first ten months this year, according to the head of Rosneft
Nov 30, 2022 12:40
EU wants to cash in Russia's frozen assets
Brussels claims it will use proceeds of what it confiscates to rebuild Ukraine
Nov 30, 2022 12:00
Books to replace toys in Russian ‘Happy Meals’
Re-branded McDonald’s restaurants will roll out their own version of ‘Kids Combos’ in several Russian cities
Nov 30, 2022 10:36
China wants more Russian gas – CNPC
Energy major calls for deliveries via the Power of Siberia mega pipeline to be increased
Nov 30, 2022 06:47
Austrian grocers to hand out food rations during blackouts
The emergency plan aims to provide critical supplies for citizens in the event of mass power cuts
Nov 30, 2022 06:07
UK kicks China out of nuclear project
It will cost British taxpayers £700 million to buy out the Chinese stake in the Sizewell C nuclear plant
Nov 29, 2022 16:43
Germany has no alternatives to Russian gas – MP
Berlin’s new LNG contract with Qatar will not be enough to replace imports from Moscow, says Klaus Ernst
Nov 29, 2022 15:02
Russia pushing for ‘gas union’ in Central Asia
An alliance is needed to coordinate supplies, and may benefit the countries’ energy exports, officials say
Nov 29, 2022 13:54
Downturn in Eurozone will worsen, warns Lagarde
Inflation across the bloc likely hasn’t peaked, according to the European Central Bank
Nov 29, 2022 12:41
Russian oil keeps flowing amid EU price cap uncertainty – Bloomberg
The country’s seaborne crude exports are reportedly rising with sanctions just a week away
Nov 29, 2022 12:17
Russia and China have plan to bypass SWIFT – Moscow
The trade partners have been boosting transactions in national currencies, according to Aleksandr Novak
Nov 29, 2022 11:19
India sets new landmark for Russian oil purchases
New Delhi became the biggest Urals grade crude buyer in November
Nov 29, 2022 09:20
Iran looks to enter Russian car market
Automakers plan to supply vehicles to Moscow after the exodus of foreign brands
Nov 29, 2022 06:40
Italy to impose new tax on energy companies – Reuters
The levy will reportedly apply to excess revenues from surging fuel costs
Nov 29, 2022 06:08
EU states fail to agree on Russian oil price cap – Reuters
Poland reportedly considers the currently proposed ceiling insufficiently punitive
Nov 28, 2022 22:24

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