Business News

US farmers hit by chemical shortages – Reuters
Soaring herbicide prices threaten to reduce harvests, industry experts told the media
Jun 27, 2022 16:09
Ray-Ban mogul who went from orphan to billionaire dies
Leonardo del Vecchio made his fortune by turning an optics workshop into the world’s largest eyewear conglomerate
Jun 27, 2022 14:54
Sri Lanka has barely enough fuel to last one day – media
The government is sending negotiators to Russia to secure additional oil imports
Jun 27, 2022 11:18
Asian country offers to ensure global food security
Vietnam is ready to boost rice exports should India impose a ban, Hanoi says
Jun 27, 2022 11:01
Germany puts brake on G7 Russian gold ban
Chancellor Olaf Scholz says the measure has to be decided by the EU, not the Group of Seven leading Western economies
Jun 27, 2022 09:53
Western media celebrates ‘Russian default’
Moscow settled interest payments in rubles after sanctions blocked it from foreign currency transactions
Jun 27, 2022 02:41
Gold ban will cost Russia $19 billion – US
Despite booming profits for Moscow, the US secretary of state insisted that Western sanctions will hurt the Kremlin soon
Jun 26, 2022 16:51
EU member assesses impact of halting imports from Russia and Belarus
The move would lead to extra costs of at least €860 million for Estonian companies
Jun 26, 2022 15:54
EU steps back into coal age – media
Several members of the bloc have announced emergency plans to boost ‘dirty fuel’ usage amid the shortage of Russian gas
Jun 26, 2022 14:32
Number of foreign businesses planning to leave Russia revealed
Only 4% of German and 3% of Japanese firms say they will cease all operations in the country
Jun 26, 2022 13:42
Global recession risk warning issued
The world economy faces a 50% chance of slowdown, according to Deutsche Bank
Jun 26, 2022 11:31
Energy majors call on the French to save fuel
Industry CEOs say France is at major risk of shortages and soaring prices
Jun 26, 2022 11:11
G7 will reveal plan to ban Russian gold – UK
London says a ban on new Russian gold imports will be announced at the G7 summit
Jun 26, 2022 08:32
Finnair is nearly broke after ban from Russian skies
The airline incurs financial losses from having to fly around the world’s biggest country
Jun 26, 2022 06:05
G7 pressed to make U-turn on fossil fuels – media
Germany wants G7 nations to backtrack on plans to stop financing overseas fossil fuel projects
Jun 25, 2022 15:34
Germany issues gas price warning
The country’s energy regulator says the drop in supplies from Russia may send household bills soaring
Jun 25, 2022 14:21
Russia to keep national debt low — media
It is projected to remain at 16% of GDP, according to TASS news agency
Jun 25, 2022 13:04
Aviation giant makes prediction on future of air travel
Lufthansa says it doesn’t expect air traffic to return to pre-pandemic levels in 2022
Jun 25, 2022 12:41
South American nation wants to join BRICS
President Fernandez says Argentina wants to be a full member of the emerging economies’ alliance
Jun 25, 2022 10:39
EU buying more Russian oil – Bloomberg
Deliveries are reportedly at the highest level in two months despite an EU embargo
Jun 25, 2022 08:50
US banks ask Washington for Russia sanctions workaround – media
A swaps panel has urged the US Treasury to temporarily allow trading in Russian assets
Jun 25, 2022 08:22
US tech giant pledges to leave Russia
Microsoft’s president says the company plans to completely wind down operations in the country due to sanctions
Jun 25, 2022 06:27
US must endure ‘pain’ to fix inflation – IMF
The global lender says the US may have to suffer a recession in order to tame rising prices
Jun 25, 2022 05:44
G7 denies sanctions are causing global food crisis
The group of Western states says Russian agricultural exports are exempted
Jun 24, 2022 16:49

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