Business

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Economic fragmentation to hurt global growth – IMF

Economic fragmentation to hurt global growth – IMF

World’s economic growth is reportedly at risk due to growing divisions between the...

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Russia to undergo economic transition – deputy PM

Russia to undergo economic transition – deputy PM

Transforming Russia’s economy to be more supply-driven will boost GDP and promote...

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EU agrees to tap Russian assets to arm Ukraine

EU agrees to tap Russian assets to arm Ukraine

EU countries have agreed on the expropriation of billions in profits from frozen...

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EU suggests new option to tap Russian money – Politico

EU suggests new option to tap Russian money – Politico

The EU will exempt neutral member states from using the proceeds from frozen Russian...

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TikTok sues US government

TikTok sues US government

The company aims to block a US law that could force a nationwide ban of the popular...

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Russian luxury car brand takes over major Toyota plant

Russian luxury car brand takes over major Toyota plant

The former plant of Japanese automaker Toyota in St. Petersburg has been handed...

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China causing de-industrialization in EU – von der Leyen

China causing de-industrialization in EU – von der Leyen

European Commission President Ursula von der Leyen is set to discuss trade imbalances...

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China’s Xi visits EU to avert trade war – media

China’s Xi visits EU to avert trade war – media

The Chinese leader has met with EU officials to discuss strained economic ties Read...

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Ukraine’s creditors want their money back – WSJ

Ukraine’s creditors want their money back – WSJ

Foreign bondholders want Kiev to resume making interest payments as soon as next...

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G20 members lobby EU against seizing Russian assets – FT

G20 members lobby EU against seizing Russian assets – FT

Saudi Arabia and Indonesia have been urging the EU to halt Russian-asset confiscation...

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Russian gas giant posts first loss since 1990s

Russian gas giant posts first loss since 1990s

Russian gas giant posts first loss since 1999 after drop in revenues amid lower...

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Top EU bank sets timescale for promised Russia exit

Top EU bank sets timescale for promised Russia exit

Raiffeisen Bank will start its withdrawal from Russia in the third quarter of 2024...

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G20 members lobby EU against seizure of Russian assets – FT

G20 members lobby EU against seizure of Russian assets...

Saudi Arabia and Indonesia have been urging the EU to halt Russian-asset confiscation...

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Russian gas giant posts first loss in quarter century

Russian gas giant posts first loss in quarter century

Russian gas giant posts first loss since 1999 after drop in revenues amid lower...

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British sanctions failing to harm Russia – UK MP

British sanctions failing to harm Russia – UK MP

UK sanctions on Russia have failed to “cause real trouble” for the country’s economy,...

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Tesla stock soars on China deal rumors

Tesla stock soars on China deal rumors

Tesla CEO Elon Musk has reportedly taken steps toward bringing autopilot software...