Business News
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08.08.20230 105
EU state’s shock windfall tax sends bank shares plummeting
Italy has unexpectedly approved a 40% levy on lenders’ “excess” profits this year © Getty Images / Maria Vonotna The Italian…
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08.08.20230 104
UK food prices may never fall – Bank of England
Soaring costs for basic essentials have led to a decline in British living standards © Getty Images / Fascinadora Surging inflation…
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08.08.20230 111
Aramco boss forecasts strong China oil demand
Crude prices have soared following the extension of output cuts by top OPEC+ producers Saudi Arabia and Russia Saudi Aramco…
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Economic relations between the two countries have been on upward curve, according to Dmitry Dogadkin © Getty Images / hasan zaidi…
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08.08.20230 107
US targets Indian jewelers over Russian diamond allegations
Around $26 million in transfers has been stalled as a result of the measures © Getty Images / Scott Kleinman US…
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07.08.20230 109
Russia’s pipeline gas exports in decline – media
Sales to foreign customers are expected to be down significantly for the second consecutive year, RBK reports © Sputnik / Dmytry…
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The national electronic currency was unveiled by the central bank in late 2020 and became operational this month © Getty Images…
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07.08.20230 104
Western firms take $110 billion hit from Russia sanctions – FT
Energy and utility groups account for more than half of the lost earnings, the paper’s analysis shows © Getty Images /…
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07.08.20230 104
Ruble weakens to 16-month low
The drop is being attributed to a decrease in foreign currency supply and a changing trade balance © Getty Images /…
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07.08.20230 97
Oil prices soar to four-month highs
The surge comes amid extended production cuts by Saudi Arabia and Russia © Getty Images / IgorSPb Major global oil benchmarks…