Business News
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20.02.20230 123
EU reports wave of bankruptcies
All sectors of the bloc’s economy recorded a spike in defaults last year, official statistics reveal © Getty Images/courtneyk The…
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19.02.20230 133
Mexico cutting foreigners off from its ‘white gold’
The government is planning to nationalize deposits of lithium, which is vital for the production of electric vehicle batteries © Getty…
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19.02.20230 122
Global food giant issues grim warning
Nestle expects prices for staple items to keep on rising in 2023 © Getty Images / Noel Hendrickson The world’s biggest…
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19.02.20230 118
Hungary reveals cost of anti-Russia sanctions
The restrictions have failed to stop the Ukraine conflict, while dealing a severe blow to Europe, PM Viktor Orban says…
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19.02.20230 128
Chinese tourists change travel destinations
A number of countries have imposed flight restrictions and entrance rules aimed exclusively at Beijing © Getty Images / Zero Creatives…
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19.02.20230 116
US no longer attracts world’s rich – study
Inflows of high-net-worth individuals dropped dramatically last year, according to Henley & Partners © Getty Images / REB Images America is…
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19.02.20230 113
Half of Russians no longer need Western brands – survey
A growing number of consumers are turning to domestic manufacturers to replace foreign products after the exit of Western companies…
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18.02.20230 122
EU state ends golden visa era
Portugal scraps right of non-Europeans to claim residency in return for investment © Getty Images / Monique Sieben / EyeEm Portugal’s…
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18.02.20230 111
More countries join Russia’s SWIFT alternative – Central Bank
The system now includes 115 foreign entities from 14 countries © Sputnik/Maria Devakhina Russia’s SPFS interbank messaging system is expanding…
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18.02.20230 124
European electricity giant posts record losses
Electricite de France suffered a net loss of almost €18 billion © Global Look Press / Vincent Isore Electricite de France…