Business News
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31.01.20230 104
US oil giant posts monster profit
Exxon’s 2022 earnings set a historic high for the Western oil industry © Getty Images / Mario Tama US oil major…
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31.01.20230 118
Norway’s wealth fund posts heavy losses
One of the world’s largest investment funds lost over $160 billion in 2022 amid market volatility © Getty Images / Phil…
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31.01.20230 105
Amount of frozen Russian investments revealed
A scheme introduced last year allows companies to issue local ‘replacement’ bonds with ruble settlement to substitute Eurobonds © Oleksii…
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31.01.20230 100
UK economy to perform worse than Russia – IMF
Surging borrowing costs and rising taxes have prompted a sharp growth downgrade © Getty Images/Jason Alden/Bloomberg Britain will have the…
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31.01.20230 109
US targets China’s Huawei with more restrictions – Reuters
Washington has reportedly stopped granting export licenses for the tech company © Getty Images / baona The US government has stopped…
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31.01.20230 108
Warning issued for petrodollar
Refusal to use the greenback for oil payments around the world could undermine the US economy, a former White House…
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31.01.20230 131
Oil price cap will not make a dent in Russia’s revenues – IMF
Moscow has rerouted crude shipments to Asian markets at the expense of Western economies © Getty Images/Monty Rakusen The price…
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31.01.20230 104
Russia’s economic forecast substantially improved
The economy will grow by 0.3% in 2023, according to the IMF, which previously predicted a contraction © Getty Images /…
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31.01.20230 112
British oil giant predicts shift to clean energy
BP expects a sharp decline in the demand for fossil fuels after 2030 © Getty Images / Billy Hustace The conflict…
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31.01.20230 109
Spanish inflation accelerates on higher fuel prices
Price growth jumped to 5.8% in January, due to a further rise in core inflation Madrid, Spain. © AP Photo/Manu…