Business News
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11.10.20220 122
US taking advantage of EU energy crisis – Paris
Washington is selling gas to the EU for four times what it charges at home, the French finance minister says…
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11.10.20220 119
IMF and World Bank sound alarm over recession
The global economy is slowing down and growth may completely stall next year, both institutions claim © Getty Images / Jaromir…
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11.10.20220 126
Indian banks shun rupee trade with Russia – Reuters
Some small lenders have adopted settlement in the national currency, but large ones are wary of Western penalties © Avishek…
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10.10.20220 123
Russia may redirect EU coal supply
Around 25 million tons of the commodity destined for the bloc could be shipped east instead, a deputy PM has…
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10.10.20220 125
Ukraine grain deal may go bust – Bloomberg
Monday’s Russian strikes on the country have driven up wheat prices, with experts now concerned about the grain deal’s fate…
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10.10.20220 128
Major Russian bank winds down Swiss business – top official
Operations will be referred to external banking partners, Gazprombank chairman says © Getty Images/assalve Gazprombank will cease operations in Switzerland…
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10.10.20220 129
Hungary and Serbia agree on new route for Russian oil supply
The two countries will build a pipeline to plug into the Druzhba energy network, Budapest says Hungarian Oil and Gas…
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10.10.20220 126
EU calls for ‘stress test’ of critical energy infrastructure
The recent acts of sabotage on the Nord Stream pipelines show the vulnerability of the bloc, the European Commission says…
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10.10.20220 127
Gas prices in Europe drop to three-month low
November futures on the Dutch TTF hub slumped on warmer-than-expected weather and increased LNG shipments © Getty Images / teh_z1b /…
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Energy major TotalEnergies has agreed to speed up wage talks with workers to avoid a supply crisis FILE PHOTO © Getty…