Business News
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21.09.20220 121
Russian economic forecast sharply improves
GDP is now expected to contract 2.9% in 2022, versus 4.2% projected earlier © Getty Images / Jon Hicks The decline…
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21.09.20220 139
Germany nationalizes gas utility to avert energy sector collapse
The government acquires a 98.5% stake in Uniper and plans to inject about €8 billion via a capital boost Uniper’s…
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21.09.20220 125
Berlin to nationalize gas giant – Reuters
Uniper has been asking for a state bailout as it incurs daily losses of €100 million Uniper’s coal-fired power plant…
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Imports by the world’s top energy consumer are expected to grow further © Getty Images / CHUNYIP WONG Chinese energy imports…
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21.09.20220 117
Sanctions to blame for EU diesel price hike – El Pais
Europe is already facing fuel shortages and consumers are being hit by inflation © Getty Images / Bloomberg Creative The looming…
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20.09.20220 134
‘Doctor Doom’ predicts ‘long and ugly’ recession
Renowned economist Nouriel Roubini issues a dire warning as the Fed prepares a fresh interest rate hike Nouriel Roubini © …
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20.09.20220 126
Germany will run out of gas by spring – economy minister
Berlin has enough of the fuel to meet demand for less than three months, says Robert Habeck © Getty Images /…
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20.09.20220 125
Russian nickel giant plans bond issue — media
Norilsk Nickel will reportedly issue ruble and dollar bonds as soon as October © Sputnik / Pavel Lvov Russian mining giant…
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20.09.20220 131
European country makes Russian gas payment
Moldova has paid in full for August supplies, according to a local natural gas distributor © Getty Images / Golib Tolibov…
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20.09.20220 133
Russia mulls windfall tax on energy exporters
The levy will target extra profits made from surging oil and gas prices The Lakhta Center Business Tower, the headquarters…