Business News
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The assumption that China will eventually overtake the US as the world’s largest economy now seems less certain, Eswar Prasad…
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26.01.20240 84
Red Sea crisis could reignite inflation – media
Prolonged Houthi attacks on ships risk devastating effects on the global economy, according to OilPrice © Getty Images / Tippapatt Higher…
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The country’s revenues from the sector exceeded $45 billion in 2023, preliminary data shows © Getty Images / Andrey Iudin Russia…
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26.01.20240 101
UK insured $130 billion worth of Russian crude – CREA
Around 33% of all seaborne oil exports from the sanctioned country have been transported on tankers with British insurance, a…
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25.01.20240 67
World’s most valuable company announces job cuts
Microsoft will lay off 8% of the workers at its gaming unit © Emanuele Cremaschi/Getty Images Microsoft is cutting around…
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25.01.20240 76
Railway strike threatens German economy – Deutsche Bahn
The union’s fourth work stoppage since November kicked off on Tuesday and is set to last six days Frankfurt am…
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25.01.20240 81
Russia reveals progress on new gas pipeline project to China
The preliminary analysis for Power of Siberia 2 has already been carried out, Aleksandr Novak has said © Getty…
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25.01.20240 81
Electric cars will not dominate global market – Toyota boss
Drivers rather than regulators or politicians should decide which vehicles they choose, Akio Toyoda has said © Getty Images /…
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25.01.20240 78
Saudi Arabia opens first liquor store – media
The shop is located in the capital Riyadh and will serve only non-Muslim diplomats © Getty Images / Aleksei Kudriavtsev Saudi…
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25.01.20240 102
Ukraine ‘open’ to Russian gas transit – Slovakia
The current transit deal is due to expire at the end of this year but Bratislava is negotiating to extend…