Business News
-
26.08.20220 135
South Korea seals nuclear deal with Russia
Seoul insists the agreement doesn’t contradict US sanctions policy The head of Rosatom Alexey Likhachev and the Minister of Electric…
-
26.08.20220 132
Norway refuses to cut gas price for Europe
Oslo will not force its firms to sell energy under fixed-price contracts, the petroleum ministry says © Getty Images /…
-
26.08.20220 126
UK energy bills to rise by 80%
The consumer price cap has been hiked to £3,549 per year starting from October © Getty Images / Peter Cade British…
-
26.08.20220 136
Power costs in Germany hit historic highs
Benchmark electricity prices have soared by more than 860% in the last year, according to Bloomberg © Getty Images / Kamil…
-
26.08.20220 126
EU power prices soar to new highs
Brussels may introduce a region-wide electricity price cap © Getty Images / Gary Yeowell Electricity prices in the EU’s day-ahead spot…
-
26.08.20220 120
Russia to broaden scope of national currencies trade
Settlements using the Kazakh tenge, Armenian dram and Kyrgyzstani som will be discussed at the Eurasian Intergovernmental Council © Getty Images…
-
25.08.20220 138
Eurozone already in recession – UBS
The energy crisis has led to the economic downturn, bank economists say © Getty Images / EschCollection The euro area has…
-
25.08.20220 120
Switzerland to slash winter energy consumption – media
The government wants to prepare for possible disruptions to gas supplies from Russia, Swissinfo reports © Getty Images / Jorg Greuel…
-
25.08.20220 142
Major US bank to wind down Russia operations – WSJ
Citigroup is reportedly exiting the country after failing to sell its local units © Getty Images / da-kuk Banking giant Citigroup…
-
25.08.20220 125
India bans wheat flour exports
The measure is aimed at lowering domestic food prices © Getty Images / Polka Dot Images India has approved a policy…