Business News
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20.08.20220 136
Financial giants slash China’s GDP outlook
Goldman Sachs and Nomura see limited prospects amid a power supply crunch and growing economic uncertainty © Getty Images / Edwin…
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19.08.20220 127
Russia’s energy export revenues forecast to soar
Earnings are expected to reach $337.5 billion this year, Reuters reports © Getty Images / Bloomberg Creative Russia will see a…
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19.08.20220 122
British consumer confidence slumps to record low
The country’s major purchase index is in freefall as food and energy costs weigh on households © Getty Images / Stephen…
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19.08.20220 129
Russian operator takes over Sakhalin-2 LNG project
The state acquisition is aimed at consolidating control of Russian energy assets and comes in response to Western sanctions © Getty…
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19.08.20220 145
Russian gas transit to EU via Nord Stream to be halted – Gazprom
A three-day stoppage for repairs will begin on August 31, the Russian energy major says Russian energy giant Gazprom announced…
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19.08.20220 153
Afghanistan offers raisins for Russian oil
Kabul wants to launch barter trade with Moscow, according to RIA Novosti © Getty Images / Jürgen Wiesler Afghanistan wants to…
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19.08.20220 134
Stranded Russian turbine offered emotional support
Siemens wants to create a Spotify playlist for the Nord Stream pipeline’s lonely gas-pumping unit Nord Stream gas turbine © Getty…
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19.08.20220 121
Germany at risk of deindustrialization – Bloomberg
Soaring power prices may trigger an exodus of factories from the country © Getty Images / ewg3D A large-scale power crunch…
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19.08.20220 123
Commodity firms buckling under energy crisis – Bloomberg
Metals, fertilizer sectors are struggling as energy costs surge, says report © Getty Images / Tanong Abhivadanasiri The worsening energy crisis…
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19.08.20220 123
More EU firms face bankruptcy – Eurostat
The number of petitions for insolvency has grown for a fourth consecutive quarter © Getty Images / Bill Varie The number…