Business News
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16.06.20220 144
US stocks sink to lowest in a year
The market drops to bear territory following the Federal Reserve’s historic rate hike © Getty Images / John M Lund Photography…
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16.06.20220 148
What is the EU’s alternative to Russian gas?
The West is looking to the Eastern Mediterranean to replace supplies from Moscow © Getty Images / Matthias Kulka The European…
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16.06.20220 141
UK food prices could spike at 15% this summer
Grocery industry group expects high inflation to persist into 2023 © Getty Images / Tara Moore Food price inflation in the…
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Vital food supplies will be provided to the nations that need it most, the Ministry of Agriculture says © Getty Images…
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16.06.20220 159
Russia should rethink its export-driven economy – central bank
Elvira Nabiullina wants industry to work for the domestic market and says most capital controls should be scrapped © Getty Images…
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16.06.20220 147
Russia rules out foreign currency ban
People in Russia will not have their foreign currency accounts frozen, the Central Bank governor says © Getty Images / NSA…
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16.06.20220 144
Fed raises interest rates in largest hike since 1990s
The Federal Reserve chief said the rate increase is meant to combat rampant inflation FILE PHOTO: The headquarters of the…
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16.06.20220 133
Germany calls out Russia over ‘political’ gas cut
Russia’s Gazprom has cut its flow via the Nord Stream pipeline, citing technical issues caused by Western sanctions FILE PHOTO.…
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15.06.20220 147
Ukraine offers solution to European gas crisis
Kiev says it’s ready to pump more Russian gas via key transit point © Getty Images / walrusmail Ukrainian gas transmission…
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15.06.20220 163
UAE bans exports of Indian wheat
Abu Dhabi will use grain supply for domestic use only Steve Satushek © Getty Images The United Arab Emirates (UAE) has…