Business News
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15.05.20220 164
Egypt assesses impact of Ukraine-related crisis
The North-African nation says Russia-Ukraine conflict has cost the national economy $7 billion © Getty Images / Tammy616 Egypt’s economy has…
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15.05.20220 150
Western banks eyeing asset swaps to exit Russia – media
UniCredit and Citigroup are reportedly trying to avoid bulky write-downs related to quitting Russia over Ukraine © Getty Images /…
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15.05.20220 162
European gas prices forecast to triple
The cost of the fuel on the continent could hit $3,500 per 1,000 cubic meters in winter, Rystad Energy says…
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Rising cost of living in Britain places huge pressure on already stretched health services © Getty Images / deepblue4you The sharp…
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15.05.20220 197
Can the West survive without Russian oil?
Countries pushing for an embargo may not find alternative crude suppliers © Getty Images / Bloomberg Creative The EU and UK…
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14.05.20220 163
One more nation to adopt euro
Croatia is set to become the 20th member of the eurozone © Getty Images / Massimo Borchi/Atlantide Phototravel The Croatian parliament…
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14.05.20220 150
EU eyes gas-price cap – media
Brussels may allow EU members to cap gas prices for consumers in case of Russian supply cut © Getty Images…
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14.05.20220 151
Bulgaria’s natural gas price surges
The price spiked after Sofia rejected Russia’s demand to pay for supplies in rubles © Getty Images / Angelo D’amico /…
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14.05.20220 157
Russia halts electricity supply to Finland
The suspension of power exports to the Nordic state comes after nearly 10 days of nonpayment © Getty Images / Dougal…
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14.05.20220 145
Russian economy stronger than expected – JPMorgan
The Wall Street bank predicts only a moderate recession due to sanctions © Getty Images / Tim Bieber Russia’s economy is…