Business News
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23.03.20220 112
Ruble rockets on gas currency switch
Russia unveils domestic payment mechanism for energy exports © Getty Images / FedotovAnatoly The ruble has surged on Wednesday after the…
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23.03.20220 108
Russia’s ruble payment plan leaves European gas buyers confused
Moscow has unveiled a new settlement mechanism for energy exports © Getty Images / scanrail German gas industry group Zukunft Gas…
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The global oil market braces for another supply crisis © Getty Images / TOLGA DOGAN One of the world’s key crude…
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23.03.20220 106
Moscow warns Europe of energy market collapse
Gas prices could top $4,000 per 1,000 cubic meters if Russian imports are banned, according to the former energy minister…
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23.03.20220 116
Russia boosts gas flows to Europe through Ukraine
Moscow pays Kiev for transit in full and in hard currency, Ukraine says © Getty Images / Bet_Noire Russia is…
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23.03.20220 114
Putin wants rubles for Russian gas
The change will affect gas exports to “unfriendly” countries © Getty Images / Dragan Mihajlovic Russia will now accept payment…
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The greenback’s share in the global currency basket could drop © Getty Images / Jed Share Global economies will be rethinking…
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23.03.20220 111
Germans told to drink tap water as prices surge
They are also advised to buy seasonal food and local produce, and watch for discounts © Getty Images / percds German…
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23.03.20220 120
One of Europe’s biggest car plants halts production
The Volkswagen factory in Slovakia is facing supply shortage due to the conflict in Ukraine Workers assemble cars at the…
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Ukraine sanctions target the country’s aviation sector © Sputnik / Mikhail Voskresensky Foreign manufacturers have refused to supply components for Russia’s…