Business News
Business life in Russia and around the world. Most recent news, articles, videos and commentaries.
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31.10.20220 13
Eurozone inflation surges to record high
Financial conditions are worsening rapidly with some nations facing price growth of more than 20%, official data shows © Getty…
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31.10.20220 10
Troubled Swiss lender to axe thousands of jobs
Credit Suisse is planning a major overhaul aimed at restoring the bank’s credibility © Getty Images / EThamPhoto Swiss banking giant…
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31.10.20220 12
Germany’s inflation worse than expected
A preliminary forecast points to a double-digit level for the second straight month © Getty Images/Joos Mind Inflation in Germany…
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31.10.20220 8
World’s biggest carmaker goes back to basics
Toyota customers will reportedly receive a mechanical key instead of a “smart” one due to a semiconductor shortage © Getty…
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BASF says it plans to trim costs by up to 10% and cut jobs © China Photos/Getty Images The world’s…
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Finance Minister Christian Lindner calls for natural gas to be sourced in Germany using fracking © Getty Images / picture alliance…
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30.10.20220 14
LNG ships waiting for higher EU prices to unload – Reuters
A glut of tankers are reportedly floating off the Spanish coast as a result of the trading strategy © Siese…
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The Finnish grid operator says rolling blackouts are necessary to avoid a large-scale disaster © Getty Images / ArtMarie If Finland…
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30.10.20220 8
Russia and China can shatter dollar dominance – diplomat
The two nations have been promoting settlements in national currencies © Getty Images / Steven Puetzer The transition to trade in…
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30.10.20220 10
Italian inflation expected to hit double digits
Preliminary data indicates the highest consumer price increase in decades © Mike Kemp/In Pictures via Getty Images Inflation in Italy…