American companies operating in Russia have made direct investments amounting to a total of $96.05 billion, according to the sixth annual joint survey of the
Read more
Category: World Business News
Business News from around the world – 24 hours a day
Gas or gaslighting? Ukraine accuses Russia of weaponizing energy resources
The head of Ukraine’s state-controlled energy corporation Naftogaz is calling on Washington and Berlin to take decisive action against Russia, accusing the country of using
Read more
Poland has no power to veto certification of Nord Stream 2 – Germany
Poland’s energy company PGNiG will not have the right to veto the certification of Russia’s Nord Stream 2 gas pipeline, says German energy regulator Bundesnetzagentur
Read more
Bitcoin crashes after China rules all crypto-related transactions illegal
The People’s Bank of China revived its tough stance on digital currencies on Friday, ruling all crypto-related trading activities illegal and banning overseas crypto exchanges
Read more
Strong exports to speed up China’s economic recovery – report
The Chinese economy is expected to maintain its recovery over the rest of 2021 thanks to the country’s strong exports, according to research by the
Read more
Fitch upgrades Russia’s economic outlook, citing impressive cash cushion from oil revenues
International ratings agency Fitch has improved its forecast for Russia’s economic growth this year to 4.3% from the previously expected 3.7%, said Douglas Winslow, Director
Read more
Just how bad could things get this winter? European energy crisis is about to go global
It was only a matter of time, really. In a globalized world, energy crunches can hardly remain regionally contained for very long, especially in a
Read more
JPMorgan facing oil bribery probe in Brazil – media
An investigation is underway in Brazil into whether JPMorgan Chase took part in an alleged bribery and money laundering scheme, dating back to 2011, involving
Read more
Poland claims Russia’s Nord Stream 2 pipeline does not meet European certification requirements
Polish energy company PGNiG has claimed Russia’s Nord Stream 2 gas pipeline does not meet EU requirements, possibly causing further delays to the certification process
Read more
UK facing impending food crisis due to rising CO2 prices, govt warns
Carbon dioxide (CO2) prices could skyrocket by 500% in Britain, the government warned its food producers on Wednesday, after extending emergency state support in order
Read more