Business & Finance

Reuters reveals Naftogaz CEO prepared to step down if it...

Reuters was first to report the head of state-run Ukranian energy company Naftogaz is ready to step down if it […] The post Reuters...

Reuters reveals Geely, oil group could take stakes in Renault...

Reuters exclusively reported China’s Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel...

Reuters reveals India finds Sony-Zee merger can hurt competition;...

Reuters was first to report that a merger between the Indian unit of Japan’s Sony and Zee Entertainment to create […] The post Reuters...

Germans warned of toilet paper shortage

Germany may face shortages of toilet paper due to gas supply problems, industry association Die Papierindustrie warns Read Full Article...

Switzerland to slash winter energy consumption – media

Gas consumption in Switzerland could be reduced by 15% as a safeguard against potential energy shortages Read Full Article at RT.com...

Eurozone already in recession – UBS

Euro area plunged into ‘shallow’ contraction that will last until the end of 2022, Bloomberg reports, citing UBS Read Full Article...

Major US bank to wind down Russia operations – WSJ

Banking giant Citigroup has decided to exit its consumer and commercial business in Russia, the Wall Street Journal reports Read Full...

Reuters reveals U.S. opens criminal probe into Cassava...

Reuters exclusively reported that the U.S. Justice Department has opened a criminal investigation into Cassava Sciences involving...

Reuters reveals South Korea’s sudden property slump tests...

Reuters exclusively reported South Korea’s property market has abruptly gone from sizzling hot to floundering, piling pressure on...

Reuters reveals Siemens Gamesa weighs 2,500 job cuts

Reuters exclusively reported wind turbine maker Siemens Gamesa is considering cutting around 2,500 jobs, or about 9% of its total,...

Reuters reveals U.S. game software developer Unity in talks...

Reuters exclusively revealed Unity Software Inc, the U.S. developer best known for software used to design video games, is in […]...

Reuters reveals Airbus axes remaining A350 jet deal with...

Reuters was first to report Airbus has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all-new […]...

EU state may become major chip maker – Reuters

US tech major Intel is close to clinching a deal to build a chipmaking factory in Italy, Reuters reported on Thursday Read Full Article...

Russia tackles ‘toxic’ currencies

Russian companies should convert their dollars and euros into “friendly” currencies such as the Chinese yuan, the Central Bank said...

Gazprom explains complications in turbine row

Anti-Russian sanctions are hindering the return of a gas turbine from Germany and threaten future equipment maintenance, Gazprom says...

Kremlin responds to German turbine accusation

Russia says it wants written guarantees that Western sanctions do not apply to gas pumping turbines for the Nord Stream 1 pipeline...