Economy
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US imports from Russia double – new data
The United States has increased imports of goods from Russia despite its numerous economic sanctions on the country, data published…
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Economic turmoil helping biggest firms make ‘monster profits’
The world’s 722 biggest companies collectively are making more than $1 trillion a year in windfall profits on the back…
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US jobs growth weakest in more than two years
US jobs growth slowed last month in a sign that the weight of higher interest rates may be starting to…
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Yellen criticises Chinese curbs against US firms
US Treasury Secretary Janet Yellen criticised Chinese curbs against US firms while on a diplomatic visit to Beijing to improve…
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China hits Jack Ma’s Ant Group with nearly $1bn fine
China has announced more than $1bn (£778m) in fines against financial companies including Jack Ma’s tech giant, Ant Group. Regulators…
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OPEC+ ministers review market conditions
OPEC+ energy and oil ministers reviewed the market conditions and agreed to continue talks with their non-OPEC+ allies on Wednesday…
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India boosts Africa lending in the race to counter China
Africa has become the second-largest recipient of credit from India as the country tries to catch up with China in…
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Xi urges open supply chains in SCO speech after curb on key metal exports
Chinese leader Xi Jinping called on nations to spurn decoupling and the cutting of supply chains, one day after his…
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UAE’s RAKEZ inks cooperation deal with Israel’s IMA
The UAE and Israel will look to expand mutual investment and manufacturing under a deal signed on Wednesday between the…
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Rivian ships first Amazon electric delivery vans to Europe
Rivian Automotive Inc. started delivering the electric vans it makes for Amazon.com Inc. to Europe in the EV maker’s first…
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