Russia’s record employment signals a surprisingly smooth decoupling from the West. Its rapid replacement of McDonald’s and Starbucks says business as usual. Yet pressures are building inside its economic machine. Continue Reading
Germany’s second largest sugar producer Nordzucker on Thursday said it will start this year’s sugar refining season on Sept. 3 and reported success in converting refinery plants to oil fuel Continue Reading
The Rhine River’s water level at a key waypoint is set to decline in the coming days, curbing the amount of cargo that barges can carry. The measured level at Continue Reading
Europe’s energy crisis is squeezing the small and midsize firms that form the backbone of the continent’s economy, leading some business owners to curb production or close up shop. Katrien Continue Reading
Russia and Iran are building the foundation for a potential natural gas cartel. The Russia-Iran alliance aims to control as much of the two key elements in the global supply Continue Reading
Many global oil traders and banks have stopped dealing with Indian refiner Nayara Energy, a Rosneft (ROSN.MM) affiliate, as they are worried about Western sanctions over Russia’s invasion of Ukraine, Continue Reading
Canada studies the feasibility of direct LNG exports to Germany. Trudeau: “we will do what we can to contribute to the global supply of energy.” In the short term, Canada Continue Reading
The United States will announce a new security assistance package for Ukraine of about $3 billion as early as Wednesday, a U.S. official said on Tuesday, in what would be Continue Reading
Russia’s economy has avoided the meltdown many predicted after Moscow sent its forces into Ukraine six months ago, with higher prices for its oil exports cushioning the impact of Western Continue Reading
The U.N. nuclear watchdog will visit the Russian-occupied Zaporizhzhia nuclear power plant in Ukraine within days if talks to gain access succeed, it said in a statement on Tuesday. Russia Continue Reading
