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India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
Some Russians are spending like no tomorrow with 'considerable' overheating in the economy
Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.
Huileng Tan
She grew up in Ukraine, studied accounting, and joined the army. But since Russia invaded, she did a hard career pivot — twice.
The war has created a big need for blue-collar workers in Ukraine. Women, like 32-year-old Yuliia …
Shubhangi Goel
Russia's economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says
"Putin's government has not evinced visible concern that Russia's population might be cut in half b…
Jennifer Sor
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
Russian businesses are locked out of billions as payment issues reportedly pile up abroad
Russia's foreign financial assets grew $45 billion this year, a sign payment delays are piling up a…
Jennifer Sor
Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…
Filip De Mott
Stock market today: Tech drives market rebound as investors brace for earnings and fresh data
Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…
Matthew Fox
Ukraine is taking out key bridges in Russia, isolating Russian soldiers on the wrong side of the river, analysts say
Ukraine is striking strategic bridges in Russia's Kursk region to create a 'buffer zone' and disrup…
Thibault Spirlet
Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.
Russia's central bank has hiked the country's key interest rate to 18% to cool the overheated econo…
Huileng Tan
Stock market today: US stocks rise on solid earnings and in-line inflation reading
Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…
Matthew Fox
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
The US is sending less natural gas to Europe, complicating Europe's plans to cut off Russian gas
Last year, Europe still imported about 15% of its total gas supply from Russia, with about 9% comin…
Huileng Tan
Gold boosts returns and lowers risk, while Bitcoin heightens volatility, says World Gold Council
Gold, a time-tested asset known for its stability, has long been a safe haven during market downtur…
ANI
Russian FX trading is almost entirely in yuan as sanctions restrict dollar use
The Chinese yuan takeover comes after sanctions halted trading in the dollar and euro.
Filip De Mott
Ukrainian POWs are being bought and sold on a Russian black market, report says
Chechen fighters have "bought" Ukrainian POWs from Russian forces so they can exchange them in thei…
Mia Jankowicz
Superyacht sales surge thanks to wealthy Americans amid Russian oligarchs' retreat
A total of 203 superyachts were sold globally in 2023 — a 17% drop from last year, according to the…
Geoff Weiss
There's a thriving Russian black market for Elon Musk's Starlink terminals, with the tech being sent far beyond Ukraine
A black market is enabling Russia to use Starlink terminals in Ukraine, according to The Wall Stree…
Mia Jankowicz
Russian inflation will soar even higher as sanctions spark another surge in gas prices, British intelligence says
Inflation in Russia is "highly likely" to remain above target through the rest of 2024, the UK Defe…
Jennifer Sor
Stock market today: US stocks end higher to hit a 4-month winning streak as soft landing hopes rise
Looking ahead, investors will be eagerly awaiting the August jobs report, due out next Friday. Expe…