Business
Biden has blacklisted more Chinese firms than Trump – Bloomberg
President Joe Biden has added more Chinese enterprises to US import blacklists than Donald Trump during his presidency
France ramps up imports of Russian gas – Politico
French imports of Russian LNG saw year-on-year growth of 75% in the first three months of this year
US set for another dot-com-style crash, fund manager warns
Stocks could see near-term losses on par with the dot-com bust and the 2008 financial crash, a veteran fund manager is warning
Trump drops off top 500 billionaires list
Bloomberg’s Billionaire Index no longer lists former US President Donald Trump after a nosedive in Trump Media’s stock price
Vietnam working on BRICS membership bid – Izvestia
The BRICS economic group could expand further, as Vietnam is working on a membership bid, Izvestia has reported
Russian billionaires score partial victory on EU sanctions
The European Union’s highest court has ruled that the 2022 blacklisting of bankers Mikhail Fridman and Petr Aven was not justified
Russian banks’ profits could beat 2023 record – central bank
This year could prove more profitable for Russian banks than the record-breaking 2023, Central Bank Deputy Governor Olga Polyakova has said
Yuan displacing dollar on Russia’s foreign exchange market – Central Bank
The share of the Chinese yuan on Russia’s foreign exchange market hit an all-time high in March, according to the central bank
US facing worst risks since WWII – JPMorgan boss
The US should strengthen partnerships with other Western nations to withstand challenges, the country’s top banker insists
Spain to end golden visa program
Spain plans to terminate its golden visa program as Madrid attempts to cool down a housing crisis
EU sanctions hawk increases Russian grain imports
Russian grain exports to Latvia have risen by almost 40% in Q1 this year, while transit volumes have increased by 79%
South Korea seizes crypto from tax ‘delinquents’ – media
Pohang, South Korea plans to confiscate crypto assets from citizens who owe more than $370 in taxes, media have reported
China’s growth forecast raised
China’s economy is set to perform better than expected this year due to a recovery in the property sector and strong demand, AMRO has said
Musk accuses Reuters of ‘lying’ about Tesla plans
A report about Tesla’s reversal on plans to produce a cheaper electric vehicle is wrong, its chief executive has said
Germany’s automated stores forced to rest on Sundays – FT
Germany’s regional supermarket chain Tegut has been ordered to close robotic stores on Sundays to comply with the constitution
McDonald’s to buy back its Israeli restaurants
The fast food chain has reported decreased sales amid boycotts in Muslim countries over the Gaza conflict