Business
Bitcoin hits two-year high
The price of the world’s largest cryptocurrency, Bitcoin, has surged to its highest level since November 2021, trading data shows
Most UK exporters hit by Red sea crisis – survey
Over half of British exporters and manufacturers have faced problems due to shipping disruptions in the Red Sea, a new study shows
Argentine oil producers rebel against Milei government
Argentina’s oil-producing provinces have reportedly threatened to halt supplies after the government’s move to cut funding
China snapping up stranded Russian crude – Bloomberg
The Asian country’s refiners have been buying greater volumes of Sokol grade oil in light of sanctions-linked supply issues in India
German manufacturing hits four-month low – S&P Global
German industrial sector activity has slumped in February as factories are struggling due to falling global demand
Nigeria blocks crypto exchanges
The Nigerian authorities have barred user access to several major cryptocurrency platforms in a bid to protect the national currency
West should be ‘bolder’ in seizing Russian assets – British PM
UK Prime Minister Rishi Sunak has urged allies to step up efforts to direct Russia’s frozen reserves to Ukraine
UK baby formula prices at historic high – watchdog
Soaring energy prices have been forcing producers to charge more for infant products
Rothschild clans battling over bank clients – Bloomberg
Branches of the banking empire are fighting for supremacy in the $250 trillion wealth management industry, Bloomberg has reported
Biden announces new raft of sanctions on Russia
Washington’s latest raft of Russia sanctions were timed to coincide with the second anniversary of the Ukraine conflict
EU punishes Chinese companies
New export restrictions announced on Friday target Chinese firms that the bloc claims have been supporting Russia
Why Fed rate hikes used to cause the classic emerging-market crisis but now seem to boomerang on the US
Once at the mercy of Fed policy, much of the world is now resistant to the interest-rate turmoil that always starts in Washington
EU imposes new sanctions on Russia
Brussels has issued a 13th round of sanctions ahead of the second anniversary of the start of Moscow’s military operation against Ukraine
Russia seizes more than $1 billion from German firm
A Russian court has ruled to confiscate the assets of German company Linde over its refusal to honor contract obligations in 2022
Boeing lauds 737 Max as ‘the safest airplane’
The US aerospace giant has once again come under scrutiny over problems with its top-selling aircraft
Most Japanese companies stayed in Russia – survey
Nearly 35% of Japanese companies operating in Russia have continued doing business “as usual” despite Western sanctions