Business
Russia’s top MP supports re-nationalizing heating infrastructure
The Russian government will continue to modernize the public utilities sector, State Duma Speaker Vyacheslav Volodin says
AI to increase global inequality – economists
Rapid advances in artificial intelligence could dampen global economic activity, a WEF report says
Chinese banks tightening restrictions on Russians – Bloomberg
Chinese banks are curbing financing for Russian clients after the US approved secondary sanctions for aiding Moscow, Bloomberg has said
A million-dollar stay: How Davos locals gouge the global elite
Attending the World Economic Forum in Davos comes with accommodation prices that only the super-rich can afford
German economy stalls – data
The EU’s largest economy contracted in 2023 due to persistent inflation, high energy prices, and weak foreign demand
Russian car production surged in 2023 – data
Russian car factories produced over 700,000 new vehicles as the industry recovers from Western sanctions, a deputy PM says
Abandoning dollar makes electronic goods cheaper in Russia – Izvestia
Russian electronics importers have almost completely dropped the dollar and euro in settlements with foreign vendors and distributors
LNG exporting giant suspends shipping through Red Sea – Reuters
QatarEnergy may have to reroute its tankers round the Cape of Good Hope in Africa, according to a report
US spent over $1 billion on Russian uranium – media
Russia reemerged as the number one supplier of nuclear fuel to the US, according to statistics
Will the latest Middle East crisis impact oil markets?
Global crude prices jumped after the US and the UK launched airstrikes targeting rebels in Yemen in an effort to unblock a key trade route
Apple no longer world's most valuable company
Microsoft topped Apple in terms of market value for the first time since 2021
America’s 100 largest landowners revealed
The Emmerson family has been listed as the US’ biggest landowners, according to the Land Report
Global electric car sales slow – data
Demand for electric cars could drop worldwide, according to research
China’s oil imports hit all-time high
Chinese oil imports hit a record in 2023 driven by recovered fuel demand and rising consumption, data shows
Russian tycoon sues Sotheby’s for $400 million
Russian tycoon Dmitry Rybolovlev is suing auction house Sotheby’s, accusing it of inflating estimated value of artworks he wanted to buy
Bitcoin projected to smash $100,000 this year
The price of the world’s top cryptocurrency could exceed an all-time high in 2024, experts tell CNBC