Business
Germany overpaying for gas – data
Germany has halved gas imports but is effectively paying the same cost for a lower amount of fuel, RIA Novosti reports
EU divided over sanctions on Russian steel – Politico
Russian steel has reportedly become a stumbling point in the EU’s new sanctions package
Russian aluminum producers warn of crisis
Russia’s Aluminium Association says import taxes, low prices, and sanctions will have a major negative impact on the sector
Russian tycoon launches legal challenge against sanctions
Russian businessman Oleg Deripaska is fighting his blacklisting by the Australian government in the country’s federal court
Industry leader warns of global gunpowder shortage
Ammunition prices are reportedly set to soar next year due to a growing gunpowder shortage
Millions of Brits will choose between eating and staying warm this Christmas – research
The cost-of-living crisis will hit British households this festive season, National Debtline has warned
Russian Arctic investment booming – official
The Russian Arctic has been attracting massive investment due to a state support law, according to the region's development minister
Countries stockpiling gold – report
Global central banks have boosted their gold reserves this year, with China leading the way, the World Gold Council reports
Chanel issues luxury goods warning
Next year may be difficult for the fashion and luxury goods industry due to slowing global economic growth, Chanel’s Bruno Pavlovsky says
Truck sales in Russia on course for all-time record
Commercial truck sales in Russia have skyrocketed this year, topping 128,000 new vehicles between January and November, official data shows
Key member state issues warning about EU funding for Ukraine
EU’s funds to support Ukraine in its conflict with Russia are limited, Spanish Foreign Minister Jose Manuel Albares says
EU country still buying Russian gas – media
The Netherlands continues to import Russian gas despite earlier pledges to stop the practice, RIA Novosti reports, citing statistics data
Research names and shames corporate profiteers
Big businesses have contributed to rising consumer prices worldwide to protect their profits, a new study has shown
Silver set for big gains – trader
Silver prices are expected to soar amid growing global demand and tight supply
Bloomberg reveals 2023 world’s richest families list
The wealth of the world’s 25 top-earning dynasties jumped by more than 40% over the past year, Bloomberg reports in its annual rating
Bitcoin forecast to hit $100,000
Bitcoin is poised for a bull run in 2024 as demand for the digital asset soars, industry experts have told CNBC