Business
Russians think ‘Black Friday’ is a scam – survey
Just one in ten Russians believe that vendors provide a fair reduction in the prices of goods during Black Friday sales
US announces major new sanctions on Russia
Washington has expanded its numerous rounds of sweeping sanctions against Moscow to include large banks, foreign firms and individuals
Ukraine brands Swiss food giant 'sponsor of war'
The Ukrainian National Corruption Prevention Agency declared Nestle a war sponsor because of its business in Russia
Israel-Hamas conflict may cost global economy $2 trillion – Ernst & Young
A wider war in the Middle East will damage the global economy, an Ernst & Young economist told the New York Times
Russian energy giant reveals strategy to replace EU markets
Russia’s Gazprom has said it will ramp up gas supplies to Kazakhstan, Uzbekistan, and Kyrgyzstan as part of long-term cooperation
Thailand’s central bank proposes dropping dollars in trade
The Bank of Thailand has suggested ways to mitigate US dollar volatility by using local currencies in cross-border transactions
Russia’s gold reserves hit record high – RIA
Moscow has ramped up its gold reserves to record highs amid global economic uncertainty, media calculations show
Putin ridicules proposed Western screwdriver sanctions
Russian President Vladimir Putin has said Western export bans are becoming absurd
Russian oil trading well above price cap
Buyers are not complying with the Western price cap for Russian oil, according to government data
Western clothing giants reversing China exit plans – Bloomberg
Economic uncertainties and weakening consumer demand have forced global clothing makers to scrap their plans to leave China
German court orders return of seized property to sanctioned Russian billionaire
Prosecutors have been ordered to return property seized from sanctioned Russian businessman Alisher Usmanov
Russian wide-body jet makes first test flight (VIDEO)
Russia’s long-haul Il-96-400M four-engine plane has completed its maiden flight, aviation giant UAC reports
UK investments ‘a colossal mistake’ – Russian tycoon
Russian billionaire Mikhail Fridman says he regrets buying assets in the UK after being forced out of the country
Asia’s share of Russia’s foreign trade hits 70%
Russia’s trade with Asian nations has been booming amid Western sanctions on Moscow, official statistics show
EU looks to expand sanctions on Russia – Bloomberg
The next round of EU sanctions on Moscow could hit more than $5 billion in trade, according to Bloomberg sources
Cost of critical energy fuel spikes
The price for uranium hit 15-year high in October as global unrest and concerns over energy security have been driving demand