Business
Russia on course to outpace Japan in China trade – Rosneft boss
Moscow may soon become Beijing’s largest economic partner after Washington, Igor Sechin says
EU state to speed up ban on imports of Russian oil – media
Bulgarian lawmakers are reportedly preparing a motion to stop buying Russian oil this year, despite earlier plans to wait till 2024
Sharp rise in EU tourists seeking Russian visas – foreign ministry
The number of European tourists wishing to visit Russia spiked by more than 50% compared to last year, official data shows
Russian e-commerce giant to delist from US stock exchange
Ozon has notified Nasdaq of its intention to voluntarily delist its shares, the company announced in a statement
EU fears new winter gas price crisis – FT
Brussels could prolong the gas price cap introduced last winter to avoid a new price spike, the Financial Times has reported
Germany needs Nord Stream 2 – MP
Russian gas cannot be replaced either in terms of price or reliability, German MP Steffen Kotre has said
Major gas supplier issues warning to EU
The EU gas market will be unstable even with storage nearly full due to increased competition with Asia for LNG, Equinor CEO says
Signature dishes in Italy, Spain grow more costly – Bloomberg
The costs of making paella and pizza have spiked in Spain and Italy over the past year, Bloomberg reports
Baltic state wants to ban selling needles and nails to Russia – media
Lithuania has suggested including buttons, nails and sewing appliances in the EU’s next Russia sanctions package, EUobserver reports
French winemakers launch ‘economic war’ against neighbor
Several hundred French winemakers hijacked and destroyed trucks filled with Spanish wine in protest against unfair competition
EU economy risks ‘knockout blow’ over China policy – member state
Hungary is calling for continued EU cooperation with China, which has already become economically more competitive than the bloc
De-dollarization in Russia-China trade almost complete – minister
Ruble and yuan payments in Russia’s foreign trade have reached 68% as Moscow ditches the dollar and euro, the economy minister says
Another rating agency mulls downgrading Israel
Moody’s has placed Israel’s A1 rating on negative review amid the escalation of hostilities in Gaza
Russian tech giant boosted by EU’s Google crackdown – Bloomberg
Yandex has become one of the five most popular search engines among Android smartphone users in the EU, Bloomberg reports
China ratchets up US securities sell-off
Chinese investors sold $5.1 billion of American stocks and bonds in August, the highest in four years
Russia to boost gas supplies to China – Gazprom
Russia will provide additional volumes of gas to China this year under a new deal between Gazprom and CNPC