Business
Ukraine ‘threatening’ Poland – minister
Poland’s minister for EU affairs has said Ukrainian pressure on Warsaw over grain export restrictions will not work
Path to BRICS’ own currency ‘not easy’ – diplomat
The creation of a single BRICS currency is a long process but the group “will get there anyway,” the Russian Foreign Ministry says
EU’s worst-performing economy revealed
Poland’s GDP dropped by 2.2% between April and June compared to the same period last year, marking the biggest decrease in the EU
Apple shares plummet on China bans
News of Beijing's widening curbs on the use of iPhones by government staff has sent shares in Apple and its suppliers sliding
Russian discounter eyes expansion in Middle East
Russian budget retailer Fix Price plans to open its first stores in the UAE
Ukrainian chicken threatens EU producers
Poultry producers in France are facing losses due to the influx of low-cost imports from Ukraine, industry representatives say
Russian economy outperforming expectations – Kremlin
The Russian economy is exceeding forecasts, according to presidential spokesman Dmitry Peskov
Kremlin warns US over plan to hand Russian assets to Ukraine
Moscow has threatened legal action if Washington sends frozen Russian funds to Kiev
Top Russian bank launches new service in Iran
Sber now allows both individuals and businesses to transfer money to Iran, the bank has announced
Eurozone business activity slumps – S&P
Economic momentum in the euro area dropped to a nearly three-year low in August, according to analysts
UK cigarette giant exits Russia
Tobacco giant British American Tobacco has agreed to sell its Russian and Belarusian businesses to a local consortium
Germany faces end of economic boom – El Pais
Germany’s decades of prosperity are coming to an end as the economy is battered by various headwinds
Ukraine looks to hike alcohol prices
Ukraine’s Economy Ministry is proposing to raise prices for alcoholic drinks to help manufacturers to deal with production costs
EU’s top court makes landmark Russian sanctions decision
The former head of Russian e-commerce giant Ozon has succeeded in overturning EU sanctions against him
Russian billionaires fail to overturn EU sanctions – Bloomberg
An EU court has dismissed sanctions appeals by Russian tycoons Gennady Timchenko and Dmitry Pumpyansky, Bloomberg reports
Russia accelerates sale of foreign currencies
Russia’s central bank has announced additional sales of foreign currency on the market as a Eurobond payment comes due