BEIJING (Reuters) – China’s State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan…
Subdued consumer demand one of Russia’s key economic challenges -deputy PM
MOSCOW (Reuters) – Fostering a recovery in consumer demand and helping the corporate sector become profitable are the biggest tasks…
U.S. finance faces ESG backlash, more to come in 2023
By Ross Kerber, Isla Binnie and Simon Jessop BOSTON (Reuters) – A movement by financial firms and activists to challenge…
Oil price cap may widen Russia’s 2023 budget deficit, says Finance Minister
By Darya Korsunskaya MOSCOW (Reuters) -Russia’s budget deficit could be wider than a planned 2% of GDP in 2023 as…
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies…
Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just under…
Tunisia union threatens to ‘occupy the streets,’ rejects 2023 budget
By Tarek Amara TUNIS (Reuters) – Tunisia’s powerful UGTT union will hold mass protests and “occupy the streets” soon to…
Sanctions to help cut Belarus GDP by 4% in 2022, says PM – Interfax
(Reuters) – The economy of Belarus is expected to shrink by 4% in 2022 after western nations imposed punitive measures,…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
Mexico’s newest oil refinery now seen working at half capacity in mid-2023
By Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude…