Business

World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

Europe prepares for China retaliation after EU imposes EV tariffs

Europe prepares for China retaliation after EU imposes EV tariffs

The European Union (EU) has recently revealed that it has provisionally concluded that it would be applying tariffs to Chinese…
Wimbledon: Game set and match as prize money reaches record

Wimbledon: Game set and match as prize money reaches record

Wimbledon’s total prize money fund will this year reach a record £50 million (€59 million) pounds, All England Club officials…
China hits back at EU tariff hike on electric vehicles

China hits back at EU tariff hike on electric vehicles

China has decried an EU decision to hike tariffs on Chinese electric vehicles as «a blatant act of protectionism». The…
Inflation in Spain rises to 3.6% in May driven by the cost of housing

Inflation in Spain rises to 3.6% in May driven by the cost of housing

Spain’s year-on-year inflation report for May was released on Thursday morning, coming in at 3.6%, which was in line with…
Mexican billionaire buys major stake in BT as new strategy takes hold

Mexican billionaire buys major stake in BT as new strategy takes hold

The decision by Carlos Slim to buy a £400m (€473m) stake comes weeks after the company unveiled a major shake-up.…
G7 summit opens with deal to use Russian assets for Ukraine

G7 summit opens with deal to use Russian assets for Ukraine

A Group of Seven (G7) summit is opening Thursday with agreement on a US proposal to back a $50 billion…
Fed rate decision: Implications on the European stock markets

Fed rate decision: Implications on the European stock markets

European stock markets resumed their rally, with tech stocks taking the lead following cooler-than-expected inflation data from the United States.…
Fed holds US interest rate steady in June warning of just one possible cut this year

Fed holds US interest rate steady in June warning of just one possible cut this year

Federal Reserve officials on Wednesday kept the US interest rate unchanged at 5.3%, explain that, although inflation has fallen further…
European stocks, single currency rally as US inflation cools more than expected

European stocks, single currency rally as US inflation cools more than expected

In May, the US Consumer Price Index (CPI) rose by 3.3% year-over-year, according to the Bureau of Labor Statistics. This…
Energy firm Uniper bags wins right to claim billions from Gazprom

Energy firm Uniper bags wins right to claim billions from Gazprom

The international arbitration court in Stockholm has granted German energy firm Uniper the right to demand more than €13 billion…
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