آرشیو

US futures slip amid focus on earnings, inflation

US equity-index futures slipped as investors assessed whether a strong earnings performance can continue despite recent disappointments. The dollar extended a decline.

Sri Lanka raises electricity tariffs by up to 264%

Sri Lanka's state-run electricity monopoly will raise tariffs by a stinging 264 percent for people consuming the least, it announced Tuesday, while higher users will face a smaller increase.

German economy to lose $265b in added value due to war, high energy prices: Study

Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labour market, according to a study by the Institute for Employment Research (IAB).

Russian oil transit via Ukraine halted due to sanctions

The supply of Russian oil to three European countries through Ukraine has been halted as the transit payment cannot be processed due to sanctions, Russian firm Transneft said Tuesday.

Power plant repairs cost Iran $135m in three months: Report

Iran spent more than $135 million on critical repair work needed in power plants in the country in the three months to late June amid efforts to boost grid reliability and to prevent power cuts in household and manufacturing sectors over the warn summer months.

Iran’s six-month exports to U.S. up 16-fold

The value of Iran’s exports to the United States increased 16-fold in the first half of 2022 compared to the figure for the corresponding figure for 2021.

People turning back to cash as prices rise in UK

British People are going back to cash to keep tighter control on their spending as living costs soar, according to new research by the Post Office.

Trade war with China could cost Germany six times as much as Brexit: Study

Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo Institute said on Monday, citing the results of a study.

EU plan to cut gas use by 15% comes into effect

An EU plan to cut gas consumption across the bloc by 15 percent to cope with an energy price crisis spurred by Russia's military operation in Ukraine comes into effect today.

Russia keeps investors from 'unfriendly' nations frozen out

Central Bank of Russia announced steps on Monday aimed at preventing investors from "unfriendly" countries from taking advantage of plans to allow those from "friendly" nations to resume trading on the Moscow stock market.