Business
The nightmare oil price nobody-s talking about
Real world oil prices are far higher than the figures seen on TV news reports When the first US and Israeli missiles hit Iran more than a month ago, an oil price of $150 per barrel was considered a doomsday prediction. But the price of physical Brent crude is already a hair’s breadth from $150, while the futures price hasn’t caught up yet. The Brent front-month futures price – which serves as a ba...
Read More Fri, 03 Apr 2026 20:41:07
Japanese auto parts makers eye Russian aluminum Bloomberg
The Asian nation voluntarily stopped buying Russian product following the 2022 escalation of the Ukraine conflict Japanese auto parts makers have entered into talks with Russian aluminum giant Rusal as disruptions from the escalating Middle East conflict squeeze supplies, Bloomberg has reported, citing sources familiar with the matter. Although Rusal’s aluminum is not subject to Western sanctions, Japanese...
Read More Wed, 11 Mar 2026 13:34:05
US eases Russian oil restrictions amid Iran crisis
Several countries are reportedly already considering purchases after Washington issued a 30-day waiver The United States has issued a 30-day waiver on Russian oil and petroleum products currently at sea, in the face of a developing global energy crisis spurred by the Iran war initiated by the US and Israel. Several countries have already announced plans to purchase Russian crude following the move by Washington. Th...
Read More Sat, 07 Mar 2026 12:48:36
Trump slams black Netflix board member as ‘racist-
Obama’s former national security advisor Susan Rice has reportedly threatened companies loyal to the president US President Donald Trump has branded former White House staffer and Netflix board member Susan Rice racist over her reported threats to companies that support the president. He has demanded the streaming service fire her immediately. Rice, who is black and a vocal Trump critic, served in senior roles un...
Read More Tue, 24 Feb 2026 16:37:53
Travelers slam hotels for eliminating bathroom doors
Hotel rooms are being redesigned in ways that are catching some travelers off guard.
Across a range of hotel brands, traditional hinged bathroom doors are being replaced with sliding panels, frosted glass, curtains or, in some cases, no separation at all between the bathroom and sleeping area, according to... Read More Sun, 25 Jan 2026 12:37:39
One man turned a global skyscraper into his most dangerous destination of all: 'Pretty surreal'
Daredevil climber Alex Honnold took to new heights on Saturday, Jan. 24, as he scaled the Taipei 101 skyscraper in Taiwan with no ropes or protective equipment — conquering the building's most challenging element, the bamboo boxes.
The American's climb was broadcast live on Netflix with a 10-second delay on "Skyscraper ... Read More Sun, 25 Jan 2026 12:18:00
Valentine’s Day Timed Image Shared by Rene Skye Marks First Public Appearance of OFFLIGN
A Valentine’s Day timed image featuring a couple wearing OFFLIGN appeared this week, after founder Rene Skye shared a photograph showing two individuals wearing matching garments. The image showed a couple standing side by side in coordinated hooded outfits bearing the phrase “I went OFFLIGN to take over” across the back. The photograph marked the first public appearance of OFFLIGN branded clothing, despite no...
Read More 2026-01-14
Eurozone manufacturing slumps S&P
The health of the sector is declining amid the military buildup and continued support for Ukraine Factory activity in Europe’s 20-nation single currency bloc declined in December as production fell for the first time in ten months, weighed down by sharp drops in new orders, data compiled by S&P Global has revealed. The Manufacturing Purchasing Managers’ Index (PMI), a key gauge of sector health, dro...
Read More Sun, 04 Jan 2026 10:36:34
From collapse fears to resilience: How Russia reshaped its economy by the end of 2025
A deep dive into how state influence, Asian trade, and domestic production are reshaping the Russian economy In 2025, the Russian economy looks very different from the one analysts feared would crumble in 2022. State-owned giants are booming, trade is shifting decisively eastward, and domestic industries are rapidly substituting imports. Over the past three years, GDP growth has consistently outpaced the global ave...
Read More Wed, 31 Dec 2025 08:57:31
US banking giant reveals massive Russia exit cost
Citigroup expects a loss of over $1 billion from the sale of its remaining business in the country Citigroup will post a big loss from the sale of its remaining business in Russia, the US banking giant announced on Monday. The lender announced plans to wind down its business in Russia in August 2022, amid an exodus of Western firms due to sanctions imposed on Moscow over the Ukraine conflict. The assets of its Russ...
Read More Tue, 30 Dec 2025 14:52:46
Britons getting poorer report
The UK’s growth in GDP per capita is set to trail most G7 nations, a think tank’s analysis shows High inflation and low growth will further the decline in UK living standards, pushing the country behind its economic peers, the UK-based Centre for Economics and Business Research (CEBR) has predicted. The forecast, set out in the CEBR’s annual World Economic League Table on Friday, projects that the UK wil...
Read More Fri, 26 Dec 2025 20:13:30
EU sets new record in trade surplus with Russia Eurostat
The value of exports to the country exceeded the value of imports by €1.5 billion between July and September, data shows The EU recorded a positive trade balance with Russia of €1.5 billion ($1.6 billion) in the third quarter of 2025, marking the second time this has happened in a row, according to Eurostat data released on Thursday. The development follows a sharp contraction in bilateral trade since 2022...
Read More Fri, 26 Dec 2025 11:35:46
Ruble posts strongest gains since 1994 Bloomberg
The Russian currency has outperformed those of other countries this year, the outlet has said The Russian ruble has surged more than any other major global currency this year, marking its strongest performance since 1994, according to Bloomberg calculations. The nation’s currency has also become one of the world’s five highest-yielding major assets this year, trailing only precious metals – plati...
Read More Thu, 25 Dec 2025 11:50:51
Russian seafood still sold in EU despite fishy sanctions Euractiv
The bloc reportedly imports hundreds of millions of euros worth of fish a year Russian fish is still entering EU markets in the run-up to Christmas, with annual imports worth hundreds of millions of euros reaching the bloc, despite its wider sanctions on Moscow, Euractiv reports. The EU has hit Russia with multiple rounds of economic restrictions since the escalation of the Ukraine conflict in 2022, but most food t...
Read More Tue, 23 Dec 2025 21:14:41
AI and crypto data centers straining power grids worldwide satellite image
Thermal imagery from space offers a rare view of heat output from high-load facilities Booming demand from artificial intelligence and cryptocurrency mining has been pushing electricity use higher worldwide, putting growing strain on power grids as energy-hungry data centers expand at a rapid pace. A high-resolution thermal image released this month by UK-based thermal satellite operator SatVu offered a rare ...
Read More Mon, 22 Dec 2025 21:29:23
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