Business
Russians ramp up spending on foreign holidays – data
Russians have spent a record amount of money on foreign holidays so far this year, with a $5.46 billion outlay in July…
EU to unlock €500mn in bid for Orban’s Russia sanctions backing – FT
Brussels has unveiled its 19th package of restrictions, which must be approved unanimously by all 27 member states The…
EU names member states still importing Russian gas
Eight countries in the bloc continue to receive piped gas and LNG, according to the European Commission Eight EU countries…
Billionaire Ellison to become most powerful US media mogul ever – NYT
One of the world’s richest men and a friend of President Trump is extending his influence over Hollywood and big media, the…
Bank of Russia governor dismisses talk of recession
Cooling growth should not be confused with a contraction, Elvira Nabiullina has said Russia is not in recession, central…
EU plans to seize €170bn of Russia’s frozen funds – FT
Moscow has warned that confiscation of its assets immobilized in the West would constitute “theft” Brussels is pressing…
US and China reach ‘framework’ TikTok deal
The video platform’s ownership will reportedly be transferred to a consortium of American investors to avoid being banned in…
China probes US chip giants
Beijing is launching two investigations into discriminatory restrictions on its chip industry ahead of talks with Washington…
Fitch hits France with record-low credit score
France’s credit score has been downgraded from AA- to A+, the country’s lowest on record, with Fitch Ratings citing…
EU could target ‘Russian SWIFT’ – Euractiv
France and Germany are reportedly pressing for deeper sanctions on foreign banks that maintain trade with Moscow The…