Business

The Ministry of Industry and Trade has announced an uptick in phenol production, a key component used in making phenolic formaldehyde resin…

The German minister of labor and social affairs warned that without swift policy action the country could face a significant shortage of…

News outlets in the region have not scheduled a meeting for May 3 in Istanbul to discuss the grain deal, according to informed sources. The…

In April, India imported more crude oil from Russia than from Saudi Arabia and Iraq combined for the first time, according to data cited by…

The European LNG market saw a historic surge in April 2023, with deliveries surpassing 12 billion cubic meters. According to Gas…

Russia Increases Civil Shipbuilding Subsidies to 14 Billion Rubles The Cabinet of Ministers has announced a significant boost to subsidies for…

Russian officials may face a ban on owning property in countries considered unfriendly. A draft law, including the proposed changes, has been…

Russian Official Comments on Potential U.S. Debt Default and Global Economic Implications The press secretary for Russian President Dmitry…

The recent data shows a notable shift in Urals crude pricing, Russia’s leading export grade, with the average price climbing by 22.5 percent…

Danieli Group, the Italian metallurgical equipment maker, appears poised to withdraw from the Russian market and weigh options for selling its…