Source link Mandatory financial disclosures by public servants show new cars, homes, and cash, according to journalists Senior Ukrainian officials have significantly increased their personal wealth over the past two years despite the conflict with Russia, an analysis of self-reported income and assets has revealed. The study was conducted by the Ukrainian business news site […]
Source link Azerbaijan is a flourishing market and is not re-exporting vehicles to the sanctioned country, a British motoring group has claimed An unprecedented surge in car exports from the UK to Azerbaijan is not related to Russia or sanctions evasion, the British Society of Motor Manufacturers and Traders (SMMT) has claimed, as cited by […]
Source link Net profits at Rosneft, Russia’s largest oil producer, jumped by 47.2% last year, hitting 1.3 trillion rubles ($14 billion) despite sweeping Western sanctions on Russian oil, the company announced on Monday. Crude oil and gas condensate production reached 193.6 million tons in 2023, Rosneft said, adding that it was working to build up […]
Source link The volume of investable assets held by individuals in the group will skyrocket over the next decade, according to Henley & Partners The number of new millionaires in the BRICS countries will see a surge by 2034, contributing to the biggest increase in wealth across any group of nations, according to a recent […]
Source link The coal-to-gas pivot by industrial consumers across Asia is gathering pace, according to the energy giant Global demand for liquefied natural gas will increase more than 50% in less than two decades, according to the LNG Outlook 2024 released this week by British energy giant Shell. A surge in demand by 2040 is […]
Source link The growth comes despite the company officially ceasing sales of its products in the country in 2022 Sales of Apple’s MacBook Air and Pro in Russia soared by 20% year-on-year last year despite the tech behemoth leaving the country in 2022, Izvestia has reported, citing retailers. Apple halted sales of its physical products […]
Source link Houthi attacks in the waterway have prompted many companies to redirect vessels to longer and more expensive routes The cost of shipping fuel by sea has in some cases soared above $100,000 a day due to continued disruptions in the Suez Canal and Red Sea caused by attacks by the Houthi rebels, Bloomberg […]
Source link Global production of the fuel is also expected rise whereas supply will likely remain tight, according to the energy watchdog Gas production in Russia is expected to rise by 4% this year, according to the International Energy Agency’s (IEA) Gas Market Report published on Friday. The Paris-based energy watchdog pegged Russian gas output […]
Source link Exports of Russian coal to countries in Southeast Asia surged last year after supplies to the EU stopped amid Western sanctions on Moscow, Vedomosti business daily reported on Monday, citing data from energy analytics firm Kpler. South East Asia-bound deliveries of Russian coal, excluding China, jumped by 47% in 2023 and reached 13.1 […]
Source link War, elections, and the prospect of Donald Trump in the White House could all drive more immigrants to the continent, the report claimed Migration to Europe will increase this year beyond its already record levels, an Austrian-based think-tank has warned. With opposition parties across the continent threatening a crackdown on immigration, the group […]
Source link A large number of prospective conscripts are dodging military service on medical grounds, new data shows Ukrainian anti-corruption officials have reported an increase in the number of potential recruits deemed ineligible for military service by conscription offices since the outbreak of conflict in early 2022. They suspect that people are paying off medical […]
Source link One area in the UK has seen a 2000% increase in anti-Semitic incidents, according to a British media report Data obtained from UK police forces has reflected a surge in anti-Semitic and Islamophobic hate crimes in some parts of Britain since Hamas’ October 7 attack and Israel’s subsequent retaliation, according to The Independent. […]
Source link Natural gas prices in Western Europe rose more than 8% on Wednesday, according to data from the London Intercontinental Exchange (ICE). The cost of gas futures for July delivery at the Title Transfer Facility (TTF) hub in the Netherlands saw an increase by 8.4% to $429.8 per thousand cubic meters, or €37.055 per […]
Source link Trade between India and Russia is expected to reach $100 billion by the end of the decade, Kommersant reported on Thursday, citing analysts from the Russian-Asian Business Council (RABC). Russian exports to India are forecast to grow from $32.5 billion in 2022 to as much as $95 billion in 2030, while imports are […]
Source link Emergency supplies of natural gas in European underground storage facilities are shrinking as cold weather has prompted the bloc to use more fuel amid increased energy consumption, Vedomosti reported on Thursday. The EU pumped four times more fuel from its stocks in December compared to the November average, according to the outlet’s calculations […]