ECB vows to counter ‘undesirably high’ inflation SINTRA, (Portugal): The European Central Bank will go “as far as necessary” to fight inflation that is set to... Published 29 Jun, 2022 05:44am
Business & Finance Moody’s says Russia defaulted on debt PARIS: Moody’s ratings agency has confirmed that Russia defaulted on its foreign debt for the first time in a... Published 29 Jun, 2022 05:44am
Markets Oil prices rise amid G7 talks on new Russian sanctions HOUSTON: Oil prices traded higher on Monday in a volatile session as investors waited for any moves against Russian... Published 28 Jun, 2022 06:10am
Business & Finance Volatile rouble pares intraday losses as Russia slips into default zone MOSCOW: The rouble pared early losses in volatile Moscow trade on Monday as Russia looked set for its first ... Published 28 Jun, 2022 06:10am
Business & Finance Malaysia plans record $18bn subsidy spend in inflation fight KUALA LUMPUR: Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this ... Published 26 Jun, 2022 05:44am
World UK’s Johnson says he fears Ukraine will be coerced to make a ‘bad peace’ KIGALI: British Prime Minister Boris Johnson said on Saturday that he feared Ukraine could face pressure to agree a... Published 25 Jun, 2022 01:42pm
World World leaders seek united front for Ukraine as war rages on BERLIN: World leaders including US President Joe Biden will seek to close ranks at back-to-back summits from Sunday... Published 25 Jun, 2022 04:42am
World Countries increasingly see US as reliable since Ukraine war: poll WASHINGTON: Growing majorities in nations friendly to the United States have come to view Washington as a reliable... Published 23 Jun, 2022 07:37am
World Italy's Five Star party heads for breakdown over Ukraine ROME: Italy's Five Star Movement, the biggest party in Prime Minister Mario Draghi's government, looked on course... Published 21 Jun, 2022 10:51pm
Markets Sanctioned Russia becomes China’s main source of oil BEIJING: China ramped up crude oil imports from Russia in May, customs data showed Monday, helping to offset losses... Published 21 Jun, 2022 05:51am
World NATO warns of long Ukraine war as battles in the east grind on KYIV: The war in Ukraine could last for years, the head of NATO said on Sunday, calling for steadfast support from... Published 20 Jun, 2022 05:51am
Business & Finance Survey shows most global CEOs expect recession WASHINGTON: Most corporate leaders worldwide now expect an economic downturn by the end of next year if not sooner,... Published 20 Jun, 2022 05:51am
World Russian state TV airs videos of two missing Americans in Ukraine MOSCOW: A Russian state TV channel aired videos on social media of two Americans who went missing last week while... Published 19 Jun, 2022 06:06am
World Zelensky visits southern Ukraine front KYIV: Ukrainian President Volodymyr Zelensky visited the war-damaged southern city of Mykolaiv on Saturday for the... Published 19 Jun, 2022 06:06am
World Russian missiles destroy fuel depot in east Ukraine, killing one A fuel storage depot in the eastern Ukrainian town of Novomoskovsk exploded on Sunday, killing one and injuring two,... Updated 19 Jun, 2022 12:43pm
World Ukraine needs 'more heavy weapons': NATO chief THE HAGUE: Western countries should send Ukraine more heavy weaponry as it battles Russia's advance in the east of... Published 15 Jun, 2022 01:43am
World Outcome of Donbas battle will indicate course of war: Zelensky KYIV, Ukraine: Ukrainian President Volodymyr Zelensky on Tuesday said defending the Donbas was "vital" as the ... Published 15 Jun, 2022 01:23am
World Four injured in shelling of Russian town bordering Ukraine, official says Four people were injured on Tuesday by shelling in a Russian town in the Bryansk region on the border with Ukraine,... Published 14 Jun, 2022 12:59pm
World Zelensky pleads for arms as Russian forces lay siege to Severodonetsk KRAMATORSK: Ukraine’s president has made an impassioned plea to Western allies to speed arms deliveries and help... Published 14 Jun, 2022 10:35am
World World headed for new era of nuclear rearmament: SIPRI STOCKHOLM: The number of nuclear weapons in the world is set to rise in the coming decade after 35 years of decline... Published 14 Jun, 2022 05:56am
World Russian forces cut last route out of Sievierodonetsk KYIV/BAKHMUT, (Ukraine): Russian forces tightened their grip on the eastern Ukrainian city of Sievierodonetsk on... Published 14 Jun, 2022 05:56am
Markets Ukraine sees sharp drop in grain harvest KYIV: A senior government official said on Monday Ukraine’s grain harvest was likely to drop to around 48.5 ... Published 14 Jun, 2022 05:56am
Markets Russia becomes India’s second biggest oil exporter NEW DELHI: Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third... Published 14 Jun, 2022 05:56am
World 25% of Ukraine's arable land lost to war: Kyiv KYIV: Ukraine has lost a quarter of its arable land since Russia's invasion, notably in the south and east, the... Published 13 Jun, 2022 11:13pm
World Fired over Ukraine posts, Russian lecturer fights to keep teaching VOLGOGRAD: In the bedroom of his modest apartment in the southern Russian city of Volgograd, ex-university lecturer... Published 13 Jun, 2022 10:54am
Markets Russia earns $98bn from fuel exports in 100 days of Ukraine war: report PARIS: Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in... Published 13 Jun, 2022 10:10am
Business & Finance End of an era as Russia’s McDonald’s reopens under new name MOSCOW: The restaurant that launched McDonald’s in Russia in 1990, heralding Moscow’s opening after decades of... Published 13 Jun, 2022 06:19am
Business & Finance WTO chief says ‘cautiously optimistic’ ahead of high-stakes meet GENEVA: The World Trade Organization chief voiced cautious optimism Sunday as global trade ministers gather to ... Published 13 Jun, 2022 06:19am
Opinion Russia’s state-owned RNRC to reinsure Russian oil shipments State-controlled Russian National Reinsurance Company (RNRC) is now the main reinsurer of Russian ships, including... Published 12 Jun, 2022 06:55am
Opinion The challenge of rising inflation Inflation occurs when spending on goods and services outstrips production. Prices can rise because of supply... Published 12 Jun, 2022 06:55am