Financial Services

Ban is latest effort to undercut Russia’s extraction-based economy in response to war in Ukraine.

America will arrive at the Bavarian G7 summit with upgraded plans to try to reduce Beijing’s political and commercial reach.

German Chancellor Olaf Scholz cautioned that the proposal would be difficult to implement.

There was little interest in a special summit in July, despite the pressing economic challenges.

The results come a day after Berlin warned of a high risk to long-term gas supply shortages.

Lawmakers want to prevent scam artists and money launderers from abusing the unregulated industry.

The PMI survey of 5,000 companies is considered one the most reliable leading indicators for economic growth.

As the Central European country takes over the EU presidency, here’s who could be influential.

With Europe beset by multiple crises, Prague will focus on energy security, trade deals and climate change.

The Central European country will be working on a shoestring budget — and under close scrutiny of its commitment to green issues.

‘Current expert forecasts remain far from a stagflation scenario,’ says Central Bank.

Rising energy, fuel, food and housing costs are driving the trend.

It’s only a matter of time before Russia starts pulling tricks on ships at sea and sending goods via friendly countries to avoid and evade sanctions.

Russian representatives will be suspended from the transparency register, as Council of EU takes action.

The EU executive has long opposed the so-called automatic indexation of wages to inflation.

Russia ranked 10th among export destinations outside the EU in May.

The Kremlin’s gas games threaten the bloc’s climate policies, economies and political stability.

It suggests consumer price inflation has not yet reached its peak.

‘We ask the Europeans for the same mechanism as for gas and oil,’ Macky Sall tells Le Journal du Dimanche.

As the Federal Reserve cranks up its campaign to rein in inflation, investors are dumping risky assets in anticipation of rising interest rates.

Cost of living dominates voter concerns ahead of crunch Wakefield by-election.

A tax deal was a top priority for the French Presidency.

A German-Italian deadlock over a common deposit insurance scheme couldn’t be broken.

The EU and UK insurance ban could seriously curtail Russian oil exports elsewhere.