Russia is burning off millions of dollars in gas every day. Here’s why
Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even as it threatens to push...
Coronavirus: China economy shrinks on zero-Covid policy
China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers. Gross domestic product (GDP) fell by...
More than $7 trillion has been wiped out from the stock market this year
Somebody cue the stock market's park ranger: Bears are having a picnic on Wall Street this year. The meltdown of 2022 has wiped out more...
War to cut Ukraine’s economy by almost half
Ukraine's economy is set to shrink by almost half this year as a result of the war, the World Bank has said. The institution forecasts...
Ferrero recalls Kinder Surprise chocolate in salmonella scare
Confectionary maker Ferrero is recalling a number of different products from Dutch shop shelves as the salmonella scare spreads across Europe. The company has...
Heineken to increase beer prices to keep up with Dutch inflation
This week, the major Dutch brewery Heineken announced that the price of their beers would increase as a result of the high inflation rate in...
New variant: chocolate coated pepernoot dominant by December, expert says
People are eating more expensive pepernoten in the run up to the annual Sinterklaas celebrations on December 5. The traditional small spicy biscuit will...
Exports rise 5% in August, but October’s figure is likely to be lower
The Netherlands exported 5% more goods in August than during the same month last year, but the figure is only up 1.7% on August...
How Dubai is embracing Cryptocurrencies
Cryptocurrencies and in particular Bitcoin have been making headlines worldwide, but there's still a lack of understanding about what they are. Dubai recently held...
Home prices hit a new record, because there simply aren’t enough houses for the...
Home prices are setting new records as buyers scramble for an accepted offer amid a continuing inventory crunch. The median sale price was a record high $329,100 in...