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Russia suspends Ukrainian grain export deal, following attack on Sevastopol
Russia has suspended its participation in UN-brokered agreement to export grain for Ukraine, following drone…
UK PM Rishi Sunak won’t attend COP27 in Egypt to focus on domestic issues
UK Prime Minister Rishi Sunak and King Charles III will not be attending the climate conference COP27, which will…
ECB raises interest rate by 75 basis points to combat inflation
The European Central Bank (ECB) has increased on Thursday a 75-basis point interest rate to combat inflation…
Mercedes-Benz to leave Russian markets, sell shares to local investor
Germany’s Mercedes-Benz announced on Wednesday that it will sell its assets, industrial and financial services…
Zara to exit Russian market, sells its businesses to UAE’s Daher Group
Zara owner Inditex has announced on Tuesday that it would sell all its business in Russia to UAE-based Daher Group,…
DeFacto launches sports collection from recycled materials
Turkish fashionwear DeFacto has launched a significant activewear collection of sweatshirt and sweatpants made from…
Rishi Sunak set to be UK’s first ever Hindu prime minister
Rishi Sunak is set to become the UK’s new Prime Minister this week, replacing the country’s shortest-serving leader…
EasyJet offers Brits all-inclusive winter holiday to Egypt
British airline EasyJet holidays has launched 28-day all-inclusive package holiday to Egypt, as it considers the…
The current global economic crisis is the hardest in 80 years – Egypt PM
The Egyptian Economic Conference 2022 (EEC 2022) is taking place amid one of the “worst global economic crises in…
Biden to release 15 million barrels of oil from strategic petroleum reserve ahead of…
U.S. President Joe Biden's administration plans to announce later on Wednesday that he will release 15 million…