Category: Business News

The value-added tax rate could be raised to 22% next year to boost revenue for defense and social spending The…

The draft budget outlines a new gambling tax and higher VAT to fund state spending The Russian Finance Ministry has…

Brussels has unveiled its 19th package of restrictions, which must be approved unanimously by all 27 member states The European…

The video platform’s ownership will reportedly be transferred to a consortium of American investors to avoid being banned in the…

Cooling growth should not be confused with a contraction, Elvira Nabiullina has said Russia is not in recession, central bank…

Beijing is launching two investigations into discriminatory restrictions on its chip industry ahead of talks with Washington  China has launched…

France’s credit score has been downgraded from AA- to A+, the country’s lowest on record, with Fitch Ratings citing political…

PM Francois Bayrou’s government lost a no-confidence vote in parliament amid attempts to rein in the country’s ballooning sovereign debt…

Sber CEO Herman Gref has called for deeper interest rate cuts to spur recovery and avert a recession The Russian…

The government is revising growth and inflation forecasts, Economic Development Minister Maksim Reshetnikov has said Russian growth is losing momentum…