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Economy
11:17 13/07/2022Germany to stop buying Russian coal on Aug 1, oil on Dec 31, official saysGermany will completely stop buying Russian coal on Aug. 1 and Russian oil on Dec. 31, marking a major shift in the source of the country's energy supply, deputy finance minister Joerg Kukies said at...
11:15 11/07/2022Oil prices fall in volatile tradeOil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a worry that outweighed...
15:45 09/07/2022Apple CEO Tim Cook takes ride in Rivian electric pickupApple Inc.’s Tim Cook was spotted in downtown Sun Valley Thursday taking a ride in a Rivian Automotive Inc.
12:00 07/07/2022British Airways to cut 10,300 more flights until end of OctoberBritish Airways has announced it will axe another 10,300 short-haul flights until the end of October, The Independent reports.
14:35 06/07/2022British Airways cancels another 1,500 flightsBritish Airways has cancelled a further 1,500 flights, mostly for July, BBC News reports. The wave of cancellations made over the past weeks will affect tens of thousands hoping to jet off this...
12:40 06/07/2022OPEC Secretary General Mohammad Barkindo dies at 63Mohammad Barkindo, a Nigerian politician and the secretary general of oil producer group OPEC, died at the age of 63, just days before he was set to finish his term at the organization, CNBC reported.
17:00 05/07/2022Drought emergency declared in Italy's northern regionsItaly has declared a state of emergency in five northern regions surrounding the Po River amid the worst drought in 70 years, BBC News reports.
14:34 04/07/2022ARARAT Cherry: Bright facets of classic brandy in new product of ARARAT flavors rangeARARAT Cherry is the new facet of ARARAT, which embodies the richness of Armenian brandy and perhaps the most widespread symbol of prosperity, generosity of nature and contemplation.
11:01 04/07/2022Tesla deliveries fall due to China factory shutdownTesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges...
17:00 02/07/2022Global oil prices could hit $380 per barrel, JPMorgan warnsGlobal oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, Bloomberg reports, citing JPMorgan Chase & Co.
17:00 01/07/2022Japan enters energy-saving period for first time in seven yearsJapanese households and businesses on Friday entered a three-month period to conserve electricity to prevent a power crunch amid a record-breaking heat wave, marking the first time in seven years...
11:03 01/07/2022Converse Bank to cover insurance costs within the framework of program lendingFrom now on the borrowers of Converse Bank will be able to enjoy not only competitive interest rates, but they will also have the opportunity to get new real estate and accidental damage insurances.
17:00 30/06/2022Millions of Australian bees put in lockdown due to deadly parasiteMillions of Australian bees are in "lockdown" and thousands will be destroyed after a deadly parasite was detected in the country, BBC News reports.
12:11 30/06/2022Oil prices dip on ThursdayOil prices edged lower in volatile trading on Thursday as the market weighed concerns of global supply and a build in U.S.
11:13 28/06/2022Russia defaults on its foreign debt for first time since 1918Russia defaulted on its foreign debt obligations for the first time since 1918 on Monday, according to Moody’s.
17:15 27/06/2022Armenian exporters and farmers may go bankrupt amid Larsi road closure, economist warnsEconomist Suren Parsyan on Monday reacted to the closure of the Stepantsminda-Larsi highway, which connects Armenia and Russia via Georgia, due to damage caused by heavy rains.
14:57 27/06/2022ANIF uses names of foreigners to cover up shady deals – PastinfoThe foreign leaders of the Armenian National Interests Fund (ANIF) are unaware of, if not isolated, from the trust management of the shares of the Zangezur Copper Molybdenum Combine (ZCMC), Pastinfo...
13:00 27/06/2022Israel may allow Iran to transfer oil to Syria under US supervisionIsrael may give its approval to a reported US-brokered deal allowing Iran to transfer oil to Syria, ahead of the resumption of talks to revive the nuclear agreement between Tehran and world powers,...
16:10 24/06/2022Germany reportedly looking at expropriating unused Nord Stream 2 pipelineThe German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast, Reuters said, citing local...
16:22 23/06/2022U.S. to provide $120 million grant to Armenia for democratic reformsThe United States Agency for International Development (USAID) will issue a $120 million grant to Armenia, Arayik Harutyunyan, the chief of the prime minister's staff, told a cabinet meeting on...