Chanel stores in the UAE reportedly refused to sell products to Russian customers unless they signed a document committing not to use the products in Russia.

For months, Ukrainian President Volodymyr Zelensky has been asking Western allies for heavy weapons, vowing that his forces could turn the tide of the war with more firepower. The calls appear to be resonating now, with a host of NATO countries pledging to provide a range of heavy weapons and...

Russian President Vladimir Putin congratulated French President Emmanuel Macron on his re-election and defeat of far-right candidate Marine Le Pen, the Kremlin said Monday, as tensions remain over the Ukraine conflict. Macron was one of the few Western leaders to contact Putin since Moscow moved troops into Ukraine.

The United States' top diplomat and defence chief were in Ukraine's capital Sunday, Kyiv said, making the first high-level visit by US officials since Russia invaded two months ago as hundreds remain trapped in the besieged city of Mariupol. The trip by Secretary of State Antony Blinken and Defence Secretary...

Soaring fuel prices in Morocco have placed billionaire petrol magnate Aziz Akhannouch -- who is also prime minister -- at the heart of a reignited debate about the conflict between business and politics. For the first time since the war in Ukraine led to a global jump in crude prices,...

Turkey has been trying to negotiate an end to the conflict between the two countries, hosting meetings between Russian and Ukrainian negotiators in its capital Istanbul, as well as a summit between the two countries' foreign ministers in Antalya.

Russian forces, which withdrew from around Kyiv and the north of Ukraine earlier this month after being frustrated in their attempts to take over the capital, already occupy much of the eastern Donbas region and the south.

UN Secretary General Antonio Guterres will meet with President Volodymyr Zelensky in Ukraine next week after a stop in Moscow to confer with President Vladimir Putin about the war, the UN said Friday. Guterres will see Zelensky and Ukraine's foreign minister on Thursday, two days after visiting Moscow, the United...

Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite concerns about inflation and Russia's war in Ukraine. Meanwhile goods and services prices rose at an unprecedented rate in April amid another near-record rise in firms' costs.

Italy is ethically obliged to stop buying Russian gas "soon" as the payments are funding the Ukraine war, the country's Ecological Transition Minister Roberto Cingolani said in an interview Thursday. The minister is currently on a two-day trip to Angola and Congo Republic seeking energy deals as Italy scrambles to...

President Vladimir Putin said the ‘liberation’ of Mariupol was a ‘success’ for Russian forces, but also ordered Defense Minister Sergei Shoigu to call off the planned storming of the Azovstal industrial area, dismissing it as "impractical". Around 2,000 Ukrainian forces are still in the plant.

Oil began inching upward on Thursday after a day of losses over demand concerns linked to the Covid-19 lockdown in China. Ongoing restrictions in the country, including in the economic hub of Shanghai where tens of millions are confined to their homes, have hit transport networks but traders are balancing...

Ukraine on Sunday vowed to fight to the end in Mariupol after a Russian ultimatum expired for remaining forces to surrender in the Black Sea port city where Moscow is pushing for a major strategic victory. "The city still has not fallen," Prime Minister Denys Shmyhal said hours after Moscow's...

Faced with surging inflation that is hitting poor families especially hard, which has sparked unrest in some countries, policymakers should take immediate steps to offset the pain with targeted and temporary relief, IMF chief economist Pierre-Olivier Gourinchas said Tuesday. "We've seen already in some countries people protesting when they see...

The Swiss banking giant said it has taken a hit from the Ukraine war, litigation.

European car sales sank in March as Russia's invasion of Ukraine added more problems to a sector already struggling with shortages of semiconductors, industry data showed Wednesday. Passenger car registrations fell 20.5 percent compared to the same period last year, with 844,187 units sold, according to the European Automobile Manufacturers'...

Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north African nation's main sources of wheat. El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources...

Russian President Vladimir Putin on Saturday, April 16, called Saudi Crown Prince Mohammed bin Salman bin Abdulaziz.

France and Algeria have been attempting to improve their ties after a diplomatic crisis.

The European Space Agency on Wednesday ended cooperation with Russia on three missions to the Moon due to Moscow's invasion of Ukraine, following a previous decision to do the same for a Mars mission. The ESA said it would "discontinue cooperative activities" on Luna-25, 26 and 27, a series of...

The German auto giant said operating profit rose to $9.3bn.

The war in Ukraine has "multiplied risks" for the Middle East and North Africa's poorer countries by raising food and energy prices, the World Bank said, warning of potential social unrest. In its latest update the development lender said inflationary pressures set off by Covid-19 "are likely to be exacerbated"...

The war in Ukraine has undercut the global recovery, slowing expected economic growth in most countries in the world, IMF Managing Director Kristalina Georgieva said Thursday. Families already were struggling with higher energy and food prices and "the war has made this much worse."

European Central Bank policymakers meet on Thursday faced with the challenge of threading a response between record-high inflation figures and weak growth due to the war in Ukraine.

US President Joe Biden announced an $800 million military aid package for Ukraine on Wednesday as international prosecutors declared the war-torn Western ally a "crime scene" amid fears of a massive revamped Russian assault. The Russian military has threatened to strike Ukraine's command centers in the capital Kyiv if Ukrainian...

Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its invasion of Ukraine, according to the IEA, which advises developed countries on their energy policies.

President Joe Biden for the first time Tuesday accused Vladimir Putin's forces of committing genocide in Ukraine, where Russia was intensifying its campaign to subdue the devastated port city of Mariupol. Biden's accusation came as Moscow -- already accused by the West of widespread atrocities against civilians -- was feared...

In a monthly report, the OPEC said world demand would rise by 3.67 million barrels per day (bpd) in 2022, down 480,000 bpd from its previous forecast

In Denmark, large black pipes are about to be buried in a muddy trench, as construction of a gas pipeline from Norway to Poland resumes following Russia's invasion of Ukraine. From plans for liquefied natural gas terminals in northern Germany, Finland and France to potential new routes through Spain and...

Russia's invasion created a crisis of 'immense proportions' and a 'severe blow' to the global economy. Russia's war in Ukraine could almost halve world trade growth this year and drag down global GDP growth too, the World Trade Organization (WTO) projected Monday. The WTO said that the Russian invasion dealt...

Italian Prime Minister Mario Draghi arrived in gas powerhouse Algeria on Monday as Rome steps up efforts to reduce its heavy reliance on Russian energy imports. Italy buys the vast majority of its natural gas from overseas, with over 40 percent of those imports coming from Russia. But the war...

Swedish firm said it was suspending its operations.

The war in Ukraine has exposed not only Germany's dependence on Russian gas, but also the large share of Russian capital in the country's oil refineries, pipelines and other gas infrastructure. Energy deals with Russia were long seen as part of a German policy of keeping the peace through cooperation...

The PCK refinery in Germany has been processing crude oil from Russia since before reunification, but a looming ban on Russian oil has put its future in doubt.

Egypt’s annual inflation rate hit 12.1 percent in March, official figures showed Sunday, as foreign reserves declined by $4 billion during the same month, according to the central bank. "The annual headline inflation rate recorded 12.1 percent for March 2022, compared to 4.8 percent for the same month last year,"...

In a bombed-out building in northwest Syria, rescue workers who for years have braved Russia's war strategies film a tutorial video for Ukrainian volunteers.

Across the MENA region, people are struggling to secure even the most basic staples in view of soaring food and fuel prices triggered by Russia's February invasion of Ukraine.

Evacuations resumed on Saturday from Kramatorsk, in eastern Ukraine, where a missile strike killed 52 people at a railway station a day earlier, as British Prime Minister Boris Johnson became the latest Western leader to visit Kyiv.

Experts say the chances of reforms will remain slim so long as the permanent members refuse to accept any dilution of their power.

Russia denied being behind the missile strike, which came even as European Commission President Ursula von der Leyen and EU foreign policy chief Josep Borrell were visiting Kyiv for talks with Ukrainian President Volodymyr Zelensky and to visit the scene of civilian killings in the town of Bucha.

Russia's invasion of Ukraine sent ‘shocks’ through markets for staple grains and vegetable oils, the UN's Food and Agriculture Organization has said.

Nations and their companies have axed business ties with Russia over Ukraine.

More than 11 million people in Ukraine have been displaced since Russia invaded on February 24, aiming to seize the capital Kyiv. With that goal thwarted, it is instead trying to create a land link between occupied Crimea and Moscow-backed separatist statelets in Donbas.

The European Central Bank has voiced its concern that cryptos can be used to evade Russian sanctions. But, the co-founder and CEO of Binance, the world’s largest crypto exchange by trading volume, said cryptos cannot be used to dodge sanctions.

The United States, in coordination with the G7 and European Union, will ban "all" new investments in Russia on Wednesday in its latest round of sanctions, a source said. The joint measures, in response to Russia's invasion of Ukraine and alleged carrying out of atrocities, "will include a ban on...

The EU is considering to hit Russia with sanctions on oil or coal over the war in Ukraine, a top official said on Tuesday, though some countries remain worried of the potential economic fallout.

The wheat is being procured from Europe, North and South America, and Australia, and will arrive in Saudi Arabia from September to November this year.

Inflation was up from 54.4% in February to 61.14% in March.

Suez Canal posted twenty percent increase in revenue in the first quarter of 2022 despite the Russian-Ukraine war disturbing the global supply chain.

Ukrainian authorities said Saturday the body of a well-known photographer, Maks Levin, had been found near a village in the region around Kyiv that had been caught up in the fighting. Levin became the sixth journalist killed in the war, according to Reporters Without Borders.