Business

War in Ukraine: Crisis is unleashing ‘hell on earth’ for food prices

The head of the World Food Programme, David Beasley, has warned the conflict in Ukraine could send global food prices soaring, with a catastrophic...

McDonald’s and Coca-Cola boycott calls grow over Russia

Pressure is growing on Western food and drink giants to pull out of Russia due to the invasion of Ukraine. McDonald's and Coca-Cola have been...

Ukraine conflict: Petrol at fresh record as oil and gas prices soar

Petrol prices have hit another record high as oil and gas costs soar amid fears of a global economic shock from Russia's invasion of...

Analysis: China can’t do much to help Russia’s sanction-hit economy

Will China help Russia cope with the fallout from economic sanctions? That has been the big question since Russia invaded Ukraine last week. The two nations have forged...

Why many businesses are getting tougher on Russia than sanctions require

Governments aren't alone in turning the screws on the Russian economy. Dozens of major multinational companies are doing the same. A growing number of businesses are choosing to...

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