Finance & Markets

UEC’s AL-41ST-25 Gas Turbine Engine Paves the Way for Russian Technological Independence

The United Engine Corporation (UEC), an arm of "Rostec," has begun testing a prototype of a new gas turbine engine known as the AL-41ST....

Tu-214’s Comeback: Tupolev’s Managing Director Vadim Korolev Talks Modernization and Strategic Vision

"BUSINESS Online" of Tatarstan features an interview with the managing director of Tupolev, Vadim Korolev. In May 2021, he assumed the position, marking his appointment as the...

Weapon Demand Surge: Why Aren’t Profits Soaring for US and EU Firms?

Despite Russia's full-scale invasion of Ukraine in 2022, the aggregate revenue from the sale of weapons and military services of the 100 top defence...

Brazil’s OPEC+ Entry: Analysing the Impact on Global Oil Prices and Market Dynamics

Brazil has decided to join the OPEC+ Charter of Cooperation of oil-producing nations in January 2024, as stated on the OPEC website. Minister of...

Europe’s Winter Gas Dilemma- Storage Capacity Full at 92%, Yet Dark Industrial Clouds Loom

There will be no unanticipated increases in the price of natural gas in Europe this winter. According to Bloomberg, Europe's gas storage facilities have...

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