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EU targets Russian energy with new sanctions, welcomes Trump measures

EU targets Russian energy with new sanctions, welcomes Trump measures

A worker carries out maintenance tasks at the Eustream gas facility on February 25, 2025 in Velke Kapusany, Slovakia. Robert Nemeti | Getty Images News | Getty Images The European Union on Thursday launched a fresh round of sanctions against Russia for its war in Ukraine, joining the U.S. by targeting Moscow’s energy infrastructure. The package of measures, which…

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China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

China’s property slump is far from bottoming. But Beijing is prioritizing tech growth

A new residential complex under construction in Hangzhou, Zhejiang Province, China on October 20, 2025. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers are unlikely to shore up the country’s struggling real estate sector, analysts told CNBC, even as the housing slump drags on economic growth. The assessment comes as China’s top…

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China and India to face supply jolt as U.S. targets Russia’s oil giants

China and India to face supply jolt as U.S. targets Russia’s oil giants

General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…

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