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UK annual inflation slides to 13-month low
UK annual inflation slides to 13-month low
Business and Economy
by  AFP

Britain's annual inflation rate fell sharply to a 13-month low of 8.7 percent in April but prices remain elevated as the country faces a cost-of-living crisis, official data showed Wednesday. It hiked the rate by a quarter-point to 4.5 percent -- its 12th increase in a row, fuelling a cost-of-living crisis across Britain.

China's premier hails close ties in talks with Russian PM
China's premier hails close ties in talks with Russian PM
Business and Economy
by  AFP

China's premier on Wednesday hailed the "strategic cooperative partnership" between Beijing and Moscow as he hosted the Russian prime minister, with the two sides expected to sign a number of economic and infrastructure deals. - China's upper hand - Mishutin is accompanied by a number of top officials, including Deputy Prime Minister Alexander Novak, who handles energy policy.