Ford to close oldest Brazil plant, exit South America truck biz

  02/19/2019 07:55 PM

  Tesla to offer Model 3 leasing products to boost demand: Electrek

  02/19/2019 07:51 PM
Elon Musk's Tesla Inc is preparing to launch its leasing products for Model 3, news website Electrek said on Tuesday, citing an email sent to employees.

  Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs

  02/19/2019 07:45 PM
Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela, but capped by soaring U.S. production and expectations of an economic slowdown.

  U.S. settles with Teva over keeping generic drugs off market

  02/19/2019 07:36 PM
The U.S. government has reached a settlement with Teva Pharmaceuticals Industries Ltd over charges that its agreements with rivals impeded consumer access to lower-priced generic drugs.

  Gender pay gap grows at hundreds of big firms

  02/19/2019 07:03 PM
The pay gap has widened at one in four firms that have revealed their figures ahead of the deadline.

  Exclusive: Fed's Williams says new economic outlook necessary for rate hikes

  02/19/2019 06:57 PM
New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now and that he sees no need to raise them again unless economic growth or inflation shifts to an unexpectedly higher gear.

  Walmart holiday-quarter sales jump, says consumers still spending

  02/19/2019 06:10 PM
Walmart Inc posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer spending despite recent signs of a slowdown.

  Kellogg, Mondelez stock up on Pringles, Milka for fear of Brexit

  02/19/2019 06:09 PM
As Brexit looms, Kellogg Co and Mondelez International Inc are taking measures to protect Britons from a potential shortage of Pringles chips, BelVita biscuits and Milka chocolate.

  Wall Street rises modestly on Walmart bump

  02/19/2019 05:36 PM
U.S. stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed in Washington.

  Ford scales back in South America

  02/19/2019 05:27 PM
It will close a factory in Brazil after more than 50 years, following major cuts in Europe.

  House launches probe of US nuclear plan in Saudi Arabia

  02/19/2019 05:18 PM
A government report says the US is rushing to transfer sensitive nuclear technology to Saudi Arabia.

  U.S. watchdog proposes 'testing waters' before public offerings

  02/19/2019 05:00 PM
The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out privately before going public.

  Gold hits 10-month peak on growth worries; dollar dips

  02/19/2019 04:19 PM
Gold prices rose to a 10-month high on Tuesday as concerns over a global economic slowdown spurred a safe-haven bid and were also supported by a weaker U.S. dollar, which fell on optimism for a breakthrough in U.S.-China trade talks.

  Allergan should explore selling itself: Appaloosa's Tepper

  02/19/2019 04:05 PM
Billionaire hedge fund manager David Tepper stepped up pressure on Allergan Plc, saying on Tuesday the drugmaker should consider selling itself if management is unable to turn around recent lagging performance.

  Trade war: Trump says no 'magical date' for US-China deal

  02/19/2019 03:54 PM
The comments come as US and Chinese officials rush to clinch a deal ahead of a 1 March deadline.

  Trump says March 1 deadline for China trade talks not 'magical' date

  02/19/2019 03:52 PM
U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a "magical" date.

  Brent dips as demand worries weigh, U.S. oil prices hit 2019 high

  02/19/2019 03:18 PM
Oil prices were mixed on Tuesday as concerns about global crude oil demand and uncertainty over the latest round of U.S.-China trade talks countered investor optimism around tightening supplies.

  Trump says March 1 deadline for China trade talks not 'magical' date

  02/19/2019 02:58 PM
U.S. President Donald Trump said on Tuesday that trade talks with China were going well and suggested he was open to pushing off the deadline to complete negotiations, saying March 1 was not a "magical" date.

  Honeywell-Pratt venture protests GE's Army helicopter contract

  02/19/2019 02:34 PM
A joint venture of Honeywell International Inc and Pratt & Whitney on Tuesday protested the U.S. Army's decision to award General Electric Co a $517 million contract for new Black Hawk and Apache helicopter engines.

  U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures

  02/19/2019 01:57 PM

  U.S. seeking stable yuan pledge in China trade deal: Bloomberg TV

  02/19/2019 12:46 PM
The United States is seeking to secure a pledge from China it will not devalue its yuan as part of an agreement intended to end the countries' trade war, Bloomberg TV reported on Monday.

  Barclays hoped 2008 cash call would drive international growth, court told

  02/19/2019 12:44 PM
Barclays believed deals with strategic investors during the 2008 financial crisis would help to provide a springboard for its international ambitions, the bank's former chairman told a London criminal trial on Tuesday.

  Google to buy data migration company Alooma in cloud push

  02/19/2019 12:31 PM
Alphabet Inc's Google said on Tuesday it will buy data migration company Alooma, as part of efforts to catch up with bigger cloud service rivals Inc and Microsoft Corp.

  Brexit: What trade deals has the UK done so far?

  02/19/2019 12:10 PM
The UK says it want to replicate the EU's trade agreements "as far as possible".

  Netflix Toronto production hub to create 1,850 jobs annually

  02/19/2019 12:02 PM
Netflix Inc said on Tuesday it is creating a production hub with two studios in Toronto that is expected to create 1,850 jobs per year.

  UK farmers promised 'no deal' protection

  02/19/2019 11:51 AM
Michael Gove has promised to protect farmers from cheap food imports.

  Karl Lagerfeld, iconic Chanel fashion designer, dies

  02/19/2019 11:07 AM
The fashion world pays tribute to the giant, who was working right up until his death.

  Asda sales growth slows amid 'challenging' trade

  02/19/2019 09:56 AM
Sales growth eased at the UK's third largest supermarket chain as Brexit uncertainty affected shoppers.

  Siemens to team up with Russian firm to make equipment for Arctic LNG 2 project in St. Petersburg

  02/19/2019 09:53 AM
Preview German engineering giant Siemens is planning to produce compressors for the Arctic LNG 2 project near St. Petersburg. It will be a joint venture with Russia’s state-run firm Power Machines.
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  Estonia orders Danske Bank branch to shut

  02/19/2019 09:51 AM
The bank's Tallinn branch has been at the centre of a money-laundering scandal.

  Will the new Silk Road make China a global superpower? – RT’s Keiser Report finds out

  02/19/2019 09:19 AM
Preview China’s ambitious multi-trillion-dollar Belt and Road Initiative (BRI) could become a once-in-a-century geopolitical initiative if successful, according to politician and business strategist Bruno Maçães.
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  Rail firms say pre-paid ticket issue 'now resolved'

  02/19/2019 08:55 AM
Passengers were not able to collect pre-paid tickets from machines across the country.

  UK employment hits another record high

  02/19/2019 08:50 AM
A record 32.6 million people were in work between October and December, official figures show.

  Kimbolton Fireworks ceases trading after 55 years

  02/19/2019 08:46 AM
It supplied fireworks for the opening and closing ceremonies of the 2012 Olympic and Paralympic Games.

  Honda confirms Swindon car plant closure

  02/19/2019 08:14 AM
The firm says the move is due to global changes in the car industry and has nothing to do with Brexit.

  Mongolia may shut down all KFC restaurants after hundreds of food poisoning reports

  02/19/2019 07:27 AM
Preview Outlets of American fast food giant KFC could be suspended in Mongolia pending inquiries after 247 people reported symptoms of poisoning, such as diarrhea and vomiting after visiting one of its restaurants.
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  US sanctions help India become No.1 buyer of Venezuelan crude

  02/19/2019 05:39 AM

  China-US trade spat may leave American kids without toys

  02/19/2019 04:02 AM
Preview The growing uncertainty over trade between Beijing and Washington could affect the entire toy industry, boosting prices for American consumers and leaving Chinese producers out of the US market.
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  HSBC profits hit by China slowdown

  02/19/2019 03:33 AM
Profits at Europe's largest bank rise by less than forecast after a challenging end to 2018.

  Replacing failed shops 'won't save city centres'

  02/19/2019 03:22 AM
Authorities should try to attract high-paying office jobs to revive the High Street, a think tank says.

  Russia’s Gazprom to start China gas pipeline by December 1

  02/19/2019 03:20 AM

  Female mechanic helps women learn about cars

  02/18/2019 07:45 PM
Mechanic Louise Baker has set up a service in Birmingham aimed at women.

  'People use storage for life events'

  02/18/2019 07:04 PM
"We have to be mindful of the moments in life our customers are in," says storage boss Anthony Paine.

  How Brexit hit the pound in your pocket

  02/18/2019 07:03 PM
The value of the pound has changed a lot over the past three years - making us all a little poorer.

  Could hackers 'brainjack' your memories in future?

  02/18/2019 07:03 PM
A decade from now, memory-boosting implants could be available commercially, but at what risk?

  Fast fashion: 'Penny on a garment' to drive clothes recycling

  02/18/2019 07:00 PM
Clothing brands and retailers should pay per item to fund a £35m annual recycling scheme, MPs say.

  Huawei founder: 'No way US can crush us'

  02/18/2019 05:04 PM
Ren Zhengfei described the arrest of his daughter Meng Wanzhou, the company's chief financial officer, as politically motivated.

  The US cannot crush us, says Huawei founder

  02/18/2019 05:00 PM
Ren Zhengfei says the firm will survive despite security concerns and his daughter's legal troubles.

  Ren Zhengfei: Huawei's reclusive founder

  02/18/2019 12:41 PM
When Ren Zhengfei started Huawei in 1987 little did he know it would become a global telecoms giant.

  China to develop drought & flood resistant farmland in area bigger than Spain

  02/18/2019 10:03 AM

  Moscow knows top Baring Vostok businessman as major investor in Russia, alarmed by his arrest

  02/18/2019 09:20 AM

  Flybmi won't be the last airline failure, say analysts

  02/18/2019 08:39 AM
The airline's collapse follows a string of European failures as a perfect storm hits the industry.

  Hey UK! It's not just Venezuela, what happened to Australia's gold?

  02/18/2019 07:43 AM
Preview Geopolitical and trade tensions along with US sanctions have shaken trust in the US dollar over recent years. As a result, a number of global central banks have been boosting their national reserves of gold bullion.
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  Russian ‘space yachts’ to fly tourists to near-Earth orbit in 5 years

  02/18/2019 07:06 AM

  Manchester United: Saudi Arabia prince Mohammed Bin Salman denies takeover bid

  02/18/2019 06:01 AM
Saudi Arabia Crown Prince Mohammed Bin Salman's media minister has denied reports linking him with a £3.8bn takeover of Manchester United.

  Egypt is shaping up to become a real energy hub

  02/18/2019 04:14 AM

  Balmoral Tanks loses 'price-fixing' court case

  02/18/2019 02:33 AM
Aberdeen-based Balmoral Tanks loses court battle over £130,000 fine imposed by competition authority.

  Brexit: Will Britons living in the EU still get healthcare?

  02/17/2019 07:16 PM
A reader asks about state healthcare for UK nationals in EU countries.

  How sending handwritten letters created a $1bn firm

  02/17/2019 07:03 PM
Technology company Celonis got its first business customers by writing them letters by hand to stand out from the crowd.

  Pakistan gets $20bn investment pledge from Saudi Arabia amid MBS visit

  02/17/2019 04:24 PM
Preview Islamabad has received a hefty investment pledge of $20 billion from Saudi Arabia, which seeks to even further expand its contributions to the economically-embattled country.
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  Plane and simple: Argentina to give Bolivia a jet if it needs more natural gas

  02/17/2019 07:15 AM
Preview The changes to the gas contract between Argentina and Bolivia will allow Buenos Aires to save some $460 million, but the deal has one curious detail on what happens if Argentina needs more supplies.
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  India to continue buying Venezuelan oil despite US warning

  02/17/2019 12:42 AM

  How Lidl learnt to be less German in the UK

  02/16/2019 08:14 PM
Ronny Gottschlich, the former boss of Lidl, explains how the German discounter grew in the UK.

  Quadriga: The cryptocurrency exchange that lost $135m

  02/16/2019 07:41 PM
When Quadriga's founder died he left behind a mystery: what happened to millions in cryptocurrency?

  Moscow court orders US investor of Baring Vostok to be held in custody over $37mn fraud allegations

  02/16/2019 10:55 AM

  This Russian airport is listed among the world’s best (PHOTOS)

  02/16/2019 10:45 AM

  Germans go gaga for Russian food discounter Mere amid nostalgia for ‘Iron Curtain’ era

  02/16/2019 01:01 AM
Preview A Russian grocery retailer was nearly forced to close during its grand opening week in Germany when a huge crowd of Leipzig locals arrived and gobbled up almost the entire inventory.
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  If you can’t bit them, coin them: Bitcoin-skeptic JP Morgan reveals its own cryptocurrency

  02/15/2019 09:44 AM

  Russian PM calls on government to go beyond ‘dry figures’ to address poverty

  02/15/2019 08:18 AM

  US investor & top partners of Baring Vostok equity fund detained in Moscow on fraud allegations

  02/15/2019 06:31 AM
Preview A Moscow district court has ordered the detention of the founder and senior partner of Baring Vostok private equity, as part of an ongoing inquiry into fraud allegations. Other employees were also taken into custody.
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  Russia will launch Arctic LNG 2 project even if US sanctions scare off investors – Finance Ministry

  02/15/2019 05:24 AM

  Russia calls latest US sanctions ‘just another schizoid story’

  02/15/2019 04:38 AM
Preview Russia is not afraid of sanctions and new penalties won’t hugely harm the economy, according to Prime Minister Dmitry Medvedev. However, he added that the measures may slow development.
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  No way back for Nord Stream 2 pipeline project – Germany

  02/15/2019 02:21 AM

  Meet the tech entrepreneurs tackling sexual harassment

  02/14/2019 07:00 PM
In the wake of the #MeToo movement, new apps are helping victims gather and share evidence.

  How the chocolate bar became a million dollar idea

  02/14/2019 06:57 PM
The BBC's Aaron Heslehurst explains how the chocolate bar became a million dollar idea.

  Boom Bust asks if the bubble is bursting as record number of Americans fall behind on car payments

  02/14/2019 09:12 AM

  US trade war & sanctions open doors for Russian companies in China — Beijing official

  02/14/2019 07:39 AM
Preview The simmering US-China trade war and US sanctions against Russia may become an excellent opportunity for Russian firms, according to the China Overseas Development Association (CODA).
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  US warns the world against buying Venezuelan oil

  02/14/2019 05:33 AM
Preview US National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country said it wants to sell more oil to the fast-growing Indian market.
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  Airbus to stop production of world's largest passenger airliner A380

  02/14/2019 05:10 AM
Preview Europe's aerospace group Airbus has announced it is set to stop making the A380 super-jumbo after its biggest customer, Emirates, reduced the number of orders for the world’s biggest passenger jet.
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  Chinese exports surge despite gloomy forecasts as trade spat with US remains unsolved

  02/14/2019 05:06 AM
Preview Sales of Chinese goods abroad saw a dramatic upsurge in January, according to the latest statistics from China’s General Administration of Customs (GAC). Imports also dropped far less than analysts predicted.
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  Why did the Airbus A380 fail?

  02/14/2019 12:54 AM
It was billed as the future of air travel, but airlines increasingly saw the jet as too big and inefficient.

  Trillion-dollar-valued Amazon pays $0 in income taxes for 2018, gets multi-million refund

  02/13/2019 07:53 PM

  Carlos Ghosn and Japan's 'hostage justice' system

  02/13/2019 07:22 PM
Critics say the pressure to confess is immense and there is no real presumption of innocence.

  The fashion models struggling with a life of debt

  02/13/2019 07:10 PM
Models travel between fashion capitals for the chance to appear on the catwalks, but many will go home without pay and more debt.

  Valentine's Day: This man devised a formula for finding love, and followed it

  02/13/2019 07:09 PM
Wouldn't it make sense to take a more rational approach to choosing your perfect partner?

  Bulgaria freezes accounts of Venezuelan state oil firm after Washington ‘tip-off’

  02/13/2019 10:24 AM
Preview Authorities in Bulgaria have blocked transfers out of bank accounts belonging to Venezuelan state-controlled energy corporation PDVSA, according to Bulgaria’s chief prosecutor Sotir Tsatsarov.
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  May challenged on 'rip-off' energy cap pledge

  02/13/2019 09:51 AM
An MP reminds the PM of her call to end to rip-off energy prices, but tells her 2.5 million people were now in fuel poverty.

  If you bought Apple stock instead of the original iPhone, which would be the better investment?

  02/13/2019 08:45 AM

  Nothing stopping Russian-German trade turnover's rapid growth

  02/13/2019 08:32 AM

  As US piles on sanctions, foreign investors pour more money into Russia

  02/13/2019 04:46 AM

  Venezuelan opposition could soon take over Citgo

  02/13/2019 04:01 AM
Preview The Venezuelan opposition led by Juan Guaido could soon become the owner of PDVSA’s US refining business, Citgo, in what would only deepen the chaos surrounding the country’s state oil company.
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  History made: US national debt tops $22 trillion

  02/12/2019 07:38 PM
Preview The US national debt has climbed above $22 trillion. It is projected to continue rising by a trillion each year over the next decade, due to the cost of pensions and medical care for the retiring Baby Boomers.
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  Brexit healthcare worries for Brits in Spain

  02/12/2019 07:10 PM
British pensioners in Europe worry about healthcare costs in the event of a no-deal Brexit.

  Japan turns to tech to cut long working hours

  02/12/2019 07:09 PM
Overwork is a longstanding problem in Japan and companies are turning to technology for solutions.

  Hotels train staff to spot human trafficking

  02/12/2019 07:07 PM
The check-in desks of hotels are becoming the front line for detecting victims of human trafficking.

  Valentine's Day: Japan falling out of love with 'obligation chocolates'

  02/12/2019 07:06 PM
Some women in Japan are moving away from the custom of giving 'obligation chocolates' to male colleagues.

  'I was in the taxi and he put his hand on my knee'

  02/12/2019 02:12 PM
As taxi drivers face the prospect of extra criminal checks, one woman tells of being assaulted by her driver.

  Blast from the past: Putin wants Russian civilian air travel to go supersonic once again

  02/12/2019 10:14 AM
Preview Russian President Vladimir Putin has backed the idea of a domestically-built supersonic passenger aircraft based on the “brilliant” Tu-160 strategic bomber recently developed for the military.
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  Cheap ticket trick? Lufthansa airline sues passenger for missing flight

  02/12/2019 08:20 AM

  Italy wants to sell national gold reserves to avoid next year's tax hike

  02/12/2019 05:58 AM
Preview The Italian government is considering selling the country’s gold holdings in an attempt to avoid an increase in value-added tax (VAT) next year, one of Italy's oldest newspapers La Stampa reported.
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  China on gold-buying spree amid global push to end US dollar dominance

  02/12/2019 04:33 AM

  OPEC cuts & US sanctions against Iran and Venezuela boosting global crude prices

  02/12/2019 03:00 AM
Preview Oil prices are gaining on Tuesday as the OPEC-led supply deal and US penalties against Iran and Venezuela begin to take hold after crude futures hit two-week lows earlier this week.
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  Saudi Arabia to invest in Russian tourism sector – head of Russia’s wealth fund

  02/11/2019 09:22 AM
Preview Russia and Saudi Arabia are planning to ramp up mutual investments in tourism projects, the CEO of the Russian Direct Investment Fund (RDIF), Kirill Dmitriev, told journalists Monday.
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  South Africa oil discovery could be a game-changer

  02/11/2019 06:38 AM
Preview South Africa’s offshore has just yielded a massive natural gas and condensate find that could open a new exploration province for oil majors and change the energy fortunes of the country.
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  Ruble flexes its muscle after Moody’s lifts Russia’s rating to investment grade

  02/11/2019 04:49 AM
Preview The Russian ruble has been gaining ground on the US dollar and the euro after global credit rating agency Moody’s upgraded Russia’s sovereign rating to investment grade with a stable outlook.
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  Tokyo to boost energy ties with Moscow despite sanctions against Russia - Japan's economy ministry

  02/11/2019 04:10 AM
Preview Amid growing uncertainties on the global oil market, Japan is looking to boost its energy cooperation with Russia, and international sanctions on Moscow don’t prohibit cooperation.
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  'Ideas are worthless, execution matters'

  02/10/2019 07:09 PM
StockX founder Josh Luber says entrepreneurs just need to put "one foot in front of the other".

  Nord Stream 2 is in 'our interest', says German minister amid US pressure on project with Russia

  02/10/2019 09:47 AM
Preview As the US tries to impede Berlin from a joint energy project with Russia – Nord Stream 2 – the German economy minister says that his country will stick to the enterprise, backing Moscow as a reliable partner.
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  Medical tourism to Russia booms as high-quality, low-cost treatment attracts foreigners

  02/10/2019 05:19 AM
Preview The number of foreigners coming to Russia for medical treatment is growing exponentially, rising by 40 percent last year, according to Medsi, one of the biggest networks of private clinics in Russia.
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  Brexit exit? Paris flat reportedly sold for record $44 million to mysterious British tycoon

  02/10/2019 12:28 AM
Preview The most expensive apartment on the Parisian property market has been sold for a hefty sum of €39 million ($44mn) to an unidentified wealthy “industrialist,” who is reportedly leaving Britain because of Brexit.
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  Venezuela’s oil giant PDVSA moves joint ventures’ accounts to Russia’s Gazprombank – report

  02/09/2019 05:45 PM

  Eurozone’s economic growth forecast cut due to ‘large uncertainty’

  02/09/2019 01:34 PM

  US tells Iran’s oil customers not to expect new waivers

  02/09/2019 09:18 AM
Preview Iran’s oil customers should not expect new US waivers in May, the US Special Representative for Iran, Brian Hook, said this week, urging buyers to stop importing Iranian oil.
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  Russia-led free-trade zone will soon include 5 more countries

  02/09/2019 02:17 AM
Preview Free-trade agreements are expected to be signed between the Russia-led Eurasian Economic Union (EEU) and Israel, Singapore, India, Egypt and Iran in the near future.
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  Canada between rock & hard place over Huawei ban decision, as Boom Bust explains

  02/08/2019 10:06 AM
Preview Canada, like several other countries, is considering banning tech giant Huawei amid fears that future 5G networks could be used for spying by Chinese intelligence.
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  The ‘shocking details’ of the Green New Deal

  02/08/2019 09:58 AM
Preview The long-awaited Green New Deal was unveiled in Washington on Thursday, laying down a marker for 2020 and beyond.
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  France makes Germany sweat before striking deal on Russia’s Nord Stream 2 gas pipeline

  02/08/2019 08:43 AM
Preview Paris has settled on a compromise with Berlin, allowing Germany to remain the key negotiator with Russia on the Nord Stream 2 gas pipeline to Europe.
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  Dump dollar for gold: Russia mulls eliminating gold tax to boost investment at greenback's expense

  02/08/2019 06:34 AM

  Railway section of cross-border bridge linking Russia & China to be ready in March

  02/08/2019 04:29 AM
Preview Construction of the final deck for the railroad bridge over the Amur River to the Chinese city of Tongjiang will be finished next month, according to the government of Russia’s Jewish Autonomous Region.
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  Are Russia, China & Turkey bringing back the gold standard? RT’s Keiser Report finds out

  02/07/2019 10:15 AM
Preview Global central banks bought more bullion last year than at any time since 1971, when the US ended the gold standard.
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  Is France trying to derail Germany’s key energy plan for Russian gas pipeline?

  02/07/2019 10:10 AM

  How Washington could spoil the OPEC – Russia alliance

  02/07/2019 08:54 AM
Preview OPEC and Russia are officially working to establish a formal alliance that would allow for the indefinite management of the oil market.
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  Century behind Europe: World Bank says Ukraine needs up to 100 yrs to reach German growth

  02/07/2019 05:57 AM
Preview It will take Ukraine between 50 and 100 years to get to the same level of economic development as its European partners, the World Bank has revealed, as it called on Kiev to boost reforms further.
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  Made-in-China diamonds ready to rock global market

  02/07/2019 04:57 AM
Preview China, a major consumer of mined diamonds, now has a realistic chance of becoming a supplier of man-made gems and shaping the industry, analysts say.
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  Electric cars will kill oil demand within decade, Bank of America predicts

  02/06/2019 09:03 AM
Preview Bank of America Merill Lynch sees a peak in global demand for crude oil around 2030, followed by a period of rapid decline as a result of the electrification of transportation.
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  Putin offers to extend foreign asset amnesty for Russian entrepreneurs

  02/06/2019 08:33 AM

  Venezuela to redirect US oil exports to Europe & Asia

  02/06/2019 07:21 AM
Preview Caracas will do everything possible to minimize effects of US sanctions against Venezuelan energy giant PDVSA on the global oil market, the technical adviser for the state-run firm, Ronny Romero, said.
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  OPEC wants formal alliance with Russia to manage global oil market – report

  02/06/2019 06:17 AM
Preview Saudi Arabia and its allies in the Organization of the Petroleum Exporting Countries (OPEC) are reportedly trying to deepen partnership with Russia-led oil producers, seeking to seal a new formal pact with Moscow.
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  McDonald’s to boost investment in Russia, new restaurants & services on the way

  02/06/2019 04:52 AM
Preview US fast food giant McDonald’s has announced plans to increase investment in Russia by 40 percent this year and accelerate the opening of new restaurants.
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  Russia & Iran ditching dollar for trade in favor of national currencies – Moscow’s envoy to Tehran

  02/06/2019 03:06 AM
Preview Moscow and Tehran have “essentially” turned away from the greenback in bilateral trade, and are using the ruble and rial for payments, the Russian ambassador to the Islamic Republic has revealed.
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  Iran says it will never accept ‘humiliating conditions’ of EU’s new trade mechanism

  02/05/2019 09:11 AM

  Europe shuns Iranian oil despite US sanctions waivers

  02/05/2019 08:48 AM
Preview Despite being granted exemptions from US sanctions against Iran to enable them to buy Tehran’s oil, some European countries fully cut off crude imports from the Islamic Republic, according to Iran’s oil minister.
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  Siberian discount chain wins over German consumers challenging local giants Aldi & Lidl

  02/05/2019 06:25 AM
Preview One of Russia's largest thrift shop chains, Torgservis, has expanded to Germany with plans to open at least 100 stores in the east of the country. It aims to take on European hard discounters.
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  Russian stock market hits historic high as oil prices rally

  02/05/2019 05:03 AM

  Venezuelan oil exports plunge on ‘harsher’ US sanctions

  02/05/2019 03:07 AM
Preview Venezuela’s oil production could be disrupted to a greater degree than most analysts first thought, as the US government seeks to essentially shut in the country’s oil sector.
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  Russian economy grows most in six years despite Western sanctions

  02/05/2019 02:39 AM
Preview The Russian economy has seen the biggest growth since 2012, expanding by 2.3 percent last year, according to preliminary estimates provided by Russian state statistics agency.
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  Stunning cultural center to rise in Russia’s Black Sea city of Sevastopol

  02/04/2019 09:51 AM
Preview A new education and leisure center is expected to open in Crimea’s largest city, Sevastopol by 2023. It will cover a territory of 18.3 hectares on Cape Crystal between Karantinnaya and Artillery bays.
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  Oil price surges amid OPEC cuts & US sanctions against Venezuela

  02/04/2019 08:04 AM
Preview Crude oil prices hit a 2019 high on Monday. The surge comes shortly after Washington slapped sanctions on the Venezuelan state oil company PDVSA.
Read Full Article at

  Saudi Crown Prince calls billionaire shakedown in Riyadh’s Ritz-Carlton a lucrative success

  02/04/2019 06:38 AM

  Presidential ride: Putin’s limo maker Aurus to take customer pre-orders

  02/04/2019 04:53 AM
Preview Dealers of Russia’s new Aurus cars will start taking pre-orders for its limo and sedan vehicles from February 15, the Russian Ministry of Industry and Trade has announced.
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  Canada’s most crucial pipeline comes under fire

  02/04/2019 04:27 AM
Preview Police and private security contractors have been quietly preparing to head off protests of a key oil pipeline in the US Midwest in an effort to avoid another Standing Rock.
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  Global outages boost oil prices

  02/03/2019 08:45 AM
Preview Oil prices are on track for strong gains this week, and the price increases are not only the result of the crisis in Venezuela.
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  Single Chinese women over 30 get ‘love leave’ to find partner – media

  02/03/2019 12:15 AM

  Pakistan wants to cash in on donkey exports to China

  02/02/2019 06:57 AM
Preview With the third highest donkey population in the world at more than five million, Pakistan plans to make millions of dollars annually in foreign sales.
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  Fly me to the moon: Russia may soon send tourists to space on private shuttle

  02/02/2019 01:07 AM
Preview Russia could see the start of private space tourism in around five years, with participants flying for several minutes to a height of 100km before descending by parachute or engine-powered aircraft.
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  Venezuela to sell gold reserves to UAE without Russia’s help – report

  02/01/2019 08:07 AM
Preview Caracas plans to sell 29 tons of gold to the United Arab Emirates in return for euro in cash, Reuters cites a senior government official as saying. The money is needed to provide liquidity for imports of basic goods.
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  European firms ‘won’t dare’ use new EU payment system for trade with Iran out of fear of US

  02/01/2019 07:09 AM
Preview A new mechanism to allow “legitimate trade” with Iran, which was set up by France, Germany, and the UK this week, doesn’t change anything for European companies, according to independent journalist Luc Rivet.
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  Till debt do us part: Russia and China continue dumping US Treasuries

  02/01/2019 04:36 AM
Preview The latest US Treasury Department data shows that foreign investors slashed their holdings of American debt in November by $105 billion, from a year earlier, to $6.2 trillion.
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  Russia leads global gold purchases to reduce reliance on US dollar

  02/01/2019 02:39 AM
Preview The amount of gold bought by global central banks in 2018 reached the second highest annual total on record, according to the World Gold Council (WGC). The report noted that Russia bought the most gold last year.
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  EU countries move to evade US’ Iran sanctions by setting up payment channel for ‘humanitarian’ trade

  01/31/2019 09:23 AM

  Trump says no final deal on tariffs will be made until he meets with China's President Xi

  01/31/2019 07:53 AM
Preview US President Donald Trump tweeted Thursday that trade talks with Chinese representatives in Washington were going well but wrote no final deal will be signed until he meets with Chinese President Xi Jinping.
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  Russia to bring back the supersonic passenger airliner

  01/31/2019 06:48 AM

  More than half of US coal mines have closed since 2008

  01/31/2019 04:53 AM

  Sri Lanka halts imports of Johnson & Johnson baby powder over concerns about cancer-causing asbestos

  01/31/2019 03:56 AM
Preview Imports of Johnson & Johnson (J&J) talcum powder have been stopped in Sri Lanka until the company proves its product is free from asbestos that may cause cancer.
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  Is a mystery plane heading to Russia loaded with Venezuelan gold?

  01/30/2019 09:46 AM
Preview The Kremlin has called reports of 20 tons of Venezuelan gold heading to Russia fake news. Presidential spokesman Dmitry Peskov advised the public against listening to rumors.
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  Refusal to hand over Venezuelan gold means end of Britain as a financial center – Prof. Wolff

  01/30/2019 08:01 AM

  Ex-insurance agent known as ‘Lord Voldermort’ faces prison for harassing clients

  01/30/2019 07:31 AM

  Russian Nord Stream 2 gas pipeline to Europe will be completed this year

  01/30/2019 05:47 AM
Preview Construction of the Nord Stream 2 pipeline’s branches will be finished by the end of this year, according to the project’s chief financial director Paul Corcoran.
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  Russia vows to defend its Venezuelan oil assets

  01/30/2019 04:05 AM
Preview Russia will defend its interests in Venezuela within the international law using “all mechanisms available to us,” Dmitry Peskov, spokesman for Russia’s President Vladimir Putin, told Russian media on Tuesday.
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  Saudis say forget Khashoggi & let's do business – RT's Boom Bust checks if anyone's interested

  01/29/2019 10:00 AM

  Beijing accuses US of trying to ‘strangle’ Chinese firms in response to Huawei crackdown

  01/29/2019 07:54 AM
Preview China has lambasted the US for its “unreasonable bashing” of Chinese companies, including Huawei, and attempts to “strangle” them after Washington unveiled charges against the technology giant.
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  Chinese investments most at risk from US sanctions against Venezuela

  01/29/2019 06:34 AM
Preview While crisis-torn Venezuela braces for the impact from the latest US economic sanctions, Venezuela’s trading partners are also at great risk.
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  Poland’s gas pipeline ambition is just a pipe dream, industry expert tells RT

  01/29/2019 04:26 AM

  Retirement contribution limits will rise in 2019

  11/01/2018 04:50 PM
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019.