Business

February 22, 2021
Russian e-commerce market posts explosive growth during Covid pandemic

Online shopping was booming in Russia last year, with trade volumes increasing by nearly 60 percent compared to 2019, according to a business group representing major online retailers operating in...

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February 22, 2021
What a twist! Bitcoin investments bring Tesla more returns than sales of electric vehicles

Investing in bitcoin has already yielded US electric car producer Tesla its first gains of around $1 billion. The figure leaves the company's profits from selling its electric vehicles (EV)...

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February 22, 2021
Russia-Germany trade turnover falls to lowest level in 16 years

The volume of trade between Russia and Germany declined by 22.2 percent in 2020, year-on-year, to €44.9 billion ($54.4 billion), according to data from the German Committee on Eastern European...

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February 22, 2021
Boeing backs decision to suspend 777s with P&W4000 engines by US and Japan, recommends airlines follow suit

Boeing has urged global carriers to temporarily halt flights of its planes with engines similar to that which suffered a catastrophic failure and exploded mid-flight over the US city of...

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February 21, 2021
Russia to team up with UAE to develop supersonic passenger jet – trade minister

Russia's United Aviation Corporation and Mubadala, the investment fund of the United Arab Emirates, will create a joint venture for developing and manufacturing a supersonic business-passenger jet. The conceptual design...

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February 21, 2021
Can Oil And Electric Vehicles Coexist In Modern Markets?

Both EV stocks and oil stocks are rising in an increasingly irrational market, but while the electric vehicle industry is quickly developing, the oil industry is maturing quickly. Although the...

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February 21, 2021
UK government to hike corporation tax to offset expense of Covid-19 aid – report

The British finance minister, Rishi Sunak, is reportedly planning to raise the tax on business to defray the costs of expanding the nation's Covid-19 support package. The government is expected...

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February 21, 2021
World debt soars to record $281 TRILLION in 2020, set to rise again this year – report

The Covid-19 pandemic has added $24 trillion to the global debt mountain over the last year, the Institute of International Finance (IIF) said. Government spending has accounted for about half...

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February 20, 2021
Meteoric growth: Bitcoin keeps beating its own best, shooting past $57,000

The price of the world's most valued digital asset has surged past $57,000, breaking the previously set record in less than 12 hours. Bitcoin has demonstrated a nearly nine-percent day-by-day...

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February 20, 2021
Russia’s Rostech cooperates with UAE strategic developer to produce new light helicopters

The Russian government commission that examines foreign investments has approved a deal reached between VR-Technologies (VRT), a subsidiary of Russian Helicopters, and the Abu Dhabi-based Tawazun Strategic Development Fund. According...

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February 20, 2021
Iran plans petrochemical BOOM despite US sanctions

Iran's petchems sector now accounts for over 30 percent of all its non-oil exports and Tehran is planning to boost this further through the build-out of a number of dedicated...

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February 20, 2021
Covid-19 aftermath: Coronavirus pandemic to force more than 100 million people to switch jobs within 10 years

Over 100 million workers across the world's top economies will have to change occupations by 2030, disruption due to Covid-19 pandemic having accelerated current shifts in labor markets, consultant firm...

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February 20, 2021
Gold price hits seven-month low as investors turn to other assets

The yellow metal has lost its shine for investors this week, with gold prices plunging on Friday to levels unseen since early July, 2020. Gold futures for April touched $1,759...

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February 19, 2021
Mars landing team ‘awestruck’ by photo of descending rover

The world got its first close-up look at a Mars landing on Friday, as NASA released a stunning picture of its newest rover being lowered onto the dusty red surface....

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February 19, 2021
Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for March delivery fell $1.28 to $59.24 a barrel Friday. Brent crude oil for April delivery fell $1.02 to $62.91 a barrel. Wholesale gasoline for March...

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February 19, 2021
House approves emergency rental help for Idaho residents

The House on Friday approved $175 million in emergency rental assistance as people struggle to pay rent during the coronavirus pandemic. Lawmakers voted 59-8 to approve the money that also...

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February 19, 2021
Black North Carolina firefighters file discrimination suit

A group of Black firefighters in North Carolina has filed a lawsuit against their city and their fire chief, alleging that he has not made an effort to prevent racial...

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February 19, 2021
GOP plan to curb jobless aid during pandemic sparks backlash

Republican legislators and a powerful business group are pushing a proposal to make it harder for unemployed Kansas workers to get extended benefits, arguing that extra weeks of aid are...

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February 19, 2021
Magnitude 4.2 earthquake in rural Oklahoma at Kansas border

An estimated magnitude 4.2 earthquake was recorded Friday in a rural area along Oklahoma's border with Kansas, according to the U.S. Geological Survey. The earthquake was recorded at 7:56 a.m....

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February 19, 2021
UK’s top court rejects Uber appeal, says drivers are workers

The U.K. Supreme Court ruled Friday that Uber drivers should be classed as “workers" and not self employed, in a decision that threatens its business model and holds broader implications...

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February 17, 2021
Hong Kong stock market turnover more than quadruples that of London’s exchange – media

Stock trading volumes on the Hong Kong Stock Exchange have seen enormous growth this year. They are now four times greater than the daily turnover on the London Stock Exchange....

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February 17, 2021
Bitcoin rockets past $51,000 to reach new all-time high

The world's most valuable cryptocurrency, bitcoin, continued its rally on Wednesday, soaring above the $51,000 mark. Tuesday had seen it hit $50,000 for the first time ever. The crypto coin...

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February 17, 2021
Oil pushing higher as winter storm cripples US energy sector

Crude prices extended their 13-month highs on Wednesday as freezing weather in the US had a severe impact on the country's oil industry, wiping out a record one-third of the...

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February 17, 2021
Boom Bust explores what is wrong with Parler after social media platform returns online

The social network favored by American right-wing users, Parler, came back online on Monday with a redesigned website, one month after it was cut off by Amazon and other tech...

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February 17, 2021
Boom Bust explores what is wrong with Parler after social media platform returns online

The social network favored by American right-wing users, Parler, came back online on Monday with a redesigned website, one month after it was cut off by Amazon and other tech...

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February 17, 2021
How India’s hunger for oil could transform the Middle East

India's rapidly growing oil demand and good relations with Washington make it a key element in US's new strategy to counter China's rapidly increasing influence in the Middle East. The...

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February 17, 2021
How India’s hunger for oil could transform the Middle East

India's rapidly growing oil demand and good relations with Washington make it a key element in US's new strategy to counter China's rapidly increasing influence in the Middle East. The...

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February 17, 2021
Jeff Bezos overtakes Elon Musk to reclaim world’s richest person title

Amazon CEO Jeff Bezos has reclaimed the top spot on the world's richest list, winning the title back from Tesla CEO and SpaceX founder Elon Musk just weeks after losing...

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February 17, 2021
Jeff Bezos overtakes Elon Musk to reclaim world’s richest person title

Amazon CEO Jeff Bezos has reclaimed the top spot on the world's richest list, winning the title back from Tesla CEO and SpaceX founder Elon Musk just weeks after losing...

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February 17, 2021
Bitcoin at $50k is the BIGGEST BUBBLE of them all, says gold bug Peter Schiff

As the world's largest cryptocurrency, bitcoin, hit another price milestone on Tuesday, gold enthusiast and crypto-skeptic Peter Schiff continued to insist there is no value in the digital token. “A...

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February 17, 2021
Bitcoin at $50k is the BIGGEST BUBBLE of them all, says gold bug Peter Schiff

As the world's largest cryptocurrency, bitcoin, hit another price milestone on Tuesday, gold enthusiast and crypto-skeptic Peter Schiff continued to insist there is no value in the digital token. “A...

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February 16, 2021
Dogecoin can be part of world with hundreds of reserve currencies – analyst to Boom Bust

Cryptocurrency dogecoin, which was initially invented as a joke, has seen wild swings in recent weeks as billionaire Elon Musk used Twitter to spark investors' interest in the canine-themed token....

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February 16, 2021
Dogecoin can be part of world with hundreds of reserve currencies – analyst to Boom Bust

Cryptocurrency dogecoin, which was initially invented as a joke, has seen wild swings in recent weeks as billionaire Elon Musk used Twitter to spark investors' interest in the canine-themed token....

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February 16, 2021
Dogecoin can be part of world with hundreds of reserve currencies – analyst to Boom Bust

Cryptocurrency dogecoin, which was initially invented as a joke, has seen wild swings in recent weeks as billionaire Elon Musk used Twitter to spark investors' interest in the canine-themed token....

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February 16, 2021
Death and taxes: Every war in history is made possible by some sort of tax, financial writer tells Keiser Report

Max Keiser interviews the author of ‘Daylight Robbery', Dominic Frisby, about taxes, how they arose, and their unique qualities in America. “You design a society the way you tax it,...

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February 16, 2021
Death and taxes: Every war in history is made possible by some sort of tax, financial writer tells Keiser Report

Max Keiser interviews the author of ‘Daylight Robbery', Dominic Frisby, about taxes, how they arose, and their unique qualities in America. “You design a society the way you tax it,...

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February 16, 2021
China may exercise ‘nuclear option’ against US defense industry with rare-earths export ban – reports

The world's largest rare-earth miner, China, is reportedly trying to calculate the damage to US defense contractors if it moves to curb supplies of the minerals vital for the country's...

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February 16, 2021
China may exercise ‘nuclear option’ against US defense industry with rare-earths export ban – reports

The world's largest rare-earth miner, China, is reportedly trying to calculate the damage to US defense contractors if it moves to curb supplies of the minerals vital for the country's...

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February 16, 2021
India’s economic recovery gaining steam, S&P says

South Asia's largest economy, India, is on track to recover from a pandemic-led contraction by next year, according to ratings agency S&P Global. It expects the economy to grow ten...

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February 16, 2021
India’s economic recovery gaining steam, S&P says

South Asia's largest economy, India, is on track to recover from a pandemic-led contraction by next year, according to ratings agency S&P Global. It expects the economy to grow ten...

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