Business

The world's top cryptocurrency, bitcoin, rallied above $18,000 on Wednesday for the first time in almost three years. Analysts attributed the surge to global events and bullish fundamentals in crypto....

The BRICS group is focused on economic recovery amid the pandemic, according to India's Prime Minister Narendra Modi. He also said India's vaccine production and distribution capacity will help humanity....

Brazilian, Chinese and Russian firms are carrying out pivotal phases of clinical trials of coronavirus vaccines, Chinese President Xi Jinping said at the 12th annual BRICS Summit on Tuesday. As...

BRICS member states have taken emergency steps in order to support national industries, finance and welfare in response to the global coronavirus pandemic, Russian President Vladimir Putin said on Tuesday....

The five major emerging economies of the BRICS bloc – Brazil, Russia, India, China and South Africa – can facilitate a global economic rebound from the Covid-19 crisis, Brazilian President...

UK budget carrier EasyJet said on Tuesday that the company's revenue had dropped 52.9 percent year-on-year to just £3 billion ($4 billion) due to the Covid pandemic having brought the...

OPEC+'s technical meeting finished on Monday with widespread support for a three-month extension of the current level of oil production cuts, sources told Reuters on Monday. OPEC sources hinted last...

OPEC+'s technical meeting finished on Monday with widespread support for a three-month extension of the current level of oil production cuts, sources told Reuters on Monday. OPEC sources hinted last...

One of the doctors advising Joe Biden on the coronavirus has said the US needs to impose a complete lockdown for four to six weeks as the government can just...

Louisiana landlords have filed a federal lawsuit seeking to overturn a moratorium on some rental evictions ordered by the U.S. Centers for Disease Control and Prevention to avoid spreading the...

Universal Pictures has struck another deal with a major theater chain to shorten the theatrical window from three months to as little as 17 days in an effort to adapt...

The Covid-19 pandemic is bringing “unparalleled challenges,” but the BRICS New Development Bank (NDB) is “rising to the occasion” to tackle the crisis and boost the trade bloc's economic recovery,...

The newest Russian nuclear-powered icebreaker, the ‘Arktika', has set off on its maiden voyage in the Arctic waters of the Northern Sea Route, AtomFlot press service reported on Monday. “On...

The world's top metals consumer, China, is considering opening up its commodities markets, as the government wants increased pricing power in the markets it dominates. Copper is the major target...

Sharply weaker oil prices, the COVID-19 pandemic, and heightened geopolitical uncertainty have done little to blunt Brazil's epic offshore oil boom. By September 2020 Brazil had soared to be the...

President Donald Trump is rebelling against Democrat Joe Biden's victory in the presidential election with denial, delay and outright misrepresentation. Trump raged about widespread cases of fake ballots that aren't...

President Donald Trump is rebelling against Democrat Joe Biden's victory in the presidential election with denial, delay and outright misrepresentation. Trump raged about widespread cases of fake ballots that aren't...

President-elect Joe Biden's scientific advisers plan to meet with vaccine makers in coming days even as a stalled presidential transition keeps them out of the loop on government plans to...

President-elect Joe Biden's scientific advisers plan to meet with vaccine makers in coming days even as a stalled presidential transition keeps them out of the loop on government plans to...

President-elect Joe Biden's scientific advisers plan to meet with vaccine makers in coming days even as a stalled presidential transition keeps them out of the loop on government plans to...

Beijing boasts that it's installed around 700,000 5G base stations across the country – more than it had planned to have by year's end, beating other major powers in the...

The African internet economy could see massive expansion in the near future, with its contribution to the continent's gross domestic product (GDP) surpassing $700 billion in three decades. According to...

A new cargo port with coal, oil, gas and bunker terminals will be built in Russia's Sakhalin, according to the press service of the regional government. The construction of the...

As legendary investors and analysts warn about the looming demise of the greenback and look for hedging strategies, Bitcoin is emerging as the perfect way to protect those assets, say...

A mystery buyer has bought an extremely rare purple-pink 14.83-carat diamond, which was mined and cut in Russia. The gem has become the largest of its kind ever to appear...

Ten members the Association of Southeast Asian Nations (ASEAN) and five other Asia-Pacific countries, including regional leader China, have inked the world's largest free-trade pact that covers nearly a third...

Ten members the Association of Southeast Asian Nations (ASEAN) and five other Asia-Pacific countries, including regional leader China, have inked the world's largest free-trade pact that covers nearly a third...

The city of Vienna has reportedly suffered the first setback in a dispute with descendants of the Rothschild banking dynasty, who sued the authorities over a charitable trust with assets...

Britain may fast-track the sales ban on new petrol and diesel-powered cars as the government is reportedly poised to move the measure forward by another five years. The ban, which...

Qualcomm has confirmed that it has obtained the necessary license from the US government to sell 4G chips to China's Huawei. The supplies were previously banned by Washington as it...

The Chinese markets are becoming a more competitive place for foreign capital investment while the greenback is weakening, Ray Dalio, the founder of the world's largest hedge fund, Bridgewater, believes....

The Russian Finance Ministry has proposed diversifying the assets of the National Wealth Fund (NWF), allowing part of them to be kept in precious metals, including gold. The draft bill,...

Joe Biden faces a decision unlike any other incoming president: whether to back a short-term national lockdown to finally arrest a raging pandemic. For now, it's a question the president-elect...

Joe Biden faces a decision unlike any other incoming president: whether to back a short-term national lockdown to finally arrest a raging pandemic. For now, it's a question the president-elect...

The review of a federal utility's CEO compensation following President Donald Trump's criticisms of the pay scale will continue into 2021, according to its board chairman. John Ryder, Tennessee Valley...

The review of a federal utility's CEO compensation following President Donald Trump's criticisms of the pay scale will continue into 2021, according to its board chairman. John Ryder, Tennessee Valley...

Kim Ng became the highest-ranking woman in baseball operations in the major leagues when she was hired Friday as general manager of the Miami Marlins. Ng is believed to be...

The unemployment rate fell sharply in the United States last month despite the surging coronavirus cases in the country. The numbers have been better than expected by economists. RT's Boom...

The development banks of the BRICS trade bloc will meet on Monday to adopt joint principles for responsible financing and to discuss measures for combatting the global coronavirus pandemic. The...

The western edge of Miami's ritzy Design District is being turned inside out — literally — to create a new wing for the luxury shopping and design neighborhood. The Market...