Business

October 4, 2020
World’s second-biggest cinema chain Cineworld reportedly closing all venues in US, UK & Ireland amid fresh James Bond film delay

Leading global cinema operator Cineworld is reportedly planning to close its sites in the US, the UK and Ireland after studios pushed back the release of big budget films casting...

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October 4, 2020
‘Demoralizing’ aviation layoffs may jeopardize another 10 million jobs outside industry – Allied Pilots Association spokesman

US airlines have let go thousands of workers and could fire even more if the US government fails to provide additional aid to the troubled industry amid the collapse in...

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October 4, 2020
‘Demoralizing’ aviation layoffs may jeopardize another 10 million jobs outside industry – Allied Pilots Association spokesman

US airlines have let go thousands of workers and could fire even more if the US government fails to provide additional aid to the troubled industry amid the collapse in...

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October 4, 2020
‘Demoralizing’ aviation layoffs may jeopardize another 10 million jobs outside industry – Allied Pilots Association spokesman

US airlines have let go thousands of workers and could fire even more if the US government fails to provide additional aid to the troubled industry amid the collapse in...

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October 4, 2020
Japan’s Sony & chipmaker Kioxia want to resume supplying sanctioned Huawei – report

Risking facing massive losses due to sweeping US sanctions on Huawei, Japanese suppliers Sony and computer memory maker Kioxia have reportedly applied for a US license to continue doing business...

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October 4, 2020
The Latest: Navajo Nation reports 17 new cases, no deaths

WINDOW ROCK, Ariz. -- The Navajo Nation, which sprawls across Arizona, New Mexico and Utah, reported 17 new coronavirus cases and no new deaths Saturday. The total number of deaths...

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October 4, 2020
The Latest: Navajo Nation reports 17 new cases, no deaths

WINDOW ROCK, Ariz. -- The Navajo Nation, which sprawls across Arizona, New Mexico and Utah, reported 17 new coronavirus cases and no new deaths Saturday. The total number of deaths...

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October 4, 2020
The Latest: Navajo Nation reports 17 new cases, no deaths

WINDOW ROCK, Ariz. -- The Navajo Nation, which sprawls across Arizona, New Mexico and Utah, reported 17 new coronavirus cases and no new deaths Saturday. The total number of deaths...

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October 3, 2020
New coronavirus lockdowns could cost $900mn & destroy 18,000 jobs per week, defiant Madrid warns

Madrid's regional authorities seek to challenge the Spanish government's decision to impose new curbs to contain the spread of Covid-19, saying the measures will cost the region's population dearly. According...

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October 3, 2020
Russia gets closer to new wheat harvest record thanks to surging grain yields

Russia has boosted grain yields by around six percent year-on-year, harvesting 124 million tons of grain, according to the latest data from the Russian Ministry of Agriculture. With harvest season...

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October 3, 2020
Hurricane Laura shut in largest oil production volume since 2008

Hurricane Laura, which stormed through the US Gulf of Mexico at the end of August, forced shut-ins of an estimated 14.4 million barrels of crude oil during the two weeks...

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October 3, 2020
New trade war front? US looks into Vietnam’s trade & currency practices

Using the same law that allowed the US to impose tariffs on billions of dollars worth of Chinese imports, the Trump administration opened an investigation into the trade practices of...

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October 2, 2020
Construction starting on Dakota Access pipeline pump station

Construction on a new pump station to help push more oil through the Dakota Access pipeline in North Dakota is scheduled to begin next week, a state official said Friday....

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October 2, 2020
Trump’s diagnosis rocks final stage of presidential campaign

An election year already defined by a cascade of national crises descended further into chaos Friday, with President Donald Trump heading to a military hospital with the coronavirus after consistently...

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October 2, 2020
LA Kings fire mascot employee accused of harassment

The Los Angeles Kings have fired the employee who dresses as the hockey team's mascot after an investigation into a sexual harassment lawsuit filed against him earlier this year. Tim...

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October 2, 2020
Harvey Weinstein charged with 3 more rapes in California

Harvey Weinstein was charged Friday with the rape of two more women. The former movie mogul now faces 11 sexual assault counts involving five women in California as he serves...

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October 2, 2020
Dollar going down regardless of who’s elected US president – Peter Schiff

The US currency was “the mirror image” of precious metals, such as gold and silver, as well as equities in the third quarter of this year, according to veteran stockbroker...

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October 2, 2020
EU making Brexit tough for UK to deter other nations from leaving, British American Business Association tells Boom Bust

The European Union has launched legal action against the UK over a Brexit bill proposal, saying Britain has breached its previous commitments. RT's Boom Bust looks at the issue with...

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October 2, 2020
India may soon become Tesla’s next automotive frontier – Elon Musk

Tesla CEO Elon Musk has hinted the world's top electric car maker could enter India's huge automobile market as soon as 2021. “Next year for sure. Thanks for waiting,” Musk...

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October 2, 2020
Global markets fall after Trumps test positive for Covid-19

US and European equities dropped on Friday after US President Donald Trump announced that he and First Lady Melania Trump had tested positive for coronavirus. The Dow Jones Industrial Average...

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October 2, 2020
Move over dollar: Chinese yuan ends quarter with biggest gains in 12 years

The Chinese currency has started drawing investor attention as a safe haven asset from volatility after its best performance in more than a decade. The onshore renminbi gained almost four...

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October 1, 2020
Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for November delivery fell $1.50 to $38.72 a barrel Thursday. Brent crude oil for December delivery fell $1.37 to $40.93 a barrel. Wholesale gasoline for November...

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October 1, 2020
US traffic deaths fell 2% in 2019; 3rd straight yearly drop

Traffic deaths in the U.S. fell for the third consecutive year in 2019, the government's road safety agency reported. The downward trend is continuing into this year with people driving...

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October 1, 2020
Court: Amazon not liable in teen’s powdered caffeine death

Retail giant Amazon can't be held responsible under current Ohio product liability law in the death of a high school senior who ingested powdered caffeine, the state Supreme Court said...

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October 1, 2020
Every corporation in America is now on government life support, Professor Wolff tells Boom Bust

The US economy has suffered its sharpest drop in the second quarter of 2020, with GDP plunging more than 31 percent due to the Covid-19 pandemic and the ensuing shutdowns....

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October 1, 2020
Full stream ahead! Denmark removes final hurdle for Russian gas pipeline to Europe

The Danish Energy Agency (DEA) announced on Thursday that it has given the operator of Nord Stream 2 project a license to conduct operations along that country's continental shelf. “Nord...

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October 1, 2020
Queen of England’s property portfolio like any other ‘offshore type of arrangement,’ so she can’t lose – Keiser Report

The hosts of RT's Keiser Report, Max and Stacy, look at the commercial real estate catastrophe roiling property markets in the United Kingdom and United States. Apparently, according to the...

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October 1, 2020
Queen of England’s property portfolio like any other ‘offshore type of arrangement,’ so she can’t lose – Keiser Report

The hosts of RT's Keiser Report, Max and Stacy, look at the commercial real estate catastrophe roiling property markets in the United Kingdom and United States. Apparently, according to the...

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October 1, 2020
Saudi Arabia’s economy hit hard by oil price crash

Saudi Arabia's economy shrank by 7 percent, with the unemployment rate hitting a record high in the second quarter as the combined effect of the oil price crash and the...

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October 1, 2020
Saudi Arabia’s economy hit hard by oil price crash

Saudi Arabia's economy shrank by 7 percent, with the unemployment rate hitting a record high in the second quarter as the combined effect of the oil price crash and the...

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October 1, 2020
Saudi Arabia’s economy hit hard by oil price crash

Saudi Arabia's economy shrank by 7 percent, with the unemployment rate hitting a record high in the second quarter as the combined effect of the oil price crash and the...

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October 1, 2020
American & United axing 32,000 jobs as government cannot agree on airline bailout

US airlines are preparing to lay off tens of thousands of employees unless they get additional federal aid. The industry has been struggling to stay afloat amid an unprecedented collapse...

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October 1, 2020
Tokyo Stock Exchange halts trading for entire day due to major glitch ‘not related to hacking’

Japan's Tokyo Stock Exchange (TSE) has shut down all trading for a full day due to a systemwide technical error. Though the exchange says the glitch is unrelated to hacking,...

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October 1, 2020
James, Herro see popularity rise in the NBA playoffs

LeBron James' popularity, even in his 17th season, cannot be argued. The NBA released jersey-sales and social media data Wednesday, with the Los Angeles Lakers' star forward atop both lists....

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September 30, 2020
Worst drop EVER: US economy plunges over 31% in second quarter

US gross domestic product (GDP) fell by a 31.4 percent annualized rate last quarter, marking the steepest drop in output since the government started keeping records in 1947, the Commerce...

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September 30, 2020
Kenzo gets the buzz at bee-themed Paris Fashion Week show

A hybrid Paris Fashion Week continued Wednesday featuring a stand out live runway show from socially-distanced Kenzo, but no sign of any A-list celebrities. Here are some highlights: KENZO GETS...

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September 30, 2020
Longshoremen and travel agents urge the CDC to lift the no-sail order for cruising

Longshoremen and travel agents held a rally at PortMiami Terminal D to urge the CDC to lift the no-sail order for cruising and allow the industry to restart. … Click...

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September 30, 2020
China to probe Google over Android’s possible market abuse – report

Beijing is preparing to launch an antitrust probe into Alphabet's Google, looking into allegations it has leveraged the dominance of its Android mobile operating system to stifle competition, Reuters reported,...

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September 30, 2020
India looks to store oil in the US to reduce supply risks

The world's third-biggest oil importer, India, is considering using storage facilities in the United States and other commercially viable locations to reduce its supply risks. “We are also exploring overseas...

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September 30, 2020
Chinese manufacturing activity continues to expand, recovering from Covid crisis

China's official manufacturing Purchasing Manager's Index (PMI) for September has come in at 51.5, as compared to 51.0 in August, according to its National Bureau of Statistics (NBS). A figure...

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