Business

September 26, 2020
India’s debt level to surpass 90% of GDP amid record economic contraction – S&P

Despite retaining India's credit rating at the lowest investment grade, ratings agency S&P Global warned that the Asian economy will face mounting deficit and debt levels in fiscal 2021 in...

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September 26, 2020
Iran significantly boosts oil exports despite sanctions

According to a recent estimate from TankerTracker, oil exports from Iran hit a year and a half high in August despite heavy sanctions from the US. Iran is estimated to...

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September 26, 2020
Hundreds of US companies join Tesla to challenge Trump’s trade war tariffs – media

Lawsuits against the Trump administration have piled up over the last fortnight as some 3,500 American firms, including auto majors, retailers and pharmacies, were reported to challenge US tariffs on...

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September 25, 2020
Largest California wildfire threatens marijuana-growing area

California's largest wildfire is threatening a marijuana-growing enclave, and authorities said many of the locals have refused to evacuate and abandon their maturing crops even as weather forecasters predict more...

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September 25, 2020
TikTok case not critical in US-China relations, but became cause célèbre in Chinese media, economics professor tells Boom Bust

As US President Donald Trump has now approved “in concept” a deal between TikTok, Oracle, and Walmart, the parties now have until late Sunday to finalize an agreement. RT's Boom...

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September 25, 2020
EU challenges court ruling allowing Apple to avoid paying $15bn tax bill

The European Commission said on Friday it would appeal a court ruling which has sided with Apple over a record €13 billion ($15.12 billion) Irish tax bill. “The Commission has...

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September 25, 2020
More global investors will soon have access to China’s massive bond market

China's sovereign debt is set to be added in another benchmark bond index, World Government Bond Index (WGBI), possibly bringing from $100 to $150 billion worth of foreign investment to...

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September 25, 2020
Florida’s sugar harvest sends fields up in smoke. Some residents are literally sick of it

This article was originally published in Grist, an online environmental news site, and reported in partnership with Type Investigations. The simple act of breathing has been a challenge for residents...

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September 25, 2020
Trade deal between US & India unlikely in next 4 years, says former White House economic adviser

Despite India being an important partner for the United States geopolitically, a bilateral free trade agreement (FTA) is unlikely to be reached soon regardless of who wins the upcoming US...

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September 25, 2020
Trade deal between US & India unlikely in next 4 years, says former White House economic adviser

Despite India being an important partner for the United States geopolitically, a bilateral free trade agreement (FTA) is unlikely to be reached soon regardless of who wins the upcoming US...

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September 25, 2020
Trade deal between US & India unlikely in next 4 years, says former White House economic adviser

Despite India being an important partner for the United States geopolitically, a bilateral free trade agreement (FTA) is unlikely to be reached soon regardless of who wins the upcoming US...

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September 25, 2020
Russia’s biggest lender Sberbank wants to transform into Big Tech company

In a major strategy shift, Sberbank, the most popular Russian lender, wants to build its own ecosystem going far beyond the world of finance and to be known not just...

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September 25, 2020
Russia’s biggest lender Sberbank wants to transform into Big Tech company

In a major strategy shift, Sberbank, the most popular Russian lender, wants to build its own ecosystem going far beyond the world of finance and to be known not just...

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September 25, 2020
GOP duo reshapes Montana politics to match Trump’s vision

Steve Daines is the affable one, the smiler, a consummate salesman who parlayed his corporate success into a meteoric rise through Montana politics and a seat in the U.S. Senate....

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September 25, 2020
GOP duo reshapes Montana politics to match Trump’s vision

Steve Daines is the affable one, the smiler, a consummate salesman who parlayed his corporate success into a meteoric rise through Montana politics and a seat in the U.S. Senate....

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September 24, 2020
Small goal frames changed before Tottenham’s EL game

Tottenham had to ask for the goal frames to be changed ahead of its Europa League qualifying win over North Macedonian club Shkendija on Thursday after discovering they were too...

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September 24, 2020
Small goal frames changed before Tottenham’s EL game

Tottenham had to ask for the goal frames to be changed ahead of its Europa League qualifying win over North Macedonian club Shkendija on Thursday after discovering they were too...

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September 24, 2020
Small goal frames changed before Tottenham’s EL game

Tottenham had to ask for the goal frames to be changed ahead of its Europa League qualifying win over North Macedonian club Shkendija on Thursday after discovering they were too...

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September 24, 2020
Small goal frames changed before Tottenham’s EL game

Tottenham had to ask for the goal frames to be changed ahead of its Europa League qualifying win over North Macedonian club Shkendija on Thursday after discovering they were too...

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September 24, 2020
Kansas farm device triggers police response to shooting call

Authorities responding to a call about deputies being shot at briefly shut down the Kansas Turnpike Wednesday night and sent an armored vehicle and drone to the scene. It turned...

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September 24, 2020
NBC Sports Group promotes Bevacqua to chairman

Pete Bevacqua has been promoted to chairman of the NBC Sports Group. He succeeds Mark Lazarus, who was named chairman of NBCUniversal Television and Streaming in May. Lazarus had been...

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September 24, 2020
Trump niece files suit saying family cheated her of millions

Donald Trump's niece followed up her best-selling, tell-all book with a lawsuit Thursday alleging that the president and two of his siblings cheated her out of millions of dollars over...

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September 24, 2020
Boris Becker denies criminal bankruptcy claims in London

Former tennis star Boris Becker appeared in a London court Thursday, pleading not guilty to a string of criminal charges related to his bankruptcy case. Becker, who was declared bankrupt...

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September 24, 2020
California to ban sales of gasoline cars by 2035

California's Governor, Gavin Newsom, signed an executive order to ban the sales of new passenger vehicles with internal combustion engines from 2035 in the state's latest push towards a cleaner...

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September 24, 2020
Trump’s ‘tough guy’ China-bashing is a ‘political movie’ made for domestic American market, Professor Wolff tells Boom Bust

As relations between the world's two major economies, the US and China, continue to deteriorate, RT's Boom Bust talks to Professor Richard Wolff about what's really going on. “What we're...

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September 24, 2020
US economy is a hologram composed of memes like Tesla – Max Keiser

Keiser Report hosts, Max and Stacy look at the growing value of ‘intangibles' in the stock market as the real economy disappears, only to be replaced by goodwill, derivatives, and...

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September 24, 2020
Russia projected to dominate global wheat exports for years to come

With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers. Algeria's state grains agency said...

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September 24, 2020
DOLLAR will CRASH in 2021, US should brace for double-dip recession, economist warns

Next year will be brutal for the US currency, according to Yale University senior fellow Stephen Roach. He said that his “seemingly crazed idea” that the dollar will crash shouldn't...

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September 24, 2020
Tiny Rubik’s Cube goes on sale in Japan for anniversary

A tiny but playable Rubik's Cube, so little it fits on your fingertip, has gone on sale in Japan for 198,000 yen, or about $1,900, for delivery starting in December....

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September 24, 2020
Asia Today: China to let in more foreigners as virus recedes

Foreigners holding certain types of visas and residence permits will be permitted to return to China starting next week as the threat of coronavirus continues to recede. The new regulation...

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September 23, 2020
Utility equipment eyed as possible source of fire near LA

Federal investigators are looking into whether a huge wildfire near Los Angeles was sparked by Southern California Edison utility equipment, the company said. Edison has turned over a section of...

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September 23, 2020
World may be running out of gold with mine production in decline

While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine. According...

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September 23, 2020
World may be running out of gold with mine production in decline

While uncertainty created by the global pandemic has sparked a surge in gold buying, analysts are raising concerns over how much of the precious metal is left to mine. According...

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September 23, 2020
Washington will lose its war against Huawei, economist tells Boom Bust

With rising US-China tensions affecting the tech sector, Intel has secured a license to supply equipment to 5G giant Huawei. RT's Boom Bust explores why Washington allowed this to happen....

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September 23, 2020
China ramps up US crude oil imports as elections near

China has been buying a lot of US crude oil lately as part of the trade deal, but this buying spree could be about to end. This month alone, China...

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September 23, 2020
Americans hoarding trillions of dollars in cash amid pandemic & presidential election uncertainty – Morgan Stanley

New research by investment bank Morgan Stanley found that US consumers have been saving more money than ever, having stockpiled a record $12.5 trillion in savings from April through July....

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September 23, 2020
Wealth tax is almost impossible, says billionaire Jamie Dimon

Calculating wealth can be “extremely complicated,” according to JPMorgan Chase CEO Jamie Dimon, who says the rich should be taxed on their income which is “given” and harder to cheat....

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September 23, 2020
Wealth tax is almost impossible, says billionaire Jamie Dimon

Calculating wealth can be “extremely complicated,” according to JPMorgan Chase CEO Jamie Dimon, who says the rich should be taxed on their income which is “given” and harder to cheat....

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September 22, 2020
How major US stock indexes fared Tuesday

Stocks rebounded on Wall Street Tuesday, recovering some of their losses after tumbling on a raft of worries about the pandemic and governments' response to it. The S&P 500 gained...

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September 22, 2020
Migrant women to no longer see doctor accused of misconduct

Immigration authorities have stopped sending detained women to a rural Georgia gynecologist accused of performing surgeries without consent, a government spokesman said Tuesday. Dr. Mahendra Amin faces allegations that he...

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