Business

September 2, 2020
Goldman expects oil to reach $65 next year

Goldman Sachs expects Brent crude to reach $65 a barrel in the third quarter of 2021, although it could end the year lower, at $58 a barrel, according to Goldman...

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September 2, 2020
Sanctioned Venezuelan oil exports rise from historic lows thanks to increase in India sales – report

Increased purchases from India boosted Venezuela's oil exports last month, after they crashed to multi-decade lows under US sanctions. The increase could be short-lived, though, as Washington is threatening to...

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September 2, 2020
‘Deepest recession of our lifetime’: Coronavirus brings Australia’s record economic growth to an end

Australia has become the latest country to officially enter recession - its first in almost 30 years - as the coronavirus crisis continues to wreak havoc around the globe. The...

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September 1, 2020
Britain holds all the cards in post-Brexit deal with EU – business development leader tells Boom Bust

Talks on the future of EU-UK relations have stalled despite the looming Brexit deal deadline. RT's Boom Bust breaks down the key issues holding up the negotiations. Access to fisheries...

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September 1, 2020
Gold & silver rally over weaker US dollar as Fed’s money printing goes into overdrive

The prices of precious metals rose on Tuesday, with gold nearing $2,000 per ounce, as the US dollar extended its losses, slumping to a more than two-year low. December gold...

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September 1, 2020
Plenty of ‘vomit fraud’ in US economy & the Fed is charging you for it – Max Keiser

In the latest episode of the Keiser Report, Max and Stacy analyze a recent policy shift announced by the US Federal Reserve and compare it with a fraudulent scheme. Max...

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September 1, 2020
Eurozone unemployment continues to rise despite easing of coronavirus restrictions

The partial reopening of economies has failed to boost the jobs market in Europe, with the seasonally adjusted July unemployment in both the euro area and the EU as a...

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September 1, 2020
Rising export sales push China’s manufacturing activity to near 10-year highs

China's manufacturing sector expanded again last month at the fastest pace since 2011 thanks to sharp increases in both output and new orders, and a boost in export sales, unseen...

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August 31, 2020
Coronavirus shutdown wipes out nearly a quarter of India’s economy, suffering worst contraction ever

India could be entering a deep recession as its GDP contracted by a record 23.9 percent from April to June, when the coronavirus lockdowns paralyzed business activities in the world's...

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August 31, 2020
Denmark checking Google’s books to make sure US tech firm pays appropriate taxes

With the broader EU digital tax stuck in limbo, Denmark has launched its own review of Google's accounts in the country. The Silicon Valley giant says it has complied with...

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August 31, 2020
China’s economic recovery picks up as services sector accelerates growth

Activity in China's non-manufacturing sector expanded at the fastest pace this month since January 2018, highlighting that the world's second largest economy continues to recover from the coronavirus crisis. Data...

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August 31, 2020
China’s economic recovery picks up as services sector accelerates growth

Activity in China's non-manufacturing sector expanded at the fastest pace this month since January 2018, highlighting that the world's second largest economy continues to recover from the coronavirus crisis. Data...

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August 31, 2020
China’s Huawei responds to US crackdown by boosting investment in Russia

Aggressive US policies targeting Huawei have forced the Chinese tech giant to redirect investment to Russia and expand operations in the country, Huawei founder Ren Zhengfei has revealed. “After the...

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August 30, 2020
Chinese data shows Beijing continues Iranian oil imports

Official Chinese data showed this week that China imported 120,000 barrels per day (bpd) of oil from Iran in July as Beijing returns to reporting crude imports from the Islamic...

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August 30, 2020
World’s biggest diamond miners offer discounts to spark sales crushed by pandemic

Russia's top diamond producer, ALROSA, and its main global competitor, De Beers, have reportedly cut prices for precious stones after sales drastically dropped as a result of the coronavirus outbreak....

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August 29, 2020
Thousands march in Mauritius over dead dolphins, oil spill

Honking and drumming, tens of thousands of people protested Saturday in Mauritius over the government's slow response to an oil spill from a grounded Japanese ship and the alarming discovery...

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August 29, 2020
Fans hope Marvel comic book improves Native representation

Past portrayals of Native American or Indigenous comic book superheroes would often follow the same checklist — mystical powers, an ability to talk to animals and a costume of either...

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August 29, 2020
Electric ships are pushing the boundaries of batteries

Maritime transport is one of the largest consumers of fossil fuels and, as such, a natural target for those looking for cleaner alternatives would be the development of fully electric...

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August 29, 2020
Covid-19 could wipe out more than 100 million jobs & over $1 trillion from global tourism industry

The United Nations (UN) has released figures on the devastating impact of Covid-19 on global tourism, warning that the outbreak may cost the troubled sector $1.2 trillion in losses and...

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August 28, 2020
Gulf Coast refineries restart after hurricane scare

Gulf of Mexico refiners have restarted production following a narrow miss from the devastating hurricane Laura. Refineries along the Gulf Coast began to restart a day after hurricane Laura made...

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August 28, 2020
Nord Stream 2 must be completed: Don’t politicize Russian energy project over Navalny situation – Merkel

German Chancellor Angela Merkel has warned against politicizing the Russian-led Nord Stream 2 gas pipeline, saying that construction of it should be finished, despite US attempts to derail the energy...

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August 28, 2020
Taiwan’s bid to secure elusive trade deal with US likely to draw China’s ire

Export-dependent Taiwan has finally greenlighted imports of American pork and beef, a move that could open up Taiwan-US free trade talks. However, it is unclear how Beijing will react to...

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August 28, 2020
Japan’s stocks slide on news of Prime Minister Shinzo Abe’s resignation

Japan's Nikkei led the losses among Asia's major stock markets on Friday after the country's longest serving prime minister, Shinzo Abe, resigned over health issues. The Nikkei dropped 1.4 percent,...

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August 28, 2020
Japan’s stocks slide on news of Prime Minister Shinzo Abe’s resignation

Japan's Nikkei led the losses among Asia's major stock markets on Friday after the country's longest serving prime minister, Shinzo Abe, resigned over health issues. The Nikkei dropped 1.4 percent,...

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August 27, 2020
US economy suffers sharpest drop ever as GDP crashes nearly 32% during coronavirus peak

In the worst plunge ever recorded, the US economy contracted by 31.7 percent in the second quarter at the height of the Covid-19 crisis, according to revised data released by...

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August 27, 2020
Worst of coronavirus impact on Russia’s economy over – Putin

Russian President Vladimir Putin says the country has already passed the peak of the economic problems caused by the Covid-19 pandemic, paving the way for economic recovery next year. In...

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August 27, 2020
US dollar under threat as American exceptionalism reaches its tipping point – RT’s Keiser Report

In this episode of Keiser Report's annual Summer Solutions series, Max and Stacy sit in with the host of the Breakdown podcast, Nathaniel Whittemore, to discuss the state of the...

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August 27, 2020
Saudi Arabia sees oil revenues plunge in June

The value of Saudi Arabia's oil exports plunged by 54.8 percent year over year in June, or by US$8.7 billion (32.6 billion Saudi riyals), data from Saudi Arabia's General Authority...

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August 27, 2020
Alibaba & other Chinese firms may freeze India investments as business relations sour after deadly border clash

Chinese e-commerce giant Alibaba is reportedly halting investment in Indian startups, in another sign that recent deadly clashes along the countries' Himalayan border are eroding business ties between the two...

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August 27, 2020
The Latest: McEnany says Trump supported her amid mastectomy

One of President Donald Trump's most visible and vocal supporters says her boss's empathy for the changes in her life portray the type of world she wants for her daughter....

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August 26, 2020
Indian merchants sue Amazon over unfair business practices – report

US e-commerce behemoth Amazon could face a new regulatory challenge in India as a group representing over 2,000 vendors has filed a lawsuit claiming the retailer's mistreatment may drive some...

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August 26, 2020
Dollar will crash because US ability to export its overvalued currency is coming to an end – Peter Schiff

Veteran stockbroker Peter Schiff has warned once again that the US currency is doomed and the world will eventually lose confidence in it, which he says should have happened a...

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August 26, 2020
Pandemic profiteer: Jeff Bezos’ fortune skyrockets to nearly $200 BILLION

Amazon stock's surge during the coronavirus pandemic is making its boss Jeff Bezos richer every week. He is now closer than ever to the historic title of first person to...

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August 26, 2020
Exxon gets kicked out of the Dow Jones Industrial Average

Exxon is being kicked out of the Dow Jones Industrial Average index, where it has had a place since 1928. The reason: the Dow needed to make space for other,...

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August 25, 2020
‘Game over’: India may quietly phase out Huawei & other Chinese vendors from its telecoms network

Huawei and ZTE may lose the lucrative Indian market as New Delhi moves to informally boycott Chinese suppliers after deadly border clashes strained relations between the two countries, the Financial...

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August 25, 2020
India’s economy may have shrunk by a quarter at height of coronavirus crisis

Asia's third-largest economy may have contracted by 25 percent in the first quarter of the current fiscal year, local media has said, citing rating agency ICRA's assessment of the devastating...

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August 25, 2020
US-China trade deal is still alive & making progress despite escalating tensions, officials say

Global markets remained steady on Tuesday after Washington and Beijing reaffirmed their commitment to their historic trade agreement even as the two economic giants have disagreements on multiple fronts. Top...

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August 25, 2020
US-China trade deal is still alive & making progress despite escalating tensions, officials say

Global markets remained steady on Tuesday after Washington and Beijing reaffirmed their commitment to their historic trade agreement even as the two economic giants have disagreements on multiple fronts. Top...

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August 25, 2020
Germany’s economy hit by steepest decline on record

The Covid-19 outbreak has led to a record contraction for Europe's largest economy. Germany's gross domestic product (GDP) shrank by 11.3 percent in the second quarter compared to the same...

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August 25, 2020
Revolution coach Arena suspended 2 more games, fined $15,000

New England Revolution head coach Bruce Arena has been suspended for two more games and fined $15,000 for confronting game officials after receiving a red card in the team's July...

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