Business

July 9, 2020
Bitcoin will reach $100,000 & destroy anyone who gets in its way – RT’s Keiser Report

Hundreds of billions of dollars in US Paycheck Protection Program funds have reportedly been dispensed to companies that did not need it. Max Keiser and Stacy Herbert discuss the matter,...

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July 9, 2020
Airbus first-half deliveries plunge to 16-year low, with ZERO jet orders for second month running

A new report by European plane maker Airbus shows aircraft deliveries have halved in the first six months of the year, amounting to just 196 planes, compared with 389 in...

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July 9, 2020
US unemployment during Covid-19 crisis reaches nearly 50 MILLION

Another 1.3 million Americans have filed for unemployment in the week ending July 4, with the coronavirus pandemic still raging in the country, according to the latest US Labor Department...

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July 8, 2020
Russian pipe-laying vessel enters Danish waters to complete Nord Stream 2 pipeline

Russian-flagged pipelayer Fortuna has departed from the German port of Mukran and entered Danish waters, shortly after Copenhagen expanded the list of ships allowed to participate in construction of the...

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July 8, 2020
US aggression against China to blame for what is happening in Hong Kong – economist to RT’s Boom Bust

The Trump administration's anti-China policies, including tariffs and attacks on telecoms giant Huawei, have forced the Chinese government to tighten its grip over Hong Kong, an analyst tells RT. Speaking...

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July 8, 2020
China to test digital yuan via ride-hailing platform with over 550 million users

China's central bank is partnering up with the country's ride-hailing giant Didi Chuxing to test the use of its sovereign digital currency. The digital yuan may be offered to the...

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July 8, 2020
Boeing Dreamliner faces new safety inquiry over cracks in its Rolls-Royce engines

Companies operating Boeing 787 planes as well as other jets powered by Rolls-Royce Trent 1000 are required to check the engine over a possible risk of cracking, the European Union...

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July 8, 2020
Covid-19 crisis pushing gold price to all-time highs

Gold has extended its rally with prices reaching their highest level in more than nine years this week. The precious metal has been doing very well lately as investors are...

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July 8, 2020
France diminishing Huawei’s role in its superfast mobile networks

While not explicitly banning Huawei 5G equipment, France is gradually phasing out the Chinese tech giant from the nation's next-generation networks, according to a lawmaker in President Emmanuel Macron's party....

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July 8, 2020
France diminishing Huawei’s role in its superfast mobile networks

While not explicitly banning Huawei 5G equipment, France is gradually phasing out the Chinese tech giant from the nation's next-generation networks, according to a lawmaker in President Emmanuel Macron's party....

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July 7, 2020
Fishy excuse? Denmark could use SPAWNING COD to delay construction of Russian gas pipeline to Europe

The construction of the last stretch of the Nord Stream 2 pipeline may be stalled for a month or two despite permission from Denmark to work in its territorial waters....

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July 7, 2020
Fishy excuse? Denmark could use SPAWNING COD to delay construction of Russian gas pipeline to Europe

The construction of the last stretch of the Nord Stream 2 pipeline may be stalled for a month or two despite permission from Denmark to work in its territorial waters....

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July 7, 2020
China’s $3 TRILLION foreign exchange reserves continue to grow

Beijing has continued increasing its foreign exchange reserves – already the world's largest – adding $10.64 billion in June to its $3.112 trillion, central bank data showed on Tuesday. The...

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July 7, 2020
China’s $3 TRILLION foreign exchange reserves continue to grow

Beijing has continued increasing its foreign exchange reserves – already the world's largest – adding $10.64 billion in June to its $3.112 trillion, central bank data showed on Tuesday. The...

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July 7, 2020
UK’s move to ban Huawei from 5G network shows US dictates Britain’s foreign policy – George Galloway to Boom Bust

Britain's reversal on Chinese tech giant Huawei may be another sign that London is bowing to US pressure over national policy issues, former MP George Galloway tells RT's Boom Bust....

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July 7, 2020
Bankers ‘playing financial Russian roulette’ until they ‘blow America’s head off’ – RT’s Keiser Report

Max Keiser and Stacy Herbert discuss the ‘conspiracy theory' that capital markets are no longer free because the US Federal Reserve and other central banks control everything. Stacy says that...

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July 7, 2020
India seeks tighter control on Chinese goods coming in from 3rd countries following deadly border conflict

India's Commerce and Industry Ministry is considering stricter scrutiny of goods coming from Bangladesh, Sri Lanka, South Korea, and the Asia bloc. The move aims to stop banned Chinese imports...

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July 7, 2020
Musk mocks Tesla short-sellers by selling red satin short shorts

Tesla's website briefly crashed this week as CEO Elon Musk launched the sale of red satin shorts, lampooning investors who are betting against the electric carmaker. The limited-edition garment, available...

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July 6, 2020
Copper prices may see ‘supercharged recovery’ in 2020

The price of copper, which has surged lately, is likely to stabilize in the coming quarters, industry experts say. The red metal is often seen as a bellwether for the...

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July 6, 2020
Russia leads emerging market stock rally to hit four-month high

The MSCI index of developing-world stocks rose 1.8 percent on Monday to its highest level since February 26. The growth comes as strong economic data from emerging markets gave investors...

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July 6, 2020
Russian economic activity picks up as coronavirus-related restrictions ease

Russia's manufacturing and services sectors bounced back in the second quarter, following a decline in April due to the Covid-19 pandemic and ensuing lockdown. According to IHS Markit, the official...

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July 6, 2020
Russian economic activity picks up as coronavirus-related restrictions ease

Russia's manufacturing and services sectors bounced back in the second quarter, following a decline in April due to the Covid-19 pandemic and ensuing lockdown. According to IHS Markit, the official...

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July 6, 2020
Russian economic activity picks up as coronavirus-related restrictions ease

Russia's manufacturing and services sectors bounced back in the second quarter, following a decline in April due to the Covid-19 pandemic and ensuing lockdown. According to IHS Markit, the official...

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July 6, 2020
Russian economic activity picks up as coronavirus-related restrictions ease

Russia's manufacturing and services sectors bounced back in the second quarter, following a decline in April due to the Covid-19 pandemic and ensuing lockdown. According to IHS Markit, the official...

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July 6, 2020
Second Covid wave could send oil prices into ‘tailspin’

Oil prices face significant downside risk if a second wave materializes in the United States where a new series of lockdowns could seriously harm demand for fuels. Oil prices hit...

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July 6, 2020
Britain may phase out Huawei tech from its 5G network amid US pressure

In a sharp U-turn, the UK government is reportedly planning to ban Huawei equipment from the nation's next-generation networks by the end of the year. In January, London allowed the...

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July 5, 2020
Japan bets big on Mozambique liquefied natural gas

In partnership with the business sector, the Japanese government will invest some $14.4 billion (1.5 trillion yen) in liquefied natural gas development in Mozambique, the Nikkei Asian Review reported. According...

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July 5, 2020
Japan bets big on Mozambique liquefied natural gas

In partnership with the business sector, the Japanese government will invest some $14.4 billion (1.5 trillion yen) in liquefied natural gas development in Mozambique, the Nikkei Asian Review reported. According...

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July 5, 2020
Coronavirus cost global economy 400 MILLION full-time jobs – UN labor agency

Global working hours are expected to have plummeted by 14 percent in the second quarter of 2020 as a result of the Covid-19 pandemic, according to the International Labour Organization...

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July 5, 2020
Moscow among top 20 best ‘tech cities’ in Europe

The Russian capital has made it into a list of the top 20 European cities with the most promising prospects for start-ups, tech and innovation investment, according to the Tech...

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July 4, 2020
Saudi Arabia and Kuwait restart production at huge shared oil field

Saudi Arabia and Kuwait have restarted production at the Al-Khafji oil field in the neutral zone between the two countries, Turkey's Anadolu Agency reported, citing a statement by the acting...

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July 4, 2020
Saudi Arabia and Kuwait restart production at huge shared oil field

Saudi Arabia and Kuwait have restarted production at the Al-Khafji oil field in the neutral zone between the two countries, Turkey's Anadolu Agency reported, citing a statement by the acting...

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July 4, 2020
Global tourism may lose up to $3.3 TRILLION if worst coronavirus forecast comes true, warns UN

The Covid-19 pandemic is set to cost global tourism up to $3.3 trillion if the sector, which is vital for many countries' economies, remains halted for one year due to...

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July 4, 2020
Russia boosts forex reserves despite Covid-19 pandemic, raising them to almost $570 BILLION

Russian gold and foreign currency holdings have increased to a total of $568.3 billion, according to the latest data released by the country's central bank. The international funds increased by...

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July 3, 2020
Israel to join Russian-led free-trade zone this year

A free-trade agreement between the Russian-led Eurasian Economic Union (EEU) and Israel may be concluded in 2020, according to Israel's Charge d'Affaires Yacov Livne. “One important issue that we are...

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July 3, 2020
Why is China snatching up UK real estate? RT’s Boom Bust explores investor buying boom

As high unemployment following the coronavirus pandemic saps house-buying demand, commercial-property investors are looking to take advantage of falling prices. In the United Kingdom, house prices are expected to fall...

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July 3, 2020
Russia expects OPEC+ to ease oil production cuts in August

OPEC+ is not discussing or planning changes to its production cut agreement, which should see the oil producers ease the cuts in August, Russia's Energy Minister Alexander Novak said at...

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July 3, 2020
Goodbye ‘Queen of the Skies’: Boeing to end 747 Jumbo Jet production after 50 years

US aerospace giant Boeing will reportedly stop making its iconic 747 aircraft for good after it completes the last of the 16 jets currently on order. Covid-19 has crippled an...

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July 3, 2020
World’s fifth-largest foreign exchange reserves provide India with cushion against economic shock

India's forex reserves rose by $8.2 billion in the week of June 5, crossing the $500 billion milestone for the first time in the country's history. The level of reserves...

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July 2, 2020
Passengers’ trust in Boeing & FAA is broken, Allied Pilots Association spokesman tells RT’s Boom Bust

Although Boeing and the Federal Aviation Administration (FAA) have completed certification-flight tests on the 737 MAX, the troubled jets are far from returning to the skies, an aviation-industry insider believes....

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