Business

The operator of Nord Stream 2 plans to challenge a ruling by the European Court of Justice that could see Russia's Gazprom losing partial control of the massive gas pipeline...

Millions more Americans have filed for unemployment benefits as the pandemic continues to wreck the economy, with the total number of US jobless claims over the past two months topping...

Prices of key global oil benchmarks Brent and US West Texas Intermediate (WTI) have surged on Wednesday following positive news on crude inventories. Brent crude futures were up over four...

Global trade is likely to “fall precipitously” in the first six months of this year after the key trade index hit record lows, the World Trade Organization (WTO) announced on...

As part of its trade row with Beijing, the United States hit the Chinese tech giant Huawei's business last week, issuing new regulations limiting global chip exports to the firm....

The world's progress in eliminating poverty is set to suffer a major setback due to the Covid-19 outbreak, forcing more people to survive on less than $1.90 per day, the...

The Centre for Monitoring Indian Economy (CMIE) has said the unemployment rate in the country was 24 percent for the week ending May 17, remaining unchanged from the previous week's...

Venezuela's Central Bank has launched legal action to force the Bank of England to release more than $1 billion in gold held in its coffers to battle the Covid-19 outbreak,...

Venezuela's Central Bank has launched legal action to force the Bank of England to release more than $1 billion in gold held in its coffers to battle the Covid-19 outbreak,...

Venezuela's Central Bank has launched legal action to force the Bank of England to release more than $1 billion in gold held in its coffers to battle the Covid-19 outbreak,...

British aerospace giant Rolls-Royce has announced it will cut at least 9,000 jobs from its workforce in the face of the major impending contraction in the aviation market in the...

The price of gold exchange-traded funds (ETFs) steadied on Tuesday at the equivalent of $1,733 per ounce after retreating on the news of a potential coronavirus vaccine by drug maker...

The United States has issued a new regulation aiming to limit chip exports to Chinese tech giant Huawei. The firm said its business will “inevitably be impacted” and that “survival...

The United States has issued a new regulation aiming to limit chip exports to Chinese tech giant Huawei. The firm said its business will “inevitably be impacted” and that “survival...

Crude oil production in the seven major US shale basins will fall by a record 197,000 barrels per day (bpd) next month, the Energy Information Administration reported on Monday. Production...

There is a popular Chinese finger trap (also known as the Chinese finger puzzle) that children often fail to solve, because they panic when they should relax. Keiser Report compares...

While 2020 was projected to be a breakthrough year for Pakistan, the global coronavirus crisis has hit the country's economy hard, causing its first contraction since 1951-52. Coupled with currency...

US stocks surged at the opening bell on Monday boosted by news from drug maker Moderna about a potential coronavirus vaccine and the promise of more fiscal and monetary stimulus...

Oil prices jumped on Monday boosted by output cuts and signs of recovery in demand for fuel as global economies have started easing curbs that were imposed to contain the...

Chinese technology giant Huawei said on Monday that its business will “inevitably be impacted” by a new US regulation aiming to limit chip exports to the firm. It added that...

Chinese technology giant Huawei said on Monday that its business will “inevitably be impacted” by a new US regulation aiming to limit chip exports to the firm. It added that...

Moscow has continued to sell off US Treasury securities, cutting its stockpile by US$8.73 billion in March, according to the latest data from the US Department of the Treasury. Russia's...

While the rest of the world is tentatively coming out of lockdowns, China is taking advantage of the cheapest crude oil in years to stock up as demand is starting...

Japan's economy plunged into recession in the first quarter as the coronavirus pandemic squelched business activity, while leaders in the U.S. and Europe are weighing the risks and rewards of...

Natural gas producers could soon be about to fight out a battle for market share in which prices could fall to negative levels until some of them decide to curb...

Natural gas producers could soon be about to fight out a battle for market share in which prices could fall to negative levels until some of them decide to curb...

A leading global diamond producer, Russia's ALROSA, is reporting that its sales were down tenfold in one month alone, as the impact of Covid-19 ripples through the global economy and...

Major Russian car manufacturer AvtoVAZ has announced that after more than a two-week shutdown due to the Covid-19 pandemic it will resume production on May 18. “Due to the virus...

Demand for air travel has plunged more than 90 percent in Europe and the United States since the start of the Covid-19 pandemic, the International Air Transport Association (IATA) has...

It all started with the grandchildren. As House Majority Leader Steny Hoyer saw it, if he could Face Time with the grandkids, why not have Congress legislate by video chat...

On a typical day in May, Don Scarrow gets a handful of calls from customers looking to have a pig or cow processed. The spring is usually the slow season...

Alabama Gov. Kay Ivey's administration inched forward with a plan to lease three mega-prisons built by private companies as the Department of Corrections on Friday opened bids from two companies...

Brazil's health minister resigned on Friday after less than a month on the job in a sign of continuing upheaval in the nation's battle with the COVID-19 pandemic and President...

China has reportedly picked US targets to strike back at in response to new restrictions on its telecom giant Huawei, as Washington attempts to cut the firm off from global...

Germany's economy shrank by 2.2 percent in the first quarter compared to the final three months of 2019, preliminary official statistics have shown. It's the biggest slump in a decade...

The company building the Nord Stream 2 gas pipeline has vowed to appeal Germany's refusal to remove the multibillion-dollar project from the restrictions laid out in the “discriminatory” EU Gas...

Russia's oil giant Rosneft on Friday reported a first-quarter loss of 156 billion rubles ($2.1 billion) as a result of an unprecedented slump in global oil demand and a weaker...

Covid-19 has forced many studios to postpone their premiers, with movie theaters closed as part of lockdown measures. As people stuck at home have switched to streaming platforms, some are...

Tesla is set to launch a million-mile battery as soon as this year or early in 2021 for its Model 3 in China. A million-mile battery would be just one...

Tesla is set to launch a million-mile battery as soon as this year or early in 2021 for its Model 3 in China. A million-mile battery would be just one...