Business

December 21, 2020
Moscow Exchange sows seeds of potential with launch of wheat futures contracts

The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier...

Continue Reading
December 21, 2020
Moscow Exchange sows seeds of potential with launch of wheat futures contracts

The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier...

Continue Reading
December 21, 2020
Moscow Exchange sows seeds of potential with launch of wheat futures contracts

The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier...

Continue Reading
December 21, 2020
UK economy in crisis amid growing global isolation over new Covid strain

Countries around the world have started closing their borders to the United Kingdom to prevent the spread of a rapidly transmittable strain of coronavirus which was detected on UK shores...

Continue Reading
December 21, 2020
UK economy in crisis amid growing global isolation over new Covid strain

Countries around the world have started closing their borders to the United Kingdom to prevent the spread of a rapidly transmittable strain of coronavirus which was detected on UK shores...

Continue Reading
December 21, 2020
UK economy in crisis amid growing global isolation over new Covid strain

Countries around the world have started closing their borders to the United Kingdom to prevent the spread of a rapidly transmittable strain of coronavirus which was detected on UK shores...

Continue Reading
December 21, 2020
Fuel demand in India is soaring despite pandemic

India's demand for all types of petroleum products has nearly reached pre-COVID levels, prompting domestic refineries to crank up crude oil processing rates. India, the world's third-largest oil importer and...

Continue Reading
December 21, 2020
Fuel demand in India is soaring despite pandemic

India's demand for all types of petroleum products has nearly reached pre-COVID levels, prompting domestic refineries to crank up crude oil processing rates. India, the world's third-largest oil importer and...

Continue Reading
December 21, 2020
Fuel demand in India is soaring despite pandemic

India's demand for all types of petroleum products has nearly reached pre-COVID levels, prompting domestic refineries to crank up crude oil processing rates. India, the world's third-largest oil importer and...

Continue Reading
December 21, 2020
Bitcoin resumes rally as investors new to the crypto game pile in – data analysis

The latest bitcoin rally has been bolstered by institutional investors who are new to the crypto world, with nearly half a million tokens scooped up since September, the international data...

Continue Reading
December 21, 2020
Bitcoin resumes rally as investors new to the crypto game pile in – data analysis

The latest bitcoin rally has been bolstered by institutional investors who are new to the crypto world, with nearly half a million tokens scooped up since September, the international data...

Continue Reading
December 21, 2020
Bitcoin resumes rally as investors new to the crypto game pile in – data analysis

The latest bitcoin rally has been bolstered by institutional investors who are new to the crypto world, with nearly half a million tokens scooped up since September, the international data...

Continue Reading
December 21, 2020
Gold rallies to 6-week high on US stimulus deal & Covid lockdowns

The price of gold continued to rise on Monday, after the US Congress reached a long-sought coronavirus aid package agreement. Lockdowns in the UK have also boosted investor appetite towards...

Continue Reading
December 21, 2020
Gold rallies to 6-week high on US stimulus deal & Covid lockdowns

The price of gold continued to rise on Monday, after the US Congress reached a long-sought coronavirus aid package agreement. Lockdowns in the UK have also boosted investor appetite towards...

Continue Reading
December 20, 2020
2nd COVID-19 vaccine authorized in US ships out

Initial shipments of the second COVID-19 vaccine authorized in the U.S. left a distribution center Sunday, a desperately needed boost as the nation works to bring the coronavirus pandemic under...

Continue Reading
December 20, 2020
2nd COVID-19 vaccine authorized in US ships out

Initial shipments of the second COVID-19 vaccine authorized in the U.S. left a distribution center Sunday, a desperately needed boost as the nation works to bring the coronavirus pandemic under...

Continue Reading
December 20, 2020
China’s share of global luxury spending doubles amid coronavirus lockdown

China's luxury goods market has nearly doubled this year, as consumers had to spend cash inside the country due to the Covid-19 outbreak. The market is set to expand further...

Continue Reading
December 20, 2020
The Latest: Cases surge in Thailand, Sydney’s beach suburbs

BANGKOK — Thailand on Sunday reported two new local infections, a day after identifying more than 500 cases south of Bangkok in a country that had largely brought the pandemic...

Continue Reading
December 20, 2020
The Latest: Cases surge in Thailand, Sydney’s beach suburbs

BANGKOK — Thailand on Sunday reported two new local infections, a day after identifying more than 500 cases south of Bangkok in a country that had largely brought the pandemic...

Continue Reading
December 20, 2020
The Latest: Cases surge in Thailand, Sydney’s beach suburbs

BANGKOK — Thailand on Sunday reported two new local infections, a day after identifying more than 500 cases south of Bangkok in a country that had largely brought the pandemic...

Continue Reading
December 19, 2020
IMF unlocks $1.67 billion tranche to Egypt as public debt & Covid-19 jeopardize economy

The executive board of the International Monetary Fund (IMF) has allowed the Egyptian authorities to draw $1.67 billion under a 12-month standby arrangement. The move, which comes as result of...

Continue Reading
December 19, 2020
IMF unlocks $1.67 billion tranche to Egypt as public debt & Covid-19 jeopardize economy

The executive board of the International Monetary Fund (IMF) has allowed the Egyptian authorities to draw $1.67 billion under a 12-month standby arrangement. The move, which comes as result of...

Continue Reading
December 19, 2020
Six-year-old Russian YouTuber named among world’s highest earners for second year in row

A six-year-old girl born in Russia has entered the list of the world's richest YouTube bloggers, setting a record for the number of views, according to Forbes' latest list of...

Continue Reading
December 19, 2020
Bitcoin should be worth $400,000 based on its scarcity – Guggenheim CIO

The world's most popular cryptocurrency, bitcoin, should be worth about 20 times more than it is now, based on its scarcity and value relative to gold, according to Guggenheim's global...

Continue Reading
December 19, 2020
Chinese firms raised almost $12 billion through IPOs on US exchanges this year

A new report by Renaissance Capital found that investor appetite for Chinese companies in US stock markets rose to a six-year high in 2020 despite trade tensions between the two...

Continue Reading
December 19, 2020
Hitler parody video circulates among San Diego police

The San Diego Police Department is investigating after a video clip depicting Adolf Hitler but containing insults about the city's gay mayor and other leaders circulated among department members. The...

Continue Reading
December 19, 2020
Hitler parody video circulates among San Diego police

The San Diego Police Department is investigating after a video clip depicting Adolf Hitler but containing insults about the city's gay mayor and other leaders circulated among department members. The...

Continue Reading
December 18, 2020
BP, Hilcorp say deal involving Alaska assets, interests done

BP said it has completed its sale of assets and ownership interests in Alaska to Hilcorp, in a $5.6 billion deal first announced in 2019. BP announced Friday completion of...

Continue Reading
December 18, 2020
US blacklists top Chinese chipmaker, alleging military ties

The Trump administration blacklisted China's top chipmaker Friday, limiting the Semiconductor Manufacturing International Corp.'s access to advanced U.S. technology because of its alleged ties to the Chinese military. “We will...

Continue Reading
December 18, 2020
Kobe Bryant’s widow slams lawsuit from mom seeking support

Kobe Bryant's widow has denounced a lawsuit from her mother claiming she is owed years of pay for working as an unpaid assistant and support promised by the basketball legend,...

Continue Reading
December 18, 2020
Grains higher, livestock higher

Grain futures were higher on Friday in early trading on the Chicago Board of Trade. Wheat for Mar. gained 7.6 cents at $6.096 a bushel; Mar. corn was up 6...

Continue Reading
December 18, 2020
Berlin film festival postponed to later in 2021 due to virus

The annual Berlin International Film Festival is being put off this year due to the coronavirus pandemic and split into two parts later in 2021, organizers said Friday. The “Berlinale”...

Continue Reading
December 18, 2020
Berlin film festival postponed to later in 2021 due to virus

The annual Berlin International Film Festival is being put off this year due to the coronavirus pandemic and split into two parts later in 2021, organizers said Friday. The “Berlinale”...

Continue Reading
December 18, 2020
US stock market MOST overvalued in history, strategist tells Boom Bust

As the US Congress is nearing a deal on a $900 billion stimulus bill, the S&P and the Nasdaq are heading to record highs despite growing claims of joblessness. RT's...

Continue Reading
December 18, 2020
US backs EastMed pipeline to supply gas to Europe

The US has given its support to the EastMed pipeline project that is expected to deliver natural gas from offshore Israel via Greece and Cyprus to the wider European market....

Continue Reading
December 18, 2020
Asia Today: Beds in short supply as SKorea sees another jump

South Korea has reported 1,062 new cases of the coronavirus, its third straight day of over 1,000, as authorities in Seoul warn that hospital beds are in short supply. Seoul...

Continue Reading
December 17, 2020
‘Unbelievable’ snowfall blankets parts of the Northeast

The Northeast's first whopper snowstorm of the season buried parts of upstate New York under more than 3 feet (1 meter) of snow, broke records in cities and towns across...

Continue Reading
December 17, 2020
US attorney in St. Louis announces that he is resigning

The U.S. attorney in St. Louis who was an appointee of President Donald Trump has announced that he is resigning to join a private law firm. Jeff Jensen, 54, of...

Continue Reading
December 17, 2020
US attorney in St. Louis announces that he is resigning

The U.S. attorney in St. Louis who was an appointee of President Donald Trump has announced that he is resigning to join a private law firm. Jeff Jensen, 54, of...

Continue Reading
December 17, 2020
Georgia employers fail to keep pace as more seek work

Workers are returning to the labor force in Georgia more rapidly than employers are adding jobs, driving up the state's unemployment rate. Georgia's jobless rate rose to 5.7% in November...

Continue Reading