US electric-car maker Tesla's CEO Elon Musk has told employees that its plant in Fremont, California will be reopened on Friday. It comes as California allows state manufacturers to start...
May 8, 2020
The US 10-year Treasury bond yield fell 0.7 percent in response to the latest report of jobless claims. That comes a week after the Treasury said it would borrow a...
May 8, 2020
The United States is on track to cut 1.7 million barrels of oil production per day, according to Reuters calculations of state and company data shared on Thursday. It was...
May 7, 2020
Idaho's general fund revenue in April plummeted from initial forecasts, but officials said Thursday that's because the deadline for paying state income taxes was moved from April 15 to June...
May 7, 2020
Idaho's general fund revenue in April plummeted from initial forecasts, but officials said Thursday that's because the deadline for paying state income taxes was moved from April 15 to June...
May 7, 2020
Idaho's general fund revenue in April plummeted from initial forecasts, but officials said Thursday that's because the deadline for paying state income taxes was moved from April 15 to June...
May 7, 2020
Oil could hit $100 per barrel within the next 18 months, Egyptian billionaire Naguib Sawiris told CNBC on Wednesday—a hard pill to swallow with Brent currently trading below $30 per...
May 7, 2020
The coronavirus pandemic is set to plunge the British economy into one of the deepest recessions ever, shaving 14 percent off the country's gross domestic product, according to a Bank...
May 7, 2020
The gold market is set to hit new highs this year amid the Covid-19 outbreak while banks, facing delivery troubles, cannot fulfil real demand for the precious metal. RT's Max...
May 7, 2020
The gold market is set to hit new highs this year amid the Covid-19 outbreak while banks, facing delivery troubles, cannot fulfil real demand for the precious metal. RT's Max...
May 7, 2020
The gold market is set to hit new highs this year amid the Covid-19 outbreak while banks, facing delivery troubles, cannot fulfil real demand for the precious metal. RT's Max...
May 7, 2020
China says that its exports rebounded last month, beating most expectations of a sharp decline. However, the drop in the country's imports accelerated as the coronavirus continues to crush demand....
May 7, 2020
China says that its exports rebounded last month, beating most expectations of a sharp decline. However, the drop in the country's imports accelerated as the coronavirus continues to crush demand....
May 7, 2020
China says that its exports rebounded last month, beating most expectations of a sharp decline. However, the drop in the country's imports accelerated as the coronavirus continues to crush demand....
May 7, 2020
Another three million Americans have filed for unemployment benefits during the week ending May 2, which brings the total claims over the seven weeks of the Covid-19 lockdown to over...
May 7, 2020
Another three million Americans have filed for unemployment benefits during the week ending May 2, which brings the total claims over the seven weeks of the Covid-19 lockdown to over...
May 7, 2020
Another three million Americans have filed for unemployment benefits during the week ending May 2, which brings the total claims over the seven weeks of the Covid-19 lockdown to over...
May 7, 2020
Poland has signed a key contract for the construction of the Baltic Pipe gas pipeline. Sponsored by the EU, the project has been hailed as a major step for Warsaw...
May 6, 2020
Seoul will issue a hefty fine to Mercedes-Benz for manipulating emissions data of its diesel cars, local media reported. The South Korean government has already taken similar action against Nissan...
May 6, 2020
The Covid-19 pandemic's impact on the global airline industry is unprecedented; it has already seen a 95 percent decline in traffic, and millions of jobs are at risk. RT's Boom...
May 6, 2020
The coronavirus pandemic will plunge most of Europe into its worst recession since the 1930s, according to a grim forecast released by the European Commission. Brussels has had to abandon...
May 6, 2020
The pandemic is laying waste to industries big and small, but motor manufacturers will endure – even if most of their vehicles might be made in Africa in the future....
May 6, 2020
The pandemic is laying waste to industries big and small, but motor manufacturers will endure – even if most of their vehicles might be made in Africa in the future....
May 6, 2020
Chinese tourists made 115 million trips during the May Day holiday. While short of last year's figures, the hard-hit tourism industry could be slowly rebounding after the Covid-19 crisis. The...
May 6, 2020
The IHS Markit India Services Business Activity Index plummeted at a historic rate during April, posting a shocking 5.4 points in comparison with the previous month's 49.3. A reading below...
May 5, 2020
China started reopening after the coronavirus-related restrictions, but it could still take at least till the second half of the year to fully rebound, John Quelch, dean of the University...
May 5, 2020
As Germany's constitutional court ruled that the European Central Bank could have exceeded its powers with a massive quantitative easing (QE) effort, the EU was quick to note that European...
May 5, 2020
Despite unemployment rising at a slower pace in April, some 3.8 million people were left without jobs, and the number depending on benefits hit a record 5.2 million, Spain's Labor...
May 5, 2020
Crude prices have been gaining for the fifth straight session as the production curbs agreed by OPEC and allied countries came into force and some countries started to ease coronavirus...
May 4, 2020
US stocks dipped at the start of the trading week, with air companies' leading losses after billionaire investor Warren Buffett revealed his Berkshire Hathaway had unloaded shares in the four...
May 4, 2020
The US wants to сut industrial and supply dependence on China amid rising tensions between the two powers. However, not everyone is eager to pack their bags and leave the...
May 4, 2020
As the coronavirus pandemic has halted almost all travel around the globe, Russian's biggest airline said that in the best-case scenario, international flights could be resumed in July. “It is...
May 4, 2020
Markets in Europe followed their Asian peers, suffering steep losses at Monday's opening, as Washington continues to pin the blame for the coronavirus outbreak on China. Stock markets in Germany...
May 4, 2020
Stocks in Asia finished the first trading day of the week with losses tracking negative sentiment on Wall Street as the Trump administration continues verbal attacks on China over the...
May 4, 2020
Stocks in Asia finished the first trading day of the week with losses tracking negative sentiment on Wall Street as the Trump administration continues verbal attacks on China over the...
May 3, 2020
The Covid-19 pandemic is the biggest shock to global energy in more than seven decades, according to the International Energy Agency (IEA). The fall in demand in 2020 is set...
May 3, 2020
The Covid-19 pandemic is the biggest shock to global energy in more than seven decades, according to the International Energy Agency (IEA). The fall in demand in 2020 is set...
May 3, 2020
The Covid-19 pandemic is the biggest shock to global energy in more than seven decades, according to the International Energy Agency (IEA). The fall in demand in 2020 is set...
May 3, 2020
With Berkshire Hathaway Inc reporting a record quarterly loss of nearly $50bn amid the economic fallout from the Covid-19 pandemic, Warren Buffett remains optimistic that in the long run, “nothing...
May 2, 2020
The US is working on ways to expand storage space to add several hundred million more barrels to it, Treasury Secretary Steven Mnuchin said at a White House briefing, as...
