Stock markets in Europe opened higher on Tuesday, following the Asian markets' positive reaction to the US Federal Reserve's pledges to run an open-ended asset purchase program amid the global...
March 24, 2020
The wave of oil industry spending cuts continues, with the majors now announcing significant reductions to spending as oil remains stuck in the $20s. Royal Dutch Shell said on Monday...
March 23, 2020
The main Boeing production facility in Everett, Washington will be closing for at least two weeks, to protect employees amid the coronavirus epidemic. Space and military programs will not be...
March 23, 2020
The International Monetary Fund (IMF) has issued a grim warning for the global economy, saying that a worldwide recession caused by the ongoing coronavirus pandemic could be even worse than...
March 23, 2020
Wall Street's main indices are down after opening on Monday for the first ever all-electronic trading session, which is aimed at protecting New York Stock Exchange employees from the coronavirus....
March 23, 2020
Heavy debt and the loss of business due to the coronavirus lockdown now threatens to cause a wave of widespread bankruptcies across the Asia-Pacific region, according to rating agency Moody's....
March 23, 2020
The impact of border closures, travel restrictions, restaurant closures and more is already wreaking havoc on the US oil industry, and it is likely to get much worse. The SARS...
March 23, 2020
The impact of border closures, travel restrictions, restaurant closures and more is already wreaking havoc on the US oil industry, and it is likely to get much worse. The SARS...
March 23, 2020
The impact of border closures, travel restrictions, restaurant closures and more is already wreaking havoc on the US oil industry, and it is likely to get much worse. The SARS...
March 23, 2020
The United States is expected to see an unprecedented 50 percent drop in gross domestic product in the second quarter due to coronavirus outbreak, says Federal Reserve Bank of St....
March 23, 2020
The United States is expected to see an unprecedented 50 percent drop in gross domestic product in the second quarter due to coronavirus outbreak, says Federal Reserve Bank of St....
March 23, 2020
The United States is expected to see an unprecedented 50 percent drop in gross domestic product in the second quarter due to coronavirus outbreak, says Federal Reserve Bank of St....
March 23, 2020
Stock markets around the world are starting the week mostly lower as the spread of the coronavirus continues to drag down the global economy, The FTSE index is down over...
March 23, 2020
American stock futures fell sharply during Asian trading hours, to around the limit down levels, as talks on a massive emergency rescue package worth over $1 trillion for the coronavirus-stricken...
March 23, 2020
American stock futures fell sharply during Asian trading hours, to around the limit down levels, as talks on a massive emergency rescue package worth over $1 trillion for the coronavirus-stricken...
March 22, 2020
The overall price tag of the fiscal stimulus package in the US could be around one trillion dollars. With record budget deficits and its national debt at $23 trillion, is...
March 22, 2020
Oil producers are facing their worst crisis in history, but the market is not at a bottom yet, according to several analysts. The millions of barrels of additional supply promised...
March 21, 2020
In 2014, shale drillers were pushed to the brink of oblivion by low oil prices, and today with prices nearing similar levels it seems the sector has not learned its...
March 21, 2020
Despite efforts by Russia to gradually cut its reliance on oil, a lengthy energy market turmoil could be challenging for the country's economy and could even result in a major...
March 21, 2020
The coronavirus pandemic will trigger a serious downturn in the German economy, European Central Bank (ECB) Governing Council member and Deutsche Bundesbank chief Jens Weidmann has said. Recession in Germany...
March 20, 2020
Even as the US stock market continued its free-fall due to the coronavirus pandemic, the top banker at Goldman Sachs got a pay raise of $2 million a year, a...
March 20, 2020
Wall Street's rollercoaster ride has continued for another day, as the Dow Jones closed down 4.6 percent, erasing the modest gains made the previous day. The Covid-19 pandemic has hammered...
March 20, 2020
US stock markets swung wildly between gains and losses on Friday. The Dow Jones Industrial Average rose as much as 300 points at the start of trading, before falling into...
March 20, 2020
The current turmoil on the global oil market is not disastrous for Russia, Presidential Press Secretary Dmitry Peskov said on Friday, noting the country has a safety cushion. Russia holds...
March 20, 2020
Toyota, Honda and Nissan will suspend operations at their plants in North America in a bid to help stop the spread of coronavirus, which has claimed the lives of more...
March 20, 2020
European stock markets opened sharply higher on Friday as more central banks adopted monetary and fiscal measures to deal with the economic downturn as a result of the Covid-19 outbreak....
March 20, 2020
The coronavirus pandemic has popped a quadrillion-dollar financial bubble and we can expect a very deep and prolonged period of adjustment, RT's veteran business commentator Max Keiser believes. The financial...
March 20, 2020
The coronavirus pandemic has popped a quadrillion-dollar financial bubble and we can expect a very deep and prolonged period of adjustment, RT's veteran business commentator Max Keiser believes. The financial...
March 19, 2020
US stocks closed with moderate gains after a rollercoaster week. However, the Covid-19 coronavirus has continued to hammer investor confidence, and Bank of America smells a recession. The Dow Jones...
March 19, 2020
US stocks closed with moderate gains after a rollercoaster week. However, the Covid-19 coronavirus has continued to hammer investor confidence, and Bank of America smells a recession. The Dow Jones...
March 19, 2020
The economic damage from the Covid-19 outbreak will be unprecedented, according to the head of one of the world's largest hedge funds Ray Dalio, who says global corporate losses from...
March 19, 2020
US markets are swinging wildly on Thursday after plunging 30 percent from their peak. The failure by Western countries to contain the Covid-19 outbreak is bringing global business to a...
March 19, 2020
US markets are swinging wildly on Thursday after plunging 30 percent from their peak. The failure by Western countries to contain the Covid-19 outbreak is bringing global business to a...
March 19, 2020
The US Federal Reserve has been attempting to stop investor panic with its emergency actions, but those moves are like firing “a water gun” when we need “a bazooka,” Tobin...
March 19, 2020
The US Federal Reserve has been attempting to stop investor panic with its emergency actions, but those moves are like firing “a water gun” when we need “a bazooka,” Tobin...
March 19, 2020
Markets in Europe opened higher on Thursday, but have since retreated. This is despite the €750 billion ($821 billion) bond-buying program by the European Central Bank to help the region's...
March 19, 2020
While the coronavirus pandemic is wreaking havoc on global trade, cargo volume between Russia and its biggest trading partner, China, is growing, according to the Russian consul general in Harbin,...
March 19, 2020
The Federal Reserve has introduced yet another emergency measure to ease the economic impact of the global coronavirus epidemic, injecting liquidity into money markets and mutual funds to meet growing...
March 19, 2020
The Philippines' major stock index, the PSE Composite, plunged by 24 percent soon after trading opened. The slide comes after markets were shuttered for two days as Covid-19 pummels the...
March 18, 2020
The great ruble oscillation has returned with a vengeance. Russia's currency seems attracted to extremes, lurching from hero to zero, depending on how the winds are blowing. At various stages...
