Business

The Bombay Stock Exchange's Sensex index sank more than 1,400 points at the opening bell while the Nifty – a benchmark of the National Stock Exchange – also took a...

The Bombay Stock Exchange's Sensex index sank more than 1,400 points at the opening bell while the Nifty – a benchmark of the National Stock Exchange – also took a...

Asian markets are trading down while European and American futures go into free fall, and gold reached a new seven-year peak, amid a dramatic oil market crash and concerns over...

Asian markets are trading down while European and American futures go into free fall, and gold reached a new seven-year peak, amid a dramatic oil market crash and concerns over...

Asian markets are trading down while European and American futures go into free fall, and gold reached a new seven-year peak, amid a dramatic oil market crash and concerns over...

Oil plunged nearly 30% in a chaotic market opening, with main crude benchmarks Brent and WTI both trading below $35 a barrel amid fears of an all-out price war following...

For decades climate change was a topic for predominantly environmentalists. Since the early 2010s, this has changed dramatically. The transformation culminated in the Paris Climate Agreement of 2015 where the...

Chinese technology giant Huawei announced this week a strategic partnership with Russia's Sberbank to provide cloud services for Russian businesses. The clients of SberCloud.Advanced are projected to range from large...

Lebanon's PM Hassan Diab has announced his country is unable to pay the $1.2 billion Eurobond due on March 9 and will default for the first time. This comes amid...

Fears over the spread of Covid-19 are rising across Europe, threatening its tourism industry. Data shows the sector has already taken a serious hit and could be hurt even more....

Asia is on track to become the world's second largest wealth hub by 2024, with India being the main engine for this growth, outpacing neighboring China and Indonesia, according to...

Asia is on track to become the world's second largest wealth hub by 2024, with India being the main engine for this growth, outpacing neighboring China and Indonesia, according to...

The British negotiators have returned home from Brussels after the first week of talks with the European Union over UK's exit from the bloc. The two sides have still many...

Russian billionaire Oleg Tinkov, whom the US wants to extradite from Britain over alleged tax evasion, has revealed he cannot leave his home in London because he is undergoing chemotherapy...

Cooperation between Russia and the Organization of Petroleum Exporting Countries (OPEC) has got to an abrupt stop after Moscow refused to back new deeper cuts on oil output. The move...

Annual inflation in Russia has eased to 2.2 percent in February, according to the median estimate of 20 economists surveyed by Bloomberg. Statistics show that price growth briefly fell to...

The outbreak of Covid-19 has been sending chills through the world economy, wiping some $9 trillion off financial markets. RT talked to some experts about the impact of the virus...

The solar market is becoming supersized, with the size and scale of solar projects soaring and some of the biggest names in the tech industry getting behind the renewable energy...

The US Department of Justice has unsealed the indictment against Oleg Tinkov, accusing the Russian-born businessman of failing to pay taxes after renouncing his US citizenship and threatening him with...

One of the biggest business events in Russia, the St. Petersburg Economic Forum (SPIEF), won't be convening this year due to the coronavirus outbreak, organizers have announced. The decision was...

Wall Street banking giant JPMorgan has asked thousands of its employees to work from home amid the coronavirus outbreak, with the executives saying the bank is big enough to weather...

The Organization of the Petroleum Exporting Countries (OPEC), led by Saudi Arabia, has decided to cut production by up to 1.5 million barrels per day. The decision is believed to...

Airlines will lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, the International Air Transport Association (IATA) has announced....

The Middle East oil exporters are grappling with depressed demand in their key market, China, due to the coronavirus outbreak. The economies of the Arab Gulf countries are feeling the...

Stocks in Asia Pacific rose on Thursday as fewer new Covid-19 cases were recorded outside of the epicenter in Wuhan, China. Chinese shares emerged as the biggest gainers on the...

The US Federal Reserve has announced the first emergency interest rate cut since the 2008 financial crisis. The cut aims to give the US economy a jolt in the face...

The world's largest auto market, China, has suffered its biggest monthly drop in passenger car sales as the country battles with the coronavirus outbreak, which has disrupted production and supply...

Russia is trying to shield its economy from turbulence in global energy markets, but cutting the country's reliance on oil cannot happen at once, Russian President Vladimir Putin believes. "We...

India's highest court on Wednesday has overturned the Reserve Bank of India's (RBI) 2018 order which barred lenders from dealing with cryptocurrency exchanges. "Trading in cryptocurrencies now will be allowed,"...

Five trillion dollars were wiped out of the stock market last week amid the Covid-19 panic, marking the worst collapse for global equities since the 2008 financial crisis. RT's Boom...

Five trillion dollars were wiped out of the stock market last week amid the Covid-19 panic, marking the worst collapse for global equities since the 2008 financial crisis. RT's Boom...

Five trillion dollars were wiped out of the stock market last week amid the Covid-19 panic, marking the worst collapse for global equities since the 2008 financial crisis. RT's Boom...

A prolonged and wide-ranging coronavirus outbreak could cut global economic growth to just 1.5 percent this year and have serious consequences for oil demand. A significant drop in global economic...

Over a year since its launch, the EU's INSTEX financial mechanism – designed to facilitate trade with sanctions-hit Iran – has not carried out any operations, Iran's ambassador to Russia...

Production of electric vehicles is predicted to top four million worldwide this year. As demand for electric cars soars, the cobalt crisis being faced by the industry will only worsen,...

The recently launched TurkStream gas pipeline running through Serbian territory will add €180 million (US$200 million) to the country's budget, according to Andrey Khripunov, Russia's trade representative in Serbia. “I...

Global manufacturers want to diversify away from China as it struggles to contain the coronavirus outbreak and India could be the answer, according to veteran investor Mark Mobius. The founder...

Russia's new Prime Minister Mikhail Mishustin has called on the government to analyze both long-existing sanctions risks and the consequences stemming from the coronavirus epidemic as it works on a...

Pakistan's strategic Gwadar Port, part of the ambitious $61 billion China Pakistan Economic Corridor (CPEC) project, has finally been given the green light for development. Under plans by the Gwadar...

Russian businessman Oleg Tinkov has posted bail in London and will remain in the UK for court hearings on allegations of underreporting his income. The US Internal Revenue Service is...