Business

March 2, 2020
Financial markets rebound after panic sell-off as global central banks pledge to pump in more cash

Stock markets in Europe and Asia rose on Monday amid growing hopes that stimulus measures will help financial markets to stabilize after last week's massive losses. China's benchmark Shanghai Composite...

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March 2, 2020
India sees increased opportunities to replace China on global export market

Indian exporters could push supplies on the global market to fill gaps left by neighboring China due to the coronavirus outbreak, said the Associated Chambers of Commerce of India (Assocham)....

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March 2, 2020
Shale drillers need a miracle to keep production from falling

With West Texas Intermediate falling below $45 a barrel after the latest burst in coronavirus panic, US shale oil and gas producers are feeling growing heat. Except for the Permian,...

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March 1, 2020
Will China’s dominance in bitcoin mining come to an end? RT’s Keiser Report investigates

China has been the undisputed leader in the global bitcoin mining market, but as the technology and business models evolve, the hash power is poised to shift to the US,...

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March 1, 2020
Calm down! WHO tells global markets not to panic after coronavirus wipes $5 trillion off stocks

After a sea of red swept through the global markets, resulting in the worst week since the 2008 global financial crisis, the World Health Organization (WHO) has called on investors...

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March 1, 2020
Putin says Russia should be ready for any scenario as oil market suffers steep decline

The current crude prices are acceptable for the Russian economy, Russian President Vladimir Putin said after the price of oil dramatically fell to the lowest point in more than a...

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February 29, 2020
The perfect storm sends natural gas crashing

With inventories set to reach levels never seen before and a serious drop in demand in Asia, natural gas prices could be set to fall even further. If you're waiting...

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February 28, 2020
World economy heading for a slowdown ‘without question,’ professor tells Boom Bust

Fears of the rapid spread of the coronavirus have panicked investors, sending world markets into a tailspin. RT's Boom Bust talks to the Dean of Miami University Business School, John...

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February 28, 2020
Britain bought a record amount of Russian gold last year, spending over $5 BILLION

Sales of Russian gold abroad jumped eight-fold last year to $5.7 billion, with almost all of that volume purchased by the United Kingdom. According to customs data seen by RBC...

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February 28, 2020
Stock markets on edge amid fears of coronavirus turning into global pandemic

A surge in COVID-19 cases outside China has sent stock markets across the world into a tailspin, with major global indices plunging into correction territory. Stocks in Asia, the continent...

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February 28, 2020
Worst week since ‘08 crisis: Indian stocks tumble as coronavirus fears grip global markets, plunging Sensex by nearly 1,300 points

Indian stock indices continue to plummet amid growing fears of the COVID-19 virus, with markets seeing their worst week since the 2008 financial crisis, tanking both the S&P BSE Sensex...

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February 27, 2020
BIGGEST DROP IN HISTORY: Dow plummets by record 1,190 points as coronavirus panic week drags on

US Stocks tumbled nearly 1,200 points on Thursday as the coronavirus fears prevailed. It comes after President Donald Trump blamed market woes on the media and Democrats trying to make...

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February 27, 2020
Bernard Arnault or Louis XVI? Keiser Report looks at how a billionaire gets peasant’s money to sell trinkets to other billionaires

All the money printed by central banks is going directly to billionaires, say Max Keiser and Stacy Herbert of the Keiser Report, and French luxury brand owner Bernard Arnault is...

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February 27, 2020
It’s just business: US & Britain buying more and more oil from Russia

Russia more than doubled crude oil supplies to the United States and Britain in 2019, data from the Federal Customs Service (FCS) has revealed. A fall in prices for the...

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February 27, 2020
China’s economy to grow 15% in Q2 as it recovers from coronavirus – JPMorgan

The world's second largest economy, China, will recover from the COVID-19 crisis to emerge stronger than ever, according to JPMorgan Chase's global economist Joseph Lupton. Lupton told CNBC he is...

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February 27, 2020
Major bank sees abysmal demand growth for oil

Oil prices could bounce around between $50 and $70 through 2025, with both demand growth and supply growth slowing, according to a new report. The oil market faces a steep...

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February 27, 2020
Back on track: India could see economic growth recover in 2020

Asia's third-largest economy, India, could rebound this year on signs of a sharp pickup in business activity in January. Consumer demand in the country still remains subdued. According to a...

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February 26, 2020
Russia’s largest solar power plant launched in the Urals

A new solar power plant (SES) with a capacity of 10MW has been commissioned in the Burzyansky district of Russia's southern Ural region of Bashkortostan. According to Russian nanotechnology company...

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February 26, 2020
Coronavirus panic could severely hit US services economy, former Fed insider tells Boom Bust

Stocks are seeing a second straight day of losses as global coronavirus fears shake the financial markets. RT's Boom Bust looks into economic reactions and at how the Federal Reserve...

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February 26, 2020
Pakistan paves way for trade with Russia by settling Soviet-era debt

Islamabad has repaid Moscow the $93.5 million (Rs 1,442 billion) debt pending since the collapse of the Soviet Union. The issue was a major hurdle in boosting the country's trade...

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February 26, 2020
Unnamed White House official compares Huawei to ‘the Mafia’

A senior official of the Trump administration has called the Chinese tech giant Huawei an "utterly non-market player" that wants to wipe out competition through dumping, theft and racketeering. In...

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February 26, 2020
Unnamed White House official compares Huawei to ‘the Mafia’

A senior official of the Trump administration has called the Chinese tech giant Huawei an "utterly non-market player" that wants to wipe out competition through dumping, theft and racketeering. In...

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February 26, 2020
Unnamed White House official compares Huawei to ‘the Mafia’

A senior official of the Trump administration has called the Chinese tech giant Huawei an "utterly non-market player" that wants to wipe out competition through dumping, theft and racketeering. In...

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February 26, 2020
Shale decline inevitable as oil prices crash

The US shale industry continues to show signs of slowing down, with production declining in major shale basins outside of the Permian. Financing stress has plagued the shale sector for...

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February 25, 2020
Dow crashes down more than 800 points, or 1,800 this week, amid coronavirus panic

Fear of COVID-19 coronavirus spreading globally is driving down US stock markets, with the Dow Jones Industrial Average sliding by almost 900 points before recovering slightly to close at 27,081.36....

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February 25, 2020
This country could soon become the BIGGEST buyer of US oil

South Korea, the world's fifth largest crude oil importer, is set to purchase growing volumes of US oil this year to the point of overtaking Canada as the top destination...

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February 25, 2020
Trump threatens to slap ‘very serious’ sanctions on buyers of Venezuelan crude

Washington is looking to step up pressure on Venezuela and target those purchasing its oil, US President Donald Trump says, promising that the measures may come "in the not too...

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February 25, 2020
‘Big trade deal’ between US & India on the way, Trump & Modi say

US President Donald Trump and Indian Prime Minister Narendra Modi have pledged to seal a comprehensive trade accord soon as the two sides are engaged in "positive" talks on the...

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February 25, 2020
US economy a gigantic bubble & coronavirus could be the pin, Peter Schiff tells Boom Bust

As global markets plunged this week, mainstream media blamed the coronavirus outbreak. RT's Boom Bust tries to find out if there are deeper problems behind the stock collapse. Peter Schiff,...

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February 25, 2020
US economy a gigantic bubble & coronavirus could be the pin, Peter Schiff tells Boom Bust

As global markets plunged this week, mainstream media blamed the coronavirus outbreak. RT's Boom Bust tries to find out if there are deeper problems behind the stock collapse. Peter Schiff,...

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February 25, 2020
Going green: China continues massive investment in renewable energy

Chinese state-owned power company, China Three Gorges Corporation, has announced it has started developing more than two dozen of new green energy projects, requiring the total investment of $8.2 billion....

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February 25, 2020
Russia projected to retain crown as world’s top wheat exporter for third year in a row

The booming agriculture sector in Russia could help it remain the global leader in wheat exports this year, according to expert estimates examined by RIA Novosti. Preliminary projections show that...

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February 24, 2020
Panic mode on: Dow plunges 1,000+ points on mounting fears over coronavirus spreading

US markets continue to plunge on reports of increasing numbers of cases of the сoronavirus being identified outside China. The Dow Jones dropped by more than 1,000 points (3.7 percent)...

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February 24, 2020
US stocks suffer massive losses on mounting fears over coronavirus spreading

Dow Jones and S&P 500 stock indexes tanked as trading in the US opened on Monday following an earlier sell off in European and Asian markets amid concerns the coronavirus...

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February 24, 2020
France warns UK it will not be blackmailed into signing ‘bad’ post-Brexit trade deal

France will not rush to accept a trade agreement between the UK and EU at the cost of its economic future, French Secretary of State for European Affairs Amelie de...

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February 24, 2020
AU yeah! Gold surges more than 2% hitting 7-year highs

Investors are rushing to buy the safe haven yellow metal after rising fears over the spread of the coronavirus epidemic triggered panic sell-offs on Asian and European markets. The price...

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February 24, 2020
Coronavirus sends global stock markets in tailspin amid rising pandemic concerns

Asian and European stock markets tumbled sharply on Monday after the number of confirmed coronavirus cases beyond China, including in South Korea and Italy, jumped over the weekend. South Korea's...

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February 24, 2020
UAE’s latest natural gas discovery is a gamechanger

The discovery of a massive gas field on the border of Dubai and Abu Dhabi could become a significant game-changer as the country's relations with neighboring Qatar have cooled in...

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February 24, 2020
US becomes India’s top trading partner, surpassing China despite tariff row

Bilateral trade between the US and India reached $87.95 billion in 2018-19, making Washington New Delhi's new top trade partner, despite President Trump's increased pressure to negotiate a better deal...

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February 23, 2020
Global carmakers lose nearly $6 million daily for each plant shut down in Wuhan – media

The closures of plants in the epicenter of the coronavirus outbreak has cost foreign auto majors, including Honda, Nissan, General Motors and Renault, around $5.69 million in losses per day,...

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