Business

February 14, 2020
Russia rapidly recovered from sanctions & drop in oil prices – British investment trust

The Russian economy has proven that it can withstand Western sanctions and falling oil prices, Matthias Siller, co-manager of the Barings Emerging Europe Fund, has said. Despite the difficulties Moscow...

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February 14, 2020
Russia and Saudi Arabia fight for share of India’s huge oil market

Russia has put India on top of its priority list as it looks to ramp up crude exports and expand its downstream presence. One of the last bulwarks of global...

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February 13, 2020
Barclays boss Jes Staley probed over ties with Jeffrey Epstein

British financial regulators are investigating the relationship between Barclays CEO Jes Staley and convicted sex offender Jeffrey Epstein, who died in a prison cell last year. In a statement released...

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February 13, 2020
Shale gas drillers are facing a perfect storm

Natural gas prices under $2/MMBtu have hit Appalachian shale gas drillers hard, but the longer the gas glut wears on, the deeper the problems will become. With each passing week,...

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February 13, 2020
Global oil demand to face 1st quarterly drop in more than a decade – IEA

The International Energy Agency (IEA) has cut its 2020 growth forecast, saying that global energy demand is going to fall to the lowest level since 2011, having been hit hard...

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February 13, 2020
Airbus crushes Boeing with record jet deliveries

Boeing's European rival Airbus wants to break its own record and bring aircraft deliveries to a new all-time high in 2020, as the American planemaker continues to struggle with the...

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February 12, 2020
Russia needs more investment to outpace global economic growth – Putin

Russian President Vladimir Putin has called on the government to make the country's economic growth more stable and eventually bring the national gross domestic product (GDP) above the global average....

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February 12, 2020
Russia & EU on path to cut out the dollar by boosting settlements in national currencies

With the number of non-dollar deals rising, Moscow and Brussels are discussing ways to boost the volume of settlements in euros or rubles, says Russia's envoy to the EU Vladimir...

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February 12, 2020
The ticking time bomb that could crush oil markets

Libya's oil production is down to less than 200,000 bpd, and the uncertainty surrounding the outage create complications for OPEC+ as it looks to cut deeper. Libya's civil war entered...

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February 12, 2020
Nissan seeks $90 million in damages from fugitive former boss Carlos Ghosn over ‘years of misconduct & fraud’

Japanese automaker Nissan has filed a civil lawsuit against fugitive former chairman Carlos Ghosn, initially seeking to recover 10 billion yen ($90.8 million) in damages over alleged financial misconduct and...

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February 12, 2020
Boeing hits all-time low with ZERO orders in January

American aerospace giant Boeing has scored no orders for new jets last month for the first time in nearly 60 years, having delivered just 13 planes to its customers amid...

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February 12, 2020
Boeing hits all-time low with ZERO orders in January

American aerospace giant Boeing has scored no orders for new jets last month for the first time in nearly 60 years, having delivered just 13 planes to its customers amid...

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February 11, 2020
Vostok Oil project will boost Russia’s GDP & strengthen country’s position in the Arctic – Putin

Russia's massive Vostok Oil project could bolster Russia's presence in the remote Arctic region and boost the country's economy, Russian President Vladimir Putin said on Tuesday. The Russian leader discussed...

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February 11, 2020
Trade deficit that Trump is so eager to eliminate is actually a lifeline for US dollar — RT’s Keiser Report

The trade deficit with China may have cost US jobs, but it could be one of the few things keeping the greenback afloat, RT's Max Keiser and Stacy Herbert have...

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February 11, 2020
Indonesia to create sovereign wealth fund based on Russian model

Jakarta wants to establish a national wealth fund similar to the Russian Direct Investment Fund (RDIF) to attract foreign investment to the country, the Indonesian deputy minister of state-owned enterprises...

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February 11, 2020
Russian oil & gas firms plan to invest $20 BILLION in Iraq’s energy industry

Russian oil and gas companies could triple their investments in Iraq in the near future, Yury Fyodorov, first deputy chairman of the Economic Policy Committee at the Russian Federation Council,...

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February 10, 2020
Are large-scale solar projects doomed to fail?

It's been nearly 200 years since humans discovered how to convert sunlight into electricity, but solar energy still faces a number of challenges in its adoption as a reliable source...

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February 10, 2020
Location, location, location: Why Russian LNG can beat competition from US & Australia

Russia's geographical position makes its exports of liquefied natural gas (LNG) more profitable and competitive with American and Australian supplies, according to Russia's Energy Minister Alexander Novak. Russia ships most...

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February 10, 2020
Coronavirus likely to have minimal effect on Russia’s economic growth — Alexei Kudrin

Russian economy could feel the impact of the ongoing coronavirus epidemic, but it is likely to be less damaging than expected, according to the head of Russia's Accounts Chamber, Alexei...

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February 10, 2020
China warns France not to discriminate against Huawei on 5G contracts

The Chinese embassy in Paris has called on the French government to treat telecom giant Huawei as an equal to other tech companies when it comes to participant selection in...

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February 9, 2020
The race for Arctic oil is heating up

Norwegian and Russian companies are leading the charge in a renewed offensive for Arctic oil and gas riches. Despite climate concerns and environmentalist backlash against exploration for oil and gas...

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February 9, 2020
A proposal to remove a Virginia statue may have backfired

A conservative Republican lawmaker, irked that Democrats might mess with Virginia's Confederate monuments, filed a bill that boiled down to a dare: If you want to take down statues, start...

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February 9, 2020
General Assembly moves to regulate peer-to-peer car-sharing

Neil Aneja always wanted a Tesla, so he drove three hours away and bought one. He brought it back to Roanoke and lets people rent it. Aneja has three vehicles...

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February 9, 2020
Indian pharma threatened by coronavirus outbreak that could lead to shortage of Chinese drug imports

India's pharmaceutical industry has warned that the ongoing coronavirus epidemic could impact the supply of ingredients and drugs imported from China. The possibility that drug imports could be slashed due...

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February 9, 2020
Russian banks may grant loans to diamond buyers in India – media

Indian diamond traders purchasing rough precious stones from major Russian miner Alrosa could be eligible for loans from Russian banks, as domestic lenders have reduced financing for the gem and...

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February 9, 2020
Unpleasant surprise for Washington? US oil sanctions on Iran force India to look to Russia

Escalating US pressure on Iran, including sanctions targeting Iranian oil exports, may have had an unexpected consequence – pushing India to diversify its energy supplies by shifting from Tehran to...

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February 8, 2020
China’s mobile giants teaming up to challenge Google Play dominance

Chinese companies Huawei, Xiaomi, Oppo, and Vivo are working on an app store alliance that would allow developers outside of China to upload the app once and have it show...

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February 8, 2020
Russia looks to double coal exports to China

Besides its high profile gas exports, Russia is looking to double its coal exports to China, effectively competing with Indonesia, Australia and the US. Russia has been historically associated with...

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February 7, 2020
Russia’s largest oil company’s shares fall after reports of new US sanctions

Rosneft stock slumped nearly five percent during Friday trading on the Moscow Stock Exchange after reports claimed that the US wants to slap the Russian oil giant with new sanctions...

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February 7, 2020
India’s struggling diamond industry could be hurt further due to coronavirus outbreak

Supplies of India's cut and polished diamonds to its biggest export market Hong Kong have fallen 23 percent in the nine months to December from a year earlier to $5.4...

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February 7, 2020
UK wants to ease trade restrictions on some Russian imports

The British government is looking to lift anti-dumping measures on Russian goods, imposed by the EU back in 2015. The restrictions could be removed in 2021 when the 11-month Brexit...

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February 7, 2020
Johnson & Johnson ordered to pay $750mn in New Jersey talc case

US drug manufacturer Johnson & Johnson (J&J) will have to pay punitive damages of $750 million to four plaintiffs who allege that the company's baby powder caused their cancers. The...

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February 6, 2020
Nord Stream 2 investors pledge to meet their commitments despite renewed threats of US sanctions

European companies have already invested billions of dollars in the Nord Stream 2 underwater pipeline from Russia to Germany, and are not going to ditch the project despite the threat...

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February 6, 2020
‘Opioid genocide’: RT’s Keiser Report digs into US drugs overdose crisis

Electronic patient records systems used by doctors across the United States have been programmed to automatically suggest opioids for treatment. This was part of a secret deal between the software...

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February 6, 2020
‘Gasmaggedon’ sweeps over global gas market

China's state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. Shipments of oil and gas are backing up at...

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February 6, 2020
Huawei sues US telecoms provider Verizon for alleged patent violations

Chinese tech giant Huawei has filed a lawsuit against US carrier Verizon, seeking compensation for what it said were infringements of its intellectual property rights. The company said that Verizon...

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February 6, 2020
China to cut tariffs in half on $75 billion of US imports

Beijing has announced that it will halve tariffs on more than 1,700 American products – worth up to $75 billion – to promote “the healthy and stable development” of trade...

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February 5, 2020
Western anti-Russia sanctions proved to be ineffective, France’s special envoy says

Europe's economic penalties against Russia have had no impact on the growth of the country's economy, French politician Jean-Pierre Chevenement said, adding that the idea of ​​isolating Russia turned out...

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February 5, 2020
US antitrust law is all about ‘who is paying who’ – editorial director of research institute tells Boom Bust

Top antitrust official at the US Department of Justice (DOJ) Makan Delrahim removed himself from an investigation into alleged anticompetitive practices at Google over a potential conflict of interest. RT's...

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February 5, 2020
Rosneft inks deal with India’s top refiner on up to 2 MILLION tons of crude supplies

Russia's energy giant Rosneft and state-owned Indian Oil Corporation (IOC) have agreed deliveries of 40,000 barrels of crude per day to India via the port of Novorossiysk by the end...

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