The deadly coronavirus could have a far more significant effect on the world economy than the severe acute respiratory syndrome (SARS) did in 2003, says the Russian National Credit Ratings...
January 28, 2020
US aerospace giant Boeing has secured commitments on over $12 billion in financing from more than a dozen banks, the media reported citing people familiar with the matter. The company...
January 28, 2020
Gold is once again proving its reputation as the traditional safe haven during times of uncertainty. The price of the precious metal has been rising amid continuing worries over the...
January 28, 2020
Since the beginning of the year, Russian bond sales have raised more than $1 billion from foreign investors, Kommersant daily reported, citing reports by Bank of America and BCS Global...
January 28, 2020
The first billion cubic meters of Russian natural gas has been supplied by Gazprom via the newly completed TurkStream pipeline to Turkey. “About 54 percent of this volume was delivered...
January 27, 2020
Worries over the rapid spread of the deadly coronavirus, which has infected almost 3,000 people and killed more than 80, have rocked financial markets around the world on Monday. US...
January 27, 2020
UK Prime Minister Boris Johnson is expected to allow Chinese tech giant Huawei build out its fifth-generation mobile networks in Britain, the Financial Times reported, citing people close to the...
January 27, 2020
Indian solar energy story marked a new milestone after India topped the Asia Pacific Region (APAC) for solar photovoltaic (PV) tenders in December 2019. According to analytics company GlobalData, with...
January 27, 2020
The price of crude continued to plunge on Monday, dragged down by fears of the deadly coronavirus outbreak, raising concerns about the global economic growth. International benchmark Brent crude was...
January 27, 2020
The developing markets of China and India will make up 35 percent of global gross domestic product (GDP) by 2060, nearing the US and European nations' combined share, according to...
January 26, 2020
Brazil produced more than 1 billion barrels last year, the first time it has breached the 1-billion-barrel mark, Reuters reports, citing the country's oil regulator, ANP. The daily average stood...
January 26, 2020
Investors shouldn't miss out on the strength of the current stock market, according to the head of one of the world's largest hedge funds Ray Dalio. He advises people to...
January 26, 2020
The new European Commission president has been trying to make fighting climate change the hallmark of her presidency. However, her proposals could further split the bloc and backfire, hurting the...
January 26, 2020
The new European Commission president has been trying to make fighting climate change the hallmark of her presidency. However, her proposals could further split the bloc and backfire, hurting the...
January 25, 2020
The rallying markets aren't as good as they seem, says Guggenheim Partners chief Scott Minerd. He likened inflation of asset prices caused by loose money policies of central banks to...
January 25, 2020
Brazilian President Jair Bolsonaro's first meeting with India's Narendra Modi appears to have boosted economic ties between the two emerging powers, which signed a trove of trade and investment agreements...
January 25, 2020
Starbucks has shut down all shops and halted delivery services in China's Hubei Province, as health officials scramble to contain a deadly coronavirus that originated from the provincial capital, Wuhan....
January 25, 2020
The deadly new coronavirus has started spreading across China and beyond and has infected hundreds of people. The outbreak has already started to take a toll on the nation's economy...
January 25, 2020
Washington has reportedly warned New Delhi to get ready to shell out an additional $6 billion for US agricultural products if it wants to finalize a broader trade deal, putting...
January 25, 2020
Washington has reportedly warned New Delhi to get ready to shell out an additional $6 billion for US agricultural products if it wants to finalize a broader trade deal, putting...
January 24, 2020
More than 200 oil and gas companies in North America have filed for bankruptcy since 2015, and the list of casualties could continue to climb this year. From 2015 through...
January 24, 2020
Fast food chain McDonald's has announced it will halt operations in five cities in China's Hubei province, where the new deadly coronavirus is believed to originate. The suspension comes into...
January 24, 2020
The trade agreement between economic superpowers China and the United States will lead to the growth of global trade disputes in the next two years, says Russian presidential adviser Maksim...
January 24, 2020
Russia will continue to be the biggest player on the global energy market with plans to increase natural gas deliveries to Europe and Asia, according to the head of the...
January 23, 2020
US President Donald Trump complained this week at the World Economic Forum in Davos that the United States has not been “treated fairly” by the World Trade Organization (WTO). Professor...
January 23, 2020
Addressing the World Economic Forum in Davos, Pakistan's Prime Minister Imran Khan said he hopes 2020 will bring economic stability and job opportunities to his country. He acknowledged that Pakistanis...
January 23, 2020
The agreement between Russia and the Organization of the Petroleum Exporting Countries (OPEC) to cut oil output has brought huge benefits to the entire Russian economy and its National Wealth...
January 23, 2020
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd, which would translate into a price drop of almost $3...
January 22, 2020
RT's Boom Bust has sat in with the CEO of cryptocurrency aggregator Bitsian to discuss how nations facing tough US sanctions have been exploring cryptocurrencies in attempt to shield their...
January 22, 2020
Electric car maker Tesla became the first $100 billion publicly listed US carmaker on Tuesday. It eclipsed the combined value of US auto giants General Motors and Ford, despite generating...
January 22, 2020
US President Donald Trump says Brussels will inevitably agree to negotiate a new trade agreement with Washington as talks between the two sides have long been at a standstill. "They're...
January 22, 2020
Exports of Russian crude surged last year, with shipments to the US increasing threefold, as Washington tightened sanctions against a number of countries, the Russian Ministry of Economic Development has...
January 22, 2020
Shares in aerospace giant Boeing fell by almost six percent following reports that regulators plan to keep the company's fleet of troubled 737 MAX airplanes grounded until June or July,...
January 21, 2020
Since China banned the import of certain types of waste in 2017, those shipments have declined by 71 percent, the country's environmental authorities have announced. China took in almost 13.5...
January 21, 2020
Since China banned the import of certain types of waste in 2017, those shipments have declined by 71 percent, the country's environmental authorities have announced. China took in almost 13.5...
January 21, 2020
Central banks have been buying massive amounts of gold over the last 50 years, purchasing a historic high of 374.1 tons in 2019. The unprecedented shift has been seen by...
January 21, 2020
Central banks have been buying massive amounts of gold over the last 50 years, purchasing a historic high of 374.1 tons in 2019. The unprecedented shift has been seen by...
January 21, 2020
European countries should rely on US gas imports to ensure their energy security, US President Donald Trump announced at the World Economic Forum in Davos. “With an abundance of American...
January 21, 2020
China National Petroleum Corporation (CNPC) has found crude oil and natural gas in the deepest well drilled in Asia's onshore, striking hydrocarbons in a pre-salt layer for the first time...
January 21, 2020
Stocks on the Hong Kong exchange fell most among major Asian markets after Moody's rating agency cut the financial hub's rating from Aa2 to Aa3. The city's government says it...
