Business

January 13, 2020
Unstoppable rally: World’s most precious metal rhodium is now 5 times more costly than gold

The extremely rare, silvery-colored metal rhodium has extended its multi year growth, surging 32 percent so far this month and touching the highest mark since 2008. The metal which is...

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January 13, 2020
Nissan pushes for split from Renault after Ghosn’s dramatic escape – media

Former head of the Nissan-Renault alliance Carlos Ghosn's daring escape from Japan could have put another nail in the coffin of the already troubled partnership, as Nissan is reportedly beefing...

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January 13, 2020
‘Stop buying Iranian oil or face sanctions’: US in talks with China over Iran

Washington has managed to "cut off probably over 95 percent of the oil revenues" of Iran, according to US Treasury Secretary Steven Mnuchin. He told Fox News that US officials...

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January 13, 2020
Devastating bushfires may cost Australia up to US$3.5bn & take toll on economic growth

Australia is expected to face up to AU$5 billion (US$3.5 billion) in losses as fires continue to rage across the continent, according to an Australian Westpac bank forecast. The natural...

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January 13, 2020
Russia among Europe’s top performing stock markets in 2019

While last year was marked by political and economic uncertainty across the world, Greece, Russia and Italy have been Europe's top performing stock markets. Some investors dismissed these markets as...

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January 12, 2020
Lamont to answer public’s questions on tolls, transportation

Connecticut Gov. Ned Lamont was expected to field questions Sunday from the public at a public forum about transportation, which comes as lawmakers inch closer toward a possible vote on...

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January 12, 2020
Safety ambassadors offer helping hand to those in need

The man and woman standing outside the Downtown YMCA seem to see Rich Northup before he sees them. It's just after 6 a.m. and still dark on this mid-December day,...

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January 12, 2020
‘The vulnerable spot’: Disruption in the Strait of Hormuz would be greatest ‘black swan’ event in years for oil markets – S&P

The growing hostilities between the United States and Iran have raised concerns about the possibility of disruption to a key shipping route in the Gulf region, and about the consequences...

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January 12, 2020
China’s smart supercities powered by 5G to become new growth engine

The next phase of growth in China could come from developing smart supercities through 5G connectivity, smart grids, renewable energy and modern transportation, according to a report by Morgan Stanley....

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January 11, 2020
Nord Stream 2 is an economic project to benefit Germany AND Europe, Washington’s stance is wrong – Merkel

German Chancellor Angela Merkel says the Nord Stream 2 is an economic project that will benefit large parts of Europe, criticizing US attempts to undermine it. Speaking to journalists in...

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January 11, 2020
Australia becomes top LNG exporter despite bushfire crisis

Australia's bushfire crisis has arrived to such a tragic and critical apex that the smoke from the climate change-fuelled fires has travelled nearly 10,000 miles to South America and may...

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January 11, 2020
World’s super-rich are hoarding physical gold in secret bunkers

The strategic case for owning gold remains strong, according to analysts at Goldman Sachs. They point to such factors as political uncertainty, recession fears and other worries among the global...

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January 10, 2020
Moscow joins TOP 5 ‘best’ cities in the world, triumphing over Dubai, Singapore, Barcelona & others

The Russian capital has been named the world's fifth-best metropolis in a ranking of 100 major cities by Resonance Consultancy. It is the top-hashtagged city on Instagram, the consultancy firm...

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January 10, 2020
Regular railway freight transport across new Crimea Bridge will start from July

Russian President Vladimir Putin said on Friday that regular freight rail services via the 19-km-long Crimea Bridge, which connects the peninsula with mainland Russia, will kick off on July 1....

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January 10, 2020
‘We are going to have a horrible time,’ Jim Rogers tells Boom Bust as global debt skyrockets

Central banks around the world will continue printing money as long as it's necessary, says legendary investor Jim Rogers, calling it “madness.” He talks to RT's Boom Bust about the...

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January 10, 2020
Asian oil buyers unfazed by Iran crisis

Oil prices rose and fell in the aftermath of the latest escalation between the United States and Iran, but one kind of oil remained more resilient than the rest: heavy...

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January 9, 2020
US dollar hegemony will end in the next decade, banker tells RT’s Keiser Report

Central banks have destroyed value in the property markets, the bond markets, and the stock markets, British-American investor Mitch Feierstein says. The author of 'Planet Ponzi' and blogs at PlanetPonzi.com...

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January 9, 2020
Japanese companies pull staff out of Iran, ban Middle East travel

Three major Japanese banks have ordered their employees in Iran to leave the country for security reasons, NHK television reported on Thursday. The order comes amid growing tensions between Washington...

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January 9, 2020
China opens up oil & gas exploration to foreign firms

China's Ministry of Natural Resources said on Thursday that for the first time foreign companies will be allowed to take part in oil and gas exploration and production in the...

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January 9, 2020
China opens up oil & gas exploration to foreign firms

China's Ministry of Natural Resources said on Thursday that for the first time foreign companies will be allowed to take part in oil and gas exploration and production in the...

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January 9, 2020
TurkStream is a matter of ‘national & energy security’ for Turkey & EU… and US can’t derail it now

The TurkStream pipeline, supplying Russian gas to Turkey under the Black Sea, will boost energy security of the entire southern Europe and the US won't interfere with it, said Sakir...

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January 8, 2020
Full stream ahead: Russia & Turkey launch TurkStream gas pipeline

Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan have launched the long-anticipated offshore pipeline TurkStream, that will deliver Russian gas to Turkey and further to southern European...

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January 8, 2020
France wants to push reset button in economic relations with Russia

Paris is looking for ways to avoid US sanctions in order to relaunch and deepen economic cooperation with Moscow, French Finance Minister Bruno Le Maire has reportedly said. "We want...

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January 8, 2020
Global airlines suspend flights to Iran, Iraq & reroute planes crossing airspace

Several air carriers are suspending flights and changing their routes to avoid the airspace over Iraq and Iran amid tensions in the region and after Wednesday's deadly plane crash near...

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January 8, 2020
Gold skyrockets above $1,600 after Iran takes ‘revenge’ on US

Gold prices hit fresh highs, jumping more than two percent on Wednesday, as investors flocked to safe havens after Iran launched retaliatory strikes on a number of facilities hosting US...

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January 8, 2020
Oil markets rally as stocks take a plunge after Iranian revenge strike

The price of crude saw a significant jump following a series of Iranian missile strikes on American bases in Iraq, which also sent US stocks plummeting as concerns of a...

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January 8, 2020
Oil markets rally as stocks take a plunge after Iranian revenge strike

The price of crude saw a significant jump following a series of Iranian missile strikes on American bases in Iraq, which also sent US stocks plummeting as concerns of a...

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January 7, 2020
Is Beijing backpedaling on key issue of US-China trade deal?

China's annual quotas for corn, wheat and rice will remain unchanged, the country's senior agriculture official has reportedly said. The news comes days before the first part of the US-China...

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January 7, 2020
Why pirates are giving up on oil

Piracy in some of the world's most critical oil chokepoints is on the rise - but now, pirates are resorting back to another method of income generation better suited to...

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January 7, 2020
Pakistan wants Tesla plant of its own as Gigafactory opens in China

If Tesla agrees to set up its next factory in Pakistan it will enjoy free land and tax breaks, a Pakistani minister has promised. The invitation came shortly before CEO...

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January 7, 2020
Nissan wants to hold its fugitive ex-boss Ghosn accountable for ‘serious misconduct’

Nissan has finally broken its silence on former chairman Carlos Ghosn's incredible escape from Japan, saying that the “extremely regrettable” move will not stop the company from pursuing legal action...

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January 6, 2020
Boeing looks for additional cash to stay afloat amid ongoing 737 MAX crisis – report

American aerospace giant Boeing is eyeing to raise more debt in a bid to cope with the consequences of the groundings of its once best-selling airplane, the 737 MAX, according...

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January 6, 2020
Boeing looks for additional cash to stay afloat amid ongoing 737 MAX crisis – report

American aerospace giant Boeing is eyeing to raise more debt in a bid to cope with the consequences of the groundings of its once best-selling airplane, the 737 MAX, according...

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January 6, 2020
UK may stall its own tech development if it bars Huawei from market – Chinese envoy

As the UK is still wobbling on whether to allow Huawei to build its national 5G networks, Beijing is urging London not to bury its technological progress by excluding the...

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January 6, 2020
Oil rallies & gold hits 7-year high as tensions flare in the Middle East

The escalating situation in the region following the assassination of a top Iranian military commander has given the yellow metal its highest rates in nearly seven years, and raised oil...

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January 5, 2020
Iran could bring an ‘overnight economic depression’ in retaliation to US – ex-Pentagon official tells Boom Bust

Tehran could block a key shipping route in the Gulf region after US attack, thus causing a terrible headache to global oil markets and the world's economy in general, former...

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January 5, 2020
France does not seek trade war with US, but can retaliate if it comes to that – finance minister

Paris will not sit idle if Washington implements its threat to hit French goods with tariffs, Finance Minister Bruno Le Maire stated as he touched on a simmering row on...

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January 5, 2020
Middle East stock markets suffer losses, dragged down by US-Iran tensions

Saudi Arabia's Tadawul All Share Index (TASI) as well as other key Middle East stock exchanges were down on Sunday after the killing of Iran's top general triggered a new...

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January 5, 2020
$1.8 million for a FISH: Japan’s ‘Tuna King’ spares no expense to get 2nd-priciest tuna (VIDEO)

A Japanese businessman known as the Tuna King really goes to great lengths when it comes to giving sushi lovers the “best” bluefin tuna. This year he paid 193.2mn yen...

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January 4, 2020
Huge stock market bubble forming with an inevitable 60% plunge, strategist warns

The “everything rally” that has engulfed Wall Street is a classic asset bubble just waiting to burst sometime in 2020, CEO of AdvisorShares Noah Hamman told Yahoo Finance. “It will...

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