Business

US sanctions against the Russian Nord Stream 2 pipeline have caused widespread anger in Germany, and even critics of the project are now seeking to slap the American ‘molecules of...

Syria's Minister of Petroleum and Mineral Resources Ali Ghanem told Sputnik news agency that two agreements have been signed with Russian companies to develop two deposits in the country's territorial...

As Max Keiser and Stacy Herbert travel to Brazil they talk about the country's struggling economy, which has slowed to just one percent growth in recent years. Max talks to...

The world's largest telecommunications equipment supplier Huawei has rejected claims published by the Wall Street Journal (WSJ) that the company receives special treatment and huge subsidies from Beijing. It has...

Cooperation between Russia and Europe is growing, and pressure from the US just gives more impetus for further development of those ties, says Russian Economic Development Minister Maksim Oreshkin. “As...

The United States could ratchet up pressure on Russia's Nord Stream 2 gas pipeline, said Deputy Prime Minister Dmitry Kozak. However, energy security is Europe's top priority regardless of US...

Banks are restricting lending and revising their estimates on the value of some shale reserves, according to the Wall Street Journal. Even the largest banks, such as JPMorgan Chase and...

The decision by President Vladimir Putin to set up reserve funds ten years ago has saved the Russian economy, says the country's former finance minister Alexei Kudrin, who now heads...

While 2019 was a year of difficulties and economic stabilization for Pakistan, 2020 is expected to be a year of economic development, according to Prime Minister Imran Khan. “During the...

The US ride-hailing service Uber announced on Tuesday its co-founder and former CEO Travis Kalanick is stepping down from the company's board of directors at the end of this month...

Russia supplies about a fifth of Europe's liquefied natural gas (LNG) needs, which puts it well ahead of the United States, Energy Minister Alexander Novak has said. The US share...

As a busy 2019 in the oil and gas industry ends, analysts are busy issuing predictions about next year and what they would mean for oil markets and prices. This...

The world could be potentially on the brink of another financial crisis, but the rise of cryptocurrencies could become a hedge against recession, according to Nolan Bauerle, Director of Research...

As part of a plan to increase foreign exchange earnings and end a chronic boom-and-bust cycle, Islamabad may offer tax breaks to various industries with export potential. That's according to...

A jury in St. Louis in the US has ruled in favor of pharma giant Johnson & Johnson (J&J), in the latest of several lawsuits alleging that the drug company's...

It may be “quite favorable for Russia” to finish the Nord Stream 2 construction by itself, says German business newsletter publisher Dr Eike Hamer, as European companies participating in the...

Huawei is offering Indian developers cash for playing a part in building its own app service to replace the one developed by Google, as the Chinese company continues to battle...

US planemaker Boeing has replaced its CEO Dennis Muilenburg after the company faced a series of setbacks following two fatal crashes of its best-selling aircraft, the 737 MAX, which killed...

Global investors have been returning to Russian assets this year, pouring more money into the country over signs of its strengthening economy. The growth comes despite US sanctions targeting Russia's...

Russia says the Nord Stream 2 gas pipeline will be finished despite all the challenges, after Swiss-Dutch company Allseas decided to stop its works on the project in the Baltic...

Huawei should be allowed to participate in the rollout of 5G in Italy, Stefano Patuanelli said after a parliamentary committee urged that Chinese companies be banned from the development of...

Russia has produced more than 185.1 tons of the precious yellow metal from January to July this year, according to recent data published by Russia's Finance Ministry. This is a...

Ripple, the company behind cryptocurrency XRP, has raised US$200 million in its latest investment round - bringing its valuation to $10 billion - as the startup aims to further grow...

India's Energy Minister Dharmendra Pradhan said that his country will surpass China and become the world's fastest growing market for energy by 2030. “We are on our way to become...

After multiple rounds of talks, Russia and Ukraine have finally hammered out an extension to the current gas agreement that is set to expire at the end of the year....

Iran, Malaysia, Turkey and Qatar are looking into using gold and barter for trade to shield themselves from any future punitive economic measures, Malaysian Prime Minister Mahathir Mohamad has announced....

The extension of EU sanctions against Russia came into force on Saturday. The penalties target specific sectors of the Russian economy, including financial, energy and defence sectors, and will run...

India's economy has the resilience to overcome the current slowdown and return to high growth trajectory, said Prime Minister Narendra Modi. He reassured investors about their long-term bets on Asia's...

Allseas, a Swiss-Dutch company laying the Nord Stream 2 pipeline off the Danish coast, has announced it is suspending its work and will pull out of the project after being...

After months of tense negotiations and years of legal battles, Moscow and Kiev have made an agreement on extension to the current gas transit agreement, which expires on December 31....

Turkish President Recep Tayyip Erdogan has hit back against US threats to impose sanctions on the TurkStream pipeline that is set to deliver Russian gas to Turkey and further to...

Rambler Group has dropped legal action against the Twitch streaming service over illegal broadcasts of English Premier League (EPL) matches. A Moscow judge announced the decision “to terminate the administrative...

A crusader against the US dollar, Turkish President Recep Tayyip Erdogan said that Muslim countries should switch to trading in their national currencies if they do not want to be...

Russian and Ukrainian delegations have reached a preliminary gas transit agreement after intense negotiations in Berlin as the current contract is set to expire at the end of the year....

One of the biggest customers of Boeing, Turkish Airlines, is preparing to open a court case against US aviation giant Boeing after having to reevaluate its operation strategy due to...

The International Monetary Fund (IMF) has approved the second tranche of $452.4 million for Pakistan under the $6 billion bailout program for the country. This brings the total disbursements to...

The United States does not provide real support to Ukraine, only promising guarantees for possible loans, which is not real money, said Russian President Vladimir Putin. “If they wanted to...

The latest US sanctions are not just targeting Russia's Nord Stream 2 gas pipeline but the whole energy alliance between Russia and Europe, according to Alexander Rahr, research director at...

The world's first floating nuclear power plant (FNPP), the Akademik Lomonosov, began supplying electricity on Thursday to a remote town in the far eastern region of Chukotka, Russia's nuclear agency...

Moscow will seek a mutually acceptable solution in the gas transit dispute with Kiev, Russian President Vladimir Putin said on Thursday. “I think we will find an agreement with Ukraine...