Business

December 4, 2019
Macron’s sinking popularity is behind his push for digital tech tax – RT’s Boom Bust

US President Donald Trump defended American tech giants while meeting French President Emmanuel Macron in London. Trump railed against France's new digital tax which targets the likes of Google, Amazon,...

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December 4, 2019
India could see real growth in oil demand next year

Next year is expected to be a turnaround for oil demand in India, according to a new study by S&P Global Platts Analytics. With weakened demand caused by an economic...

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December 4, 2019
Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

Berlin will consider countermeasures if the US imposes sanctions on Nord Stream 2, the pipeline that will deliver natural gas from Russia to Germany, the head of the Bundestag's Committee...

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December 4, 2019
Foreign investors rush into Pakistan, with inflows surging 200% in first half of the year

Pakistan has seen unprecedented inflows of foreign money this year. Global investors bought 1-year bonds worth $642 million in November alone. That is expected to reach a record $3 billion...

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December 3, 2019
Chinese tech giant Huawei may still be kicked out of US banking system

US President Donald Trump's administration considered banning Huawei from the American financial system earlier this year, sources told Reuters. That was part of a host of policy options to thwart...

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December 3, 2019
‘Once you pop, you can’t stop’: Fed QE is like Pringles, Ross Ashcroft tells RT’s Keiser Report

The Federal Reserve Bank of New York has been bailing out the repo market with multi-billion dollar programs every week, says the Keiser Report, which asks if it's the fourth...

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December 3, 2019
Trump says US trade deal with China may have to wait until after 2020 election

US President Donald Trump says it might be better to wait until after the November 2020 general election in the United States to reach a trade agreement with China. “In...

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December 3, 2019
Goldman Sachs sees India’s growth picking up in 2020

The third-largest economy in Asia should rebound in 2020 as global conditions are set to improve, helping India's economic growth to pick up, according to US investment bank Goldman Sachs....

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December 3, 2019
Pick your battles, Donald? Global markets crash after Trump threatens tariffs on EVERYONE

Stock markets around the world tumbled following US President Donald Trump's latest tweets, reigniting fears about global trade tensions. Wall Street closed one percent lower on Monday, after Trump said...

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December 3, 2019
Moody’s upgrades Pakistan’s credit outlook to ‘stable’ after new IMF tranche

The leading credit rating agency said Islamabad's financial situation is on a path of improvement and expressed hope that the help from the International Monetary Fund (IMF) mitigates the risks...

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December 2, 2019
US mulls boosting EU tariffs as WTO says Airbus keeps getting European subsidies

Washington has threatened to impose new tariffs on trade with the European Union after the World Trade Organization (WTO) ruled that the EU had not complied with an order to...

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December 2, 2019
Hundreds more goods from Pakistan to hit Chinese market duty-free

The second phase of the China-Pakistan Free Trade Agreement (CPFTA) has come into effect, allowing Pakistani manufacturers and traders to export around 313 new products to the Chinese market on...

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December 2, 2019
Trump threatens to rock Brazil & Argentina with renewed tariffs on metals

US President Donald Trump on Monday attacked Brazil and Argentina over their respective currency depreciations, saying he will immediately reintroduce tariffs on steel and aluminum imports from them. “Brazil and...

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December 2, 2019
Russia pivots East with launch of natural gas deliveries to China

In a move to cement energy cooperation with the fast-growing economies in Asia, Russia officially launched delivery of natural gas supplies to China, via the Power of Siberia pipeline, on...

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December 2, 2019
The superpowers battling over Iraq’s giant oil field

Both the US and China are vying for influence in Iraq, and most importantly, to gain control over giant oil fields such as the Qurna-1 field that's just 50 kilometres...

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December 2, 2019
‘5G now America-free’: China’s Huawei assembles latest phones without US parts

Chinese telecoms giant Huawei, which has been blacklisted by the US, has managed to start making devices without American parts, replacing them with components sourced elsewhere. According to analysis by...

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December 1, 2019
Russia wants to attract Indian investors to mine rare earths in Far East

Indian companies IREL (Erstwhile Indian Rare Earths Ltd) and KABIL (Khanij Bidesh India Ltd) are looking into rare earth elements projects in Russia, according to Russia's Far East Investment and...

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November 30, 2019
Moscow wins ‘tourism Oscar,’ overtaking Paris, London, NYC & others as world’s top city destination

The Russian capital has beaten stiff competition to emerge as this year's ‘World's Leading City Destination.' Moscow triumphed over the British and French capitals, as well as 16 other cities,...

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November 30, 2019
Erdogan announces Turkey-Russia gas pipeline TurkStream will be launched on January 8

Turkish President Recep Tayyip Erdogan has announced the day that TurkStream, the 917 km pipeline across the bottom of the Black Sea, will officially be commissioned in Istanbul, capping an...

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November 30, 2019
India looks to Russian coal to lessen dependence on US, Canada & Australia

India and Russia are in talks to source coking coal in Russia's Far East, as New Delhi is seeking to diversify from its traditional suppliers such as the US, Canada...

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November 29, 2019
Six European states joining alternative payment channel for Iran to skirt US sanctions

Belgium, Denmark, Finland, the Netherlands, Norway and Sweden have agreed to support EU efforts to facilitate trade with sanctions-hit Iran as they announced their participation in the financial channel known...

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November 29, 2019
Ukraine facing $3bn budget revenue shortfall with Russian gas transit contract in limbo

Kiev has missed the opportunity to ink a new profitable gas transit deal with Moscow, Ukrainian politician Victor Medvedchuk said on Friday after another day of fruitless talks between Russia,...

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November 29, 2019
Huawei reportedly to mount legal challenge to FCC ban from government subsidy program

China's Huawei has decided to challenge a US Federal Communications Commission (FCC) decision blocking American rural carrier customers from tapping an $8.5 billion government fund to purchase equipment from the...

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November 29, 2019
Russia & China complete their first cross-border mega highway bridge (VIDEO)

The construction of a bridge over the Amur River to link Russia and neighboring China has been completed in the Far East. The historic road is first of its kind...

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November 29, 2019
Powering the $1 TRILLION Black Friday shopping spree

The holiday season has officially begun, and Americans are gearing up for a massive shopping spree that is going to require an enormous amount of energy. Deloitte has predicted that...

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November 28, 2019
India’s debt-crippled national carrier focused on day-to-day survival, will have to shut down if not privatized

Air India will have to cease operations if a renewed attempt to sell the debt-laden company fails to find a buyer, the country's Aviation Minister Hardeep Singh Puri said. “Once...

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November 28, 2019
Russia-UK trade & economic potential can overcome political rift, En+ chairman says

While tensions between London and Moscow have been high in recent years, the benefits of economic cooperation between the two could help to overcome the political crisis, executive chairman of...

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November 28, 2019
US headed for ‘economic disaster’ worse than in 2008, Peter Schiff tells Boom Bust

US President Donald Trump said a deal between Washington and Beijing is more likely, following a phone call between the negotiators of both countries on Tuesday. RT's Boom Bust brings...

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November 28, 2019
Russia is now far less dependent on US dollar or any other foreign currency – central bank

Russia is ready to significantly reduce its dependence on foreign financing, Alexander Morozov, chief of the Research and Forecasting department at the Central Bank of Russia, has told RT. Moscow...

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November 28, 2019
South Korean & Indian stocks could ‘surprise’ investors in 2020 – JP Morgan

US investment bank JP Morgan said it is “bullish on Asian equities” which could be boosted by a recovery in global tech demand and companies resuming investments. South Korean and...

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November 27, 2019
Swedish court rejects appeal by Russia’s Gazprom in gas transit dispute with Ukraine’s Naftogaz

Sweden's Svea Court of Appeal on Wednesday upheld an earlier arbitration decision forcing Russian energy major Gazprom to pay Ukraine's Naftogaz $2.56 billion in an ongoing gas transit dispute. “Today's...

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November 27, 2019
Russian-British trade growing & expected to reach $15 billion this year

The volume of trade between the UK and Russia may rise eight percent in 2019 compared to last year, the Russian Trade Representative to the UK announced at a business...

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November 27, 2019
Asia needs to invest $800 BILLION in the next ten years to solve food crisis – report

Asia's population could grow by approximately 250 million in the next decade. While consumers are demanding safer, healthier, and more sustainable food, a new study shows the continent is “unable...

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November 27, 2019
Russia’s national payment system MIR looks to expand to Europe

MIR payment system, developed by Russia in response to Western sanctions, is set to hit the European market. It will launch a pilot project at the Russian-British business forum in...

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November 27, 2019
46,000,000 turkeys consumed: How much energy do Americans use on Thanksgiving?

You might be surprised to know that Americans consume far less energy on Thanksgiving than on a regular Thursday, despite the fact that the nation will use 350GW to roast...

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November 26, 2019
Russia & China mull dozens of joint investment projects worth $112 billion

A joint Russia-China investment body is considering 70 projects totaling $112 billion, Russia's sovereign wealth fund has announced after an intergovernmental commission meeting in Beijing. On Tuesday, delegations from the...

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November 26, 2019
US Fed is a ‘mortician pumping formaldehyde’ into economy – RT’s Keiser Report

International rating agency Moody's has issued a debt downgrade warning to the entire world due to deepening global geopolitical uncertainty and risks. RT's Keiser Report discusses the issue, noting that...

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November 26, 2019
China boosts rare earth output to record highs to ensure dominance in trade war with US

The world's top producer of rare earths – China – has raised its annual mining quota to a record high of 132 thousand tons, the Global Times reported citing statistics...

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November 26, 2019
Alibaba stock skyrockets in Hong Kong trading debut

Shares of Chinese tech titan Alibaba jumped around 8 percent in the first morning of trading on the Hong Kong Stock Exchange, becoming the world's largest listing of the year...

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November 26, 2019
Indian stocks rally to historic highs amid bullish investor sentiment

New milestones have been hit by India's stocks this week which were cheered up by foreign investors pumping the highest amount of funds into the market since March. Foreign funds...

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