Business

Poland, which has been rapidly boosting its bullion reserves over the past two years, has repatriated around 100 tons of gold from the Bank of England's vaults in London. Around...

Chinese importers purchased at least 20 cargoes of Brazilian soybeans last week, traders told Reuters, citing uncertainty over a trade deal with its traditional supplier, the United States. According to...

The California Restaurant Association (CRA) sued the City of Berkeley over a ban on the use of natural gas in newly built buildings, in order to protect Berkeley's businesses and...

Ride-hailing service Uber has lost its license to operate in the UK capital, after authorities have discovered that more than 14,000 trips were made with uninsured drivers. Transport for London...

The world's leading luxury group LVMH has agreed to buy a 182-year-old US jeweler Tiffany & Co. for $135 per share in cash. The $16.2 billion deal will become the...

The world's largest chemical producer BASF has officially begun construction of its petrochemicals project in China's southern province of Guangdong. It is the largest investment in the German company's 154-year...

The world economy has witnessed the lowest global growth this year since the 2009 recession, according to international rating agency Moody's. It expects the economy to stay fragile as risks...

As part of a radical $8.3 billion restructuring plan, the multinational Deutsche bank has so far axed over 4,000 jobs, with some 18,000 more staff cuts to come by 2022....

Russian gold miners in the Far Eastern region of Magadan have extracted more gold than some countries' entire bullion reserves. They've mined over 40 tons of the precious metal since...

A senior US diplomat launched a verbal barrage at Beijing's economic presence in Pakistan, claiming the massive investment brought nothing but corruption and a legacy of debt. China hit back...

EasyJet's plan to offset emissions clearly falls in line with now trendy environmentalism, but unfortunately it has little to do with really improving the climate situation on the planet, aviation...

Germany's competition commission Bundeskartellamt has ordered the country's three major automakers to pay a total fine of €100 million ($110 million) for forming a cartel to fix steel prices. The...

US tech major Microsoft has been granted a license to export software to China's Huawei. The latter was added to the US ‘Entity List' in May, making it illegal for...

Beijing has been trying to avoid a trade war with Washington and wants to hammer out an initial trade pact, Chinese President Xi Jinping said on Friday. He warned, however,...

A two-story office building has been successfully 3D printed in Heyuan City in south China's Guangdong Province. The 7.2-meter-high office, which covers 230 square meters, has been constructed with contour-crafting...

For the US shale industry, the third quarter was more of the same: new record highs in oil production, but another quarter of negative cash flow. A sample of 38...

The Nord Stream 2 project designed to deliver Russian natural gas to Germany and other European customers will start working in the middle of next year, Deputy Prime Minister Dmitry...

The US Federal Reserve along with other world central banks have been hinting about issuing their own digital currencies, which could become “one of the worst financial ideas of recent...

A Canadian law firm has filed a $500 million class-action lawsuit against Monsanto and its owner Bayer. It says they've been acting with reckless disregard for the safety of Canadians...

An international airport on Russia's Sakhalin Island, located north of Japan, may be turned into a major flight connection hub, allowing passengers to travel to Asia and the Americas. “We're...

The completion of a “phase one” trade deal with the United States could push China's growth next year above current expectations, according to global credit ratings agency Fitch. In September,...

The Kremlin may have felt ‘some anxiety' when the US started sanctioning Russia, but in the end that only made its economy stronger. Investors seem to agree, with Russian bonds...

Washington is making a serious mistake as it aims to deter the development of Russia and China, Russian President Vladimir Putin said at an investment forum in Moscow. “Balanced international...

Not so long ago, oil prices would surge or plummet on just a whisper from OPEC, who at the time held all the supply cards. The mere hint that the...

A number of European countries have been lately pushing their own digital taxes for tech giants. The Czech Republic is now seeking to introduce a seven percent digital sales tax....

US authorities are reportedly investigating whether one of Sweden's largest lenders, Swedbank, breached US sanctions targeting Russia as it allowed transactions between Russian arms producer Kalashnikov and its US-based namesake....

The National Bank of Serbia has been instructed by President Aleksandar Vucic to continue boosting gold reserves in order to create an economic bulwark for the country. “I think we'll...

Thousands of tons of Russian grain will be delivered to Syria next year, according to the head of the Crimean region Yuri Gotsanyuk. Exports from the Russia's Black Sea peninsula...

UK budget airline EasyJet wants to offset carbon emissions for every single flight, promising that its “green” efforts will have no impact on the passengers' pockets. The carrier announced its...

The growing rivalry between the world's two largest economies, the US and China, is at risk of becoming a ‘financial war,' a former Chinese finance minister says. RT's Keiser Report...

Russia's holdings of US securities as of September stood at $10.75 billion, recent data from the US Treasury Department shows. Moscow's total is just a fraction of what small states,...

The Arctic Palladium project which involves development of several platinum-group metal deposits on Russia's Taimyr Peninsula is nearing completion. It is expected to turn Russia into the world's top producer...

Russian energy major Gazprom wants to extend the existing agreement, which expires next year, or sign a new deal for one year on gas transit through Ukraine with the country's...

As its semi-annual meeting nears, OPEC is facing increasing pressure to deepen its output cuts or face the possibility of much lower oil prices. Global oil supply could continue to...

Dubai-based airline Emirates has ordered 50 Airbus A350 aircraft in the first major deal at the Dubai Airshow 2019 after the opening day of the expo ended with disappointing sales....

The Indian government is planning to float global tenders for the first time for coal mining blocks before the end of the year, sources told Reuters. According to them, the...

Russia plans to build a $1.3 billion bridge across the Lena River to develop transport links in the hard-to-reach Yakutia region. The project, set to be finished in 2025, has...

The Hollywood movie star Gwyneth Paltrow's lifestyle website Goop has released its annual holiday gift guide, which includes a six-figure tree house, a $425 pair of gold handcuffs and a...

The price range for Saudi Aramco shares published on Sunday ahead of an IPO indicates that the value of the oil giant is between $1.6 trillion to $1.7 trillion, which...

The global oil market could be entering unchartered waters in the coming weeks. After the US shale revolution, which threatened OPEC's hold on and the stability of the market, a...