Russia is planning to abandon the US dollar in favor of euro and rubles for currency settlements in global energy transactions in order to minimize reliance on the American currency....
October 12, 2019
Time travel has always fascinated mankind, but a Star Trek kind of warp drive has till now been impossible to build. This hasn't discouraged scientists to continue researching it. Scientists...
October 12, 2019
A report released this week by London-based brand consultancy Brand Finance said China continues to grow at a very healthy rate despite trade tensions with the United States. According to...
October 11, 2019
German carmaker Daimler said it will recall “a medium six-figure” number of diesel engines that fail to meet the EU's emission standards after a ruling by German road traffic regulator....
October 11, 2019
The US and China have reached a “very substantial phase one” deal, US President Donald Trump has declared. Tariffs due to take effect on Tuesday have been canceled, and markets...
October 11, 2019
The advantages of plastics over alternatives—cost and durability—will continue to drive demand for it even as governments around the world clamp down on single-use plastics. Many social media users had...
October 11, 2019
The UK's Royal Mint has produced its first payment card which is made from real gold. The new card comes with a hefty price tag of £18,750 ($23,200). The 18-carat...
October 11, 2019
The Russian Direct Investment Fund (RDIF) has announced plans to implement new projects and ink agreements with Saudi companies during President Vladimir Putin's visit to Saudi Arabia next week. “We...
October 11, 2019
The price of crude oil rose sharply on Friday morning after Iranian officials said that two rockets had struck an Iranian tanker traveling through the Red Sea. International benchmark Brent...
October 10, 2019
Millions of Americans receive a surprise medical bill every year, bankrupting families and raising health care costs for everyone. RT's Keiser Report says the reality of America where people live...
October 10, 2019
An Australian farmer has launched a legal action against Bayer agricultural chemicals unit Monsanto after being diagnosed with a type of leukemia. According to the Australian Broadcasting Commission (ABC), New...
October 10, 2019
The European Union has removed seven countries from its list of tax havens, the bloc's finance ministers announced on Thursday. They include Switzerland, United Arab Emirates and five other countries....
October 10, 2019
Russian flagship carrier Aeroflot has formally canceled an order for 22 Boeing 787 Dreamliners valued at about $5.5 billion. This adds to the pressure on Boeing due to the grounding...
October 10, 2019
As trade talks between the US and China unfold in Washington, a series of conflicting news reports have thrown markets into confusion, with US and Asian futures indexes briefly dropping...
October 9, 2019
Four in ten Africans, or over 416 million people, lived on less than $1.90 per day in 2015, according to a new report released by the World Bank on Wednesday....
October 9, 2019
Bitcoin and crypto miners do consume vast amounts of power, but how much power do they really use, and are they actually a big burden on the grid? For some...
October 9, 2019
With trade talks between the world's two largest economies, the US and China, about to begin on Thursday, media reports suggest that Beijing is ready to negotiate a partial trade...
October 9, 2019
Ahead of high-level US-China trade talks on Thursday, Washington added China's top artificial intelligence startups to its blacklist, citing Beijing's alleged mistreatment of Muslim minorities. It's a “crazy thing to...
October 9, 2019
A Philadelphia jury on Tuesday said that Johnson & Johnson (J&J) must pay $8 billion in punitive damages to a man over his claims that a drug manufactured by the...
October 8, 2019
Washington has added China's top artificial intelligence startups to its blacklist, citing Beijing's mistreatment of Muslim minorities. The move comes ahead of high-level trade talks in Washington on October 10....
October 8, 2019
Moscow and Ankara inked an agreement on using Russian rubles and Turkish lira in mutual payments and settlements, the Russian Finance Ministry announced on Tuesday. The deal is aimed at...
October 8, 2019
Moscow and Riyadh are not interested in high oil prices, the Kremlin's spokesman told the press ahead of Russian President Vladimir Putin's visit to the kingdom in October. “Together with...
October 8, 2019
While some of us dream of owning our own jet, the people who can actually afford it sometimes choose not to. Vice president of NetJets Europe, Vadim Horiszny, told RT...
October 8, 2019
Fitch has cut its rating for Saudi Arabia's oil giant Aramco after the September attacks on two of its key refineries. The downgrade comes a week after the firm slashed...
October 8, 2019
Beijing is seeking greater energy cooperation with Moscow in Russia's Arctic region, according to Ou Xiaoming, chief representative of China's State Grid (the national power company). “China and Russia are...
October 7, 2019
Africa's largest airliner, Ethiopian Airlines, is mulling a purchase of a fleet of Airbus planes. It would be the company's first order since the crash of its Boeing 737 MAX...
October 7, 2019
A new report by the China State Administration of Foreign Exchange shows that the country's tourists spent $127.5 billion overseas in the first half of 2019. China has held the...
October 7, 2019
US imports from its largest supplier China have slumped by 12.5 percent due to the ongoing trade war. Meanwhile, Mexico and Vietnam have been filling this gap with massive import...
October 7, 2019
Russian Deputy Prime Minister Aleksey Gordeyev has suggested creating an organization of grain exporters similar to the Organization of Petroleum Exporting Countries (OPEC). The offer to create an OPEC-type organization...
October 7, 2019
Leaked ministerial documents warn the UK will be pressured to relax food and environmental standards to strike a trade deal with the US after Brexit, which could “irreparably damage” the...
October 7, 2019
The People's Bank of China raised bullion reserves to 62.64 million ounces (1,957 tons) last month from 62.45 million (1,951 tons) in August, bringing this year's gold haul to over...
October 6, 2019
London-based economists at the investment banking company Credit Suisse have named Germany a “major underperformer” of the European block of countries, citing a significant decrease in the nation's GDP and...
October 6, 2019
The United Kingdom has reportedly used a third country to bypass US sanctions in settling a $1.6-billion damages claim with Iran's Bank Mellat. Iran's largest private bank, in which the...
October 6, 2019
Russia and Venezuela have agreed to develop an official long-term cooperation agenda. The document will determine trade, economic, scientific, technical and cultural relations between the countries. “We'll try to draw...
October 6, 2019
Popular US skating shoe brand, Vans, has faced a massive backlash after removing a top-ranking design in support of the protests in Hong Kong from its annual competition in a...
October 5, 2019
US-based PayPal Holdings Inc. has said it's ditching Facebook's project to create the Libra cryptocurrency. However, the Libra Association says it is better to know who's not fully committed to...
October 5, 2019
The Philippines have signed 10 trade and investment agreements with Russia amounting to some $12.6 million. From seafood to car exports, these include a deal to explore nuclear power plant...
October 5, 2019
India expects global IT giants like Apple, Foxconn and Flextronics to boost production on its soil due to new favorable taxation laws, aimed at drawing in manufacturers. “We are already...
October 4, 2019
Moscow is planning to cooperate on nuclear energy with Havana, and wants to help develop Cuba's oil and gas resources, a government official said as PM Dmitry Medvedev visited the...
October 4, 2019
A recent report from Wells Fargo showed that banking will be the next industry hit by technology, with a significant number of jobs forecast to be lost over the next...
