Business

Russia's Ministry of Natural Resources and Environment has estimated the market value of the country's oil reserves at 74.5 trillion rubles ($1.2 trillion), which is nearly double the amount of...

US President Donald Trump and Australian Prime Minister Scott Morrison are expected to reveal a plan on Friday aimed at securing the supply of rare earth minerals. The plan will...

The US is temporarily exempting some 400 types of Chinese products from tariffs imposed by President Donald Trump's administration. The list includes coffee filters, patio torches and skateboards. The products...

Flooding from a tropical storm hit the Houston area on Thursday, with some calling the situation worse than Hurricane Harvey. Heavy rainfall inundated the Texas coast, flooding Houston and Beaumont,...

Chinese tech titan Huawei has launched a new flagship smartphone, but without popular Google apps such as Chrome or YouTube, a result of sanctions levied on the firm as part...

With fiat currencies losing reliability worldwide, digital coins are changing the public mindset, giving their owners the means to store wealth safely and use the “free money” to exercise other...

India's foreign secretary says his country meets the criteria for a developing country, calling on Washington to backtrack on its decision to withdraw trade concessions. “Generalized System of Preferences [GSP]...

Europe is ready to impose retaliatory tariffs next year on US goods, French Finance Minister Bruno Le Maire said. They will be part of a long-running dispute over subsidies to...

The second largest country in the world by total area, Canada, is one of the most highly urbanized globally. However, none of its citizens have the right to own physical...

Airbus has announced plans to enhance its long-term collaboration with China's aviation industry, ramping up single-aisle production at its Tianjin final assembly line and forming new ties with Chinese suppliers....

The Indian economy could benefit by $11 billion as some international manufacturers move production to the country due to trade tensions between Washington and Beijing. That's according to a report...

The US Federal Reserve has cut interest rates for the second time since 2008, to a range of 1.75 to 2 percent. The move was met with disdain from US...

With the US Federal Reserve expected to cut interest rates for the second time on Wednesday, Euro Pacific Capital CEO Peter Schiff has discussed with RT's Boom Bust what the...

The world's third-largest oil consumer, India, is seeking to increase oil imports from Russia following drone attacks on Saudi Arabia's oil facilities.The kingdom is the second biggest supplier of crude...

The combined economies of the BRICS member states – Brazil, Russia, India, China and South Africa – are set to expand by about 20 percent in roughly a decade, Russian...

The Chinese tech company Huawei said on Wednesday that it will offer more than $1 billion in investment over the next five years to attract global developers. The offer is...

Moscow has continued to sell off US Treasury securities, cutting its stockpile by $2.35 billion in July, according to the latest US Department of the Treasury data released on Tuesday....

The attacks on Saudi oil facilities that led to the largest ever disruption in oil markets might not last for several months, and therefore, additional supply from the Strategic Petroleum...

Russia and Iran will transfer payments using an alternative system to the internationally recognized SWIFT money transfer network, the governor of the Iranian central bank, Abdolnaser Hemmati, announced. Instead of...

As cryptocurrencies continue to expand on the global payment space, governments across the world are seeking to assess and mitigate the perceived risks in using them. RT's Boom Bust talks...

Former IMF chief Christine Lagarde is set to become the first female president of the European Central Bank. The European Parliament chose her with no other contender for the job....

The billions of dollars Saudi Arabia spends on defense failed to prevent the strikes on its most critical refineries, sending oil prices soaring. This raises unsettling questions about who has...

The drone strike on key Saudi oil facilities could stoke already-flaring tensions in the Middle East, driving crude prices higher amid growing fears of supply shortages, market and industry experts...

Precious metals traders at JP Morgan made millions through fraudulent trades, operating a sprawling criminal conspiracy to manipulate prices, according to the US Justice Department, which appears to be signaling...

Riyadh has reportedly shut down a pipeline to Bahrain after drones targeted two key Saudi Aramco oil plants on Saturday. The closure comes amid supply shortage fears as the kingdom...

The latest Russian airliner, the Irkut MC-21-300, has made its first international flight to Turkey, the jet's producer has announced. The aircraft took off from Zhukovsky International Airport near Moscow...

In the wake of the Saudi refinery drone attacks, US President Donald Trump on Monday congratulated himself in a tweet for making the United States the biggest energy producer in...

The New Development Bank (NDB) has approved four new infrastructure and development projects with loans totaling $1.4 billion. New investments bring the BRICS bank's portfolio to 42 projects worth $11.6...

A panel of judges in Luxembourg on Tuesday will begin hearing arguments concerning the US tech giant Apple and the world's biggest tax case. The EU General Court (EGC) will...

The price of gold surged more than one percent on Monday as investors turned to safe-haven assets, following attacks at the weekend on Saudi Arabia's oil and gas facilities. The...

Crude prices soared as trading opened on Monday after this weekend's drone attack on key Saudi Arabian oil facilities slashed the kingdom's output by half, or more than five percent...

The Saudi Stock Exchange (Tadawul) started Sunday's trading down as its key index dropped more than two percent, dragged down by the recent attacks on the kingdom's key oil facilities....

The drone strike on major Saudi Arabian oil sites, including the world's largest oil processing facility, could add a significant risk premium to the price of crude oil, as the...

Many places worldwide offer newcomers insanely cheap real estate or even cash in an effort to tackle problems like urbanization, bad demographic situations, or lack of workforce. However, they all...

Tehran has signed a $440 million contract with a local company to develop the Belal gas field Iran shares with Qatar. The country's oil minister has celebrated the deal as...

Modern-day protest movements, from Occupy Wall Street to France's Yellow Vests, are interconnected globally and based on the people's ire over trickle-down economics, independent journalist Paul Moreira tells RT. “From...

OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia's newly appointed Energy Minister Abdulaziz...

OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia's newly appointed Energy Minister Abdulaziz...

The London Stock Exchange (LSE) Group has rejected a takeover bid from Hong Kong Exchanges and Clearing (HKEX) in a hard-hitting letter to the Asian exchange's board. HKEX on Wednesday...

India is set to conduct its own checks on Boeing's 737 MAX jets even if the US aviation regulator clears the grounded planes, reports citing officials say. The Federal Aviation...