The next prime minister of the UK has turned out to be supportive of Beijing's massive Belt and Road Initiative (BRI). Boris Johnson says Britain is open to Chinese investment....
July 24, 2019
The Federal Trade Commission announced on Wednesday that Facebook agreed to pay a record-breaking $5 billion fine over privacy violations. The penalty follows an investigation into the Cambridge Analytica data-sharing...
July 24, 2019
Investors have flocked to gold in recent months, making it the best-performing commodity this year. The precious metal is expected to make much bigger gains thanks to unwise US policies,...
July 24, 2019
The European Union will retaliate with extra duties on €35 billion ($39.1 billion) worth of US goods if Washington imposes punitive tariffs on European-made cars, the bloc's trade chief has...
July 24, 2019
The US dollar will struggle to remain the top international currency in the coming decades as the rising power of Asian economies is set to undermine its leading position, Wall...
July 24, 2019
Investors looking at haven assets to protect against a risk-off shock should find the Japanese currency the yen a cheaper option than gold, Goldman Sachs has said. Read Full Article...
July 23, 2019
The US Department of Justice is investigating whether Silicon Valley tech giants unlawfully stifled competition in their rise to power, adding to the legal headaches of companies like Google, already...
July 23, 2019
China has overtaken its trade war rival, the US, for the first time in a new list of the world's largest companies by revenue. Since the Global 500 debut in...
July 23, 2019
The use of ultra-low interest rates and bond-buying programs by the world's major central banks including the ECB, BOJ and the Federal Reserve has pushed the total amount of debt...
July 23, 2019
Iran has moved to legalize the mining of bitcoin and other cryptocurrencies, recognizing the energy-consuming digital coin mining as a legitimate industry – and potentially a way around the US...
July 23, 2019
Russian gas producer Novatek closed on Monday the sale of stakes in its Arctic LNG 2 project, just days after Russia's government approved the construction of a liquefied natural gas...
July 23, 2019
International rating agencies Fitch and Moody's have downgraded their outlooks for Boeing from “stable” to “negative,” citing uncertainty and delays in the plane maker's 737 MAX jets' return to service....
July 23, 2019
Huawei has laid off around 70 percent of staff at its Futurewei Technologies research arm in the US. Despite recent signals that Washington was easing pressure on the Chinese tech...
July 23, 2019
A total ban on private cryptocurrencies has been approved by a government panel in India which also recommended a 10-year prison sentence for anyone dealing with unregulated digital assets. Read...
July 23, 2019
The US has imposed sanctions against a Chinese company that is the biggest buyer of Iranian oil in the world, amid an escalating trade war between Washington and Beijing and...
July 22, 2019
Selfie-editing service FaceApp, which, among other features, makes users look older, has earned $1 million in 10 days, Forbes reports. The revenues came despite warnings from US politicians against using...
July 22, 2019
China's Ministry of Commerce (MOC) on Monday announced anti-dumping measures on imported stainless steel products from the European Union and three Asian nations. Read Full Article at RT.com
July 22, 2019
In a decade China built from scratch the largest high-speed rail network in the world and wants to further expand and develop it. An RT Documentary crew travelled to China...
July 22, 2019
As the trade war between the world's largest economies drags on, foreign direct investment (FDI) between China and the United States dropped nearly 60 percent year-over-year in 2018. Read Full...
July 22, 2019
The epic finale to Marvel's Infinity Saga, ‘Avengers: Endgame,' has officially become king of the global box office set, topping James Cameron's ‘Avatar,' which held the title for almost a...
July 21, 2019
Oil prices plunged again on Thursday, dragged down by fears of slowing demand. Read Full Article at RT.com
July 20, 2019
The Arkhangelsk Region in Russia's northwest has been rich with discoveries of gems in recent months, and the biggest diamond in Europe and a rare yellow diamond have been found...
July 19, 2019
Western economic sanctions against Russia are the “wrong medicine,” since they haven't had the desired effect, said Klaus Ernst, the chairman of the Bundestag's Economic Committee. Read Full Article at...
July 19, 2019
The world's biggest plane-maker Boeing said company revenue will take a $4.9 billion hit in the second quarter due to the worldwide grounding of its 737 MAX jets after two...
July 19, 2019
Hearings on aviation safety in the aftermath of two deadly Boeing 737 MAX crashes were held this week by the US House of Representatives panel. They included testimonies from families...
July 19, 2019
An increasing number of Iranians have started turning to cryptocurrencies, in particular bitcoin, with the devaluation of the national currency prompted by US economic sanctions. Read Full Article at RT.com
July 18, 2019
Chinese telecom giant Huawei has secured more than 50 commercial contracts for 5G across the world, according to the company's board member and Senior Vice President Catherine Chen, who was...
July 18, 2019
China's Commerce Ministry said on Thursday that Beijing and Moscow are discussing ways to increase bilateral trade, particularly by increasing imports of Russian soybeans and other agricultural products. Read Full...
July 18, 2019
The global hunt on large technology firms continues, with now another country, Spain, seeking to force the companies to pay more in the markets where they operate. Read Full Article...
July 18, 2019
A report from the Institute of International Finance (IIF) has shown rising debt levels worldwide. The world's second-largest economy China's debt exceeded 303 percent of gross domestic product in the...
July 18, 2019
The leader of the world's container port rankings, Yangshan Port, works around the clock to secure its top position and boost China's trade connections. RTD's new film offers a glimpse...
July 17, 2019
The United States has been clearly showing its readiness to threaten some of its allies in order to stop Chinese telecom Huawei from getting a foothold in their 5G networks....
July 17, 2019
Venezuela is considering using the Russian alternative to the traditional SWIFT international payment system, as the country braces for new US sanctions that could further weaken its financial sector, according...
July 17, 2019
The world's largest online retailer Amazon is facing a “full-blown” investigation from the European Union's antitrust regulators to see if its use of other merchants' data breaches competition rules. Read...
July 17, 2019
Oil prices sank on Tuesday after President Trump and US Secretary of State Mike Pompeo struck a softer tone on Iran. The market acted swiftly, selling off crude oil. Read...
July 17, 2019
An appeals court judge at the World Trade Organization (WTO) says the United States did not fully comply with its ruling and could face Chinese sanctions if it does not...
July 17, 2019
Once a top investor in US Treasuries, Russia continued in May with a reduction of its holdings to almost $12 billion, the lowest figure in 12 years, according to recent...
July 16, 2019
US federal authorities have released a cargo ship owned by JP Morgan, weeks after it was seized at the Port of Philadelphia in an unprecedented drugs bust that netted 20...
July 16, 2019
The trade spat between the world's two biggest economies is taking its toll on tech companies in China and Huawei is the prime example. RT's Boom Bust discusses the telecom...
July 16, 2019
China's trade with countries participating in its ambitious Belt and Road Initiative (BRI) has been expanding and reached 4.24 trillion yuan ($617.5 billion) in the first half of this year....
