Business

June 29, 2019
Trump says US companies can trade with Huawei but it remains blacklisted for now

US President Donald Trump has said he will allow China's Huawei to buy equipment from American suppliers. The company, however, is still on the so-called Entity List and it's unclear...

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June 29, 2019
India orders Visa & Mastercard to store payments data in country only from now on

Payment companies like Visa and Mastercard can process transactions made in India outside of the country, but the related data must be returned for local storage within 24 hours, the...

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June 29, 2019
Russian energy giant Novatek sells 10% stake in Arctic LNG 2 to Japanese firms

Japanese consortium Mitsui & Co (Mitsui) and Japan Oil, Gas and Metals National Corporation (JOGMEC) have signed a deal with one of Russia's largest natural gas producers to take a...

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June 29, 2019
Russia ‘will NOT ask’ US to lift sanctions

Moscow is not going to ask Washington to remove sanctions on Russia, but if the US finally decides to do it, Russia will respond in kind, Russian President Vladimir Putin...

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June 29, 2019
Trade war de-escalation? Washington promises not to hit Beijing with new tariffs

The US has agreed to not impose new tariffs on Chinese exports following talks between the two countries' leaders, Donald Trump and Xi Jinping, on the sidelines of the G20...

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June 29, 2019
‘Time will tell’: Trump not sure he is ready for China trade deal, despite ‘good relations’ with Xi

The trade dispute, including the US ban on tech giant Huawei, will dominate bilateral talks between Donald Trump and his Chinese counterpart Xi Jinping, but the US leader is not...

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June 28, 2019
China rejects US ‘sanctions’ on Iran oil, vows to protects its energy security

China will not jeopardize its energy security and will continue to import Iranian oil, a top diplomat said, rejecting the unilateral US crusade against the Islamic Republic at the expense...

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June 28, 2019
‘Point of no return’: Nord Stream 2 takes alternative route amid Danish stalling

The pipeline that would double the flow of natural gas from Russia to Germany will bypass Danish territory after authorities in Copenhagen dithered for 2 years without responding to permit...

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June 28, 2019
Iran says alternative sanctions-busting payment system with EU is operational

The European financial settlement mechanism (INSTEX), aimed at circumventing US sanctions against Iran, is working and transactions are already happening, according to Iran's JCPOA envoy. Read Full Article at RT.com

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June 28, 2019
Google will lose up to 800 million users if Huawei ditches Android – Huawei CEO

If one of the world's leading smartphone makers, Huawei, turns away from Google's Android operating system (OS), the US tech giant risks losing a huge number of users, Huawei's CEO...

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June 28, 2019
Bitcoin bull run hits the brakes but it’s still the ‘gold standard’ of cryptos – expert to Boom Bust

The digital asset bitcoin's rise was meteoric this week, with its price hitting nearly $14,000 on Wednesday, the highest level since January 2018. It suddenly dropped more than 18 percent...

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June 28, 2019
Trump says ‘very big trade deal’ with India may be coming

US President Donald Trump has hinted that Washington and New Delhi may settle their trade dispute. It comes as the two countries have already hit each other with tit-for-tat tariffs...

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June 28, 2019
Putin calls on BRICS nations to increase use of national currencies in trade

Russian President Vladimir Putin has called on Brazil, Russia, India, China and South Africa (BRICS) to develop settlements in national currencies instead of the commonly used currencies like the US...

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June 28, 2019
Russia & China agree to ditch US dollar in favor of trade in ruble and yuan

Moscow and Beijing have inked an intergovernmental agreement to switch to national currencies in bilateral trade and boost cross-currency settlements up to 50 percent as they ramp up efforts to...

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June 28, 2019
What the frack! US shale industry sees ‘another round of bankruptcies’ looming

The recent downturn in oil prices forced a slowdown in the US shale industry, and top executives appear to be gloomier than ever. Read Full Article at RT.com

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June 28, 2019
Transnational corps need regulation, attempts to destroy WTO unacceptable – Putin to BRICS leaders

Russian President Vladimir Putin has spoken of the global economic situation and how the BRICS major emerging economies can join their forces to ensure it transforms into a more stable...

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June 27, 2019
End of an era? Stocks slide as iPhone designer Jony Ive leaves Apple after 30yrs

Jony Ive, the mind behind Apple's most iconic product designs, is leaving the company to launch his own design firm, triggering a sell-off among investors who see the iPhone mastermind...

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June 27, 2019
US Fed cuts rates like an alcoholic who always drinks no matter what – RT’s Keiser Report

Central banks are not supposed to manipulate the market and then base the policy on a manipulated outcome, says the host of RT's Keiser Report, Max Keiser. Read Full Article...

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June 27, 2019
China imports first Iranian oil since US ended sanction waivers

Iran has delivered the first crude oil to a Chinese refinery complex since the United States removed as of May all sanction waivers for Iranian oil customers, including its biggest...

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June 27, 2019
Kazakhstan to forgive debts of the poor, end bank bailouts

In a first major policy announcement, the newly elected president of Kazakhstan Kassym-Jomart Tokayev said he will write off bad loans held by as much as a sixth of the...

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June 27, 2019
China & US agree to temporarily cease trade hostilities before G20 summit, sources say

The world's two largest economies, the US and China, have agreed to a tentative truce in their trade war in order to resume talks aimed at resolving the conflict, sources...

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June 27, 2019
US debt to hit 144% of GDP in 30yrs & keep growing with no end in sight – CBO

US federal debt is projected to soar in the next 30 years, reaching 144 percent of GDP by 2049, according to a report from the Congressional Budget Office (CBO) released...

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June 26, 2019
US warns Israel of ‘Chinese threat’ as Huawei enters solar power market

The US has advised Israel to think twice before letting Huawei help develop the country's solar power infrastructure, right after the Chinese firm was forced to close its energy operations...

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June 26, 2019
Bubble blaster: Bitcoin skyrockets toward $13,000 as frenzy grips crypto market

The price of the world's most popular cryptocurrency hit a 17-month high on Wednesday, with bitcoin surging above $12,900. The digital currency is already up 40 percent this month. Read...

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June 26, 2019
Bitcoin v gold: Peter Schiff tells Boom Bust which is the real safe haven at time of turmoil

The precious metal gold has seen a major spike this week, with prices riding six-year highs above $1,400 per ounce due to the US-China standoff and instability in the Persian...

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June 26, 2019
Breaking the ice: First LNG cargo from Russia’s Arctic arrives in Japan

Russian energy giant Novatek has announced the first delivery of its liquefied natural gas (LNG) from the Yamal project in the Arctic to Japan. It was unloaded at the Tobata...

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June 26, 2019
India rolls out red carpet for companies leaving China due to trade war with US

India is considering offering financial incentives to lure companies that could move from China due to the ongoing trade conflict with the United States. Read Full Article at RT.com

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June 26, 2019
The golden asteroid that could make everyone on Earth a billionaire

Whether it was the Big Bang, Midas or God himself, we don't really need to unlock the mystery of the origins of gold when we've already identified an asteroid worth...

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June 26, 2019
China blocks all Canadian meat imports as trade war with US heats up

China has suspended all imports of meat from Canada, saying it found traces of illegal feed and demanding action. The move comes amid a trade war with the US and...

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June 25, 2019
Huawei dominates global race to 5G despite pressure from Washington

Chinese telecom giant Huawei has secured 50 5G contracts outside the domestic market, according to the company's senior executive Ding Yun. Read Full Article at RT.com

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June 25, 2019
Is George Osborne a ‘menace’ for the UK? RT’s Keiser Report digs into ex-chancellor’s Ponzi scheme

A new report by the UK's National Audit Office has found that the government's ‘Help to Buy' equity loan scheme, launched to help first time home buyers, has handed billions...

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June 25, 2019
$300 oil? US war with Iran spells catastrophe for global economy, expert tells RT

An armed conflict between the US and Iran would send oil prices soaring and global stocks crashing, which will certainly not play into the hands of Washington, according to political...

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June 25, 2019
Huawei ready to ink ‘no-back-door’ agreement with Indian govt to abate spying fears

Chinese telecom giant Huawei, which has been accused by the US over alleged breaches of sensitive user information, has said it is ready to sign a ‘no-back-door' pact with the...

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June 25, 2019
US shale an ‘unmitigated disaster’ with industry hundreds of billions in debt – shale pioneer

Fracking has been an “unmitigated disaster” for shale companies themselves, according to a prominent former shale executive. Read Full Article at RT.com

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June 24, 2019
Venezuela’s oil production set for another drop

Venezuela's oil production fell to a new low last month, as economic crisis and sanctions continue to strangle the industry. Read Full Article at RT.com

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June 24, 2019
Russia extends counter-sanctions against US, EU & allies through 2020

President Vladimir Putin has signed a law prolonging the embargo against Western countries that have imposed anti-Russia sanctions. Restrictions will be in force until the end of next year. Read...

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June 24, 2019
Bitcoin’s back! BTC blows past $11,000, up almost 300% this year

Bitcoin soared above the $11,000 mark on Monday, reaching a more than 15-month high. The world's most popular cryptocurrency hit $11,234 during early trading, nearly tripling in value since January....

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June 24, 2019
Beijing could blacklist FedEx as ‘unreliable entity’ after another Huawei delivery screw-up

American courier FedEx has apologized for failing to deliver a package to the US which contained a Huawei smartphone. The incident, which is not the first of its kind to...

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June 24, 2019
Down the yellow brick road: China buying gold & dumping dollar assets as trade war with US escalates

Gold prices rallied to six-year highs last week and continued posting gains on Monday at $1,403 per ounce. China boosting its gold stockpile, to shift away from the US dollar,...

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June 23, 2019
Extra tariffs on Chinese imports will cost Americans $18 billion-a-year, retail group warns

The world's largest retail trade association has urged the Trump administration not to impose additional tariffs on China as it would make Americans pay another $18 billion-a-year for various products,...

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