Business

June 7, 2019
Russia to double global food exports, ready to replace US agricultural products in China

Russian agricultural exports will continue to grow and are expected to reach $45 billion within the next five years, according to Agriculture Minister Dmitry Patrushev. Read Full Article at RT.com

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June 7, 2019
Russia to launch Nord Stream 2 despite Danish hurdles & US threats to derail project

Russian Energy Minister Alexander Novak said Denmark would eventually provide the necessary permits for completing the gas pipeline from Russia to Europe despite aggressive US attempts to block the project....

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June 7, 2019
Russia & China have a ‘strategic alliance that makes sense’ – Russian sovereign wealth fund chief

Improving relations and boosting investment have been the top priorities for Russia and China for years, Kirill Dmitriev, the head of the Russian Direct Investment Fund told RT at the...

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June 7, 2019
Russian economy strong & resilient thanks to Western sanctions – former French presidential envoy

The real economy of Russia is very strong and its business with Europe is “going good” despite all the sanctions, said Jean-Pierre Thomas, president of Thomas Vendôme Investment and France's...

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June 6, 2019
Trump’s sanctions failed to stop surge of Russia-US trade turnover – Putin

Trade between Russia and the US soared despite Washington's economic sanctions against Moscow, Russian President Vladimir said on the sidelines of the St. Petersburg Economic Forum. Read Full Article at...

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June 6, 2019
Trade war battlefield: US desperately searches for rare earth metals as China hints at export ban

The US Department of Defense is exploring opportunities to purchase rare earth metals, vital for the country's weapons industry, from African countries after ominous reports that China may cut the...

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June 6, 2019
America’s ‘Golden Age’ can turn into energy colonialism for rest of the world – Rosneft boss

Energy consumers are already hostage to US political games as Washington uses energy as a weapon, Rosneft CEO Igor Sechin said, rejecting US claims that Russia uses its natural resources...

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June 6, 2019
Russia to set up oil deposits cluster to tap huge Arctic energy reserves

Russia's oil major Rosneft said it will start developing a cluster of oil fields in the Arctic region, which is believed to hold some of the world's largest remaining untapped...

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June 6, 2019
Turning its back on greenback: Russia slashes share of US dollar in international reserves

The Central Bank of Russia continues to work on diversifying its foreign exchange reserves, and is gradually moving away from the US dollar, the head of the regulator Elvira Nabiullina...

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June 6, 2019
Russia may soon become transit country for goods between Europe & Asia

The strengthening cooperation between the member states of the Shanghai Cooperation Organization (SCO) allows Russia to proceed with transit opportunities between Asia and Europe. Read Full Article at RT.com

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June 6, 2019
Trump threatens to expand tariffs on China by another $300 billion

US President Donald Trump has warned Beijing that he may hit Chinese goods with another $300 billion in tariffs if necessary, but added that he still hopes for a deal....

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June 5, 2019
Dollar dump? Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting

Russia and China took another step away from the US dollar after the two countries agreed to develop bilateral trade using the ruble and the yuan. Read Full Article at...

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June 5, 2019
Major Chinese automaker Great Wall launches full-scale assembly plant in Russia

One of China's top car manufacturers, Great Wall Motors (GWM), has opened a new plant for the full assembly of its Haval brand vehicles in Russia's western region of Tula....

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June 5, 2019
Russian economic growth hit 6-year high in 2018 despite sanctions – World Bank

Tightening Western economic sanctions and market pressure did not stop the Russian economy from reaching record growth last year, according to the World Bank report on global economic prospects. Read...

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June 5, 2019
Are cryptocurrencies world’s new safe havens amid US-China trade war? Boom Bust has the answer…

The trade war between two economic giants, China and the United States, has benefited the cryptomarket as investors are increasingly seeking shelter for their cash. Read Full Article at RT.com

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June 5, 2019
Oil prices drop as demand concerns rise over US-China trade war risks

Crude prices continued falling on Wednesday, dragged down by fears of slowing global growth from the US-Sino trade war. US President Donald Trump's threats to place tariffs on Mexican imports...

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June 5, 2019
Russia & China to ink dozens of deals during St. Petersburg Economic Forum

Moscow and Beijing are set to further strengthen bilateral ties during Chinese President Xi Jinping's three-day visit to Russia. Xi will meet Russian President Vladimir Putin and participate in the...

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June 5, 2019
Deutsche Bank confiscates 20 tons of Venezuelan gold after default on swap agreement

Germany's biggest lender, Deutsche Bank, has taken control of 20 tons of gold belonging to Venezuela as collateral after Caracas defaulted on a gold swap agreement valued at US$750 million....

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June 4, 2019
Sanctions show US has a ‘burning interest’ in Venezuela’s energy resources – Rosneft CEO

Venezuela's natural resources lure many companies that would like to tap them, especially American ones, and sanctions against the South American country only confirm this, according to the head of...

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June 4, 2019
Trump urges May to ‘stick around’ to finalize ‘very substantial’ US-UK trade deal

US President Donald Trump, who is in Britain on a state visit, said he believes the United Kingdom could secure a very substantial and fair trade deal with the United...

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June 4, 2019
Coca-Cola, Boeing among US companies to attend Russia’s St. Petersburg Economic Forum

Major US companies will take part in the annual business forum in St Petersburg despite a boycott by the official US delegation, the head of the American Chamber of Commerce...

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June 4, 2019
Keeping out the trash? RT’s Keiser Report checks one of the biggest wars & it’s not about garbage

While trash wars around the world are escalating, with the Philippines-Canada spat as the latest example, something no less intense is happening in the United States. Read Full Article at...

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June 4, 2019
India may retaliate against US after Trump yanks country’s preferential trade status

Indian authorities are mulling reciprocal measures to counter Washington's unfriendly move to deprive the country of preferential trade status with the US, according to the chairman of India's trade body....

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June 4, 2019
Chinese businesses consider moving production to Russia as trade war with US escalates

Small and medium-sized enterprises in China, under pressure from Washington's trade war, are studying the possibility of moving production to Russia. Read Full Article at RT.com

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June 3, 2019
Apple shares down after report reveals planned DOJ antitrust probe

Apple shares took a hit after it was reported that the US Justice Department planned to investigate the company for “anti-competitive behavior,” part of a broader antitrust probe looking at...

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June 3, 2019
India’s manufacturing sector revving up as firms kick it into gear amid accelerating demand

May saw the strongest improvement in the health of India's industrial sector in three consecutive months. The growth was driven by a significant upturn in demand for consumer goods. Read...

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June 3, 2019
Kremlin wants to see detained US investor Calvey at Russia’s St. Petersburg Economic Forum

Thousands of participants will attend the St. Petersburg Economic Forum this week, including US businessmen, says Kremlin spokesman Dmitry Peskov. The Russian market is still very attractive despite all the...

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June 3, 2019
Сhinese tech titan Huawei buys Russian face recognition technology

Chinese telecom giant Huawei has purchased the intellectual property rights to facial recognition systems designed by a Russian developer and manufacturer of high-tech security technology. Read Full Article at RT.com

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June 3, 2019
Global recession within less than a year if Trump escalates trade war – Morgan Stanley

The worsening trade conflict between the world's two largest economies, the United States and China, could send the global economy into recession within three fiscal quarters, research by investment bank...

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June 3, 2019
‘Cutting off oil supplies to China is equal to a declaration of war’ – analyst

As the US-China trade war continues to escalate, Beijing and its energy giants appear to be bracing for a worst-case scenario where the spat would drag on for years and...

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June 3, 2019
‘Shipping freedom & opportunity abroad!’ Trump amplifies bizarre LNG sales pitch

Donald Trump has boasted about US shipments of “freedom and opportunity” abroad – now in liquid form – as Washington continues to persuade its allies half across the globe to...

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June 2, 2019
Patriotic tourism: Chinese holiday makers snub US destinations as trade war simmers

The number of US-bound Chinese tourists, coveted for their huge spending power, has fallen for the first time in 15 years, dropping nearly 10 percent last year, compared to 2017....

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June 2, 2019
Unique, massive emerald crystal discovered in Russian Urals (PHOTOS)

An emerald weighing some 1.6 kg, the largest to be found in nearly 30 years, has been unearthed at Europe's largest emerald-beryllium ore field, located in Russia. The huge gemstone...

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June 2, 2019
India refuses to compromise on ‘national interests’ for US trade benefits

India will not sacrifice its economic development for petty trade concessions, Ministry of Commerce stressed, after the US accused New Delhi of restricting access to its markets and annulled its...

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June 1, 2019
Why Trump won’t use his ultimate oil weapon

There is neither need nor desire on the part of the White House to use oil from the Strategic Petroleum Reserve (SPR) to keep a lid on prices, and from...

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June 1, 2019
Russia to launch first train to Arctic region for foreign tourists

The first charter train to Russia's Arctic region will set off with more than 90 tourists from St. Petersburg on June 5, said the press-service of the Far East Investment...

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June 1, 2019
Trump slashes India’s trade benefits, demands ‘reasonable access’ to markets

Slamming India for its refusal to provide American companies with unlimited access to its markets, President Trump has announced that New Delhi is set to lose its preferential trade status...

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June 1, 2019
China’s retaliatory tariffs on $60bn of US products kick in

China's tariffs targeting $60 billion of American imports have taken effect as part of a tit-for-tat response to Washington's trade war which saw Beijing slapped with extra levies on $200...

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May 31, 2019
Trade war could trigger ‘global financial crisis,’ says ex-China central bank chief

Further escalation of the trade dispute between the world's two largest economies, China and the US, could greatly hurt the global economy, according to former governor of the People's Bank...

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May 31, 2019
Tit-for-tat: Beijing to draft ‘blacklist’ of foreign companies harming interests of Chinese firm

The Commerce Ministry of China has pledged to create a list of foreign individuals, corporations and institutions that are considered “unreliable” or that violate the interests of Chinese businesses, state...

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