Business

May 17, 2019
Absence is coming: Game of Thrones finale could kill workplace productivity on Monday

The final Game of Thrones episode premiering on May 19 is likely to cause major workplace conflicts, a new survey from the Workforce Institute at Kronos, conducted by the Harris...

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May 17, 2019
Adiós gringo? Venezuela & Russia negotiating swap of US dollar for ruble in bilateral trade

Caracas is in talks with Moscow over the possibility of using the Russian ruble in mutual trade settlements and abandoning dollar transactions, according to Venezuela's representative to the UN office...

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May 17, 2019
Bayer bets on ‘silver bullet’ defense in Monsanto Roundup cancer litigation

German pharmaceutical firm Bayer plans to argue that a $2 billion jury award and thousands of US lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be dropped. Read...

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May 17, 2019
Italy’s antitrust watchdog to probe Google over abuse of market dominance

Italy has joined a growing list of nations to challenge US tech giant Google in connection with alleged abuse of the corporation's market power in the smart device sector. Read...

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May 17, 2019
Retaliation over S-400? Trump cancels Turkey’s preferential trade status

Donald Trump has terminated the preferential trade agreement which provided Turkey with partial tax-free access to US markets, in a move some see as Washington's retaliation for the NATO ally's...

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May 16, 2019
Burden of Trump’s trade war to fall on US businesses & consumers, expert tells RT’s Boom Bust

As the US and China continue to exchange blows in an ongoing trade battle, Professor Richard Wolff talks to RT's Boom Bust about the possible outcomes of the skirmish. Read...

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May 16, 2019
Get ready to pay more for airline tickets as new aviation fuel tax looms

The European Commission is considering aviation fuel tax that is supposed to reduce carbon emissions by 11 percent and have a “negligible” impact on jobs and the economy. But experts...

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May 16, 2019
Hungary to turn to Russian gas supplies if Exxon refuses to invest in Black Sea mega-project

Budapest will resume massive purchases of Russian natural gas if US oil giant Exxon Mobil doesn't invest in a vast Black Sea offshore project, according to Hungarian Foreign Minister Peter...

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May 16, 2019
Clean & honest broker lacking colonial baggage: Russia investing in Africa’s huge energy potential

Africa's economic potential is enormous: the continent contains significant mineral and energy deposits, a young and growing population, and an underdeveloped energy sector desperately in need of investment. Read Full...

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May 16, 2019
Countdown to zero: Russia continues dumping US debt

Foreign investors have accelerated the reduction of US debt securities, selling $21.7 billion of their holdings in March, according to data released on Wednesday by the US Treasury Department. Read...

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May 15, 2019
US adds Chinese telecom Huawei to trade blacklist

Huawei Technologies and 70 of its affiliates have been placed on a trade blacklist, the US Department of Commerce has confirmed, after President Donald Trump declared an emergency targeting telecoms...

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May 15, 2019
Vienna has no intention of ditching Nord Stream 2 despite US pressure – Austrian president

Austrian President Alexander Van der Bellen says Vienna has no plans to withdraw from the Russian-led Nord Stream 2 gas pipeline project as the country's energy giant, OMV, has made...

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May 15, 2019
Uber offers ‘Quiet Mode’ option for passengers to discourage chatty drivers

Premium units of US ride-hailing company Uber are now offering a new service that allows their high-end clientele to ask for minimal conversation during the journey. Read Full Article at...

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May 15, 2019
China’s nuclear option of dumping US bonds would cause absolute chaos in global markets – expert

The ongoing tit-for-tat tariff exchange between China and the US could push Beijing to strike back with the so-called ‘nuclear option' – dumping its vast holdings of US Treasury bonds....

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May 15, 2019
Russia could take hold of China’s entire gas market

As the trade war between Washington and Beijing intensifies, the United States is poised to lose out on a major gas market, and Russia could pick up the slack. Read...

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May 15, 2019
Russia boosting gold & dumping dollar from foreign currency reserves

The Central Bank of Russia reports that foreign exchange reserves saw a significant boost of nearly $3.3 billion in April as the country pursues a policy of increasing its forex...

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May 15, 2019
Russia & China to ink deal for construction of two nuclear reactors

A contract for the development of two new units at China's Xudabao nuclear power plant will soon be signed by Moscow and Beijing. It is part of the biggest nuclear...

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May 15, 2019
India postpones retaliatory tariffs against US until after elections

India has once again extended the deadline to impose counter-tariffs on US products by a month, hoping to resolve the trade dispute with Washington once general elections conclude and a...

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May 14, 2019
Washington threatens European firms with sanctions over Russian gas pipeline project

Sanctioning European investors that have already provided most of the agreed funds aimed at building the Russian-led gas pipeline to Europe is totally useless, according to the operator of the...

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May 14, 2019
Big Pharma or Big Lie? RT’s Boom Bust looks into price fixing schemes by US drug companies

Nearly every state in the US is part of a lawsuit against leading pharmaceutical companies which colluded to raise prices on generic medications by as much as 1,000 percent. Read...

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May 14, 2019
Monsanto blowback: Bayer stock crashes to 7yr low after $2bn Roundup cancer verdict

German pharmaceutical firm Bayer lost 6.8 percent on share value in trading Tuesday after a US jury awarded a couple from California $2.055 billion in punitive damages for failure to...

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May 14, 2019
Consumer goods in crosshairs as Trump considers additional China tariffs

Consumer electronics are among nearly 4,000 categories of Chinese imports that may be subject to new tariffs after US President Donald Trump and Chinese Premier Xi Jinping failed to reach...

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May 14, 2019
Gold prices on fire thanks to US-China trade war

Renewed trade war fears are breathing life into the gold market, according to Phil Streible, senior market analyst at RJO Futures, who also pointed to growing investor fears over the...

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May 14, 2019
India not rushing to buy extra Saudi oil to offset lost Iranian supply

Just one Indian refiner has agreed to buy additional crude oil supply from Saudi Arabia to compensate for the loss of Iranian barrels, as India's firms have been looking for...

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May 14, 2019
Russian LNG exports surge 20 percent, boosting revenues to $2 billion

Liquefied natural gas (LNG) shipments from Russia increased to 11.7 billion cubic meters in the first three months of this year – a 19.7 percent growth compared to the same...

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May 13, 2019
California jury awards couple $2 billion in Monsanto/Bayer Roundup cancer trial

A US jury has awarded $2 billion in punitive damages to a California couple after concluding that Roundup weed killer caused their cancer and that Monsanto, now owned by Bayer,...

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May 13, 2019
Bitcoin nears $8,000 benchmark as massive cryptocurrency price spike prompts some head-scratching

After an extensive slump since the end of last year, Bitcoin prices have now spiked to a nine-month high of almost $8,000, leaving analysts and enthusiasts questioning what might have...

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May 13, 2019
Meager US-Russia trade sees 25% surge with diplomatic relations at all time low

The volume of trade between Russia and the United States totaled six billion dollars in the first quarter of the current year, having soared by nearly 25 percent year-on-year, according...

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May 13, 2019
Global stock markets plunge after China responds in kind to US tariffs

Global equities fell on Monday after Beijing said it would impose new levies on goods from the US in response to tariffs imposed by the Trump administration on Chinese imports...

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May 13, 2019
US to face ‘deadly punch’ from ‘kung fu master’ China in response to trade war tricks – ex-official

Beijing has various means to strike back at Washington's tariffs on Chinese goods amid mounting trade tensions and is ready to fight a “prolonged war,” China's former vice minister of...

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May 13, 2019
China & South Africa to back India’s WTO proposal for protecting developing nations confronted by US

India's proposal to safeguard the right of special provisions for emerging economies that have been challenged by Washington will be supported by Chinese and South African authorities, according to the...

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May 13, 2019
Russia to retain crown of world’s top wheat exporter

Global grain production is set for a sharp increase in the next 12 months with Russia remaining the top exporter, according to a report from the United States Department of...

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May 13, 2019
Oil may hold the secret to ending the trade war

As the US ramps up pressure on China to end the trade war, crude oil might actually end up being the common ground the two countries need to find a...

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May 13, 2019
‘Both sides will suffer’: Trump’s chief economist admits US companies to pay for Chinese tariffs

In a remarkable break from his boss' rhetoric, President Donald Trump's chief economic adviser Larry Kudlow conceded that US businesses and consumers are the ones who have to pay up...

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May 12, 2019
Bayer announces probe on ‘Monsanto file’ gathered to sway influential people on herbicides

German pharmaceutical giant Bayer is hiring an outside law firm to review claims circulating in the French media that its seed firm, Monsanto, compiled illegal lists of influential journalists and...

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May 12, 2019
Asian economies to take over ‘7% Growth Club’ in 2020s, but China is not on the list

Asian countries are expected to be the main drivers of global growth through the next decade, with growth rates at around 7 percent. China, however, will be absent from the...

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May 12, 2019
US sanctions could force Pakistan to ditch ‘Peace pipeline’ project with Iran

Pakistan has notified Iran that mounting US economic pressure makes it “impossible” to proceed with the massive Iran-Pakistan gas pipeline (IP) project, also known as the ‘Peace pipeline'. Read Full...

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May 12, 2019
‘Corbygeddon’ may push super-rich out of UK

Billionaires and multimillionaires are preparing to leave the UK, taking their assets with them, should Jeremy Corbyn enter Downing Street. Read Full Article at RT.com

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