Business

May 11, 2019
Ukraine resumes oil transit to European consumers via Druzhba pipeline

Ukrainian energy company Ukrtransnafta has resumed crude transfers to the EU along the Druzhba pipeline, after the supplies were halted due to contamination. Read Full Article at RT.com

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May 11, 2019
What’s to blame for Uber’s disappointing IPO debut? Boom Bust has the answer

Ride-hailing giant Uber failed to take off like fellow tech peers when it started trading on the New York Stock Exchange. RT's Boom Bust digs into the reasons for the...

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May 11, 2019
Qualcomm awards CEO with $3.5 million bonus after multi-billion settlement with Apple

Qualcomm has granted generous bonuses to its top management, with its CEO enjoying the biggest reward with over $3.5 million at the current share price after a legal fight with...

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May 11, 2019
‘Minor twists’ will not fully derail trade war talks with US – Beijing

China is “cautiously optimistic” about the future of trade talks with the US, Chinese Vice Premier Liu He has said after the latest round of talks failed to put an...

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May 10, 2019
‘Bitcoin is fool’s gold’: Peter Schiff weighs in on calls to replace gold with cryptocurrencies

The value of digital currencies cannot be on par with gold, veteran stock broker and CEO of Euro Pacific Capital, Peter Schiff, told RT's Keiser Report as they discussed the...

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May 10, 2019
‘Easier & quicker’: Trump says tariffs are actually better than deal with China

Increased levies on Chinese goods would work faster and better than a traditional agreement so there is no need to speed up ongoing trade talks, US President Donald Trump said...

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May 10, 2019
The shale boom is about to go bust

The shale boom has transformed US oil and gas, but even with a plethora of technological advances it appears that its days are numbered. Read Full Article at RT.com

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May 10, 2019
Global trade may fall victim to Washington’s tariff hike on Chinese goods – Moody’s

Washington's decision to increase import duties on $200 billion worth of Chinese imports may shake global trading environment and further slow growth, according to a Moody's Investors Service assessment. Read...

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May 9, 2019
Technology could widen the gender employment gap – IMF

A new report from the International Monetary Fund (IMF) has found that women face a greater threat of losing their jobs to technology than their male counterparts. Read Full Article...

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May 9, 2019
Renewables growth is stalling, warns IEA

Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition. Read Full Article at RT.com

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May 9, 2019
Thorny dilemma: Will Trump manage to rein in oil prices & keep on pressuring Iran & Venezuela?

The US' aggressive rhetoric against such oil-producing majors as Venezuela and Iran may potentially send global oil prices skyrocketing. However, a surge in price for crude is seen by Washington...

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May 8, 2019
Canada set to approve Trans Mountain oil pipeline expansion

Canada is likely to announce in mid-June that it would be proceeding with the controversial expansion of the Trans Mountain oil pipeline designed to double the flow out of Alberta...

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May 8, 2019
Ukraine admits economy suffers dramatic losses thanks to anti-Russian policy

The massive decline in Russia-Ukraine trade has incurred major losses for the Ukrainian economy, according to Ukraine's Federation of Employers which claims the financial damage is 13 times as much...

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May 8, 2019
Can Mexico declare victory in its war with fuel thieves? RT’s Boom Bust has the answer

Mexico's President Andrés Manuel López Obrador's reforms to tackle the problem of fuel thefts at the state-owned petroleum company PEMEX seem to be starting to bring tangible results. Read Full...

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May 8, 2019
China ramps up crude oil imports despite Washington’s clampdown on Iran

Oil imports by China unexpectedly surged in April to a record despite refinery maintenance outages and tepid domestic fuel demand, according to data from the Chinese General Administration of Customs....

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May 7, 2019
Chasing world’s largest consumer market: US wants India to clear obstacles for American businesses

New Delhi is committed to eliminating the current trade restrictions preventing American companies from doing profitable business in India, US Commerce Secretary Wilbur Ross said at a trade forum in...

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May 7, 2019
Luxury carmaker Porsche fined over diesel cheating

German prosecutors have ordered Volkswagen (VW) subsidiary Porsche to pay a €535 million ($598 million) fine for its part in the “Dieselgate” scandal. Read Full Article at RT.com

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May 7, 2019
Ukraine sues Gazprom over ‘anticompetitive practices’ to retain earnings from transit of Russian gas

Ukrainian national oil and gas firm Naftogaz said it filed a complaint to the European Commission accusing Russian energy giant Gazprom of anticompetitive practices in relation to the Nord Stream...

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May 7, 2019
Is US concerned over China pouring money into the Middle East? RT’s Keiser Report has the answer

Massive cash flows from China are going into the Arab world, according to an article in the Economist. It states that Chinese diplomats “often have a command of Arabic that...

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May 7, 2019
Phasing out the dollar: Russia significantly increases ruble share in export settlements with BRICS

Russia's trade turnover with its partners from BRICS – Brazil, India, China, and South Africa – totaled $125 billion last year, according to data from international audit and consulting firm...

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May 7, 2019
IMF chief warns US-China trade spat poses ‘threat’ to world economy

Renewed trade tensions between the world's two biggest economies, China and the US, are a threat to the global economy, head of the International Monetary Fund (IMF) Christine Lagarde says....

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May 6, 2019
Russian airline cancels Superjet 100 orders over ‘servicing costs’ day after fatal crash-landing

Russian regional carrier Yamal Airlines will cancel a planned purchase of 10 Sukhoi Superjet 100 aircraft, a day after one of the commuter jets operated by Aeroflot fatally crash-landed at...

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May 6, 2019
Oil prices tumble over Washington’s sharp rhetoric against China & Iran

Global crude prices plunged by two percent, losing last week's gains after US President Donald Trump threatened to hike tariffs on Chinese imports, and a US carrier strike group moved...

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May 6, 2019
Alibaba crowned China’s most valuable brand

A 59 percent year-on-year value increase to $141 billion helped e-commerce giant Alibaba claim first spot in the BrandZ Top 100 Most Valuable Chinese Brands, according to a report released...

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May 6, 2019
Caracas hopes to skirt US sanctions via financial cooperation with Russia & China

Venezuela is seeking closer cooperation with Moscow and Beijing with a view to creating a new system of banking transactions to dodge US financial sanctions, according to the country's foreign...

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May 6, 2019
Global markets nosedive, Asia stocks flash red as Trump renews China tariff threats

Financial markets across the globe plummeted on Monday following a re-escalation in US-China trade tensions as US President Donald Trump threatened to slap China with new tariffs. Read Full Article...

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May 5, 2019
Warren Buffett would ‘never hesitate’ to fly on Boeing 737 MAX – even after fatal crashes

The third-richest man in the world, Warren Buffett, believes aircraft have never been safer and would still travel on the troubled Boeing 737 MAX, which was involved in two crashes...

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May 5, 2019
US sanctions boosted Chinese investment in Russia, Pentagon admits

The Russian economy has enjoyed increased Chinese investment as Western sanctions have pushed Beijing closer to Moscow, according to a report released by the US Department of Defense. Read Full...

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May 5, 2019
Big blow to tourism & economy: Sri Lanka struck by hotel cancelations after deadly Easter attacks

Recent terror attacks delivered a huge blow for the Sri Lankan tourism industry, President Sirisena said, as the country is still on high alert after the Easter bombings in hotels...

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May 5, 2019
Pipeline bottlenecks cost Canadian producers $20 billion

Alberta's oil industry has faced persistent pipeline problems, costing Canadian producers a whopping $20 billion in lost earnings. Read Full Article at RT.com

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May 5, 2019
It’s a kind of magic: Rock band Queen are richer than the actual Queen

The combined wealth of rock legends Queen has topped that of the British monarch, overtaking their royal namesake by almost $100 million after the success of the recent Bohemian Rhapsody...

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May 4, 2019
India wants to be the 1st to land on uncharted Moon territory

India's space agency wants to touch down its rover on the Moon's south pole, an area on the Earth's natural satellite where no one has gone before. The launch is...

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May 4, 2019
Can cash solve the global debt problem? Boom Bust investigates

The scary fact the world is now facing is that we "owe each other too much," but even if countries have a lot of money, it doesn't mean they can...

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May 4, 2019
Estonia has a single gold bar in its vault… but cannot sell it

The only gold ingot Estonia's central bank has in storage is not pure enough for financial operations and is more suitable as a museum piece, the bank has revealed. Read...

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May 4, 2019
Iran must boost non-oil revenues & oil sales to counter US sanctions ‘plot’ – Rouhani

Iranian President Hassan Rouhani has called for resistance against US restrictions on its energy sector by boosting production and exports, as Washington tightens its sanctions grip on Tehran. Read Full...

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May 4, 2019
‘Miscarriage of justice’: Cuba slams lawsuits against state-owned firms

Cuba vowed to protect its property and international business ties just as ExxonMobil began suing two Cuban companies for $280 million over assets seized after the revolution. Read Full Article...

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May 4, 2019
US is going to ‘trade a lot’ with Russia, Trump says, after ‘long & very good’ phone call with Putin

Donald Trump said that he shares Vladimir Putin's desire to improve trade ties between Russia and the US as he commented on the lengthy phone conversation with his Russian counterpart...

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May 3, 2019
Pornhub teases Tumblr takeover to restore former adult content ‘glory’

Pornhub wants to buy Tumblr and reverse the microblogging site's recent controversial decision to purge adult content from its pages. The website has seen a flop in traffic since removing...

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May 3, 2019
OPEC ‘likely to collapse’ thanks to some members’ unilateralism – Iran’s oil minister

The Organization of the Petroleum Exporting Countries (OPEC) is on the brink of collapse because some countries in the cartel fail to support the efforts of the organization, Iran's top...

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