Business – Page 239 – THE OVAL CIRCLE

Russia & OPEC agree on new oil production cuts to prop up global crude prices

Posted on December 7, 2019By Editor

The Organization of the Petroleum Exporting Countries (OPEC) and allied oil exporters led by Russia have agreed to deepen production cuts and to reduce daily output by 500,000 barrels during their meeting in Vienna. … Read More >Russia & OPEC agree on new oil production cuts to prop up global crude prices

Russia won’t stop gas transit through Ukraine when Nord Stream 2 becomes operational – Putin

Posted on December 7, 2019December 7, 2019By Editor

Commissioning of the Nord Stream 2 gas pipeline, which is a commercial project, does not mean that Russia will abandon gas transit through Ukraine, said Russian President Vladimir Putin on Friday. … Read More >Russia won’t stop gas transit through Ukraine when Nord Stream 2 becomes operational – Putin

Cutting Russia off from SWIFT would mean declaration of war – Russian PM

Posted on December 7, 2019December 7, 2019By Editor

Restricting Russia’s access to the SWIFT international banking payment system would virtually mean a declaration of war, Prime Minister Dmitry Medvedev has warned. … Read More >Cutting Russia off from SWIFT would mean declaration of war – Russian PM

Hackers ‘looking to weaponize Facebook Ad Manager’ via trojan hidden in PDF reader

Posted on December 6, 2019December 6, 2019By Editor

Self-professed “ethical hacker and reverse engineer” Vitali Kremez has discovered a new trojan, dubbed ‘Socelars’, which could be used to hack Facebook Ad Manager accounts, further endangering advertising on the platform. … Read More >Hackers ‘looking to weaponize Facebook Ad Manager’ via trojan hidden in PDF reader

US tech companies to lose $40 billion as China’s Huawei takes its business to Europe

Posted on December 6, 2019December 6, 2019By Editor

Chinese telecom giant Huawei has revealed plans to spend tens of billions of dollars on technology supplies in Europe over the next five years after being blacklisted in the US. … Read More >US tech companies to lose $40 billion as China’s Huawei takes its business to Europe

Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Posted on December 6, 2019December 6, 2019By Editor

With stock prices consistently breaking new records, a normal reversal is bound to happen sooner or later. That could boost gold to a new all-time high, says Bloomberg Intelligence (BI). … Read More >Gold ready to join ‘all-time-highs club’ as US dollar and equities can’t go up forever – commodity strategist

Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Posted on December 6, 2019December 6, 2019By Editor

Russian President Vladimir Putin has accused Bulgaria of delaying the construction of its section of the TurkStream gas pipeline. He said that Russia could, however, find ways to bypass the country, if necessary. … Read More >Bulgaria deliberately holding up TurkStream gas pipeline project, says Putin

Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

Posted on December 5, 2019December 5, 2019By Editor

Berlin will consider countermeasures if the US imposes sanctions on Nord Stream 2, the pipeline that will deliver natural gas from Russia to Germany, the head of the Bundestag’s Committee on Economic Affairs and Energy has said. … Read More >Germany will respond if US sanctions gas pipeline from Russia – Bundestag member

BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Posted on December 5, 2019December 5, 2019By Editor

Environmental lawyers have filed a legal complaint against British energy giant BP, accusing the company of misleading consumers over its low-carbon energy in a huge advertising campaign. … Read More >BP accused of ‘greenwashing’ over ‘misleading’ clean energy transition ads

Ukraine extends anti-Russian trade sanctions for one year

Posted on December 4, 2019December 4, 2019By Editor

The Ukrainian government has decided to keep the tariffs against Russian goods in force for another year, Verkhovna Rada Deputy Aleksey Goncharenko said on Wednesday. … Read More >Ukraine extends anti-Russian trade sanctions for one year