Business – Page 247 – THE OVAL CIRCLE

Economic uncertainty leaves oil markets paralyzed

Posted on November 1, 2019November 1, 2019By Editor

The Federal Reserve cut interest rates again as the trade war continues to rage on, but what does all of this mean for the price of oil? … Read More >Economic uncertainty leaves oil markets paralyzed

China officially launches ‘one of the world’s largest’ 5G networks, with plans available for as low as $18

Posted on November 1, 2019November 1, 2019By Editor

Chinese mobile operators have offered 5G services to the country’s consumers as the world’s largest market officially made the network available on November 1. … Read More >China officially launches ‘one of the world’s largest’ 5G networks, with plans available for as low as $18

‘Sawing off the branch it’s sitting on’: US has itself to blame for dollar collapse – Keiser Report

Posted on October 31, 2019October 31, 2019By Editor

While the United States is sanctioning countries and causing them to shift away from the dollar, Russia and China continue boosting trade and their gold reserves, says Dmitry Orlov of popular Club Orlov blog. … Read More >‘Sawing off the branch it’s sitting on’: US has itself to blame for dollar collapse – Keiser Report

A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank

Posted on October 31, 2019October 31, 2019By Editor

The US dollar’s status as the world’s major reserve currency, which it held for decades, could come under threat, according to Anne Korin from the Institute for the Analysis of Global Security. … Read More >A ‘growing club’ of ‘very powerful countries’ is shifting away from the US dollar – think tank

Business Health

Bayer faces huge upsurge in cancer-linked lawsuits, as number of claims double over Monsanto’s weed killer Roundup

Posted on October 30, 2019October 30, 2019By Editor

German pharmaceutical giant Bayer reported on Wednesday that the number of US plaintiffs suing over weed killer Roundup has more than doubled over the past three months, reaching 42,700. … Read More >Bayer faces huge upsurge in cancer-linked lawsuits, as number of claims double over Monsanto’s weed killer Roundup

Profits over safety: US plane maker Boeing accused of building ‘FLYING COFFINS’

Posted on October 30, 2019October 30, 2019By Editor

The world’s biggest plane maker Boeing has been accused by members of the US Senate of putting profits before safety, and engaging in “a pattern of deliberate concealment.” … Read More >Profits over safety: US plane maker Boeing accused of building ‘FLYING COFFINS’

Full stream ahead! Denmark removes final hurdle for Russian gas pipeline to Europe

Posted on October 30, 2019October 30, 2019By Editor

Denmark has given the green light for the Russia-led Nord Stream 2 gas pipeline to pass through its waters. Copenhagen’s delay in granting permission has been the main hurdle to completing the project on time. … Read More >Full stream ahead! Denmark removes final hurdle for Russian gas pipeline to Europe

Consumer data privacy breach spells lawsuit for Alphabet’s Google in Australia

Posted on October 29, 2019October 29, 2019By Editor

Australian Competition and Consumer Commission (ACCC) filed a lawsuit against Alphabet’s Google on Tuesday, alleging that the company misled smartphone users on how personal location data was being collected, kept and used. … Read More >Consumer data privacy breach spells lawsuit for Alphabet’s Google in Australia

Asia & Pacific Business

Hong Kong plunges into recession as months of violent protests take toll on economy

Posted on October 28, 2019October 28, 2019By Editor

Months of chaos have hurt Hong Kong’s economy, which has now slid into recession, according to region’s financial secretary, Paul Chan Mo-po. … Read More >Hong Kong plunges into recession as months of violent protests take toll on economy

Russia, China & India to set up alternative to SWIFT payment system

Posted on October 28, 2019October 28, 2019By Editor

Members of the BRICS trade bloc Russia, India, and China have decided to connect their financial messaging systems to bypass the SWIFT international money transfer network. … Read More >Russia, China & India to set up alternative to SWIFT payment system