Categories Business Oil touches 13-month high driven by global recovery hopes & OPEC+ supply cuts Posted on Posted onFebruary 10, 2021February 10, 2021By Editor Crude oil futures secured further gains on Tuesday, with both global benchmark Brent and US West Texas Intermediate (WTI) climbing to the highest levels since January 2020. … Read More >Oil touches 13-month high driven by global recovery hopes & OPEC+ supply cuts
Categories Business American utilities are getting pummeled by unpaid bills Posted on Posted onFebruary 10, 2021February 10, 2021By Editor With millions of Americans struggling to pay utility bills, energy companies are facing a looming revenue crisis. … Read More >American utilities are getting pummeled by unpaid bills
Categories Business China to give away over $6mn in digital currency during Lunar New Year in massive e-yuan trials Posted on Posted onFebruary 9, 2021February 9, 2021By Editor As China gets ready to celebrate one of its biggest holidays, the Lunar New Year, authorities in Beijing and Suzhou are handing out 40 million yuan ($6.2 million) in another public lottery as part of digital currency tests. … Read More >China to give away over $6mn in digital currency during Lunar New Year in massive e-yuan trials
Categories Business Morgan Stanley shrugs off anti-Russian sanctions risks & bets on stronger ruble Posted on Posted onFebruary 8, 2021February 8, 2021By Editor The Russian ruble has hit a two-week high against the US dollar and the euro, buoyed by rising oil prices and a positive outlook for the market, with Morgan Stanley expecting the currency to extend gains. … Read More >Morgan Stanley shrugs off anti-Russian sanctions risks & bets on stronger ruble
Categories Business Russia needs regulations for grain exports to control rising food prices – Putin Posted on Posted onFebruary 8, 2021February 8, 2021By Editor Russian President Vladimir Putin has called for the creation of a mechanism for regulating grain exports, to help domestic agriculture and curb rising food prices on the domestic market. … Read More >Russia needs regulations for grain exports to control rising food prices – Putin
Categories Business China’s trade turnover with Central and Eastern Europe tops $100 billion despite pandemic-hit 2020 Posted on Posted onFebruary 8, 2021February 8, 2021By Editor Mutual trade between China and 17 nations in Central and Eastern Europe in 2020 exceeded $100 billion for the first time ever, according to China’s Ministry of Commerce. … Read More >China’s trade turnover with Central and Eastern Europe tops $100 billion despite pandemic-hit 2020
Categories Business Fossil fuels aren’t going anywhere Posted on Posted onFebruary 8, 2021February 8, 2021By Editor As the world continues to push a green energy narrative, experts are warning that a full transition away from oil and gas may not be possible. … Read More >Fossil fuels aren’t going anywhere
Categories Business Austria says ‘no’ to politicizing Nord Stream 2 as Brussels & Washington call for sanctions over arrest of opposition figure Posted on Posted onFebruary 8, 2021February 8, 2021By Editor The Russian-led Nord Stream 2 offshore gas pipeline project shouldn’t be tied to the case of opposition figure Alexey Navalny, who was sentenced to jail for violating his probation, Austrian Chancellor Sebastian Kurz has said. … Read More >Austria says ‘no’ to politicizing Nord Stream 2 as Brussels & Washington call for sanctions over arrest of opposition figure
Categories Business Can Big Tech afford antitrust violations after new law comes into force? RT’s Boom Bust finds out Posted on Posted onFebruary 6, 2021February 6, 2021By Editor US Senator Amy Klobuchar, who is now the chair of the senate judiciary subcommittee, has announced a new sweeping antitrust legislation that would significantly raise the risk for companies such as Facebook, Apple, and Google. … Read More >Can Big Tech afford antitrust violations after new law comes into force? RT’s Boom Bust finds out
Categories Business Tesla proposes investment in Indonesia as carmaker seeks reliable source of nickel Posted on Posted onFebruary 6, 2021February 6, 2021By Editor Indonesia has received an investment proposal from US electric car maker Tesla, according to the country’s deputy head for investment and mining coordination, Septian Hario Seto, as quoted by Reuters. … Read More >Tesla proposes investment in Indonesia as carmaker seeks reliable source of nickel
