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
Categories Business Oil climbs closer to $60 on growth hopes and OPEC+ supply cuts Posted on Posted onFebruary 6, 2021February 6, 2021By Editor Crude prices hit their highest level in over a year on Friday, closing in on $60 a barrel amid economic revival hopes and supply curbs by OPEC and allied producers. … Read More >Oil climbs closer to $60 on growth hopes and OPEC+ supply cuts
Categories Business Canada’s oil heartland wants to make US pay for scrapped Keystone XL pipeline Posted on Posted onFebruary 6, 2021February 6, 2021By Editor Alberta, Canada’s oil heartland, may seek compensation from the United States after newly inaugurated President Joe Biden moved to nix the Keystone XL Pipeline, Bloomberg said on Thursday. … Read More >Canada’s oil heartland wants to make US pay for scrapped Keystone XL pipeline
Categories Business Down the drain: Covid-19 lockdowns forces British pubs to dump 87 million pints of beer Posted on Posted onFebruary 6, 2021February 6, 2021By Editor Closures during Covid-19 lockdowns will force pub owners across the UK to dump nearly 87 million pints of beer, according to the latest calculations by the British Beer and Pub Association (BBPA). … Read More >Down the drain: Covid-19 lockdowns forces British pubs to dump 87 million pints of beer
Categories Business Chinese TikTok rival Kuaishou share price nearly triples in IPO debut Posted on Posted onFebruary 6, 2021February 6, 2021By Editor Shares in the Chinese short video app Kuaishou almost tripled on their Hong Kong debut on Friday, surging to HK$338 ($43.60) upon opening, from an IPO price of HK$115 ($14.80). … Read More >Chinese TikTok rival Kuaishou share price nearly triples in IPO debut
Categories Business China partners with SWIFT to boost global use of yuan & cut reliance on US dollar Posted on Posted onFebruary 6, 2021February 6, 2021By Editor The People’s Bank of China has agreed a partnership with the global interbank settlement organization SWIFT, as part of an effort to internationalize the yuan and develop a digital Chinese currency. … Read More >China partners with SWIFT to boost global use of yuan & cut reliance on US dollar
Categories Business Sharpest decline in aviation history: Passenger traffic plunged 66% last year due to pandemic, IATA says Posted on Posted onFebruary 4, 2021February 4, 2021By Editor The number of global air passengers declined “dramatically” last year due to travel restrictions imposed over the Covid-19 pandemic, the International Air Transport Association (IATA) said on Wednesday. … Read More >Sharpest decline in aviation history: Passenger traffic plunged 66% last year due to pandemic, IATA says
Categories Business China stocking up on chips & high-tech equipment to negate US sanctions Posted on Posted onFebruary 4, 2021February 4, 2021By Editor China is increasing imports of computer chips and equipment required to manufacture them in a bid to mitigate the impact of a US ban on high-tech exports, as Beijing’s semiconductor industry struggles to meet domestic demand. … Read More >China stocking up on chips & high-tech equipment to negate US sanctions
Categories Business Russian grain exports hit historic high Posted on Posted onFebruary 4, 2021February 4, 2021By Editor Grain exports by Russia in the current agricultural year, from last July to June 2021, have already hit 34.3 million tons, 25 percent more than during the same period last season. … Read More >Russian grain exports hit historic high
