Business – Page 154 – THE OVAL CIRCLE

What lies behind AstraZeneca’s plan to team up with Russia’s highly criticized Sputnik V? RT’s Boom Bust gropes for an answer

Posted on December 14, 2020December 14, 2020By Editor

Earlier this week, British pharmaceutical giant AstraZeneca announced a trial program to test if its experimental coronavirus vaccine can be combined with Russia’s Sputnik V shot, which was previously bashed by the UK media. … Read More >What lies behind AstraZeneca’s plan to team up with Russia’s highly criticized Sputnik V? RT’s Boom Bust gropes for an answer

Business

Bank of England warns of possible disruptions to UK’s financial system after Brexit

Posted on December 14, 2020December 14, 2020By Editor

The Bank of England said on Friday that the UK’s banking system remains resilient to a wide range of possible economic outcomes due to Brexit but the end of transition period on 31 December might bring disruptions. … Read More >Bank of England warns of possible disruptions to UK’s financial system after Brexit

Business

China opens world’s first suspension bridge combining high-speed rail and road

Posted on December 13, 2020December 13, 2020By Editor

China’s new suspension bridge integrating high-speed road and railway has been put into operation in the country’s eastern province of Jiangsu, state news agency Xinhua reports. … Read More >China opens world’s first suspension bridge combining high-speed rail and road

Business

Why does US want to tear Facebook apart? RT’s Boom Bust has the answer

Posted on December 13, 2020December 13, 2020By Editor

Facebook is facing a major antitrust challenge over WhatsApp and Instagram ownership, with 46 state attorneys-general alongside the Federal Trade Commission filing lawsuits against the technology giant. … Read More >Why does US want to tear Facebook apart? RT’s Boom Bust has the answer

Business

Top US shale gas basin continues to bleed cash

Posted on December 13, 2020December 13, 2020By Editor

The shale revolution may have made the United States and the world’s largest natural gas producer, but it has failed to make the biggest US shale gas drillers any richer. … Read More >Top US shale gas basin continues to bleed cash

Business

Russia considers grain export quota to stabilize domestic food prices

Posted on December 13, 2020December 13, 2020By Editor

Russia is preparing a decree authorizing an introduction of a grain export quota and wheat export tax, according to the chairman of the Russian Union of Grain Exporters, Eduard Zernin. … Read More >Russia considers grain export quota to stabilize domestic food prices

Business

Chinese economy continues to roar with 10% growth forecast next year

Posted on December 11, 2020December 11, 2020By Editor

Chinese gross domestic product (GDP) will get a substantial boost next year due to a rebound in consumption and services, accelerating income growth and fiscal stimulus, international economic research firm Capital Economics says. … Read More >Chinese economy continues to roar with 10% growth forecast next year

Business

US bond market is BROKEN, thanks to the Federal Reserve – Peter Schiff

Posted on December 11, 2020December 11, 2020By Editor

While analysts insist inflation isn’t a problem in the US because the bond market isn’t signaling any inflation concerns, veteran stockbroker Peter Schiff argues that you can’t rely on this bond market to tell you anything. … Read More >US bond market is BROKEN, thanks to the Federal Reserve – Peter Schiff

Business

EU to force Big Tech to police internet or face large fines – report

Posted on December 11, 2020December 11, 2020By Editor

The EU will require “very large” tech companies such as Facebook and Amazon to take greater responsibility for policing the internet or face fines of up to six percent of their turnover, the Financial Times reported on Thursday. … Read More >EU to force Big Tech to police internet or face large fines – report

Business

Consumer prices in China decline for first time in over decade

Posted on December 10, 2020December 10, 2020By Editor

The recovery in pork supply has driven consumer prices in China lower for the first time since 2009, according to new data from the country’s statistics agency. … Read More >Consumer prices in China decline for first time in over decade

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