Presented by Cooperation between Russia and Iraq in the oil sector is “very active” in spite of all the restrictions and the impact of the Covid-19 pandemic, according to Russian Deputy Prime Minister Alexander Novak. Novak, who previously served as Russia’s energy minister, met on Wednesday with Iraqi Oil Minister Ihsan Abdul Jabbar to discuss […]
Category: Business
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Presented by As part of an effort to boost Indian production capacity the country’s transport minister has made a bold offer to US electric car maker Tesla: the cheapest manufacturing cost in the world, even lower than China. According to Nitin Gadkari, Indian authorities would give higher concessions, if the electric vehicle (EV) pioneer started […]
Presented by Deloitte will pay Malaysia’s government $ 80 million to resolve all claims related to its auditing of accounts of scandal-linked state fund 1MDB and its unit SRC International from 2011 to 2014. The Finance Ministry said on Wednesday that “The successful out-of-court settlement with Deloitte will expedite the payment of monies to fulfill […]
Presented by Crude oil prices have weakened on Tuesday as OPEC and its allies are expected to decide how to proceed with the collective production cuts from April onwards. Futures in New York sank below $ 60 a barrel, dropping for a third day. Both global crude benchmarks Brent and US West Texas Intermediate (WTI) […]
Presented by The world’s top cryptocurrency, bitcoin, continued to rally on Tuesday, pushing above $ 49,000 during early trading. The rally comes as the Chinese government plans to ban crypto mining in the country. The Chinese northern region of Inner Mongolia, the global crypto mining hotspot, is banning cryptocurrency mining. Regional authorities are expected to […]
Presented by Max Keiser talks to Stephen Flood of GoldCore.com about the case for gold in a bitcoin world, as well as the recent Reddit-driven buying frenzy, which sent silver prices soaring to an eight-year high. “There’s a lot of silver, but it’s not in the right place, it’s not in the right format for […]
Presented by Airlines are starting to position their businesses for a recovery with new aircraft orders as more Covid-19 vaccines are distributed globally. United has moved up the delivery of 40 Boeing 737 MAX aircraft to 2022 and altogether has 188 orders for the single-aisle max jets. The deal comes as United continues to push […]
One in every two newly minted dollar-denominated billionaires last year stemmed from China, according to the latest Hurun Global Rich List. The country had 1,058 billionaires last year compared with 696 in the US. Of the 610 new billionaire tycoons globally, 318 were in China, compared with 95 in the United States, based on January […]
Presented by Export duty on Russian wheat has been doubled to €50 ($ 60.44) per ton from March 1. It will remain in force until a permanent floating tax is imposed in June. The levy was introduced in February in a bid to protect domestic supply and stabilize the prices for flour and bread, and […]
Presented by New data from the Australian National University (ANU) showed Chinese investment in Australia dropped by more than 61 percent in 2020, to just over a billion Australian dollars (US$ 780 million) – the lowest in the past six years. According to figures from the Chinese Investment in Australia Database (CHIIA), the drop followed […]