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Mar 21, 2019 05:14
Citigroup is reportedly preparing to sell gold bullion – which the Venezuelan Central Bank swapped for cash back in 2015 to keep the economy afloat and has now missed the deadline to buy back – and it wants to keep the change.
- Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDP
A study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy.Mar 20, 2019 14:55 - EU keeps piling on fines on Google, slapping tech giant $1.7bn for blocking rivals' adsGoogle has been hit with a €1.5 billion ($1.7 billion) fine by the European Union. The sanction marks the third antitrust penalty against the Big Tech firm in less than three years.Mar 20, 2019 14:52
- 'Perfect storm' of tight supply & global demand drives oil prices higherOil prices have risen far higher and faster than most analysts expected, with major banks now changing their forecasts as a perfect storm of factors forms around oil markets.Mar 20, 2019 13:11
- Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancerBayer shares plunged more than 12 percent after a second US jury ruled that glyphosate-based Roundup weed killer causes cancer. It was a huge blow to the German pharmaceutical giant which bought US agrochemical firm Monsanto.Mar 20, 2019 11:30
- Citigroup to sell Venezuelan gold after Caracas misses buyback deadline due to US asset grabCitigroup is reportedly preparing to sell gold bullion – which the Venezuelan Central Bank swapped for cash back in 2015 to keep the economy afloat and has now missed the deadline to buy back – and it wants to keep the change.Mar 21, 2019 05:14
- Escalation of US-China bilateral tariffs to shave off $1 trillion from America’s GDPA study by the US Chamber of Commerce shows how the deterioration in the trade dispute between the world’s two largest economies, China and the United States, will drastically affect the American economy.Mar 20, 2019 14:55
- EU keeps piling on fines on Google, slapping tech giant $1.7bn for blocking rivals' adsGoogle has been hit with a €1.5 billion ($1.7 billion) fine by the European Union. The sanction marks the third antitrust penalty against the Big Tech firm in less than three years.Mar 20, 2019 14:52
- 'Perfect storm' of tight supply & global demand drives oil prices higherOil prices have risen far higher and faster than most analysts expected, with major banks now changing their forecasts as a perfect storm of factors forms around oil markets.Mar 20, 2019 13:11
- Bayer stock sinks after court rules weed killer it bought from Monsanto caused cancerBayer shares plunged more than 12 percent after a second US jury ruled that glyphosate-based Roundup weed killer causes cancer. It was a huge blow to the German pharmaceutical giant which bought US agrochemical firm Monsanto.Mar 20, 2019 11:30
- Russian airlines halt purchases of Boeing 737 MAX jets indefinitelyContracts for the purchase of troubled Boeing 737 MAX aircraft have been suspended indefinitely by a number of Russian airlines, according to Vladimir Afonsky, a member of the State Duma Committee on Transport and Construction.Mar 20, 2019 10:11
- Qatar to launch Islamic banking giant focused on energyThe world’s biggest Islamic bank, which is set to specialize in the energy sector, will appear in Qatar in the fourth quarter of the current year, according to executives launching the project.Mar 20, 2019 07:06
- Can Google create the Netflix of gaming? RT’s Boom Bust finds out…Tech giant Google is expected to reveal its mysterious cloud gaming platform which will allow high-end games to be played without having to dish out hundreds of dollars for gaming hardware.Mar 19, 2019 14:51
- Venezuela may divert US-bound oil to Russia & ChinaSanctions-hit Venezuela may reroute crude initially destined for the US to other countries, according to the country’s top energy official, adding that shipments could go to Russia and China.Mar 19, 2019 14:48
- Land & sea sections of natural gas pipeline from Russia to Turkey connectedThe last joint connecting offshore and land sections of the Turkish Stream natural gas pipeline have been welded, Russian media reported, citing the project’s operator South Stream Transport B.V.Mar 19, 2019 11:49
- Tesla ‘would love’ to enter India’s car market – CEO Elon MuskBillionaire chief executive of electric carmaker Tesla Elon Musk has vowed that his company will hit the Indian car market as early as this year.Mar 19, 2019 11:28
- Where China & Russia meet: Cross-border railway bridge over Amur River nearing completionThe two parts of the long-awaited railway bridge linking Russia and China across the Amur River, will be connected on March 20-23, according to the project’s chief engineer Li Huachao.Mar 19, 2019 10:12
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