Shares of US electric car maker Tesla extended gains to a fresh record high on Monday, pushing the value of the company past $330 billion. Investors continue to bet that the stock will soon join the S&P 500....

As a result of reduced demand and the fallout from the oil price war, Middle East banks are being forced to merge just to stay afloat. The historic oil price crash and Covid-19 pandem...

The $3 trillion rescue plan by the US Federal Reserve to limit the economic damage from the Covid-19 pandemic is fueling excesses across US capital markets, investors say. The Fed has...

China and the US agreed under phase-1 of the trade deal that the Asian nation would buy some $26 billion of US energy this year, but China is unlikely to meet that goal. Even before t...

Russia’s Zvezda shipyard has begun construction of the first Leader-class nuclear icebreaker, according to Rosatom subsidiary Rosatomflot. The flagship vessel will be named ‘Russia’....

Most people are planning to avoid travel even after the pandemic subsides due to health risks and economic uncertainties, a recent poll by the International Air Transport Association (IATA) shows....

Russian gold and foreign currency holdings hit almost $569 billion as of July 1, according to the latest data released by the country’s central bank. The international funds increased...

Indian economy has started showing signs of normalcy with ease in lockdown restrictions, RBI governor Shaktikanta Das said on Saturday, adding that post containment of Covid-19, a very careful trajectory has to be followed in the orderly un...

Exports of Russian grain are expected to total 41.7 million tons in the current agricultural season, according to the Russian Federal State Statistics Service. Supplies of wheat to the global market may reach 33...

After having gone below zero this year due to the coronavirus pandemic and to disagreements between global oil producers, the price of crude has all the chances of rebounding significantly from these historic lo...

Shares of Chinese e-commerce giant Alibaba soared over 10 percent, allowing it to overtake US social media firm Facebook by market capitalization and climb higher among the world's most valuable firms....

India will lead the post-Covid-19 global economic revival, according to Prime Minister Narendra Modi, who was addressing the India Global Week 2020 virtual conference on Thursday. The...

Thanks to his company’s stock market performance, Amazon founder Jeff Bezos keeps getting richer by the week. After adding another 10 billion to his fortune in seven days, his net worth has hit a new high of $18...

Hundreds of billions of dollars in US Paycheck Protection Program funds have reportedly been dispensed to companies that did not need it. Max Keiser and Stacy Herbert discuss the matter, as well as other controv...

A new report by European plane maker Airbus shows aircraft deliveries have halved in the first six months of the year, amounting to just 196 planes, compared with 389 in the same period of 2019....

Another 1.4 million Americans are expected to have filed for unemployment in the week ending July 4, with the coronavirus pandemic still raging in the country. The US Labor Department...

Even in today's uncertainty, contentment may not require that lottery win after all

Russian-flagged pipelayer Fortuna has departed from the German port of Mukran and entered Danish waters, shortly after Copenhagen expanded the list of ships allowed to participate in construction of the Nord Str...

The Trump administration’s anti-China policies, including tariffs and attacks on telecoms giant Huawei, have forced the Chinese government to tighten its grip over Hong Kong, an analyst tells RT....

China’s central bank is partnering up with the country’s ride-hailing giant Didi Chuxing to test the use of its sovereign digital currency. The digital yuan may be offered to the public as early as next year....

Companies operating Boeing 787 planes as well as other jets powered by Rolls-Royce Trent 1000 are required to check the engine over a possible risk of cracking, the European Union Aviation Safety Agency (EASA) h...

Gold has extended its rally with prices reaching their highest level in more than nine years this week. The precious metal has been doing very well lately as investors are clamoring for safe haven assets amid ma...

While not explicitly banning Huawei 5G equipment, France is gradually phasing out the Chinese tech giant from the nation’s next-generation networks, according to a lawmaker in President Emmanuel Macron’s party....

A lifetime of playing catch-up won't level the field between the haves and have-nots unless changes are made at the highest level

Israel’s public health director quit on Tuesday amid a spike in new coronavirus cases, saying that the government had reopened the economy too rapidly and had lost its way in dealing with the pandemic. Siegal Sadetzki, an epidemiologi...

Today's statement could not be more important so here are some of the predictions for what it might contain. And what it probably won't

India’s Commerce and Industry Ministry is considering stricter scrutiny of goods coming from Bangladesh, Sri Lanka, South Korea, and the Asia bloc. The move aims to stop banned Chinese imports coming through the...

Tesla’s website briefly crashed this week as CEO Elon Musk launched the sale of red satin shorts, lampooning investors who are betting against the electric carmaker. The limited-editi...

The price of copper, which has surged lately, is likely to stabilize in the coming quarters, industry experts say. The red metal is often seen as a bellwether for the general state of the global economy....

The MSCI index of developing-world stocks rose 1.8 percent on Monday to its highest level since February 26. The growth comes as strong economic data from emerging markets gave investors hope of an economic reco...

Russia’s manufacturing and services sectors bounced back in the second quarter, following a decline in April due to the Covid-19 pandemic and ensuing lockdown. According to IHS Markit...

In a sharp U-turn, the UK government is reportedly planning to ban Huawei equipment from the nation’s next-generation networks by the end of the year. In January, London allowed the company a limited role in Bri...

Government changes aimed at creating more flexible bureaucracy to tackle economic challenges as result of COVID-19.

In partnership with the business sector, the Japanese government will invest some $14.4 billion (1.5 trillion yen) in liquefied natural gas development in Mozambique, the Nikkei Asian Review reported....

Global working hours are expected to have plummeted by 14 percent in the second quarter of 2020 as a result of the Covid-19 pandemic, according to the International Labour Organization (ILO)....

The Russian capital has made it into a list of the top 20 European cities with the most promising prospects for start-ups, tech and innovation investment, according to the Tech Cities of the Future ranking....

Chancellor says UK needs to 'relearn what it's like to go out again'

A free-trade agreement between the Russian-led Eurasian Economic Union (EEU) and Israel may be concluded in 2020, according to Israel’s Charge d'Affaires Yacov Livne. “One important i...

As high unemployment following the coronavirus pandemic saps house-buying demand, commercial-property investors are looking to take advantage of falling prices. In the United Kingdom,...

OPEC+ is not discussing or planning changes to its production cut agreement, which should see the oil producers ease the cuts in August, Russia’s Energy Minister Alexander Novak said at an online conference on T...

US aerospace giant Boeing will reportedly stop making its iconic 747 aircraft for good after it completes the last of the 16 jets currently on order. Covid-19 has crippled an already declining market for the pla...

Although Boeing and the Federal Aviation Administration (FAA) have completed certification-flight tests on the 737 MAX, the troubled jets are far from returning to the skies, an aviation-industry insider believe...

The US economy is expected to have added three million jobs in June, with the unemployment rate declining to 12.5 percent as business resumes. However, a surge in new infections is expected to slow the reopening...

From refunds to cutting your premiums, what do you need to know about your car insurance costs after Covid?

Chinese-owned Swedish car manufacturer Volvo is recalling nearly 2.2 million vehicles worldwide over concerns that the seatbelts could be less effective over time. The recall is the biggest ever for the brand....

The French government, which owns a stake in European aviation giant Airbus, wants the company to minimize forced layoffs after it announced plans to slash 15,000 jobs in the wake of the coronavirus crisis....

The coronavirus outbreak has been very costly to Asian economic development, the International Monetary Fund (IMF) said as it revised down its forecast for the region and warned of possible protracted recovery....

Freight trains crossed the Crimean Bridge for the first time on Tuesday, marking the official launch of regular freight rail service along the 19-km link connecting the peninsula with mainland Russia....