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Thursday, May 13, 2021
Bitcoin continues to set records, passing US 34,000 a coin and then breaching the US $40k limit, with institutional investors helping the price to double in value in less than a month. In fact, on January 6th a new milestone...
A record 12,400 freight-train trips between China and Europe were made in 2020, according to the China State Railway Group. That’s up 50 percent from the previous year, the railway operator...
Tesla is shaking up the competition once again with the release of its new Model Y in China for a lower-than-expected price that’s reportedly causing a run of advance orders.  ...
Bitcoin and other digital coins tumbled on Monday, wiping some $190 billion from the entire cryptocurrency market. The sell-off could signal some profit-taking by investors, experts say. The...
The launch of a nationwide vaccination program, along with highly positive reports on quarterly earnings by Indian technology giants, have sent Indian stocks to record-breaking highs. The S&P...
The leading global cryptocurrency’s parabolic surge is already off the US’ money printing chart, but unlike fiat money, it’s going to keep rising. RT’s Keiser Report hosts, Max Keiser and Stacy...
South Korean carmaker Hyundai and US tech giant Apple may soon finalize their rumored deal on autonomous electric cars, with vehicles expected to roll off the production line in three years,...
Oil prices are rallying due to the decision by OPEC+ to extend cuts, but there are still plenty of problems for the oil industry to overcome in 2021. ...
As Chinese digital behemoths continue to expand, the government will concentrate its efforts on regulating monopolies this year, officials said at an annual legal meeting. Chinese officials gathered...
SpaceX and Tesla founder Elon Musk has added over $20 billion to his fortune since he became the richest man on Earth. However, he downplays the importance of material wealth and...
Demand for petroleum products in India has tumbled to multi-year lows following its first contraction in consumption since 1999, as the coronavirus pandemic rattles the world’s third-largest oil importer and consumer. ...
The recent changes to WhatsApp’s privacy policy, requiring users to share their data with owner Facebook or leave the platform altogether, have drawn the ire of many users, and even fellow...
Supplies of gas to Turkey and Europe via offshore pipeline TurkStream have increased more than twofold in a year since the launch of the project, according to Russian energy giant Gazprom. ...
While Tesla’s CEO has made millionaires of some of his loyal fans, this time his Twitter recommendation to use the platform Signal apparently sent millions to an unrelated firm, whose stock...
China’s Ministry of Commerce has issued a list of rules to counter “unjustified” foreign laws and restrictions, prohibiting its firms and citizens from complying with these measures amid the US crackdown...
Saudi Arabia’s pledges of voluntary output cuts and the earlier decline in US oil inventories have continued to boost energy markets, bringing crude prices to the highest levels since February 2020. ...
Russia’s main index on the Moscow Exchange has reached a new historic peak for the second time in a week following gains in equities trading in Europe and the US as...
The price of the world's most traded cryptocurrency, bitcoin, hit a new all-time high of over $41,000 on Friday after smashing through another psychological level less than 24 hours before. ...
US index publisher MSCI and others – FTSE Russell and S&P Dow Jones Indices – announced the removal of Chinese telecom firms from their benchmarks over the US’ investment ban, triggering...
Washington has backed down from plans to hit $1.3 billion of French products with new tariffs. The levies were meant to be in retaliation to France’s attempt to hike taxes on...
Boeing will pay some $2.5 billion to resolve criminal charges linked to two deadly crashes involving its 737 MAX aircraft, agreeing to hand over a small fraction of its yearly revenue...
After seven months of consecutive growth, food prices finally reached a three-year peak for the whole pandemic year, according to the UN food security agency, the Food and Agriculture Organization (FAO). ...
For the first time in 35 years, no oil flowed from Saudi Arabia to the United States last week, according to EIA data, in a show that the US — at...
The German state of Mecklenburg-Vorpommern may have a plan to facilitate the completion of Russia’s Nord Stream 2 pipeline amid US attempts to sink the $11 billion gas project in the...
The total value of all the digital currencies has reached $1 trillion for the first time ever after the leading crypto asset, bitcoin, continued its bull run to the next all-time...
Shares of Alibaba and Tencent have dropped in Hong Kong on the news that two of China’s most valuable companies could be the next target of the outgoing Trump administration’s investment...
French tire maker Michelin will eliminate as much as 2,300 jobs across its production facilities in France, although no factories will be closed. The measure comes as the producer reinforces activities...
As 2020 meant a slowdown in coal production and use, experts and governments were confident that the industry would pick up again as pandemic restrictions eased. However, going...
The price of bitcoin has set another record, reaching more than $35,000 after a sharp drop earlier this week that wiped out nearly 20 percent of the world’s first cryptocurrency’s value. ...
Chinese authorities will take necessary measures to safeguard the legitimate rights of the country’s companies against US aggression, China’s Foreign Ministry spokeswoman Hua Chunying has said. The claim...
In the final days of his administration US President Donald Trump has barred transactions with seven Chinese applications, including Alipay payment platform owned by Chinese billionaire Jack Ma’s Ant Group. ...
The auction, held every January at Tokyo’s main fish market, Toyosu, has been overshadowed by the raging coronavirus pandemic, which has slashed tuna prices, leaving the event without a showy bidding...
Shareholders of both Fiat Chrysler Automobiles and Group PSA, the French maker of Peugeot and Citroën cars, approved a $58 billion merger that will turn them into the world’s fourth-biggest car...
Norway has become the world’s number-one nation for electric vehicles, which comprised more than 50 percent of all new car sales in the country, the Norwegian Road Federation (OFV) reported on...
The UK Finance Ministry has announced a new aid package worth £4.6 billion ($6.2 billion) to support firms hit by a renewed Covid-19 lockdown that is likely to last until March. ...
In a sudden reversal, the New York Stock Exchange (NYSE) said it will no longer delist China's three largest state-owned telecommunications corporations allegedly linked to the Chinese military. ...
The likely extension of Germany's national lockdown will reportedly have a major negative impact on the country's economy, turning 2021 into a year of economic frustration. With Covid-19...
The world’s leading digital asset, bitcoin, has suddenly lost as much as 15 percent of its value, dropping to nearly $28,000, while alternative cryptocurrencies grow, catching up with the leader. ...
the ruble has shown steady growth against the dollar and the Euro in early 2021 for background updates of oil price highs in March of 2020. On Monday, 4 January, informs "Prime" with reference to data of the Moscow...
Россияне, выезд которых ограничен из-за долгов, задолжали в общей сложности 1,6 триллиона рублей, следует из материалов Федеральной службы судебных приставов. Об этом сообщает ТАСС.Согласно данным ведомства, на 1 декабря 2020 года в России действовало более 4,1 миллиона постановлений о...
The Moscow stock exchange (MOEX) index reached a new all-time high on Monday, as Russia's national currency, the ruble, opened the first trading day of 2021 with an upward move, triggered...
Oil prices reached the highest levels in nearly a year on expectations that OPEC and allied producers led by Russia may keep the production quota in February unchanged amid weak oil...
Moscow and Beijing have ramped up the share of settlements in national currencies to 25 percent this year against a modest two percent recorded seven years ago, according to the Russian...
Spooked by the US’ latest punitive measures, a Norwegian Nord Stream 2 contractor has refused to support the Gazprom-led gas pipeline project after eight years of close cooperation with Russian energy...
As covid-19 spread across the globe last spring, investors rushed to precious metals as a financial safe haven. Gold rose to over $2,000 by early August, up more than 30 percent...
Online platform of the Moscow innovation cluster, subordinate to the Moscow Department of entrepreneurship and innovation, received the award Digital Leaders in the category "Services for innovative enterprises".the demand for the services of the Moscow innovation cluster grew significantly...
В четырех отраслевых акселерационных программах для малого и среднего бизнеса, проведенных в этом году ГБУ «Малый бизнес Москвы», приняли участие около 200 компаний. Каждый акселератор состоял из нескольких этапов. Сначала проводился прием заявок, а также конкурсный отбор проектов. Затем —...
Nearly a quarter of household wealth in the UK belongs to the richest one percent of the country’s population, according to the latest research by Resolution Foundation, which has sounded the...
Bitcoin has made a quick start to the year, following a record-setting 2020. The world’s premier cryptocurrency has crossed the $34,000 mark for the first time ever after breaking its own...
China has vowed to take “necessary countermeasures” after the New York Stock Exchange decided to kick out three major Chinese telecom companies over Washington’s assumption that they are linked to the...