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Belt and Road to make Russia-China trade more balanced – experts to RT

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Russia and China complement one another economically, according to political scientist Joseph Cheng. He said the two countries’ trade could become even more balanced with the help of the Belt & Road Initiative. Speaking to RT ahead of Russian President Vladimir Putin’s arrival to Beijing on Thursday, he said that Russia’s role is very important, Read More

‘Lay-off our spuds!’ PepsiCo slammed for suing Indian farmers over potatoes

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Snack giant PepsiCo’s Indian subsidiary is suing nine farmers in the state of Gujarat, telling them to lay-off growing a type of spud used in its popular brand of potato chips. Advocacy groups, meanwhile, have vowed to bite back. The potato farmers, who tend plots averaging 3-4 acres in size, stand accused by the US Read More

How much of the EU does China own? RT’s Boom Bust is here with the answer

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China’s investments in the EU have seen a significant surge over the past decade. Nearly 9.5 percent of the bloc’s foreign-owned firms have their ownership based in China, Hong Kong, and Macau, up from 2.5 percent in 2007. Chinese entities reportedly operate, partially or wholly, at least four airports, six seaports, wind-farms in nine countries Read More

U.S. weekly jobless claims post biggest rise in 19 months

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FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston, Massachusetts, U.S., May 1, 2017. REUTERS/Brian Snyder WASHINGTON, (Reuters) – The number of Americans filing applications for unemployment benefits increased by the most in 19 months last week, but the underlying trend continued to Read More

Trump’s widening OPEC fight puts Saudi oil capacity in spotlight

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By Grant Smith on 4/25/2019 LONDON (Bloomberg) — The biggest threat to President Donald Trump’s hopes for low gasoline prices is his growing entanglement in the politics of OPEC nations. The White House plans to choke off oil exports from Iran without triggering a spike in prices largely by getting Saudi Arabia, the only OPEC Read More

Fed done raising rates; cut by end-2020 growing more likely: Reuters poll

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BENGALURU (Reuters) – The U.S. Federal Reserve is done raising interest rates until at least the end of next year, while about a third of economists polled by Reuters who had a view that far out predicted at least one rate cut by then. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured Read More

GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution

4 hours ago DieselGasoil Comments Off on GasLog Partners LP Reports Financial Results for the Three-Month Period Ended March 31, 2019 and Declares Cash Distribution
Monaco, April 25, 2019 (GLOBE NEWSWIRE) — GasLog Partners LP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended March 31, 2019. Highlights ·Announced and, post quarter-end, completed the acquisition of the GasLog Glasgow from GasLog Read More

Wall Street bankers make triumphant return to Saudi Arabia just in time for mass beheadings

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Global finance leaders, who boycotted the Saudi investment summit last year over the murder of journalist Jamal Khashoggi, have returned to Riyadh despite the beheadings of dozens of people this week. Big investors, particularly from Wall Street, joined panels at the two-day financial forum which began on Wednesday in Riyadh. Larry Fink, CEO of US Read More

Ford Motor puts $500 million into electric pickup producer Rivian

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(Reuters) – Ford Motor said on Wednesday it was investing $500 million in U.S. electric pickup truck startup Rivian Automotive LLC, becoming the latest deep pocket investor in the firm, which is seen as a potential rival to Silicon Valley’s Tesla Inc (TSLA.O). FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric Read More

Huawei: Why UK is at odds with its cyber-allies

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After months of uncertainty, the UK appears set to allow Huawei’s telecoms equipment to be part of the country’s 5G networks – with some limitations. The move would put the UK at odds with the US, which has been pressing other nations to ban use of the Chinese firm’s kit on security grounds. It could Read More