As Russian scientists boast about the high efficacy and low price of their pioneering Sputnik V vaccine, the race for a Covid-19 cure in other
Read more
Category: World Business
General Business News 24 hours a day
Chinese buyers of American soybeans to call off contracts as processing margins collapse
Chinese soybean importers and processors are planning to cancel deals signed for US cargoes for December and January shipment, Reuters reported, citing its trade sources.
Read more
From Russia with wheat: Exports by global grain superpower on track to hit record high
The volume of global wheat exports from Russia in the 2020-2021 agricultural year (which started July 1) is set to approach the historical record level
Read more
Russian nuclear-powered icebreaker completes maiden Arctic voyage to the Northern Sea Route
Russia’s newest nuclear-powered icebreaker, the Arktika, has completed its first Arctic mission to the Northern Sea Route (NSR), according to the country’s nuclear icebreaker fleet
Read more
China’s digital economy exceeds $5 TRILLION in 2019
A new report by the Chinese Academy of Cyberspace Studies showed the nation’s digital economy reached 35.8 trillion yuan ($5.45 trillion) last year, accounting for
Read more
India likely to hold off on joining world’s largest free-trade agreement in favor of bilateral deals, expert says
New Delhi is unlikely to join the major free-trade agreement that unites 15 regional economies led by China and Japan. The world’s fifth-biggest economy will
Read more
Fed’s Covid cure far more harmful to US economy than the disease – Peter Schiff
The coronavirus pandemic isn’t making the US economy sick, but all of the Federal Reserve’s stimulus and money printing does, says economist Peter Schiff. And
Read more
Dow Jones breaks 30,000 milestone for first time as stocks soar amid vaccine hopes and formal start of Biden transition
The Dow Jones Industrial Average breached the 30,000-mark for the first time ever on Tuesday, as optimism soared on Wall Street amid hopes of three
Read more
Trump tries to corner Beijing… but what does Australian wine have to do with it? RT’s Boom Bust finds out
While the Donald Trump presidency may be ending, his administration is still taking hard-line measures to derail the Chinese economy. Now, over Australian wine imports.
Read more
Boeing’s troubled 737 MAX could soon return to European skies after deadly crashes
European Union Aviation Safety Agency (EASA) published a proposed airworthiness directive on Tuesday that could see Boeing’s 737 MAX aircraft cleared within weeks after a
Read more