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Economy

U.S. imposes fresh Iran-related sanctions on two people, six companies
14:20, Friday, 24 January, 2020
The United States on Thursday said it blacklisted two companies based in Hong Kong, one in Shanghai and one in Dubai for helping Iran’s ...
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Spain nears life without coal sooner than anyone thought. #Bloomberg
22:50, Thursday, 23 January, 2020
From Galicia in the north to Andalucia in the south — Spain’s old coal plants are running out of steam. The Iberian nation last year cut ...
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Ukraine signed memorandum with German railway operator Deutsche Bahn
16:20, Thursday, 23 January, 2020
Ukraine has signed a Memorandum of Understanding with German railway operator Deutsche Bahn. Prime Minister of Ukraine Oleksiy Honcharuk stated ...
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Tech giants led by #Amazon, #Facebook and #Google spent nearly $500 million on lobbying in 10 years, data show. #TheWashingtonPost
15:25, Thursday, 23 January, 2020
Ten years ago, Google executives rarely spoke to Congress. Amazon employed just two of its own registered lobbyists in Washington. And Facebook had ...
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Stocks of #Boeing and its suppliers fall on reports of 737 MAX production halt
18:10, Wednesday, 22 January, 2020
The year 2019 has been pretty damaging for U.S. aircraft manufacturing giant, Boeing BA, thanks to massive commercial aircraft order cancellations ...
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Libya's NOC declares force majeure on Sharara, El Feel oilfields: document
18:25, Tuesday, 21 January, 2020
Libya’s National Oil Corp declared force majeure on crude loadings from the Sharara and El Feel oilfields, according to a document sent to ...
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Capitalism Draws Fire, Despite Strong Global Economy. #EdelmanTrustBarometer
21:25, Monday, 20 January, 2020
A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos ...
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#Shell company declared support for Nord Stream 2 despite of US sanctions  
15:45, Saturday, 18 January, 2020
Netherlandian oil and gas company Shell (one of the European partners of the Russian corporation Gazprom in the building of the gas pipeline ...
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#Bitcoin price to head for $18,000
09:20, Saturday, 18 January, 2020
With Bitcoin and the crypto market pumping again and the Bitcoin halving drawing closer, more crypto analysts and traders are expecting BTC to start ...
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Google's parent company #Alphabet reaches $1 trillion valuation
13:00, Friday, 17 January, 2020
Google's parent company Alphabet became the fourth US company to be valued at $1trillion on Thursday. The company's share price soared throughout ...
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US and China Signed the First Part of the Trade Deal
14:10, Thursday, 16 January, 2020
US President Donald Trump and Vice Premier of the People’s Republic of China Liu He signed the first package of documents as a part of a trade ...
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World’s Worst Currency Headed Even Lower, Top Forecaster Says
18:40, Tuesday, 14 January, 2020
Argentina’s peso, the world’s weakest currency for the past two years, has nowhere to go but down as the nation struggles to rein in ...
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USA Excludes China from the List of Currency Manipulators
15:15, Tuesday, 14 January, 2020
The United States decided to remove China from the list of currency manipulators. This is stated in the semi-annual report of the Ministry of ...
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#Boeing 737 Max crisis could slow US growth by a half point in 2020, Mnuchin says
15:35, Monday, 13 January, 2020
Treasury Secretary Steven Mnuchin said Sunday that Boeing’s 737 Max crisis could curb U.S. economic growth in 2020 by half a point, though he ...
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#SaudiAramco raises IPO to record $29.4 billion by over-allotment of shares. #Bloomberg
14:05, Monday, 13 January, 2020
State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, ...
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Mnuchin: We are now able to target more sectors with new sanctions
10:00, Monday, 13 January, 2020
The additional sanctions that we put on this week and the additional executive order that the president authorized gave us additional capabilities ...
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Swiss court orders Russia to pay damages to Ukrainian firms
17:05, Saturday, 11 January, 2020
The Swiss Federal Court has ordered Russia to pay CHF80 million ($82.1 million) in damages to 12 Ukrainian firms confiscated after the 2014 ...
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'Designed by clowns': #Boeing employees ridicule 737 MAX, regulators in internal messages
16:20, Friday, 10 January, 2020
Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one ...
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Global Growth: Modest Pickup to 2.5% in 2020 amid Mounting Debt and Slowing Productivity Growth
16:20, Thursday, 09 January, 2020
Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness ...
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Intel Briefing: Defence Budgets Annual Report 2019
14:45, Thursday, 09 January, 2020
This is an extract of a 60 minute live webcast available to subscribers of Jane's Intelligence Centres. Jane’s provides a series of regular 60 ...
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Oil and gold drop after Trump says Iran 'standing down'
23:00, Wednesday, 08 January, 2020
The price of oil fell sharply on Wednesday after US president Donald Trump said Iran was “standing down”. In an address to the ...
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Gold Hits 6-Year High With Goldman Backing Bullion Over Oil
14:00, Tuesday, 07 January, 2020
Gold surged to its highest since 2013 as rising tensions in the Middle East stoked demand for havens, with Goldman Sachs Group Inc. seeing more room ...
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#Washington Post: Trump administration drafting possible sanctions against Iraq
12:40, Tuesday, 07 January, 2020
Trump administration officials have started drafting possible sanctions against Iraq should US troops be expelled from the country, three people ...
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Chevron pulls oil workers from Iraq
11:00, Tuesday, 07 January, 2020
Chevron has evacuated all of its American oil workers from Iraq following last week's US airstrike in Baghdad. Chevron (CVX), America's No. 2 oil ...
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Australian Authorities Will Allocate about $ 1.4 Billion to Recover from Forest Fires
15:00, Monday, 06 January, 2020
The Australian government will allocate about $ 1.4 billion to restore areas affected by forest fires. This was announced on Monday by Prime ...
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Oil prices jump after Iran military leader killed in US strike
12:25, Friday, 03 January, 2020
Oil prices pulled higher Friday morning after a top Iranian general was killed in a US airstrike at Baghdad's airport ordered by President Donald ...
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Banks Set for Biggest Job Cull Since 2015 as Morgan Stanley Cuts
12:20, Saturday, 28 December, 2019
Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to ...
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Russia To Soon Study Possibility Of OPEC+ Withdrawal - Energy Minister
21:50, Friday, 27 December, 2019
Russia will need to gradually make a decision on withdrawing from the OPEC+ oil production cuts deal, and this possibility will soon be studied, ...
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In 2020, Georgia will receive 92.7% of gas from Azerbaijan
17:35, Friday, 27 December, 2019
Georgian Minister of Economy and Sustainable Development Natia Turnava approved the 2020 gas balance. According to the document, the projected ...
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Steven Mnuchin explains why nearly $1.5 trillion worth of $100 bills reportedly disappeared
13:00, Thursday, 26 December, 2019
Mnuchin pointed to the negative interest rates causing people to turn to American dollars as a solid investment. "The dollar is the reserve ...
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