Business

Aluminum Prices Skyrocket on News of Guinea Coup

The West African nation of Guinea has up to one quarter of the world’s known reserves of bauxite, a key raw material used to make...

Nord Stream 2 Construction to Wrap Up ‘Next Week’ - OMV...

MOSCOW (Sputnik) - The Nord Stream 2 gas pipeline project will likely be completed this month, Rainer Seele, the head of the Austrian...

Bitcoin Price Surpasses $51,000 for First Time Since Mid-May

MOSCOW (Sputnik) - The price of the Bitcoin cryptocurrency surpassed the $51,000 mark in the early hours of Monday, for the first...

Iraq Inks $27 Billion Investment Deal With TotalEnergies...

MOSCOW (Sputnik) - The Iraqi government and French oil and gas company TotalEnergies have signed a $27 billion investment deal to...

Kremlin Dismisses Ukrainian President’s Claims That Nord...

During his visit to Washington last week for talks with President Biden, Ukrainian President Volodymyr Zelensky said that the two...

Big Tech Wins on Wall Street as Dismal US Jobs Knock off...

NEW YORK (Sputnik) - Wall Street’s tech sector had its biggest winning week since mid-July after a dismal US jobs report on Friday...

Russia Reports Record Gold and Foreign Currency Reserves...

The International Monetary Fund doled out some $650 billion in special drawing rights (SDR) no-interest loans to its members last...

Putin Addresses Sixth Eastern Economic Forum in Russia's...

Since 2015, businessmen, entrepreneurs, politicians, and diplomats have gathered annually in the Russian city of Vladivostok to discuss...

India’s Cooperation With Russia in Healthcare is Step Forward...

The first day of the Eastern Economic Forum has wrapped up in the Russian city of Vladivostok. The event, aimed at improving cooperation...

REC Outlines the Main Challenges of the EEF-2021

The Far East is one of the most interesting Russian regions for export development. It has an advantageous geographical location,...

Russia, Japan to Cooperate in Field of Sustainable Energy...

VLADIVOSTOK, Russia, September 2 (Sputnik) - Russian Energy Minister Nikolay Shulginov and Japanese Economy Minister Hiroshi Kajiyama...

Japanese Prime Minister Not Invited to Eastern Economic...

TOKYO, (Sputnik) - Japanese Prime Minister Yoshihide Suga will not attend the Eastern Economic Forum (EEF) in Russia as he has not...

Google to Challenge $590Mln Fine Imposed by France, Reports...

MOSCOW (Sputnik) - Google will challenge a 500 million euro ($591 million) fine slapped by the French antitrust regulator in July...

Japan’s Delegation to Attend Eastern Economic Forum in...

MOSCOW, (Sputnik) - Japan’s delegation will participate in the VI Eastern Economic Forum (EEF), which is scheduled to take place from...

Heads of Foreign Universities Expected at Education Conference...

VLADIVOSTOK, 27 (Sputnik) - University rectors from Australia, South Korea, Vietnam, Japan, China plan to take part in an international...

Russian Hydrogen-Fueled Aurus to Be Showcased at Eastern...

MOSCOW, Sputnik) - Russia's first hydrogen-powered luxury car Aurus will be showcased at the 2021 Eastern Economic Forum (EEF) in...

Over 70% Eastern Economic Forum Organizers Vaccinated Against...

VLADIVOSTOK, (Sputnik) - Seventy-four percent of people involved in organizing the Eastern Economic Forum (EEF), which is set to open...

Nord Stream 2 Makes Russia, EU Mutually Dependent, German...

MOSCOW (Sputnik) - The Nord Stream 2 pipeline project makes the EU and Russia equally dependent, German diplomat Christoph Heusgen,...

Vladivostok Airport Expects Over 50 Business Flights With...

VLADIVOSTOK (Sputnik) - Vladivostok international airport is gearing up for receiving more than 50 business flights carrying guests...

Chinese, Argentine, Indian Leaders to Partake in Russia's...

MOSCOW (Sputnik) - The leaders of China, Argentina, India and Thailand will deliver video speeches at the Eastern Economic Forum (EEF),...

US Blue-Chip, Tech Stocks Hit Record Highs as Fed Evades...

WASHINGTON (Sputnik) - Blue-chip and tech stocks on Wall Street hit record highs on Friday, notching their best in five weeks, as...

China Reportedly Planning to Ban User Data-heavy Tech Giants...

New financial rules and the closing of regulatory loopholes in both China and the US have already put over $2 trillion in Chinese...

Russian Film and IT Organisations to Receive Subsidies...

The Ministry of Economic Development and Russian Export Centre (REC) have green-lighted a provision of grants to Russian film and...

Estimated Four-Fifths of Afghanistan’s Budget Has Disappeared...

The Taliban* marched into Kabul on 15 August, taking control of the Afghan capital two weeks before the last of US troops were set...

'Agro Express' Trains Set to Travel Between Russia and...

Moscow and Tashkent have agreed to set up the railway project to speed up the delivery of agricultural goods between Russia and Uzbekistan.

Pfizer Developing Specialized Vaccine Targeting Delta Variant...

On Monday, the COVID-19 vaccine developed by Pfizer and BioNTech became the first vaccine of its kind to receive full approval from...

Bitcoin Price Surpasses $50,000 For First Time Since May...

MOSCOW (Sputnik) - The price of the Bitcoin cryptocurrency went up over 2.5 percent in the early hours of Monday, briefly surpassing...

'Like Strip Club Pivoting to Focus on Chicken Wings': OnlyFans...

OnlyFans, a UK-based content subscription service, has made a name for itself, and reportedly hundreds of millions of dollars in revenue,...

UK Authorities Intervene to Freeze US Hedge Fund’s Buyout...

The intervention comes amid reports that a number of British companies in the defence sector have already been sold or are in the...

Gas Prices in Europe Temporarily Tumble by Double Digits...

The joint Russian-European energy megaproject has entered the final stages of construction, and when complete will double the 55 billion...

Russia's Hermitage Notifies NFT Platform of Rammstein Vocalist's...

ST.PETERSBURG (Sputnik) - Russia's Hermitage Museum, which previously accused Rammstein vocalist Till Lindemann of violating its copyrights...

Western Business Media Fume as China Unveils Five-Year...

Chinese regulators have gradually worked to close taxation loopholes and improve regulatory regimes in recent years, particularly...

US Blue Chip, Industrial Stocks Hit Record Highs Wednesday...

NEW YORK (Sputnik) - US blue chip and industrial stocks hit a record high on Wednesday, their second in three days, after underwhelming...

US 'Has Made Clear' to OPEC That Agreement on Reduced Oil...

The 13-member Organization of the Petroleum Exporting Countries and its 'OPEC Plus' partners, which include other major oil producers...

OPEC+ Has Not Yet Discussed US’ Call to Increase Oil Output,...

MOSCOW (Sputnik) - OPEC+ nations have not yet discussed Washington’s plan to call on the alliance of oil-exporting countries to increase...

Bill Gates Slides to 5th Place on Forbes List of World’s...

MOSCOW (Sputnik) - US billionaire entrepreneur and Microsoft founder Bill Gates has lost his spot as the fourth-richest person in...

Bitcoin Reaches 3-Month High at $45,791 Per BTC After Major...

The popular cryprocurrency rallied last year, reaching an all-time peak of $63,346 per coin by the middle of April 2021, before suffering...

Bitcoin Reaches Highest Price Since Mid-May at $44,500...

MOSCOW (Sputnik) - The price of Bitcoin continues to rise, hitting the highest level since mid-May at over $44,000 despite fears that...

US Business Groups Reportedly Urge Biden to Revive Trade...

MOSCOW (Sputnik) - A group of influential US entrepreneurs from different sectors have appealed to the administration of President...

‘Single Window’ to Provide Maximum Comfort for Exporters,...

The purpose of the “Single Window” system created for Russian exporters is to jettison paper and scans, enabling data exchange between...

REC to Teach Teams From 15 Russian Regions How to Boost...

The Russian Export Centre's special education programme to improve the export capabilities of management teams in the Russian districts...

Ukraine's Loss of Status as 'Biden’s Darling' Doomed Fight...

The Biden administration signed an agreement with outgoing German Chancellor Angela Merkel last month to allow for the unhindered...

Emergency Cash-Saving Measures Enacted to Stop US From...

Congress pumped over $6 trillion in cash into the economy over the past year-and-a-half in response to the coronavirus pandemic, with...

Zoom Reportedly Agrees to Pay $85Mln to Settle User Privacy...

WASHINGTON (Sputnik) - Zoom Video Communications agreed to pay $85 million to settle a collective claim on an alleged user privacy...

$2 Trln in Chinese Wall Street Listings Could Be Swept...

Chinese companies began a careful foray into the US stock market in the early 2000s, tantalized by the prospects of picking easy cash...

Polish Government Officially Admits ‘With Sadness’ That...

As Washington’s foremost ally in Eastern Europe, Warsaw has spent years leading an intra-European effort to try to stop Nord Stream...

US Stocks Slump, Snapping 5-Day Rally Ahead of Federal...

NEW YORK (Sputnik) - US stocks slumped on Tuesday, snapping a five-day rally and a record-high run, as caution seeped in ahead of...

US Stocks Hit Record Highs in Anticipation of Big Tech...

NEW YORK (Sputnik) - Stocks on Wall Street extended record highs from last week, with all the three main indices hitting new peaks...

Intel CEO Believes Chip Deficiency May Stretch Up to 2023,...

The deficit, which has slowed auto production and disrupted supply chains in a variety of industries, including cellphones and consumer...

US-Owned Firm’s $3.5 Bln Takeover Bid for UK Defence Manufacturer...

Ultra Electronics manufactures key defence equipment for the UK Armed Forces as it remains world leader in making sophisticated submarine-detecting...

Dow Jones Hits 35,000 First Time Ever as US Stock Indexes...

NEW YORK (Sputnik) - Wall Street’s Dow Jones Industrial Average on Friday crossed 35,000 points for the first time ever while other...

Critics of Nord Stream 2 Overlook True History Behind Gas...

WASHINGTON (Sputnik) - Much of criticism toward the Nord Stream 2 pipeline stems from poor knowledge of realities and history of gas...

Tesla Head Elon Musk Says Electric Carmaker Will Likely...

WASHINGTON (Sputnik) - Tesla will likely begin accepting again Bitcoin as a payment method for the electric cars it sells, Chief Executive...

Battle for Venezuelan Gold Heads to UK Supreme Court as...

The failure of the January 2019 Venezuelan coup attempt by opposition leader Juan Guaido prompted the US and its Latin American and...

Brent Crude Drops Below $70 Per Barrel First Time Since...

MOSCOW (Sputnik) - Global oil prices are falling by 5% on Monday, with Brent crude dropping below $70 per barrel for the first time...

US Stocks Plunge on COVID Resurgence, Growth Worry; Key...

NEW YORK (Sputnik) - US stocks on Monday extended their selloff from last week, with key indices falling about 2 percent each, as...

Russian Ship Building Nord Stream 2 Ditches Danish Waters,...

Construction of the $10.5 billion, 1,230 km energy mega-infrastructure project is proceeding apace and is expected to wrap up in August....

OPEC+ Extends Production Cut Pact to 2022, Agrees to Begin...

Earlier this month, the United Arab Emirates unilaterally rejected a Saudi proposal to extend oil production cuts agreed in April...

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