The second-largest US lender, Bank of America, has warned that the “extreme rally” seen after the market crash triggered by the pandemic formed a bubble in asset prices, and it […]
Business News (Russia)
Trending topics and news from the Business News (Russia) category
Back to news homeApple & Hyundai to start production of self-driving electric ‘iCar’ in 2024 – reports
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 […]
US dollar demise will soon be attributed to bitcoin rise – Max Keiser
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 […]
Will oil demand recover in 2021?
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. Oil prices […]
Easy come, easy go: Bitcoin plunges back under $30,000 after eye-popping New Year rally
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. […]
Oil rises to multi-month highs as OPEC+ likely to follow current production policy
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 […]
Russian stock market at all-time high as ruble shows stable growth
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, […]
De-dollarization in overdrive: Russia & China boost settlements in national currencies to 25%
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 […]
Norwegian company turns its back on Nord Stream 2 under threat of US sanctions
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 […]
How gold, silver and platinum are used in the battle against Covid-19
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 […]