The chief executive of Russia’s largest gold producer Polyus, Pavel Grachev, has warned that the country’s gold deposits are being depleted, with mining firms expected to exhaust their resource portfolios […]
Business News (Russia)
Trending topics and news from the Business News (Russia) category
Back to news homeRuble shrugs off global turbulence to become the only gainer among EM rivals
The Russian national currency, the ruble, was reportedly the only emerging-market currency to appreciate against the US dollar despite Washington’s threat of expanded curbs on purchasing the country’s state debt. […]
Global thirst for oil won’t diminish until 2045, OPEC says
Oil demand will grow sharply in the next few years as economies recover from the Covid-19 pandemic, the Organization of the Petroleum Exporting Countries (OPEC) said this week in its […]
British PM Johnson expects fuel, gas & food crunch to linger until Christmas
The shortage of heavy-goods vehicles (HGV) that has recently hit Britain, with petrol stations running out of fuel and shops running out of food, may last until Christmas, according to […]
Europe & China DID NOT request boost in Russian coal supplies – Energy Ministry
Moscow has not received requests for increased coal exports from the EU or China, Russia’s Energy Ministry says, brushing off media reports to the contrary. “The Russian Energy Ministry has […]
Keiser Report finds out why JPMorgan chief is backtracking on his criticism of bitcoin
After years of calling bitcoin a fraud, JPMorgan CEO Jamie Dimon did a complete 180 this week in regard to his view of the world’s most popular cryptocurrency. He now […]
China discovers HUGE offshore oil deposit in Bohai Bay
China’s state-owned oil and gas corporation China National Offshore Oil Corporation (CNOOC) has discovered a major oil field in Bohai Bay, the company said in a statement on Thursday. “The […]
Boom Bust looks into Facebook’s ‘toxic’ Instagram Kids project
Facebook said this week it is “pausing” its Instagram Kids project in order to “work with parents, experts and policymakers to demonstrate the value and need for this product.” The […]
‘Street brawl’ between France & AUKUS part of de-dollarization & deglobalization trend – RT’s Keiser Report
The new AUKUS submarine pact between the US, UK and Australia, which saw France lose a major ship-building deal with Canberra last week, has led to a verbal fire exchange […]
European gas prices smash historic high
Natural gas prices in Europe hit record highs in Tuesday’s trading, exceeding $1,000 per 1,000 cubic meters for the first time in history, data from the Intercontinental Exchange (ICE) shows. […]