Hasbro continued to struggle in the aftermath of Toys “R” Us’s demise, as liquidation sales damped demand for orders and finding new places for the lost business created complications.
U.S. steelmakers prevailed in their push for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.
German Finance Minister Olaf Scholz said in an interview for publication Sunday he backed a global minimum fiscal regime for multinationals as Europe looks to levy tax notably on US tech giants.
The US aims to disconnect Iran from the SWIFT global payment network as part of new economic sanctions against the Islamic Republic in November. Disconnection from network would make it difficult for Iran to get paid for exports. Read Full Article at RT.com
Some couples in India, seeking to cash in, have started selling admission tickets to their weddings to tourists wishing to attend the colorful affair. Read Full Article at RT.com
The Environment Agency (EA) is investigating suspected widespread abuse and fraud within Britain's plastics recycling industry. It will deal with complaints that firms and organized crime are abusing the system. Read Full Article at RT.com
South Korea tops the region in entrepreneurship environment with a score of 54%, according to the recently released Global Entrepreneurship Index.
Nations across the globe are beginning to suffer from waste build-up, after China stopped importing recyclable garbage this year. Japan has become the latest country reporting severe recycling industry overload. Read Full Article at RT.com
Europe should stop backing a Russia-led project to deliver natural gas to the continent, according to US Assistant Secretary of State for European and Eurasian Affairs Wess Mitchell. However, not all the European nations agree. Read Full Article at RT.com
Viacom is rebooting MTV’s “The Real World” franchise for Facebook, the latest sign that the cable-TV giant has stopped fighting the growing dominance of digital players like Netflix and is instead producing shows—and soon movies—for them.
An exacerbated workforce crunch for makers of warships, jet fighters and cybersecurity systems is forcing them to resort to workarounds to finish Pentagon orders.
Farmers from South Africa will visit the Russian peninsula of Crimea to exchange experience in winemaking, as they face the possibility of losing their farms as part of their country's land reform. Read Full Article at RT.com
Kiev has announced that Ukrainians will have to pay nearly 25 percent more for gas starting from November. The decision follows an agreement with the International Monetary Fund that demands increases as part of aid program. Read Full Article at RT.com
Countries around the world are turning to gold as uncertainty about the global economy rises. Trade wars and the aggressive policies of the United States are making emerging economies withdraw from dollar assets, analysts told RT. Read Full Article at RT.com
Despite progress in reducing extreme poverty, the number of poor worldwide is still “unacceptably high,” according to a World Bank report, which showed that billions of people still struggle to meet basic needs. Read Full Article at RT.com
JPMorgan Chase announced Friday that it will open a new campus for financial technology, or «fintech,» in Silicon Valley in 2020, staffed by more than 1,000 workers.
Foreign banks will soon be able to become part of Russia's money transfer network which serves as an alternative to the traditional SWIFT (Society for Worldwide Interbank Financial Telecommunication) system. Read Full Article at RT.com
Russia is currently in talks with US energy major ExxonMobil over new oil and gas projects as Washington considers new sanctions against the country, unnamed sources in the Russian government told Bloomberg. Read Full Article at RT.com
An unprecedented volume of Iranian crude oil is set to arrive at China’s northeast port of Dalian this month and in early November before US sanctions on Iran take effect. Read Full Article at RT.com
Local authorities in the South African city of Ekurhuleni are set to begin expropriating privately owned land, without paying for it, as part of a national test case for the country’s controversial land reform program. Read Full Article at RT.com
China's economy grew at its slowest pace in nine years in the third quarter, as a campaign to tackle mounting debt and trade frictions with the US had an effect.
Viá»tÂ Namâs trade as a percentage of gross domestic product (GDP) reached over 200 per cent in 2017, the highest level for any country with over 50 million people in the World Bankâs data set, which goes back to 1960.
Indonesia is set to take part in the Future Investment Initiative (FII) Conference in Riyadh, Saudi Arabia, from Oct 23 to 25, according to Investment Coordinating Board (BKPM) head Thomas Lembong.
Sanctions are forcing Russia to find alternative settlement currencies to the US dollar to ensure the security of the country's economy, according to President Vladimir Putin. Read Full Article at RT.com
The Central Bank of Russia has continued getting rid of US Treasury bonds in August. The share of Russian investments in American debt is getting close to zero. Read Full Article at RT.com
Russia’s Ministry of Economic Development said on Thursday that Moscow and Beijing are working on an inter-governmental agreement to boost the use of the ruble and yuan in mutual trade settlements. Read Full Article at RT.com