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Small Asian nation dumps dollar & yuan for gold amid growing global trade hostilities

China’s neighbor Kyrgyzstan has been piling up gold reserves as a hedge against a possible trade war between Beijing and Washington. Read Full Article at RT.com
RT Business

Small Asian nation dumps dollar & yuan for gold amid growing global trade hostilities

China’s neighbor Kyrgyzstan has been piling up gold reserves as a hedge against a possible trade war between Beijing and Washington. Read Full Article at RT.com

China can hurt America in trade war six ways from Sunday

The threat of a full-scale trade war between the US and China has dominated the news in recent weeks. The countries have exchanged import tariffs on each other's goods, and are threatening further protective steps. Read Full Article at RT.com
RT Business

China can hurt America in trade war six ways from Sunday

The threat of a full-scale trade war between the US and China has dominated the news in recent weeks. The countries have exchanged import tariffs on each other's goods, and are threatening further protective steps. Read Full Article at RT.com

Russia prepares for production of iconic Soviet-era megaplane

Ulyanovsk-based plane maker Aviastar-SP has announced a competition to evaluate its capability to resume production of the An-124 ‘Ruslan’ heavy transport aircraft. Read Full Article at RT.com
RT Business

Russia prepares for production of iconic Soviet-era megaplane

Ulyanovsk-based plane maker Aviastar-SP has announced a competition to evaluate its capability to resume production of the An-124 ‘Ruslan’ heavy transport aircraft. Read Full Article at RT.com

Benetton condemned for using rescued migrants in adverts

French charity SOS Mediterranee has lashed out at clothing giant Benetton over an advertising campaign featuring a photograph of migrants being rescued at sea.
NationMultimedia.com - business

Benetton condemned for using rescued migrants in adverts

French charity SOS Mediterranee has lashed out at clothing giant Benetton over an advertising campaign featuring a photograph of migrants being rescued at sea.

China cuts US investments by 92% amid escalating trade war

The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies. Read Full Article at RT.com
RT Business

China cuts US investments by 92% amid escalating trade war

The US market saw a significant plunge in investment from China in the first five months of the year amid a growing trade row between the world's two largest economies. Read Full Article at RT.com

South Korea wants railroad link to Russia through North Korea

Seoul, Moscow and Pyongyang can implement several major trilateral infrastructure and energy projects if stability is reached on the Korean peninsula, according to South Korean President Moon Jae-in. Read Full Article at RT.com
RT Business

South Korea wants railroad link to Russia through North Korea

Seoul, Moscow and Pyongyang can implement several major trilateral infrastructure and energy projects if stability is reached on the Korean peninsula, according to South Korean President Moon Jae-in. Read Full Article at RT.com

Russia to retaliate against US steel & aluminum tariffs – economy minister

Moscow will seek to retaliate against Washington’s unilaterally imposed steel & aluminum tariffs against Russia and other producers, said Russian Economic Development Minister Maksim Oreshkin. Read Full Article at RT.com
RT Business

Russia to retaliate against US steel & aluminum tariffs – economy minister

Moscow will seek to retaliate against Washington’s unilaterally imposed steel & aluminum tariffs against Russia and other producers, said Russian Economic Development Minister Maksim Oreshkin. Read Full Article at RT.com

Australian telecom giant Telstra to axe 8,000 jobs

Australia's dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs -- a quarter of its workforce -- as part of a drastic new strategy to cope with an increasingly competitive industry.
NationMultimedia.com - business

Australian telecom giant Telstra to axe 8,000 jobs

Australia's dominant telecommunications company Telstra Wednesday announced plans to axe 8,000 jobs -- a quarter of its workforce -- as part of a drastic new strategy to cope with an increasingly competitive industry.

Russia dumped US treasuries to keep reserves safe – central bank

The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country's reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds. Read Full Article at RT.com
RT Business

Russia dumped US treasuries to keep reserves safe – central bank

The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country's reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds. Read Full Article at RT.com

The Other Yield Curve Investors Should Watch as Trouble Mounts

Escalating trade tensions have helped push the U.S. Treasury yield curve to its flattest in more than a decade. But another curve deserves attention—and it is getting steeper.
WSJ.com: Markets

The Other Yield Curve Investors Should Watch as Trouble Mounts

Escalating trade tensions have helped push the U.S. Treasury yield curve to its flattest in more than a decade. But another curve deserves attention—and it is getting steeper.

Escalating trade war between US & China sends shock waves through markets

Global stocks crashed on Tuesday after US President Donald Trump threatened another 10-percent tariff on $200 billion of Chinese imports in response to Beijing’s retaliation for the previous package of levies imposed by the US. Read Full Article at RT.com
RT Business

Escalating trade war between US & China sends shock waves through markets

Global stocks crashed on Tuesday after US President Donald Trump threatened another 10-percent tariff on $200 billion of Chinese imports in response to Beijing’s retaliation for the previous package of levies imposed by the US. Read Full Article at RT.com

When Past Performance Actually Is a Guide to Future Results

Past performance isn’t necessarily a guide to the future. Investors in public stock markets and mutual funds have heard this for years, and academics have shown it to be true. But it isn’t so in private markets.
WSJ.com: Markets

When Past Performance Actually Is a Guide to Future Results

Past performance isn’t necessarily a guide to the future. Investors in public stock markets and mutual funds have heard this for years, and academics have shown it to be true. But it isn’t so in private markets.

Ignore the OPEC Drama, More Oil Is Coming

OPEC is back to its squabbling ways. But investors who are bidding up oil prices in the expectation of a split are misunderstanding both the history of the cartel and the current state of the oil market.
WSJ.com: Markets

Ignore the OPEC Drama, More Oil Is Coming

OPEC is back to its squabbling ways. But investors who are bidding up oil prices in the expectation of a split are misunderstanding both the history of the cartel and the current state of the oil market.

Can't Anyone Here Cook Anymore?

Delivery apps like Grubhub, meal kits and takeout are a rising threat to supermarkets like Kroger and Walmart and packaged food companies like Kraft Heinz
WSJ.com: Markets

Can't Anyone Here Cook Anymore?

Delivery apps like Grubhub, meal kits and takeout are a rising threat to supermarkets like Kroger and Walmart and packaged food companies like Kraft Heinz

Tokyo's Nikkei index down more than 1.7 percent over trade row

Tokyo's benchmark Nikkei index dropped more than 1.7 percent on Tuesday, with investors jittery over US-China trade tensions and a strong yen.
NationMultimedia.com - business

Tokyo's Nikkei index down more than 1.7 percent over trade row

Tokyo's benchmark Nikkei index dropped more than 1.7 percent on Tuesday, with investors jittery over US-China trade tensions and a strong yen.

Asian, European stocks plunge as China-US trade war fears brew

Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.
NationMultimedia.com - business

Asian, European stocks plunge as China-US trade war fears brew

Hong Kong and Shanghai stocks led a sell-off across Asian and European markets Tuesday on rising trade war fears after Donald Trump threatened fresh tariffs on Chinese imports and Beijing warned of countermeasures.

Bitcoin could 'bring internet to a halt': BIS

The Bank for International Settlements in a report warned digital currencies like bitcoin could overwhelm and break the internet if they continue to grow.
NationMultimedia.com - business

Bitcoin could 'bring internet to a halt': BIS

The Bank for International Settlements in a report warned digital currencies like bitcoin could overwhelm and break the internet if they continue to grow.

China accuses Trump of 'blackmail' after new tariffs threat

Beijing on Tuesday accused Donald Trump of «blackmail» and warned it would retaliate in kind after the US president threatened to impose fresh tariffs on Chinese goods, pushing the world's two biggest economies closer to a trade war.
NationMultimedia.com - business

China accuses Trump of 'blackmail' after new tariffs threat

Beijing on Tuesday accused Donald Trump of «blackmail» and warned it would retaliate in kind after the US president threatened to impose fresh tariffs on Chinese goods, pushing the world's two biggest economies closer to a trade war.

US Senate votes to reimpose ban on China's ZTE, shares plunge

The US Senate defied President Donald Trump on Monday by voting to overrule his administration's deal with Chinese telecom firm ZTE and reimpose a ban on hi-tech chip sales to the company.
NationMultimedia.com - business

US Senate votes to reimpose ban on China's ZTE, shares plunge

The US Senate defied President Donald Trump on Monday by voting to overrule his administration's deal with Chinese telecom firm ZTE and reimpose a ban on hi-tech chip sales to the company.

Hit ‘em where it hurts: Chinese tariffs target American nuts & hundreds of other products

In an attempt to kick Washington in its natural resources, Beijing has revealed a list of US goods set to be affected by the first round of retaliatory tariffs that will come into effect on July 6. Read Full Article at RT.com
RT Business

Hit ‘em where it hurts: Chinese tariffs target American nuts & hundreds of other products

In an attempt to kick Washington in its natural resources, Beijing has revealed a list of US goods set to be affected by the first round of retaliatory tariffs that will come into effect on July 6. Read Full Article at RT.com

China can substitute US oil with Iranian crude to ‘infuriate Trump’ – analyst

Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales. Read Full Article at RT.com
RT Business

China can substitute US oil with Iranian crude to ‘infuriate Trump’ – analyst

Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales. Read Full Article at RT.com

Asian equities hit as Trump tariffs spark trade war fears

Fresh fears of a trade war between the world's top two economies sent most Asian markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports.
NationMultimedia.com - business

Asian equities hit as Trump tariffs spark trade war fears

Fresh fears of a trade war between the world's top two economies sent most Asian markets tumbling on Monday after the United States and China imposed tit-for-tat tariffs on billions of dollars of imports.

Google to invest $550 million in China e-commerce giant JD.com

Google will invest more than half a billion dollars in China's second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said Monday.
NationMultimedia.com - business

Google to invest $550 million in China e-commerce giant JD.com

Google will invest more than half a billion dollars in China's second-largest e-commerce company JD.com as part of a move to expand retail services around the world, the companies said Monday.

Are the Tax Cuts Working? What to Watch in 12 Charts

How well is the tax cut working? Here are a dozen gauges that help reveal how well the changes are aiding businesses, workers and the broader economy.
WSJ.com: US Business

Are the Tax Cuts Working? What to Watch in 12 Charts

How well is the tax cut working? Here are a dozen gauges that help reveal how well the changes are aiding businesses, workers and the broader economy.

Audi CEO Arrested in Emissions-Cheating Probe

The CEO of Volkswagen’s luxury brand Audi was arrested in connection with an investigation of his role in the German car maker’s diesel emissions-cheating scandal.
WSJ.com: US Business

Audi CEO Arrested in Emissions-Cheating Probe

The CEO of Volkswagen’s luxury brand Audi was arrested in connection with an investigation of his role in the German car maker’s diesel emissions-cheating scandal.

How a Florida Utility Became the Global King of Green Power

NextEra became a wind and solar Goliath almost entirely under the radar, using tax subsidies to help finance projects around the country. It has avoided debt and the kind of claims of altruistic motives common among some renewable-energy companies.
WSJ.com: US Business

How a Florida Utility Became the Global King of Green Power

NextEra became a wind and solar Goliath almost entirely under the radar, using tax subsidies to help finance projects around the country. It has avoided debt and the kind of claims of altruistic motives common among some renewable-energy companies.

Disney Tests Pricing Power at Theme Parks

After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299.
WSJ.com: US Business

Disney Tests Pricing Power at Theme Parks

After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland—for $299.

India, China look to form ‘Oil Buyers Club’

India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries. Read Full Article at RT.com
RT Business

India, China look to form ‘Oil Buyers Club’

India and China have discussed creating an ‘oil buyers’ club’ to be able to negotiate better prices with oil exporting countries. Read Full Article at RT.com

Russian corporations ditching London for Moscow amid expanding sanctions

After the London Stock Exchange (LSE) suspended share trading of sanctioned energy conglomerate EN+Group, other Russian firms are thinking of scrapping their stock listings in the UK in favor of the Moscow Stock Exchange (MOEX). Read Full Article at RT.com
RT Business

Russian corporations ditching London for Moscow amid expanding sanctions

After the London Stock Exchange (LSE) suspended share trading of sanctioned energy conglomerate EN+Group, other Russian firms are thinking of scrapping their stock listings in the UK in favor of the Moscow Stock Exchange (MOEX). Read Full Article at RT.com

Russia holds less US debt than Bermuda after dumping half its holdings

Moscow will continue dumping US debt, according to analysts who spoke to RT. Latest US Treasury Department data shows Russia cut its holdings by half in April. Read Full Article at RT.com
RT Business

Russia holds less US debt than Bermuda after dumping half its holdings

Moscow will continue dumping US debt, according to analysts who spoke to RT. Latest US Treasury Department data shows Russia cut its holdings by half in April. Read Full Article at RT.com

Audi boss arrested in Germany over diesel emissions scandal

Munich prosecutors have arrested Rupert Stadler, the head of Volkswagen’s luxury arm Audi over his alleged participation in the automaker’s emissions test cheating scandal three years ago. Read Full Article at RT.com
RT Business

Audi boss arrested in Germany over diesel emissions scandal

Munich prosecutors have arrested Rupert Stadler, the head of Volkswagen’s luxury arm Audi over his alleged participation in the automaker’s emissions test cheating scandal three years ago. Read Full Article at RT.com

Bitcoin can cause massive internet shutdown – report

Only supercomputers will be able to process cryptocurrencies in nearest future, and transactions can lead to an internet collapse, according to a recent report by Swiss-based Bank for International Settlements (BIS). Read Full Article at RT.com
RT Business

Bitcoin can cause massive internet shutdown – report

Only supercomputers will be able to process cryptocurrencies in nearest future, and transactions can lead to an internet collapse, according to a recent report by Swiss-based Bank for International Settlements (BIS). Read Full Article at RT.com

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