Business

Russia’s Deputy Prime Minister Maxim Akimov said on Friday that the ongoing U.S.-China trade war entail risks for the Russian economy, as it will affect the global economy, ANI news agency reports. “The U.S.-China trade […]

Follow

Effects from a recent flurry of diplomacy between Moscow and Washington cannot be expected immediately but may yield results in the long run, the CEO of the U.S.-Russia Business Council Daniel Russell told pro-Kremlin news […]

Follow

The pressure on Huawei’s global business is growing as foreign partners back away from the Chinese maker of networking equipment and smartphones in the face of U.S. restrictions, Wall Street Journal informs. U.K.-based chip design […]

Follow

President Donald Trump said Thursday that he would return steel tariffs on Turkey to their August 2018 levels, announcing a reduction from 50 percent to 25 percent. He confirmed the tariff cut in a White […]

Follow

The majority of solar cells being produced at Tesla’s factory in upstate New York are being sold overseas instead of being used in the company’s trademark “Solar Roof” as originally intended, according to documents reviewed […]

Follow

President Donald Trump’s top economic advisor, Larry Kudlow, told Fox News on Sunday that they expected China to retaliate against the U.S.’ latest move to increase tariffs on some Chinese products from 10 to 25 […]

Follow

President Donald Trump’s administration increased tariffs on some Chinese imports, which went in effect on Friday, putting the economy and his 2020 reelection bid in risk. The move will also escalate the already heated trade […]

Follow

Saudi Arabia plans to meet all requests for oil purchases it has received for June, notably from countries that had to stop buying Iranian crude because of recent U.S. sanctions, Bloomberg reported. The world’s biggest […]

Follow

Chinese investors maneuvered around heightened geopolitical tensions to make record-level investments into U.S. startups in 2018, but increasingly hostile conditions will likely lead to a dropoff in Chinese funding for this year, Reuters writes. Chinese […]

Follow

A U.S. decision to end Iran sanctions waivers is set to put pressure on oil prices and benefit Russia’s budget and oil producers, as international buyers are likely to seek more Russian crude as an […]

Follow

Uber’s drivers in New York will go on strike next week shortly before the ride-hailing company goes public to protest what they view as unfair employment conditions, a taxi union said on Friday, Reuters informed. […]

Follow

America’s top union leader, Richard Trumka, has warned Donald Trump that he risks striking an “inferior agreement” with China to end the trade war if he fails to rein in Beijing’s use of industrial subsidies, […]

Follow

Oil prices on Tuesday reversed earlier losses after Saudi Arabia said a deal between producers to withhold output that has been in place since January could be extended beyond June to cover all of 2019, […]

Follow

Top U.S. business groups have warned President Donald Trump against keeping tariffs on Chinese goods if he reaches a trade deal with Beijing, as corporate America grows increasingly anxious that trade tensions will linger even […]

Follow

The United States and China finally seem to be approaching an end in their trade war and nearing the conclusion of a trade deal, but many experts now fear that it would mean the U.S. […]

Follow

Aramco will buy Shell’s stake in their jointly owned refining company SASREF for $631 million as part of an ambitious expansion strategy for Aramco’s downstream business to secure markets for its future crude oil production, […]

Follow