The UK's Office for National Statistics (ONS) has confirmed preliminary GDP growth estimates, saying the economic expansion had indeed slowed to its five-year slowest in 1Q18.
US private-sector enterprises are expanding the scope of spending in order to meet the rising consumer demand for goods and services, but the broader picture remains uneven, suggesting that an across-the-board investment spree has yet to come.
Several coffee-house networks in North America are now offering a new brand of your regular cup of Joe to their menus – and it’s based off the dried waste, a by-product of industrial coffee-farming.
ST.PETERSBURG (Sputnik) - Saudi Energy Minister Khalid Falih said Saturday he had held meetings with LUKoil head Vagit Alekperov and Rosatom Director General Alexei Likhachev on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
Analysts at Bank of America Merrill Lynch issued a forecast in May claiming that oil prices over the next year can rise as high as $100 per barrel. Among the reasons behind the increase are the US withdrawal from the Iran deal and problems on the Venezuelan oil market.
ST PETERSBURG (Sputnik) - Russia is trying to develop certain preferential conditions for the development of its digital economy, Russian President Vladimir Putin said Friday.
ST. PETERSBURG (Sputnik) - Italian Eni did not make a decision to leave joint ventures with Russia's Rosneft because of sanctions, reports about this are pure speculations, company's CEO Claudio Descalzi told Sputnik Friday.
Russian President Vladimir Putin assured foreign business representatives at a meeting on the sidelines of SPIEF on Friday that they should not be concerned about the draft law on responsibility for compliance with Western sanctions against Russia since the problem had been resolved, a participant of the meeting told reporters.
MOSCOW (Sputnik) - Japan is considering participation in financing Russia's Yamal LNG project, Japanese Prime Minister Shinzo Abe said Friday.
One of the companies included in new US sanctions against Iran is Dena Airways, a small-fry operation that owns a single jet.
ST PETERSBURG (Sputnik) – Russia is interested in developing cooperation with Japan in the hi-tech sector, Russian President Vladimir Putin said Friday.
ST PETERSBURG (Sputnik) - The Saudi Arabian General Investment Authority (SAGIA) has agreed to continue a dialogue with at least 15 Russian companies in light of the results of meetings at the St. Petersburg International Economic Forum (SPIEF), SAGIA's deputy governor for investment, Sultan Mofti, told Sputnik on Friday.
According to a press release from the Ukraine-based ASKfm social network, obtained by The Financial Times, four Ukrainian crypto fanatics were sponsored to climb Mount Everest and hide a hard drive with a cryptocurrency on it.
Just days before she finished filming her "Game of Thrones" character's final on-screen moments, Emilia Clarke embarked on what seemed to be a symbolic Vanity Fair business-style photoshoot, thus enthusiastically setting her sights on a new challenge.
AIX-EN-PROVENCE (France) (Sputnik) - The International Thermonuclear Experimental Reactor (ITER) project needs more Russian specialists to become more efficient, ITER Director-General Bernard Bigot said in an interview with Sputnik.
ST PETERSBURG (Sputnik) – Russian pipeline systems have no competition on the European market according to the price of gas for consumers, Russian President Vladimir Putin said Friday.
ST. PETERSBURG (Sputnik) - France wants to become the leader of foreign investment in Russia, winning the top spot by beating Germany, French President Emmanuel Macron said Friday at the St. Petersburg International Economic Forum (SPIEF).
ST. PETERSBURG (Sputnik) - The EU attempts to continue investments in Iran despite the US decision to re-impose sanctions on the Islamic Republic are impossible for energy giants as they need access to the US banking system, Total President and CEO Patrick Pouyanne said Friday during an Energy session of the SPIEF.
ST PETERSBURG (Sputnik) – Russia’s Rosneft said on Friday it had signed a memorandum of understanding on potential cooperation in implementation of projects in Africa with Nigeria’s Oranto Petroleum Limited.
Two weeks ago, multinational telecommunications giant BT announced it would be making some 13,000 members of its workforce redundant after the company had a year of poor financial performance. The company’s decision to hand its CEO and other senior personnel large pay rises just days later has raised ethical questions.
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