Business

Top Wall Street banks are expressing confidence that British Prime Minister Theresa May will be able to either get a Brexit deal through Parliament before the 29 March deadline, or extend the deadline to win time to amend the proposed accord.

Despite axing the YouTuber’s account, Roblox hurried to backtrack, bringing up a scarcely-known meme that describes an unspecified “behaviour” that, supposedly, does not conform to the gaming community’s standards.

WARSAW (Sputnik) – The United States sees no corporate demand from any significant company to use the Special Purpose Vehicle (SPV), established by the European Union to continue trade with Iran in the face of US sanctions, US Special Representative for Iran Brian Hook told Sputnik on Thursday.

MOSCOW (Sputnik) - Russia will remain the world's largest exporter of energy resources by 2040, satisfying 5 percent of global demand, and will also retain its position as one of the largest producers of fossil fuels, UK petroleum giant BP said in its annual report out on Thursday.

Airbus made the decision to stop deliveries of A380s by 2021 after orders from Dubai-based airline Emirates, the world's largest airliner, fell sharply.

MOSCOW (Sputnik) - Russia may shift focus to China as the main market for its gas supplies if the European Union fails to show genuine interest in properly cooperating with it, which will be equally detrimental to Moscow and Europe, Mario Mehren, the CEO of Wintershall, said on Thursday.

The newly introduced EU regulations - banning unfair business practices by app stores, search engines, e-commerce sites and hotel booking websites - are meant to see small start-ups and traditional businesses level with tech giants.

SOCHI (Sputnik) - Political tensions between Russia and the United States over the Nord Stream 2 natural gas pipeline have prevented US companies from participating in the project, President of the American Chamber of Commerce (AmCham) in Russia Alexis Rodzianko told Sputnik on Thursday.

The European Commission is launching discussions with executives from top EU energy companies, seeking to boost the role of the euro in international trade in oil and natural gas.

Iranian authorities, together with four local banks and Ghoghnoos, have launched the PayMon cryptocurrency backed by gold reserves, aiming to bypass international sanctions. No other country has ever used gold reserves to back a cryptocurrency. PayMon is expected to be presented on the Iranian Fara Bourse OTC securities market.

A record 7 million American drivers are experiencing serious difficulties with car payments, even though the national unemployment rate has sunk and the economy is supposedly blazing its way to new heights.

A cryptocurrency fundraising operation used by Palestinian militant group Hamas has been shut down by the Coinbase cryptocurrency exchange following a tip by an Israeli civil rights organization.

British Trade Minister Liam Fox fended off criticism in the Parliament, arguing that many countries would find it much easier to strike a trade deal with the UK, than with a bloc of 28 countries.

Earlier this week, Italian Deputy Prime Minister and Interior Minister Matteo Salvini called for wrestling control of Italy's gold reserves away from the country's central bank.

The cryptocurrency exchange says it’s unable to access millions of dollars of users’ money after the death of its chief executive officer, who reportedly was the only person with digital codes to the system. Tech experts doubt those claims, but the exchange is temporarily protected against any potential lawsuits.

China resumed its gold-buying spree late last year, after Russia slipped past it and entered the top five countries in total gold reserves.

Hanover-based holiday firm TUI issued a profit warning on Tuesday, with forecasts of 10 percent profit losses blamed on an "unusually long and hot summer" in Northern Europe as well as a weakening pound due to "a result of the Brexit decision".

Earlier, Berlin described the European Union's recently agreed-upon directive approving the Nord Stream 2 gas pipeline project as a "powerful signal" for critics of the project.

Earlier this week, Italian Deputy Prime Minister and Interior Minister Matteo Salvini called for the removal of the leadership of the Bank of Italy because they failed to prevent the country's banking crisis.

Earlier, the company found itself in an embarrassing situation after an ad campaign aimed at promoting female empowerment backfired due to a slogan encouraging women to "Go sit on a man's face."