Ahead of a meeting of the bloc’s finance ministers, who are discussing a proposed levy on tech giants on their revenues, The Financial Times claimed that the most active lobbyists for the new tax are to come up with concessions to rescue their plans to put an end to firms escaping taxes in the EU.
MOSCOW (Sputnik) - Russian gas transit through Ukraine may be continued even after the launch of the Nord Stream-2 pipeline, Kremlin spokesman Dmitry Peskov said Tuesday.
Walmart, the world’s largest retailer, is introducing 360 autonomous robots to manage some custodial duties at the company’s retail outlets.
Germany has repeatedly defended its participation in the Russian-European gas pipeline project despite criticism coming from the US, its European allies and Ukraine. After the recent incident off the coast of Crimea, when the Russian border control confronted Ukrainian ships, some conservatives in Germany claim this stance should be revised.
In late November, the US dollar's exchange rate shrank abruptly after Federal Reserve Chairman Jerome Powell stated that he considers the US central banking system's benchmark interest rate to be near a neutral level. Sputnik looks into whether the dollar will manage to preserve its status as the world's reserve currency.
MOSCOW (Sputnik) - US President Donald Trump said on Monday that he will hold talks at some point in the future with China's President Xi Jinping and Russia's President Vladimir Putin in an effort to halt a costly global arms race.
There was no immediate comment from Vienna-based OPEC, which is to meet this month and discuss possible production cuts.
MOSCOW (Sputnik) - Bahrain has expressed interest in purchasing Russian-made Aurus luxury cars, part of the Kortezh series, a source familiar with the situation told Sputnik.
US president Donald Trump has announced that Beijing agreed to "Reduce and Remove" tariffs on cars shipped from the United States to China.
BUENOS AIRES (Sputnik) - Around $2 billion worth of funds from a Russian-Saudi foundation will be invested in Russia in 2019, the chief executive of the Russian Direct Investment Fund, a sovereign wealth fund, said Saturday.
After nearly being wiped out by the ascendancy of Amazon and other online retailers, small bookstores - once thought doomed to extinction - are making a heady comeback.
Three small pebble-like pieces of our moon brought back to Earth by a USSR space mission sold at a New York City auction on Thursday for $850,000.
A wide-ranging data breach - one of the largest in history - has exposed the personal financial information of an estimated 500 million people, as hotel giant Marriott International confirmed that passport and credit card numbers were stolen over a period of at least four years.
The call comes after reports emerged that the Venezuelan government is looking to repatriate gold bars worth about $550 million from the Bank of England out of fear that the holdings may be affected by US sanctions announced by President Trump early last month.
BUENOS AIRES (Sputnik) - The G20 may become the platform where China and the United States could manage to overcome trade disputes, if this does not happen, recession in the global economy may begin as early as in 2019, Kirill Dmitriev, the head of the Russian Direct Investment Fund (RDIF) told Sputnik on Friday.
No ceasefire in the China-US trade war should be expected either during or after the G20 summit ‒ but that’s okay, because China can weather the storm. That’s the thesis of a new piece by Pei Changhong, the former director of one of China’s top economic think tanks, who says Beijing should settle in for the long haul.
Beijing has turned its back on US crude and natural gas shifting to other sources amid the US-China trade war. It appears that Russia's energy industry has largely benefitted from Donald Trump's tariff spree and is likely to call the shots in the Chinese energy market for the foreseeable future.
MOSCOW (Sputnik) - Iran is ready to wait some more as the European Union works on a mechanism that will allow trade between them to bypass US financial services, Iranian Deputy Foreign Minister Abbas Araghchi said Friday.
The proposed site of the Ratnagiri Refinery & Petrochemicals Ltd in the Konkan region falls in the ecologically sensitive area. Farmers have launched a massive protest against land acquisition for the project claiming that they have already witnessed a sharp fall in their produce due to mining and pollution from industries in the region.
Following numerous Twitter rows and lawsuits, including one over pedophilia claims against a Thailand rescue diver, the US eccentric tycoon and visionary has made another enemy: Russia’s Roscosmos has black marked the entrepreneur in its annual report.