German Chancellor Angela Merkel has reportedly told officials that “a final decision has not been taken” on the future of the Nord Stream 2 pipeline project following Russian opposition figure Alexei Navalny’s alleged ‘poisoning’. Washington has pressured Berlin to cancel the project, with Warsaw actively supporting its US allies on the issue.
The ambitious multi-million pound project will work along with two major government investment strategies aimed at bolstering domestic technologies amid Washington's contentious trade war.
The news comes amid warnings from US president Donald Trump that Washington could slap higher tariffs on goods imported from the mainland, despite China's Foreign Ministry slamming Trump's measures as not "feasible or realistic".
A $13.3 billion award has been given to defense contractor Northrop Grumman by the US Air Force amid the service’s engineering and manufacturing development (EMD) phase to replace its aging intercontinental ballistic missile (ICBM) nuclear delivery system.
US stocks extended their dip into negative territory for the third day on Tuesday, with the Dow Jones Industrial Average index falling more than 600 points as technology shares continued to undergo a meltdown amid the COVID-19 pandemic.
GENOA (Sputnik) - Internationally famous Italian "pasta al pomodoro" and wine may become much less affordable for consumers in the United Kingdom if UK and EU politicians do not reach a trade agreement and Brexit happens without a deal, chambers of commerce said on Tuesday.
MOSCOW (Sputnik) - Brent crude price fell to a 10-week low, WTI is losing 7 per cent, according to trading data.
Last week, after German authorities announced that they would be treating Russian opposition figure Alexei Navalny's case as an "attempted murder by poisoning", some German lawmakers and their European colleagues pressed Berlin to end the Nord Stream 2 gas pipeline project.
The stock price of Elon Musk's company Tesla has risen 800 percent in the past year. However, some of the biggest share-holders of the California-based firm are trimming their stakes.
According to the Moscow region’s Ministry of Investment, Industry, and Science, the Odintsovo confectionery factory has started exporting its products to Persian Gulf states.
One of the developments of the Moscow region, Vympel NPO, has won the Industrial Design category at the prestigious international 2020 Red Dot Design Award, the Moscow region’s Ministry of Investment, Industry, and Science said.
The news comes amid a spike in tensions in the ongoing trade war between Washington and Beijing, with the latest measures aiming to block the Shanghai-based firm from access to US technologies used to test and manufacture semiconductors.
Last week, the US Energy Information Administration reported a hefty weekly drop in American crude supplies, along with a fall of at least four million barrels in the country’s gasoline inventories. This, however, failed to provide an increase in oil prices amid plummeting demand.
The cruiseliner industry had been enjoying “robust growth” since 2018 but the coronavirus pandemic has knocked it sideways. In March thousands of tourists were stranded on cruise ships in Latin America, the Caribbean and the Far East after COVID-19 was reported on board.
IKEA Retail is the largest franchisee of the Swedish furniture and home furnishing giant, operating the majority of its hundreds of stores.
Despite the promise of a great economic revival, under outgoing Prime Minister Shinzo Abe Japan's economic policies over the last seven years have mainly profited the corporate sector whilst millions of Japanese work longer hours for less pay, economist Michael Roberts tells Sputnik.
BEIJING (Sputnik) - Trade between China and Russia totalled a $68.6 billion in the first eight months of 2020, marking a 3.2 percent decrease year-on-year, the Chinese General Administration of Customs said on Monday.
Investors are closely watching shares of China's of Semiconductor Manufacturing International Corporation after a Pentagon spokesperson said they are considering imposing export restrictions on the firm.
UK lead Brexit trade talks negotiator Lord David Frost said in a Mail on Sunday interview the UK was prepared for a no-deal outcome and not scared of a hard Brexit. Frost said Brussels needed to realise the UK would no long 'blink' in talks as former Prime Minister Theresa May had done.
On Wednesday, the ex-senior royals made public their plans to join efforts with the American streaming giant Netflix, in a bid to efficiently work in diverse genres - from TV series to documentaries and children's programmes.