• Tesco Express, Croydon, London
    Last update: 19:38 28.01.2019
    19:38 28.01.2019

    Tesco Slashing Up to 9,000 Jobs to Create 'Sustainable' Business Model

    UK supermarket giant Tesco is planning to slash roughly 9,000 jobs to cut costs as part of a simplification plan, with company shares falling 2.58 percent following the news.

  • Invest Myanmar Summit 2019
    Last update: 14:37 28.01.2019
    14:37 28.01.2019

    Suu Kyi Touts Business-Friendly Environment at Myanmar Investment Summit

    Myanmar leader Aung San Suu Kyi is hosting the first official forum for international investors in her country and is touting its commitment to reforms and national unity, as well as lucrative business opportunities in the growing domestic market.

  • An investor looks at an electronic board showing stock information of Shanghai Stock Exchange Composite Index at a brokerage house in Beijing, August 26, 2015
    Last update: 14:21 28.01.2019
    14:21 28.01.2019

    China Industrial Revenues Post New Month of Losses Amid Weak Overseas Demand

    China's industrial earnings continue to moderate amid weak international demand, slower factory activity, and disruptions in international trade.

  • Rusal
    Last update: 13:56 28.01.2019
    13:56 28.01.2019

    London Metal Exchange Lifts Ban on Deals With Russia's Rusal After US Removes Sanctions

    LONDON (Sputnik) - The London Metal Exchange (LME) lifted restrictions on warranting Rusal-branded metal after the United States removed sanctions on the Russian aluminium giant, the LME said in a statement Monday.

  • Gold bars
    Last update: 13:10 28.01.2019
    13:10 28.01.2019

    Western-Backed Guaido Asks UK PM May to Reject Maduro's Request to Return Gold – Report

    On Saturday, Bloomberg reported that the Bank of England refused to withdraw Venezuela's gold reserves, worth $1.2 billion, following President Nicolas Maduro's request.

  • German Chancellor Angela Merkel, center, speaks with US President Donald Trump, seated at right, during the G7 Leaders Summit in La Malbaie, Quebec, Canada, 9 June, 2018
    Last update: 11:48 28.01.2019
    11:48 28.01.2019

    US Threatens EU With Punishment Over Possible Iran Sanctions Evasion - Report

    The pledge comes after Maja Kocijancic, a spokeswoman for EU foreign policy chief Federica Mogherini said late last week that Brussels is finalising efforts to set up an alternative money payment channel to facilitate business transactions with Tehran amid the US's anti-Iranian sanctions.

  • A man examines stock update on a display at a stock brokerage in Beijing, China, Monday, Oct. 6, 2008
    Last update: 05:33 28.01.2019
    05:33 28.01.2019

    Russia's Rusal Shares Up by 7.7% at Hong Kong Exchange as US Lifts Sanctions

    BEIJING (Sputnik) -The shares of Russian aluminum giant Rusal went up by 7.7 percent at the opening of the Hong Kong Stock Exchange, the stock market data showed on Monday in the wake of the removal of Washington's sanctions against the company.

  • Opposition protesters in Venezuela shut down highways, bridges and other infrastructure as pressure mounts on President Nicolas Maduro to resign in favor of new elections
    Last update: 00:44 28.01.2019
    00:44 28.01.2019

    Top Caracas Envoy Defects to US, Calls for Support from Venezuela Military

    As Venezuelan opposition leader Juan Guaidó welcomed support from the US and Israel after calling for new presidential elections in the distressed nation, a high-ranking Caracas military envoy to the US announced his defection.

    Political Crisis in Venezuela
  • Aluminum giant Rusal, Sayanogorsk, Russia
    Last update: 00:25 28.01.2019
    00:25 28.01.2019

    Washington Lifts Sanctions Against Russian Companies En+, Rusal, Eurosibenergo

    US Treasury Department announced in a press release that it lifts sanctions on Russian firms Rusal, En+ and Eurosibenergo.

  • Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) speak after US President Donald Trump agreed to a deal to end the partial government shutdown on Capitol Hill in Washington, U.S., January 25, 2019
    Last update: 22:36 27.01.2019
    22:36 27.01.2019

    The Matador & the Bull: Pelosi Outplays Trump in Ending Gov’t Shutdown - Report

    The political cost to the Republican Party and US President Donald Trump following the reopening of the US government after it’s unprecedented 35-day shutdown has become painfully clear, according to reports.

  • Dollar banknotes
    Last update: 14:18 27.01.2019
    14:18 27.01.2019

    UK To Save $1.5 Bln in EU Tax Payments in Case of 'No-Deal' Brexit

    Several major British companies might avoid paying more than $1.5 bln in EU tax payments in the event of a 'hard Brexit', as tax decisions made by European courts would be void on British soil after Albion exits the bloc in March.

  • Flag of Saudi Arabia
    Last update: 14:05 27.01.2019
    14:05 27.01.2019

    Saudi Arabia Unveils $427-Billion Plan to Reform Economy

    Saudi officials have announced an ambitious investment programme aimed at modernisation and the diversification of the kingdom's economy, as well as boosting the role of private-sector enterprises and industrial production in its GDP.

  • Trainee Maatiusi Manning stands aboard the Finnish icebreaker MSV Nordica as it traverses the Northwest Passage in the Canadian Arctic Archipelago, Thursday, July 27, 2017
    Last update: 01:09 27.01.2019
    01:09 27.01.2019

    Arctic Summers Now Hottest in 115,000 Years Says New Research

    New evidence has led researchers to detail that the Arctic is experiencing its hottest temperatures in 115,000 years, according to a new report.

  • A headline on a television screen on the floor of the New York Stock Exchange
    Last update: 00:23 27.01.2019
    00:23 27.01.2019

    Shutdown Aftermath: No Trump Wall, $6 Billion Lost, Says Wall Street

    The economy of the United States lost a minimum of $6 billion during the 35-day partial shutdown of the federal government, according to a Friday statement from Wall Street’s S&P.

  • An investor checks stock market prices at a securities firm in Fuyang, in eastern China's Anhui province
    Last update: 22:11 26.01.2019
    22:11 26.01.2019

    China Touts 'Stable' Economic Growth & Structural Reforms in 2019

    Li Keqiang, mainland China's premier, expressed confidence in the nation's economy, saying it remains solid despite mounting structural challenges and international headwinds.

  • The ETERNO shop of the Chelyabinsk Pipe-Rolling Plant
    Last update: 19:12 26.01.2019
    19:12 26.01.2019

    Nord Stream 2 Can't Be Stopped, Poland's Prime Minister Admits

    Warsaw has been one of the most vocal critics of the Nord Stream 2 gas pipeline, with Poland's president recently calling it "an energy threat" and urging Berlin to pull out of the project.

  • General view of the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2019
    Last update: 10:11 26.01.2019
    10:11 26.01.2019

    S Africa's Central Bank Governor Reassures Investors of Stable Economy at Davos

    Top South African officials delivered a message of confidence to the World Economic Forum in Davos, dismissing investors' concerns of the sustainability and efficiency of the Rainbow Nation's economy amid President Cyril Ramaphosa's promised constitutional amendment which would greenlight racially-biased agricultural land expropriation.

  • Philip Hammond arrives in 10 Downing Street in central London on May 13, 2016
    Last update: 10:05 26.01.2019
    10:05 26.01.2019

    UK Chancellor Warns No-Deal Brexit Could Disrupt Economy in Near-Term

    The UK's Chancellor of the Exchequer Philip Hammond is urging his colleagues on Downing Street to avoid a 'hard Brexit' and seek compromise with the EU, which could – according to Hammond – soften its stance on several key elements of the Brexit deal.

  • Pedestrians walk past a Huawei retail shop in Beijing Thursday, Dec. 6, 2018
    Last update: 09:25 26.01.2019
    09:25 26.01.2019

    Beijing Calls on Partners to Oppose Pressure on Business in Light of Huawei Case

    BEIJING (Sputnik) - All countries should counteract politically motivated and unfair pressure on business, Chinese Foreign Minister Wang Yi said on Saturday in light of some countries alleging that China’s Huawei tech giant has been involved in espionage.

  • Cosmetics
    Last update: 19:07 25.01.2019
    19:07 25.01.2019

    'Because It's Worth It': Hard Brexit Contingency Plans by L'Oreal

    Small businesses and corporate giants, equally frustrated by the Brexit uncertainty, take various measures to prepare for a different set of events following 29 March 2019.