Construction of Russias Nord Stream 2 gas pipeline to restart next month
Despite rising US pressure on the Nord Stream 2 project, the company behind Russia’s natural gas pipeline to Germany has announced plans to resume pipelaying works...
Australia vows to drag China to WTO over barley tariffs amid mounting trade tensions...
Canberra may file a formal complaint to the World Trade Organization (WTO) over Beijing’s anti-dumping duties on barley, Australia’s trade minister said as a tariff dispute...
Indians appetite for gold grows as price for metal hangs near multi month low
The wedding season and subdued gold prices have boosted demand for the precious metal in India, signaling possible recovery for the market which saw a massive...
Shell must pay nearly half a billion for oil spill in Nigeria court rules
Nigeria’s Supreme Court has declined an application from Royal Dutch Shell which aimed to set aside a previous ruling that ordered the company to pay $467...
Chinese private corporate giants rocket in value despite Covid 19 pandemic
The coronavirus pandemic that is raging across the planet has not stopped China's biggest privately run corporations from soaring in value, the Hurun Research Institute reports....
OPEC likely to prolong existing oil cuts despite rising prices media
Members of the Organization of Petroleum Exporting Countries (OPEC) and their allies led by Russia, known as OPEC+, may further hold back oil supplies amid concerns...
Iconic tech entrepreneur former Zappos CEO Tony Hsieh passes away at 46
Prominent businessman Tony Hsieh, often credited for helping to transform downtown Las Vegas, has died at the age of 46. He co-founded online retailer Zappos and...
Six US oil executives convicted in Venezuela on corruption charges
A Venezuelan court has found six American oil executives, known as the Citgo 6, guilty of a wide-ranging corruption scheme, immediately sentencing them to prison on...
Washington tells Deutsche Bank to wind up its business in Russia
Outside monitors appointed by the New York state authorities have recommended that Germany’s largest lender, Deutsche Bank, should cease doing business in Russia, to avoid potential...
Oil pirates are DANGEROUSLY CLOSE to US waters
After hitting a 25 year low last year, oil piracy came back in a big way in 2020, with pirates moving dangerously close to US waters....