Business

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Beijing slaps up to 212 tariffs on Australian wine in response to price dumping

Chinese regulators said on Friday they would start imposing heavy duties on Australian wines after finding preliminary evidence of dumping. The move comes amid deteriorating trade...
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Venezuela continues selling oil to China despite US sanctions report

Undeterred by US sanctions, Venezuela has reportedly resumed direct oil shipments to China after a year of underground trading. Venezuelan oil exports had crashed to multi-decade...
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Like mafia US tramples over European sovereignty in bid to stop Nord Stream 2...

Washington’s desperate attempts to stop the construction of the Nord Stream 2 gas pipeline linking Russia and Germany resemble mafia methods, senior German parliament member, Klaus...
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European firm withdraws from Russias Nord Stream 2 gas pipeline project in face of...

The latest extension of punitive measures introduced by the White House against Russia’s natural gas pipeline to Germany has forced one of the sub-suppliers to quit...
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Happiest place on Earth Disney axes 32000 jobs as Covid 19 pandemic leaves theme...

The Walt Disney Company said it is laying off more than 30,000 employees, mostly at its theme parks, as the coronavirus lockdown renders the very existence...
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China accuses India of market violations as more Chinese apps are banned

Beijing says India is violating basic market principles and rules of the World Trade Organization (WTO) after the country barred 47 Chinese apps over alleged security...
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US shale bankruptcies accelerate despite pandemic protection

The US oil industry has had a particularly tough time coping with the Covid-19 pandemic despite numerous federal relief measures to help ease the pain....
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Chinese buyers of American soybeans to call off contracts as processing margins collapse

Chinese soybean importers and processors are planning to cancel deals signed for US cargoes for December and January shipment, Reuters reported, citing its trade sources....
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Russian nuclear powered icebreaker completes maiden Arctic voyage to the Northern Sea Route

Russia’s newest nuclear-powered icebreaker, the Arktika, has completed its first Arctic mission to the Northern Sea Route (NSR), according to the country’s nuclear icebreaker fleet operator,...
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From Russia with wheat Exports by global grain superpower on track to hit record...

The volume of global wheat exports from Russia in the 2020-2021 agricultural year (which started July 1) is set to approach the historical record level of...

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Plane crash in Mesquite caught on surveillance camera footage

In a quiet town of Mesquite, Texas, the tranquility of a typical Thursday afternoon was shattered by the deafening sound of a small plane...

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