Democratic elections sweep may be good for stock market in the short run but...
As markets begin to handicap the US presidential race, they seem to be viewing a Biden win as a positive for the stock market, which doesn’t...
Chinese billionaires boost their fortunes at record pace despite coronavirus crisis
Covid-19 has not stopped China’s super-rich from making more money. Thanks to booming share prices and new stock listings, they now own a combined fortune of...
Russia invites BRICS partners to join countrys massive Arctic oil gas projects
Russia’s Minister of Energy Alexander Novak has invited fellow BRICS member countries to participate in Russia’s energy development projects in the Arctic.Novak...
Russia could face double digit drop in gas exports as pandemic cripples demand
The coronavirus outbreak and warmer-than-average winter season in Europe may push Russian natural gas exports down by 16 percent this year, Russia’s National Rating Agency (NRA)...
Big Banks could lose billions in the global energy transition
As the world undergoes its incredible transition to lower carbon energy alternatives, Big Banks are turning their backs on the oil industry.JP...
Chinas economic rebound strengthens amid global struggle with Covid 19 crisis
The world’s second-largest economy accelerated its recovery in the third quarter, growing 4.9 percent from a year ago, according to new data from China’s National Bureau...
Chinas oil imports are falling as storage fills up
China, which has been on an oil-buying binge since the start of the pandemic, is now retreating as storage space fills up and demand for fuels...
The 16 TRILLION bug Pandemic could cost US economy its entire annual output
The US economy may lose a whopping $16 trillion due to the devastating impact of the Covid-19 outbreak, both in output and people’s lives, new research...
Russia among TOP 10 countries leading global digital banking revolution
A new survey by Deloitte has found that Russian banks are among the world leaders in terms of digitalization of their services, exceeding the global average...
India can overtake Japan to become worlds third largest economy by 2050
The Indian economy may climb from fifth to third spot in the list of the world’s largest economies over the next three decades, according to a...