Russia's Largest Bank to Launch Its Own Cryptocurrency 'Sbercoin' by March 2021 14:18 Following the triumph of the first cryptocurrency, Bitcoin, many companies and even nations across the world began to seriously consider t...Read More
China Becomes Foreign Investment Top Dog, Rakes in Billions as US Loses Ground Amid Pandemic 14:16 The economic calamity caused by COVID-19 is expected to cost the world economy around $9 trillion. IMF Chief Kristalina Georgieva has said...Read More
UK Space Agency Teams Up With Rolls-Royce to Research Nuclear-Powered Space Exploration 18:04 MOSCOW (Sputnik) - The UK Space Agency announced on Tuesday the launch of a collaboration with Rolls-Royce to study the potential of using...Read More
French company Michelin to slash 2,300 workers in France to boost production efficiency 20:24 French tire maker Michelin will eliminate as much as 2,300 jobs across its production facilities in France, although no factories will be ...Read More
Norwegian electric-vehicle sales overtake petrol & diesel models for first time, 20:00 Norway has become the world’s number-one nation for electric vehicles, which comprised more than 50 percent of all new car sales in the co...Read More
Pandemic to leave long lasting adverse effects on world economy 13:11 The World Bank Group on Tuesday issued a guarded growth forecast for the global economy this year, saying that a four per cent ove...Read More
Denmark plans to end oil production in 2050 11:27 Denmark will stop extracting oil from the North Sea in 2050, the Danish government has said, adding it would cancel its eighth licensing r...Read More
Crude Oil edges lower after closing at nine-month high on OPEC+ deal 10:22 Oil edged lower after a fifth weekly gain that was driven by an OPEC+ production deal and hopes for a vaccine-driven lift in energy demand...Read More
Chinese and Russian governments forms stronger trade ties 16:24 China and Russia have reviewed their investment cooperation progress and agreed to make efforts to overcome the impact of the COVID-19 pan...Read More
Norwegians got paid to use electricity as prices fall below zero 14:42 RT Electricity prices in parts of Norway fell below zero for the second time in history, and residents in southern Norway ‘got paid’ for u...Read More
Social media giant "Twitter" makes $936 million profit in 3rd quarter revenues 15:27 (Xinhua) -- U.S. social media company Twitter Inc. Thursday said it saw a revenue of $936 million in the third quarter of 2020, up 14 perc...Read More
MTN Nigeria confirms Mr. Karl Toriola as CEO designate 16:16 The Management of MTN Nigeria Communications Plc has announced the appointment of Mr Karl Toriola as the CEO designate . This infor...Read More
Kenyan currency at all-time low as foreign reserves plummet 01:30 NAIROBI, Kenya, Oct. 24 (Xinhua) -- Kenya's foreign exchange reserves have declined by 66.4 billion shillings (about $615 million) in ...Read More
Russia among TOP 10 countries leading global digital banking revolution 11:17 A new survey by Deloitte has found that Russian banks are among the world leaders in terms of digitalization of their services, exceeding ...Read More
Turkey discovers additional new gas reserves in Black Sea 14:00 ISTANBUL, Turkey, Oct. 17 (Xinhua) -- Turkish President Recep Tayyip Erdogan announced on Saturday that Turkey has found more gas reserves...Read More
Equity markets mixed as virus, vaccine worries simmer 11:24 Stocks were mixed Wednesday as virus concerns returned to the fore with several countries reimposing lockdown measures to fight a surge in...Read More