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Investment

Christmas every day: Bonus bonanza for City bankers
Annual bonuses for bankers working in London’s financial sector are expected to rise by an average of 21 percent, according to a recent survey. Salaries were also found to be increasing, with the average finance salary at just under £100,000.

22.12.2014 14:08

Porsches sold out: Luxury cars go like hotcakes in Russia amid ruble plunge
Car dealers in the Russian capital ran out of stock, as customers were buying Porsches, Lamborghinis and BMWs in unusually large numbers, despite growing price tags. The influx was prompted both by holiday spirits and ruble devaluation, experts say.

20.12.2014 13:10

​Buying bonanza: Russians hunt for Italian castles in 'strategic locations'
Several dozen historical Italian castles are up for sale, their owners unable to pay maintenance costs and high taxes. But Russian buyers are stepping in, searching for properties in "strategic locations."

20.12.2014 12:06

Cuba won’t give up principles for Washington's promises – Russian deputy PM
Moscow always knew that the economic blockade of Cuba was doomed, Russian Deputy Prime Minister Dmitry Rogozin said on a visit to Havana.

20.12.2014 06:58

‘Putin keeps ace up his sleeve to surprise market’
President Putin has not disclosed his future strategic plans during the annual Q&A since to surprise international markets one should always have an ace up the sleeve, French economist Jacque Sapir told RT.

18.12.2014 13:29

​Obama’s Cuba decision: ‘US tries to move Russian allies away’
Improving relations with Havana, the US is indirectly attempting to move Cuba away from its traditional alliance with Russia, believes international consultant Adrian Salbuchi. The Castro brothers will certainly take advantage of the thaw, he told RT.

18.12.2014 08:11

'Ruble slide: Speculators moved in as Central Bank was asleep at the wheel'
For the sake of the Russian economy, the Central Bank cannot continue its waiting game strategy for too long hoping that speculators give up before it does, says Mike Ingram, a market strategist at BGC Brokers in London.

16.12.2014 14:25

‘Stranded assets’: Disclose growing fossil fuel investment risks, UK minister demands
UK Energy and Climate Change Secretary Ed Davey says firms should be forced to publically disclose their investments in the fossil fuel sector, highlighting the relationship between climate risk and a predicted decline in the value of such holdings.

11.12.2014 13:40

Putin: Nuclear projects core of cooperation between Russia and India
When President Putin makes his lightning one-day visit to India, the main thing on his mind will be power. He’ll be discussing nuclear cooperation and energy when he meets Prime Minister Modi.

10.12.2014 12:14

Biggest Greek stock market drop since 1987 over surprise election
The Athens Stock Exchange index has fallen 11.2 percent - the biggest intraday plunge since December 1987. The government announced a snap presidential election, two months ahead of time, making investors nervous over the status of EU bailout money.

09.12.2014 13:46

Qatari royals to build £200mn London mega-mansion
The Qatari royal family is planning to convert three of London’s most prestigious addresses into a single mega-mansion valued at over £200 million.

09.12.2014 11:38

​Brent crude hits new 5yr low
Oil plunged to a new five-year low with Brent futures for January falling below $66 per barrel on the London International Petroleum Exchange. The latest rout is due to banks and energy groups lowering price forecasts due to the continued supply glut.

08.12.2014 14:34