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Markets

Forex rigging probe: US prosecutors to grill London traders
US prosecutors are set to travel to London in the forthcoming weeks to probe City traders about currency market manipulation. However, British prosecutors are yet to file a criminal charge against UK financiers who rigged the rates.

25.11.2014 12:34

Russia, Saudi Arabia, Mexico, Venezuela decide not to cut oil production
Delegations from Russia, Saudi Arabia, Mexico and Venezuela have met for the first time in such a format for talks in Vienna to discuss rapidly dropping oil prices. The group agreed to monitor prices for a year

25.11.2014 16:11

‘Privatised and exploited’: MPs debate bill to protect health service from TTIP
MPs on Friday debated Labour MP Clive Efford’s Bill to protect the National Health Service (NHS) from what critics claim is a path of permanent privatisation. Labour won the vote, with a majority of MPs backing the proposed legislation.

21.11.2014 14:04

‘OPEC can easily decide to do nothing about oil prices’
There are three possible outcomes to the OPEC meeting: either they leave the situation as it is, or stick to a 30 million barrel per day ceiling, or cut oil production, Stuart Elliott, Senior Managing Editor of Europe & Africa Oil News, told RT.

20.11.2014 13:10

World pharma spending to exceed $1trn in 2014 - study
Global pharmaceutical spending will surpass the trillion dollar threshold in 2014, with high prices for innovative hepatitis C and cancer drugs in the US, a new study says. By 2018 spending is expected to increase by another 30 percent.

20.11.2014 11:19

‘Monsanto uses Indian farmers to contaminate world with GMO crops’
By persuading Indian farmers to buy genetically modified organism (GMO) seeds Monsanto spreads its genetically engineered crops around the world so that no one can compete with pure non-GMO products after that, anti-GMO activist Jeffrey Smith, told RT.

19.11.2014 10:30

​Frankfurt begins first European direct settlements in Chinese yuan
European companies now have the opportunity to settle trading accounts in Chinese yuan. The Bank of China in Frankfurt has become the first to operate European yuan clearing. Trading costs will be cut as there will be no dollar exchange first.

18.11.2014 07:16

China opens up $4.2trn stock market to world via Hong Kong
The Chinese mainland is now open for business, at least in terms of its $4.2 trillion capital market. The Shanghai and Hong Kong stock exchanges are now linked giving foreign investors access to the tightly-controlled Chinese capital markets.

17.11.2014 13:58

Intl producers risk losing Russian market over sanctions- Medvedev
Once sanctions are lifted it may be too late for Western producers to return to the Russian market. By then everything will be replaced by domestically made products, or food and goods imported from other countries, said Russian PM Dmitry Medvedev.

13.11.2014 09:49

Asian vector of Russian policy
The Asia-Pacific region is one of the strategic priorities in Russian foreign policy. As President Vladimir Putin stated at the APEC summit in Beijing, Russia is planning to expand its cooperation with Asian countries in many spheres.

11.11.2014 13:19

​Russia's second biggest bank VTB may leave London Stock Exchange
VTB Bank may quit the London Stock Exchange (LSE), and is currently in talks to get more loans from Asia, CEO Andrei Kostin has said.

10.11.2014 10:59

British banks face major anti-monopoly probe
A major inquiry into the dominance of Britain’s largest banks was launched by the Competition and Markets Authority (CMA) on Thursday in an effort to challenge their monopoly of the UK’s financial sector and boost competitiveness on the high street.

06.11.2014 15:01