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Trade

Mailbox of the future: Drone delivery nets may soon replace postmen
Drone delivery nets, proposed by two Australian inventors, may become the solution that Amazon and Google are looking for in order to start mass delivery of small packages via unmanned aircrafts.

30.11.2014 20:33

Rosneft gets stake in Total refinery in Germany
Russian oil major Rosneft has agreed to take over a 16.67 percent stake from France’s Total in an oil refinery in Germany. The deal was struck during the first visit to Russia of Total’s new CEO.

28.11.2014 13:22

​WTO agrees on landmark $1tn reform package
After almost two decades of stalemate, all 160 members of the WTO have signed the first deal to simplify standards for customs checks and border procedures. The new rules are expected to increase trade by $1 trillion, and could add over 20 million jobs.

28.11.2014 14:35

#BlackFriday: Brits react to manic sales shopping
It isn’t even December yet, but for thousands of Brits it’s time to shop till you drop, as annual ‘Black Friday’ sales take place across the globe.

28.11.2014 11:01

Italian ex-FM: Sanctions affecting EU much more than expected, not impacting US at all
Italian politician Franco Frattini has hit out at sanctions implemented against Russia, saying they are counterproductive. He also says Russian loans to Ukraine are much bigger than the amount of money the EU is prepared to offer Kiev.

27.11.2014 19:13

​Higher oil prices could drag OPEC’s ‘best customers’ into recession, expert warns
If OPEC members decide to boost oil prices by cutting production, this may severely hit some of the cartel’s key customers in China and other Asian countries, Ed Hirs, Managing Director of Hillhouse Resources an oil investment firm told RT.

27.11.2014 08:09

‘Morally indefensible’: UK govt accused of 'cozy’ links with tax avoiding tech giants
The British government has been accused of being too close to international tech giants such as Google and Facebook, and has allowed them to avoid millions in corporation tax.

26.11.2014 14:35

Russia and Vietnam to jointly develop energy in Arctic, Siberia
Russia’s Gazprom and its oil arm Gazprom Neft have agreed with the Vietnamese energy company Petrovietnam to jointly develop Russia’s Arctic offshore oil and gas in Siberia, as well as supply the country’s ESPO blend crude to Vietnam.

26.11.2014 07:51

UK approved Israeli arms deals worth £7mn in lead-up to Gaza conflict
The UK government approved £7 million worth of military licenses to Israel during the six months leading up to the recent assault on Gaza, according to campaigners.

24.11.2014 14:12

Libya owes UK £14mn for scrapped military training scheme
The Libyan government owes the UK £14 million for an aborted training program aimed at helping the depleted post-Gaddafi army to recover. The program was abandoned after recruits sexually attacked locals near their Cambridgeshire barracks.

24.11.2014 11:24

​Russia-China trading settlements in yuan increases 800%
Settlements in yuan between China and Russia have increased ninefold in annual terms between January and September 2014, says the Chinese Ministry of Economic Development.

21.11.2014 13:57

‘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