BUSINESS

US-Owned Firm’s $3.5 Bln Takeover Bid for UK Defence Manufacturer ‘Shocks’ Ex-Head of Royal Navy

US-Owned Firm’s $3.5 Bln Takeover Bid for UK Defence Manufacturer ‘Shocks’ Ex-Head of Royal Navy

Ultra Electronics manufactures key defence equipment for the UK Armed Forces as it remains world leader in making sophisticated submarine-detecting…
Dow Jones Hits 35,000 First Time Ever as US Stock Indexes End Week at Record High

Dow Jones Hits 35,000 First Time Ever as US Stock Indexes End Week at Record High

NEW YORK (Sputnik) – Wall Street’s Dow Jones Industrial Average on Friday crossed 35,000 points for the first time ever…
Tesla Head Elon Musk Says Electric Carmaker Will Likely Accept Bitcoin Again

Tesla Head Elon Musk Says Electric Carmaker Will Likely Accept Bitcoin Again

WASHINGTON (Sputnik) – Tesla will likely begin accepting again Bitcoin as a payment method for the electric cars it sells,…
Brent Crude Drops Below $70 Per Barrel First Time Since 1 June

Brent Crude Drops Below $70 Per Barrel First Time Since 1 June

MOSCOW (Sputnik) – Global oil prices are falling by 5% on Monday, with Brent crude dropping below $70 per barrel…
US Stocks Plunge on COVID Resurgence, Growth Worry; Key Indices Down About 2%

US Stocks Plunge on COVID Resurgence, Growth Worry; Key Indices Down About 2%

NEW YORK (Sputnik) – US stocks on Monday extended their selloff from last week, with key indices falling about 2…
Russian Ship Building Nord Stream 2 Ditches Danish Waters, Arrives in German EEZ to Continue Work

Russian Ship Building Nord Stream 2 Ditches Danish Waters, Arrives in German EEZ to Continue Work

Construction of the $10.5 billion, 1,230 km energy mega-infrastructure project is proceeding apace and is expected to wrap up in…
OPEC+ Extends Production Cut Pact to 2022, Agrees to Begin Boosting Oil Output Amid Surging Demand

OPEC+ Extends Production Cut Pact to 2022, Agrees to Begin Boosting Oil Output Amid Surging Demand

Earlier this month, the United Arab Emirates unilaterally rejected a Saudi proposal to extend oil production cuts agreed in April…
Russia Slashes Investment in US Debt Again, Holdings Down 97 Percent Since 2018

Russia Slashes Investment in US Debt Again, Holdings Down 97 Percent Since 2018

Earlier this month, the Russian Finance Ministry announced that it had brought the share of the US dollar in the…
Apple, Goldman Sachs to Launch ‘Buy Now, Pay Later’ Service

Apple, Goldman Sachs to Launch ‘Buy Now, Pay Later’ Service

Some have described the launch of this new service by the two giants as the “rebranding of the credit card”.…
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