Japan Notes Advancing Military Cooperation Between Russia, China in Fresh Defence Paper

TOKYO (Sputnik) - Japan's 2020 Defence White Paper published on Tuesday contains assessments of growing Russian-Chinese military cooperation, highlighted in a separate chapter.Want to know more on Japan Notes Advancing Military Cooperation Between Russia, China in Fresh Defence Paper click here go to market news source. Market news summary from Sputnik Business News.Author:

Huawei Registers 13.1 Percent Sales Rise in First Half of 2020 Despite US Sanctions

MOSCOW (Sputnik) - Chinese tech giant Huawei has posted revenues of 454 billion yuan ($64.8 billion) in the first half of 2020, a 13.1 percent increase year-on-year, despite increased US sanctions on the firm and uncertainty over it’s role in the development of 5G telecommunications networks across the globe, according to a Monday statement.Want to know more on Huawei Registers 13.1 Percent Sales Rise in First Half of...

As Two Businessmen Convicted Of Bribery, Has Oil Industry Lost ‘Cavalier Attitude’ to Corruption?

After British and US troops invaded Iraq in 2003 and ousted Saddam Hussein, a new pro-Western government took over and began handing out lucrative contracts in the oil industry. But did some foreign companies overstep the mark and offer outright bribes to win contracts?Want to know more on As Two Businessmen Convicted Of Bribery, Has Oil Industry Lost ‘Cavalier Attitude’ to Corruption? click here go to market news...

Tesla becomes 10th largest US company by market value after stock breaks all-time high

Stock Market of US electric car maker Tesla extended gains to a fresh record high on Monday, pushing the value of the company past $330 billion. Investors continue to bet that the stock will soon join the S&P 500. After closing at an all-time high on Friday, Stock Market surged another 12 percent on Monday, with the market value rising to $321 billion, according to FactSet. Tesla is now...

Audit Results of Russian Anti-Doping Watchdog to Be Published Monday, Olympic Committee Says

MOSCOW (Sputnik) - The audit results of the Russian anti-doping agency (RUSDA) will be published Monday, the head of the Russina Olympic Committee (ROC), Stanislav Pozdnyakov, said.Want to know more on Audit Results of Russian Anti-Doping Watchdog to Be Published Monday, Olympic Committee Says click here go to market news source. Market news summary from Sputnik Business News.Author:

Oil price crash sparks a wave of banking mergers in the Middle East

As a result of reduced demand and the fallout from the oil price war, Middle East banks are being forced to merge just to stay afloat. The historic oil price crash and Covid-19 pandemic have left major producers of the commodity in a deep economic crisis. Dramatic production cuts by OPEC+ has exacerbated the situation by further lowering export inflows for economies that depend heavily on oil dollars....

Fed creating stock market bubble by printing trillions of dollars in coronavirus relief

The $3 trillion rescue plan by the US Federal Reserve to limit the economic damage from the Covid-19 pandemic is fueling excesses across US capital markets, investors say. The Fed has pledged unlimited financial asset purchases to sustain market liquidity, increasing its balance sheet from $4.2 trillion in February to $7 trillion currently. Most of those purchases have been limited to US Treasuries and mortgage-backed securities, but the...

Russia’s Military Vehicles Manufacturer Develops New Lightweight Armoured Car Strela

MOSCOW (Sputnik) - Russia has developed a cutting-edge Strela armoured cross-country vehicle that is twice as light as the Tigr-type vehicles and has a higher speed, as well as better mine protection, Alexander Krasovitsky, the director general of Military Industrial Company (VPK), an armoured military vehicles manufacturer, said on Monday.Want to know more on Russia's Military Vehicles Manufacturer Develops New Lightweight Armoured Car Strela click here go to...

Millionaires Across World Ask to Pay Higher Taxes to Help Fund COVID-19 Response

MOSCOW (Sputnik) - Wealthy individuals, calling themselves Millionaires for Humanity, in an open letter on Monday called on governments to increase taxes on rich people to help cope with the coronavirus pandemic and its consequences.Want to know more on Millionaires Across World Ask to Pay Higher Taxes to Help Fund COVID-19 Response click here go to market news source. Market news summary from Sputnik Business News.Author:

Russian Investigators Bring High Treason Charges Against Roscosmos Aide Safronov

MOSCOW (Sputnik) - Russian investigators have brought high treason charges against Ivan Safronov, a former defenсe journalist and currently an adviser to Russian space agency Roscosmos chief, lawyer Ivan Pavlov said on Monday, adding that Safronov keeps denying his guilt.Want to know more on Russian Investigators Bring High Treason Charges Against Roscosmos Aide Safronov click here go to market news source. Market news summary from Sputnik Business News.Author:

Tests of Russia’s COVID-19 Vaccine Conducted in Compliance With Regulations

MOSCOW (Sputnik) - The Russian Defence Ministry stressed on Monday that tests of the vaccine against coronavirus are being conducted in full compliance with methodological regulations, with no attempts to reduce the duration of the research.Want to know more on Tests of Russia's COVID-19 Vaccine Conducted in Compliance With Regulations click here go to market news source. Market news summary from Sputnik Business News.Author:

Russian Foreign Ministry Concerned Over Escalation at Armenian-Azerbaijani Border

MOSCOW (Sputnik) - Moscow is seriously concerned about the recent escalation of the situation at the Armenian-Azerbaijani border and is ready to provide the necessary assistance to promote stabilisation, the Russian Foreign Ministry said on Monday in a statement.Want to know more on Russian Foreign Ministry Concerned Over Escalation at Armenian-Azerbaijani Border click here go to market news source. Market news summary from Sputnik Business News.Author:
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