Russia

Boeing Holds On as DJIA’s Best Performer in 2017

For the second week in a row, Boeing Co. (NYSE: BA) stock dipped week over week. Shares lost about 1.2% last week, on top of 1.65% in the prior week. ...
Read Full Story »

Uber Teams Up With Yandex to Dominate Russian Ride Sharing

Shares of Yandex N.V. (NASDAQ: YNDX) saw a handy gain on Thursday after the company announced a new agreement with the ride-sharing service Uber. According to the deal, the companies ...
Read Full Story »

How THAAD Missile Defense Applies in South Korea: Stats, Costs, Backing, Controversy

When nations are confronted with military threats and when diplomatic solutions are elusive, there are two primary military options. One is to be offensive, by overwhelming your enemy with violence ...
Read Full Story »

China Challenges Boeing, Airbus Wide-Body Market

China's Commercial Aircraft Corp. of China, better known as Comac, and Russia's United Aircraft Corp. (UAC) announced a formal agreement Monday in Shanghai to develop, build and sell a wide-body ...
Read Full Story »

OPEC, Russia Want Longer Period of Production Cuts

The whole idea behind the crude oil production cuts initiated by the Organization of the Petroleum Exporting Countries (OPEC) and its 11 non-member partners, including Russia, was to slice 1.8 ...
Read Full Story »

Half of Americans Believe Russia Now More Dangerous Than Ever

A recent survey by endpoint security platform provider Endgame showed that more than half (51%) of Americans think that Russia is more dangerous now than it was during the 40-year ...
Read Full Story »

Stealing Video in Russia: People Say Not a Crime, Not a Problem

Pirating copyrighted material has been a thorn in the side of the music, movie and television production business for decades. When it became possible to make digital copies of these creations, ...
Read Full Story »

Lack of Investment Poses Risk of Sharp Increase in Oil Price

At Monday's opening session of CERAWeek, an annual major energy industry conference in Houston, the International Energy Agency (IEA) released its latest medium-term oil market report, indicating strong growth in ...
Read Full Story »
Oil Barrels

Crude Oil Price Remains Flat, Waiting for January Cuts to Start

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, one day later than usual due to the Christmas holiday. U.S. commercial crude inventories increased by ...
Read Full Story »
Oil Barrels

Crude Oil Price Dips on Inventory Report, Worry Over OPEC Cuts

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.4 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Money

Fitch Offers Brighter US and Emerging Market GDP Growth in 2017, Less So for China

As the year comes to an end, you can expect to see more and more 2017 forecasts. Fitch Ratings is joining in on that trend. Much of the report is ...
Read Full Story »
Pump Jacks Against at Dusk

If Crude Production Cuts Don’t Happen, Price Could Tumble $10 a Barrel

Crude oil prices have been volatile for the past six months, hitting a high near $54 a barrel in June and a low of around $43 a barrel in early ...
Read Full Story »
oil tanks

Saudi Arabia Pushes 2% Output Cut

The OPEC meeting on November 30 could result in a cut of nearly 2% to the world's daily output if Saudi Arabia gets its way. The Saudis are pushing a ...
Read Full Story »
F-35AB-LMT

Selling Fighter Planes to India Now Means Building the Planes in India

In mid-October, the government of India kicked off a new program to attract foreign aircraft makers to build military fighter jets for the Indian Air Force in India using the ...
Read Full Story »
oil tanker

Will Crude Oil Price Remain Above $50 a Barrel?

For the first time in three months, the price of a barrel of West Texas Intermediate (WTI) crude oil appears set to close above $50. WTI for November delivery reached ...
Read Full Story »