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September 15, 2019, 23:35

Norway’s Wealth Fund Votes to Defy Paris Climate Accord

Norway’s $1-trillion sovereign wealth fund has voted against climate targets, advocated for by several international institutional investors, as the fund’s excessive reliance on global stocks suggests acceleration in global manufacturing would improve its profitability.Kristian...

Bank of Korea to Take ‘Wait And See’ Stance Ahead of Trump-Kim Talks

South Korea’s central bank is expected to keep its interest rates unchanged at 1.5 percent amid the softer macroeconomic data at home, foreign trade woes, and political uncertainty.Kristian Rouz — South Korea's central bank is...

US Vows to Cancel Sanctions Against Russia’s GAZ Group: Deripaska Has to Leave

WASHINGTON (Sputnik) - The United States may remove sanctions imposed on Russia’s GAZ Group if Oleg Deripaska cedes control of the company, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC)...

Oil Price to Reach $100 by Summer 2019 Thanks to Trump – Analyst

OPEC and Russia's oil output cut quadrupled by Donald Trump's pullout from the Iran nuclear deal have catalyzed an increase in oil prices. Speaking to Sputnik, analysts shared their prognoses on crude oil price...

Iran May Start Work With Medium-Sized EU Firms Amid US Sanctions – Official

MOSCOW (Sputnik) - Iranian Deputy Oil Minister Amir Hossein Zamaninia said on Tuesday that he did not rule out the possibility of Tehran's cooperation with medium-sized European companies which are less dependent on US...

Economy Minister: Germany to Help Firms Trading With Iran ‘Where It Can’

While uncertainty in the wake of the secretary of state’s address about the future of European companies in Iran grows, Germany’s top economic official has promised to do his best in negotiating but warned...

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