Business

New car sales in Russia up by 10% yoy in January-July reaching 815,100 units — ministry

The domestically produced car market exceeded 516,000 units during the reporting period

Are Americans ready to embrace tiny 'cars'? These companies think so

Electric low-speed vehicles, or LSVs, are a step above a traditional golf cart but below a typical light-duty car or truck sold in the U.S.

IBM’s Gary Cohn on Warsh’s Fed, Yen Intervention, Markets

IBM Vice Chairman Gary Cohn says, “the market became addicted to knowing what the Fed was going to do” as he discusses market reaction to Federal Reserve Chairman Kevin Warsh’s handling of the US central bank. Cohn also discusses Japan and…

Senate appears ready to advance Blanche after Cornyn strikes deal

Sen. John Cornyn, R-Texas, a key holdout on confirming Todd Blanche for attorney general, struck a deal to end the controversial "anti-weaponization fund."

Visa to buy fraud intelligence provider BioCatch for $2.4 billion

Visa beefs up cybersecurity offerings with $2.4 billion BioCatch deal

St. Petersburg Gas Forum postponed until April 2027 — Gazprom

The decision was made due to a large number of other major related events scheduled for this October

Strategy Sells More Bitcoin, Stock as It Pushes on With Overhaul

Michael Saylor’s Strategy Inc. is plowing ahead with its pivot from relentlessly buying Bitcoin to focusing on shoring up its capital structure by raising its reserve via sales of the token and its own shares.

Malawi: Expert Demands Overhaul of Escom's Crumbling Power Grid

[Nyasa Times] An energy expert has issued a scathing warning over Malawi's crumbling power infrastructure, demanding that state-run distributor Escom urgently overhaul its maintenance and monitoring systems to put an end to the country's…

Testing of the SJ-100 aircraft will be conducted until the end of the year

The production center in Komsomolsk-on-Amur will carry out a full cycle of both ground and flight tests for the aircraft

Gold is still in its ‘explosive phase,’ says Deutsche Bank, as it sticks to year-end target

Going back as far as 1957 and a few periods notwithstanding, gold tends to outperform CPI and in the last couple of yars this has been especially pronounced.

Chile Peso Bonds Face Pressure if Strait of Hormuz Stays Closed

Chile’s peso borrowing costs risk hitting highs for the year in August as the Middle East conflict drags into its sixth month, even as the economy struggles to gain momentum.