Musk says climate change poses no threat to human existence in short-term

Sputnik|Published

The entrepreneur has also said that the modern world should not abandon the use of oil and other fossil fuels.

BRICS continues to discuss increased use of national currencies - Ramaphosa

Sputnik|Published

He added that further discussions on the issue would have to continue, in particular, at the level of finance ministers of the BRICS countries.

BRICS: Russia, SA considering construction of gas power plant – Russian Energy Ministry

Sputnik|Published

Talk of Russian LNG is also being discussed for effective operation of new generating capacities in South Africa.

Developing countries all set to start trading in national currencies - BRICS bank head

Sputnik|Published

There are no obstacles for developing countries to switch to trade in national currencies, says the president of BRICS’ New Development Bank, Dilma Rousseff.

Russia to continue to supply grain, food, fertilisers to Africa – Putin

Sputnik|Published

The Russian president said he highly valued and would further develop the full spectrum of economic ties with Africa – with individual states as well as regional ...

El Nino expected to bring extreme temperatures to many parts of the world

Sputnik|Published

El Nino is a global weather phenomenon that is a naturally occurring climate pattern associated with warming ocean surface temperatures in the central and eastern ...

OPEC+ decision on production cuts may cause global surge in oil prices - Japanese cabinet

Sputnik|Published

OPEC+ decision to extend oil production cuts until the end of 2024 may cause an increase in global oil prices due to the possible imbalance of supply and demand. ...

US may see another 50 banks close amid crisis, recession now 'certain' - ex-Lehman exec

Sputnik|Published

The US banking crisis has already affected several states around the globe including in Europe.

Russian richest billionaires’ net worth up $10. 4bn since start of 2023

Sputnik|Published

The index includes 500 richest people on the planet, and currently, 22 of them are Russian citizens.

G20 close to raising $100 billion to tackle the issue of climate change, while President Xi calls for stronger action

Reuters , Xinhua and Sputnik|Published

As US Treasury Secretary Janet Yellen said the Group of 20 rich nations was just ’a few billion dollars short’ of a pledge to raise $100 billion (R1. 5 trilliion) ...

World Bank, African Union team up to help supply vaccines to African states

Sputnik|Published

The World Bank and the African Union (AU) have agreed to collaborate on supplying coronavirus vaccines for up to 400 million people on the continent.

Apple slapped with $6. 7m fine

Sputnik|Published

The Australian federal court fined US tech giant Apple $6. 7m for telling some Australian Apple device owners their faulty devices could not be fixed.

NDB head favours BRICS free trade

Sputnik|Published

New Development Bank president Kundapur Vaman Kamath yesterday welcomed the idea of creating a free trade area within the BRICS group of states.

IMF warns on US, China trade war

Sputnik|Published

Trade wars will affect the entire global economy, not only certain countries, International Monetary Fund managing director Christine Lagarde said.

R238m lost in cyberattacks in Russia

Sputnik|Published

Russian banks were hit by 11 cyberattacks involving the Cobalt Strike software in 2017, with the amount of losses estimated at 1. 156 billion roubles.

Current oil market stable

Sputnik|Published

The plunge, caused by a glut in global supplies, prompted oil producers to agree on limiting output in late 2016.

BP boss confident of global oil market equilibrium

Sputnik|Published

BP Chief executive Bob Dudley said that the global oil market had already reached equilibrium and further shock price movements were unlikely.

Prices soar in Davos over WEF

Sputnik|Published

Prices for accommodation in the Swiss Alps town of Davos, hosting the annual World Economic Forum on January 22 to 26, have soared.

Kaspersky Lab hopes to continue working with Barclays in UK – General Manager

Sputnik|Published

Kaspersky Lab hopes to continue its cooperation with Barclays despite accusations that the lab has been spying on the London-based bank's customers.

Russia is not interested in Bitcoin

Sputnik|Published

Bitcoin is not appropriate for use within the Russian economy since it is based on foreign cryptocurrency algorithms.

President Zuma invites Vladimir Putin to South Africa

Sputnik|Published

President Jacob Zuma invited Russian President Vladimir Putin to visit his country at a meeting with Putin on the sidelines of the BRICS summit.

Musk leads the call for a ban on so-called killer robots

Sputnik|Published

Elon Musk, along with 115 other business minds, focused on AI and robotics signed an open letter calling for a ban on the so-called killer robots.

KPMG hit with $6. 2m penalty

Sputnik|Published

KPMG has accepted the fine which emerged as a result of them involved in business with Miller Energy

Big divorce is going to cost the Brits 'big time'

Sputnik|Published

THE UK IS ready to pay the EU up to £36billion (R630bn) in accordance with London?s financial obligations which are a result of its EU membership, local media reported ...

Nobel for economics awarded

Sputnik|Published

The Royal Swedish Academy of Sciences awarded the Nobel Prize in Economics Sciences to Oliver Hart and Bengt Holmstrom.