Category: Business

Norway’s Wealth Fund Votes to Defy Paris Climate Accord

Norway’s Wealth Fund Votes to Defy Paris Climate Accord © AP Photo / Alastair GrantBusiness12:10 23.05.2018Get short URL 0 0 0 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. […]

US Treasury Vows to Cancel Sanctions Against Russia’s GAZ Group

US Treasury Vows to Cancel Sanctions Against Russia’s GAZ Group © Sputnik / Grigoriy SisoevBusiness23:09 22.05.2018Get short URL 0 0 0 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

Oil Price to Reach $100 by Summer 2019 Thanks to Trump – Analyst © Fotolia / marrakeshhOpinion21:28 22.05.2018Get short URLEkaterina Blinova 0 0 0 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 […]