“Gazprom” will determine in the coming days the aspects related to the transition to payment for Russian gas in rubles, this information will be communicated to fuel buyers, presidential spokesman Dmitry Peskov told reporters. Asked by Interfax to comment on statements by EU officials about the impossibility of paying for gas imported from Russia in […]

Dutch brewing company Heineken is leaving Russia. This is stated in a statement on its website. The organization will transfer its business in Russia to a new owner in accordance with local and international laws. On what terms the transfer will take place and who may become the new owner of the enterprises, Heineken did […]

The U.S. dollar is steadily strengthening against the euro, yen and pound sterling in trading on Monday. Against the yen, the dollar rose to the maximum since December 2015. The dollar’s strength is supported by the continued rise in US Treasuries yields amid growing expectations of an acceleration in the pace of base interest rate […]

During the week of March 21-25, the most popular financial instruments (according to Investing.com Russia) were the following: USD/RUB pair, Brent oil futures, Bitcoin, Sberbank shares (MCX:MCX:SBER) and EUR/RUB pair. As for the news, the most interesting for the week were the following: Putin instructed to transfer payments for gas supplies to the EU to […]

Oil prices are sinking Monday on news that China has imposed severe restrictive measures to curb the spread of the coronavirus. Authorities in Shanghai are closing the eastern part of the city, which includes the financial district and industrial parks, for four days starting Monday for mass testing of citizens, Bloomberg news agency reported. Later, […]

Friday will see the release of the March US jobs report, which will be closely watched as it is the last monthly employment report before the next Federal Reserve meeting in May. This week, which promises to be a busy week on the economic data calendar, will see an update on inflation. Events in Ukraine […]

Bitcoin rose in value to a three-month high, and Apple (NASDAQ:AAPL) will reduce production of some gadgets due to the situation in Ukraine – these and other important news for Monday morning, March 28, in our daily review. Germany hopes to become independent of Russian oil and coal imports this year, Chancellor Olaf Scholz said. […]

The MosBirch index fell 3% in the first minutes of trading on Monday, March 28, on MosBirch. The index fell to 2,407.2 points. The RTS index fell 3.4% to 801.5 points. This is the first trading on the exchange after a long break, to which almost all securities are admitted. The Bank of Russia temporarily […]

Tesla and SpaceX CEO Ilon Musk is confident that the problem of climate change is solvable and harbors optimism about it, writes Business Insider. “We will solve the climate problem. The only question is when,” he said. According to Musk, decarbonization will eventually be achieved by solar energy, and the key to this transition is […]

Russian retailers have estimated that the stock of Apple, Samsung and other companies that have limited supplies to Russia will be enough for 2-3 months. At the end of 2021, Samsung ranked first in smartphone sales in the country (32.1%), Chinese Xiaomi with the sub-brand Poco (29.1%) was in second place, Apple – in third […]

Tesla has asked shareholders to vote at its annual meeting on whether to authorize the issuance of additional shares to effect a split, the company announced on Twitter “Tesla will ask shareholders to vote at this year’s annual meeting on whether to authorize additional shares to enable a split,” the company announced. Tesla’s board of […]

Last week, bitcoin managed to break above the 100-day moving average, and on Sunday, its short-term growth amounted to over $47 thousand. This event markedly improved the cryptocurrency’s prospects. In 2019, bitcoin similarly found itself in a bullish range after a 20% breakout. The cryptocurrency hit a new high, followed by another bullish 50% rise. […]

Presidential spokesman Dmitry Peskov said that if European countries refuse to pay for Russian gas in rubles, the fuel will definitely not be supplied for free. He also admitted that Russia will start selling oil to Southeast Asia if Europe refuses to buy Russian raw materials, Kommersant reported. Peskov also said that Russia does not […]

Former Central Bank head Ignatyev will leave the post of Nabiullina’s advisor, and Polymetal may separate its Russian business from its Kazakh business – these and other important news for Tuesday morning, March 29, in our daily review. U.S. President Joe Biden has submitted a budget proposal to Congress for the next fiscal year beginning […]

In today’s trading, the US dollar is stable against the euro, but is getting cheaper against the yen after jumping to its highest since July 2015 during the previous session. The dollar is being supported by growing expectations of an acceleration in the pace of base interest rate hikes by the Federal Reserve (Fed). At […]

Experts of the international rating agency S&P Global Rating believe that tough international sanctions and the breakdown of established ties with Western business will lead to a deep recession in Russia’s economy this year. According to S&P’s forecast, Russia’s GDP will decline by 8.5% in 2022 and remain flat in 2023. Analysts at the agency […]

Retail sales in Japan fell 0.8% in February compared to the same month last year, according to data from the country’s Ministry of Economy, Trade and Industry. The drop was recorded for the first time since September last year. Analysts on average had expected a decline of just 0.3%, Trading Economics reported. According to the […]