Shares of Russian agro-industrial company Rusagro at the afternoon trading on Tuesday, May 11, momentarily rose by 5.08% to 913.4 per Global Depositary Receipt (GDR). At the time of preparation of the material securities corrected to 908.8 rubles per piece. Stock quotes of Rusagro began to rise sharply after the publication of financial results for […]

In January-April, car sales in the People’s Republic of China decreased by 12.1% (year-on-year) and amounted to 7.69 million, according to data from the China Association of Automobile Manufacturers (CAAM). Passenger vehicle sales fell 4.2% to 6.51 million in the four months, while commercial vehicle sales fell 39.8% to 1.18 million. In April, when China’s […]

Saudi Arabia will cut prices for exported oil for buyers from all regions except the United States in June, state-owned Saudi Aramco (TADAWUL:2222) said. Thus, the cost of fuel delivered to Asia will drop by $4.95 a barrel, while the Arab Super Light grade will drop by $5.1 a barrel. As a result, it will […]

In the US, April inflation data will be released, which will help to see if there were signs of peak price growth in the US. Stablecoin Terra USD is still in trouble, as is Coinbase stock after a weak quarter for crypto traders. However, the U.S. stock market will open in the plus side on […]

U.S. Securities and Exchange Commission (SEC) chief Gary Gensler said Tuesday that most digital assets are under his agency’s jurisdiction and platforms trading them must be registered with the regulator. However, he also sharply criticized digital asset exchanges, claiming that some platforms are evading the rules and betting against their customers, Bloomberg writes. Gensler said […]

Russian Energy Minister Nikolai Shulginov and Belarusian Energy Minister Viktor Karankevich have signed protocols on amendments to the intergovernmental agreement on natural gas supplies to Belarus, the Russian Energy Ministry reported. “The documents provide for the transition to gas payment in Russian rubles and determine the terms of gas price formation from April to the […]

Bulgarian Prime Minister Kirill Petkov and U.S. Vice President Kamala Harris have agreed that Bulgaria will start supplying natural gas from the United States “at prices below Gazprom” as early as June, the Bulgarian government said in a statement. The price at which Bulgaria will buy energy resources from the United States was not disclosed. […]

On Wednesday, American stock indices ended with a decline, market participants were assessing the data on April inflation in the United States and following corporate news. The Dow Jones Industrial Average fell by 1.02% to 31834.11 points. The leader of the decline among the components of the index were the shares of Apple Inc. which […]

The market capitalization of Saudi Arabian Oil Co. surpassed the value of Apple Inc. during trading on Wednesday for the first time since 2020, making the state-owned Saudi energy company the world’s most valuable company, Bloomberg reported. Apple shares fell in price by 3.9% during the session, bringing the iPhone maker’s capitalization down to $2.41 […]

Экс-глава Федерального резервного банка (ФРБ) Нью-Йорка Уильям Дадли считает, что Федеральной резервной системе (ФРС) The U.S. would have to raise the benchmark rate to 5% or higher to curb inflation at home. The Fed has had enough of “sugarcoating” the truth about how far it would have to go with a rate hike to get […]

Stock indexes in the U.S. fell again on Wednesday as investors couldn’t shake off the worrying burden of inflation. Technology stocks led the market as investors turned away from riskier bets in recent weeks. The U.S. consumer price index for April, released on Wednesday, showed that price growth had slowed but was still at elevated […]

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Lukoil buys 100% of Shell Oil LLC from the British-Dutch oil and gas company “Shell”, which owns a network of filling stations and a lubricants plant in the Tver Region. The deal will be finalized after receiving approval from the Federal Antimonopoly Service, Kommersant reported. “The acquisition of Shell’s high-quality business in Russia is fully […]

Despite the fall of the high-tech sector as a whole, according to an expert at TD Ameritrade, a Singapore-based brokerage firm, retail investors continue to buy shares of such firms, CNBC writes. The world’s largest high-tech companies recently lost more than $1 trillion in 3 trading sessions. That investors haven’t lost faith in high tech […]

Bitcoin fell below the $27,000 level on Thursday as the recent sell-off in the cryptocurrency space continues, CNBC writes. Bitcoin’s price was last down 8.76% to $26,848.20 as of 01:47 a.m. ET (05:47 GMT) on Thursday, according to Coin Metrics. Etherium, meanwhile, was down more than 13% to $1832.33. Cryptocurrencies, considered risky assets like stocks, […]

The grain harvest in Russia this year, according to preliminary data, may reach 130 million tons, including 87 million tons of wheat, Russian President Vladimir Putin said at a meeting with the government. “A good harvest is expected this year. According to experts’ estimates – of course, these are preliminary estimates – the grain harvest […]

The world’s most important stablecoin, Tether, is fluctuating as the collapse in the cryptocurrency sector deepens. The US Producer Price Index (PPI) for April will be released a day after another troubling consumer inflation report. The U.S. market will extend its losses for the sixth consecutive day and even solid streaming growth can’t help Walt […]