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 […]

The export duty on wheat from Russia has been raised to $87 from $86.4 per ton from March 30, the Agriculture Ministry said. The increase is observed for the second week in a row after falling for nine weeks. The duty on barley was reduced to $75.8 from $79.6 per ton, while corn was raised […]

U.S. stock indices ended Tuesday’s trading with a significant rise thanks to investors’ optimism about the outcome of the first face-to-face talks between representatives of Russia and Ukraine in two weeks. The Russian side intends to take two steps to de-escalate the situation in Ukraine, head of the Russian delegation Vladimir Medinsky told reporters after […]

German business warned of the risk of production stoppage in case of refusal from Russian gas, and Renault thought about transferring its stake in Avtovaz to a Russian investor – these and other important news for Wednesday morning, March 30, in our daily review. The accounts of Tinkoff Bank clients, which were previously blocked after […]

The Asia-Pacific stock market was mostly up Wednesday morning as investors realized the likelihood of de-escalation in Ukraine and lower oil prices. Japan’s Nikkei 225 index was down 1.27% by 22:29 Eastern Time (02:29 GMT); with retail sales for February 2022 down 0.8% year-on-year. South Korea’s KOSPI 50 rose 0.27%, while Australia’s ASX 200 gained […]

The market has been remarkably resilient recently to the global challenges facing the world, but even the most optimistic investors are preparing for the fact that a bear market is already increasingly likely. Under these circumstances, adding passive-income investments to a portfolio can ensure that profits will continue if stock prices fall, Yahoo writes. 1. […]

Quotes on the Moscow Exchange at the moment soared by 37.2%, reaching 699.8 rubles per share. The shares of the Russian IT holding are trading for the second day after more than a month’s break. During this time, the company’s shares have risen 136%. At 10:27 MSC at 10:27 MSC for the third time in […]

One of the main factors of apparently inevitable stagflation in developed economies is the inflationary shock on agricultural products and components of their production. The intensification of agro-commodity price growth is obviously caused by the geopolitical conflict in Eastern Europe, as the countries involved in the conflict are among the main players in the global […]

U.S. stock indexes fell on Wednesday as the special operation in Ukraine continued and investors braced for new employment data and a meeting of the international oil producers’ cartel to decide what to do next. U.S. jobs data on Wednesday came in positive, slightly above expectations, and set the tone for the government’s broader March […]

At the beginning of trading on the last day of March, the Russian stock market demonstrates a major mood, despite the deterioration of the external raw materials (oil and metals fell in price) and stock market conditions due to the weakening of optimism regarding the progress in the negotiations between Russia and Ukraine, as well […]

Shares of bitcoin mining businesses are too expensive compared to owning the cryptocurrency directly, according to Sam Doctor, chief strategist at BitOoda and MarketWatch, a financial services platform for digital assets. According to the expert, buying bitcoins directly is better than investing in cryptocurrency mining. Just like in the mining industry, investors can calculate the […]

The US Treasury Department’s Office of Foreign Assets Control (OFAC) has published a new general license dated March 24, which effectively removed Russian mineral fertilizers from possible sanctions. They have been added to the list of essential products along with agricultural products, medicines and medical devices, according to Kommersant. According to the publication’s sources, the […]