“Sber is considering the possibility of shutting down its gaming division SberGames, sources in the gaming market told Kommersant. One of the interlocutors specified that the structures of the sanctioned bank will probably not be able to publish games on mobile application marketplaces. The interlocutor in a major game studio added that SberGames employees are […]

Google has banned developers in Russia from downloading and updating paid applications in Google Play, according to the service’s blog. Subscriptions that have already been paid for will be valid until the end of the period specified in the application, then they will be canceled. For developers whose apps provide “critically needed services,” Google recommended […]

Shares of the American aerospace company Virgin Galactic fell by 4.5% – to $7.16 – in preliminary trading on the New York Stock Exchange. The decline in securities of the company of billionaire Richard Branson occurred against the background of the message that the launch of commercial services for tourists postponed from the fourth quarter […]

April 29, Russia’s international reserves amounted to $593.1 billion, reported the Bank of Russia. As of April 22, international reserves amounted to $607.1 billion. Thus, during the week they decreased by $14 billion, or 2.3%. As the regulator notes, the reserves decreased mainly as a result of negative revaluation. In the previous week, the reserves […]

Cryptocurrencies will not be able to help Russia fight Western sanctions restricting international financial transactions, RBC writes, citing a report by rating agency Moody’s. The imposition of international sanctions against Russia has raised questions about whether cryptocurrencies, including bitcoin, can be used “to circumvent sanctions and restore the rights of Russian citizens and the government’s […]

Oil production in Russia in early May is higher than in April, the situation with refining is stable, Russian Deputy Prime Minister Alexander Novak told reporters yesterday during a parade. Asked about the possibility of a greater decline in oil refining in May compared to April, Novak said: “If you look at the figures for […]

The world’s largest IT companies have lost more than $1 trillion in market value, and more than 40% of BTC investors have gone into negative territory due to the cryptocurrency’s plunge – these and other important news for Tuesday morning, May 10, in our daily review. U.S. President Joe Biden said he is concerned that […]

Quotes of futures for WTI crude oil declined in Asian trading on Tuesday. At the New York Mercantile Exchange, futures for WTI crude oil with delivery in June are trading at $101.09 per barrel, down 1.94% at the time of writing this commentary. The low of the session was $ per barrel. At the time […]

Britain has decided to impose new sanctions against Russia and Belarus in order to limit Moscow’s ability to conduct a special military operation. This is stated on the website of the British government. Thus, the kingdom will increase duties on imports of Russian chemicals, platinum and palladium up to 35%. This decision will affect imports […]

Quotes of gold futures rose during Asian trading on Tuesday. On COMEX, a division of the New York Mercantile Exchange, gold futures for delivery in June are trading at $1.00 per troy ounce, up 0.24% at the time of writing this commentary. The maximum of the session was at $1.00 per troy ounce. At the […]

The U.S. stock market ended Monday’s trading with a decline amid negative dynamics from the sectors of oil and gas, technology and raw materials. At the time of closing on the New York Stock Exchange, the Dow Jones fell by 1.99%, reaching a 52-week low, the S&P 500 index fell by 3.20%, the NASDAQ Composite […]

Germany is preparing an action plan, which it will implement if Russia decides to cut off gas supplies. This is reported by Reuters with reference to its own sources. One of the possible measures is rationing of gas consumption. According to Reuters, this would mean a change in the current policy, according to which in […]

The last two lines of the Shanghai Metro closed on Tuesday afternoon, thus bringing the entire Shanghai Metro to a halt. “From 1 p.m. on May 10, 2022 and until further notice, the sixth and sixteenth lines of the Shanghai Metro will cease operation. At this time, all lines and stations of the Shanghai Metro […]

The Ukrainian crisis and rising inflation have now become the most serious threats facing the global financial system, ABC News reports, citing the Federal Reserve. “The Fed no longer sees the coronavirus pandemic as the biggest threat …. It has been replaced by the conflict in Ukraine and record inflation,” the publication said. As the […]

Japan on Tuesday circulated an expanded list of Russian companies and individuals subject to sanctions. It includes 70 companies and 130 Russian politicians, including Prime Minister Mikhail Mishustin, as well as businessmen and members of their families. Sanctions are also imposed against the leadership of the DNR and LNR. Russian companies, which, as Tokyo considers, […]

Natural gas futures prices declined during the U.S. session on Monday. At the New York Mercantile Exchange, natural gas futures for delivery in June are trading at $7.12 per million Btu, down 11.53% at the time of writing this commentary. The session low was $/mmBtu. At the time of writing, natural gas found support at […]

Speakers at the US Federal Reserve (Fed) will line up to push markets one way or another, a day after the central bank warned of deteriorating liquidity in key markets. The cryptocurrency market is showing signs of stress as the Terra stablecoin lost its peg to the dollar. Stocks should recover after Monday’s rout. Tesla […]

In March 2022 the volume of industrial production in Italy remained unchanged compared to February, according to the data of the Italian statistical agency Istat. With the exclusion of seasonal and calendar factors, industrial production in annual terms increased by 3%. The output of consumer goods in March compared to the previous month increased by […]