Moscow Exchange plans to launch a separate trading mode for non-residents at the end of June. Withdrawal of funds for them will still be unavailable, Interfax reports citing sources. According to the agency, brokers are already preparing appropriate IT solutions to provide an opportunity to trade in this mode to their “blocked” non-resident clients. “The […]

A slight easing of monetary policy in China sparked a brief market recovery in the U.S., but U.S. stocks are still on course for their lowest weekly close since March 2021. U.S. President Joe Biden is expected to sign a $40 billion aid bill for Ukraine after the Senate voted in favor of it on […]

Twitter (NYSE:TWTR) shares rose 3% on Thursday after the company informed employees that its deal with Elon Musk is not on hold and the deal price of $54.20 per share will not be renegotiated, Business Insider writes. Musk recently wrote on the social network that his deal with Twitter is “on hold” as he must […]

Warren Buffett is undoubtedly the most famous and influential investor in modern history, so it’s no surprise that the investment portfolio of Berkshire Hathaway Inc., the holding company of which Buffett is chairman and CEO, attracts widespread attention. But Buffett’s investment model has long been transparent, simple and consistent: he invests in large blue chip […]

The Bank of Russia has decided to cancel the ban on short selling from June 1. This is reported in the press release of the Central Bank on the official website of the regulator. In addition, the ban on buying currency with leverage is canceled. Also, the Central Bank decided to temporarily reduce the amount […]

Oil is getting more expensive today after the increase in the results of the previous week. Oil quotations ended last week with strong gains, with WTI adding about 2.5% and Brent up about 1% amid investor supply concerns. “The attention of the oil market fluctuates between the tightening of monetary policy, causing an economic downturn, […]

The U.S. stock market ended Friday’s trading, which was marked by volatility, mixed. Despite the fact that the stock indices started the session on a positive note, they were declining throughout most of the trades. The S&P 500 and Dow Jones Industrial Average indices still managed to end the day in the green zone. Participants […]

Against the background of Western sanctions and difficulties for Russian companies with settlements and deliveries, offers to open bank accounts in offshore zones and to register a business in these zones have appeared on the Internet. “Izvestia” found more than ten such resources. To companies that open foreign or offshore accounts, the resources promise simplification […]

South Korean automaker Hyundai Motor Group on Friday confirmed reports that it will build an electric car plant in the U.S., Market Watch reported. The plant, which will be located near Savannah, Georgia, is estimated to cost $5.5 billion. Georgia Governor Brian Kemp called the deal the largest economic development project in the state’s history. […]

The Polish government has terminated the agreement on gas supplies from Russia ahead of schedule, Kommersant reports. The country had planned to finally give up gas supplies at the end of the year. Under the agreement, which runs until 2022, Poland could receive up to 10 million cubic meters of gas annually from Russia. The […]

The Central Bank and the Ministry of Finance are taking measures to curb the ruble’s appreciation, and the Ministry of Economy has estimated the share of Russian exports affected by sanctions – these and other important news for Monday morning, May 23, in our daily review. The Central Bank has started buying foreign currency again […]

With U.S. stock indexes on the cusp of a bear market, investors are awaiting the minutes of Wednesday’s U.S. Federal Reserve meeting to get more insight into the central bank’s response to soaring inflation. Retailer earnings will be in focus after last week’s disappointing results from major retailers shook a market already hard hit by […]

Gold mining in the Chukotka Autonomous District in January-April 2022 decreased by 9% to 6.5 tons compared to the same period of 2021, the press service of the office of the governor and government of the region reported. “At the Dvoinoye deposit (one of Kinross Gold’s assets, the plans to sell it to Highland Gold’s […]

After a two-year hiatus, the first face-to-face meeting of world political and economic leaders is expected to take place this week in Davos, Switzerland. Some 2,500 individuals are expected to attend the meeting, CNBC writes. Event organizers have postponed the meeting from the traditional January date for security reasons amid a coronavirus pandemic. In this […]

U.S. Apple Inc. wants to increase production outside of China because of Beijing’s overly harsh anti-commodity policies and disagreements between the PRC and the U.S., knowledgeable sources told The Wall Street Journal. The company is primarily looking at India and Vietnam as countries where it could ramp up capacity at its existing non-large-scale production facilities […]

A new name has been developed for the McDonald’s restaurant chain in Russia. Two Latin letters – Ms – will be used as a signboard, while the M may remain branded. This is reported by the newspaper Izvestia with reference to its source. According to him, the parent company took part in the development of […]

The State Duma Committee on the Financial Market has been “routinely” discussing a draft law that would allow holders of individual investment accounts (IIA), who have been affected by the transfer of assets between brokers, to have more than one such account. This is reported by “Kommersant” with reference to the President of the National […]

US chip maker Broadcom is in talks to buy software developer VMware, the Financial Times reported. “The deal, which could be worth more than $50 billion, would turn the semiconductor group into a diversified technology company, (operating in areas) ranging from chips to cloud computing services,” the publication wrote. VMware has long been considered one […]