Consolidated revenue “Yandex” in 2021 under US GAAP increased by 54% to 356.2 billion rubles, writes “Prime” with reference to the message of the Internet company. “Total revenue in 2021 grew by 54% year-on-year to RUB 356.2 bln in 2020. This is higher than the analysts’ forecast of RUB 351 bln,” the report said. The […]

The Central Bank and 12 Russian banks have started testing a digital ruble platform, Vedomosti reports, citing the regulator’s press service. “Now three banks from the pilot group have already connected to the platform. Two of them have successfully conducted a full cycle of operations on transferring digital rubles between clients using banking mobile applications,” […]

The market is rallying and risk premiums are falling after Russia announced that at least some of its troops will return to bases after exercises on the border with Ukraine. The U.S. market should open sharply higher unless it is upset by the release of producer price inflation data for January. The mining industry continues […]

Michael Burry’s Scion Asset Management fund has released its fourth quarter 2021 transaction data. The filing data, which was submitted to the U.S. Securities and Exchange Commission (SEC), states that Scion Asset Management sold four stakes in the fourth quarter: CVS Health pharmacy chain securities;shares of military-industrial corporation Lockheed Martin;shares of technology company NOW;shares of […]

SPX Exchange is going to hold IPOs of five companies – several initial public offerings are scheduled for 2022. This is reported by Kommersant with reference to sources in the press service of the platform. The exchange did not specify the names of potential issuers, but RBC Investments’ press service added that some of them […]

Тинькофф Банк вернулся на ипотечный рынок, а Украина сообщила о DDoS-атаке на правительственные сайты и банки — эти и другие важные новости к утру среды, 16 февраля, в нашем ежедневном обзоре. Тинькофф Банк начал выдавать кредиты на рефинансирование ипотеки внешним клиентам, заявил РБК его представитель. Это первый этап возвращения кредитной организации на ипотечный рынок. Игровая платформа Roblox Corp […]

U.S. Republican senators introduced their own bill on Tuesday to support Kiev and impose sanctions on Russia over its military buildup near Ukraine’s borders, after bipartisan negotiations on a previous sanctions bill stalled. The introduction of a new bill called the “Preserving Territorial Integrity in Europe Act” (NYET) does not mean that negotiations between Republicans […]

When Tom Lee, founder of Fundstrat, published his first report on BTC 5 years ago, he predicted that the cryptocurrency could be worth between $15,000 and $50,000 by 2022, CNBC writes. BTC is currently in the upper middle part of that range, but Lee remains optimistic about the future of bitcoin and the cryptocurrency sector […]

The Russian government is not considering the option of banning cryptocurrency in Russia, First Deputy Chairman of the State Duma Committee on Security and Anti-Corruption Andrei Lugovoi told RBC. He added that the working group in the Duma, which will meet on February 16, also did not have any documents or proposals for a ban. […]

Oil prices are moderately growing during the trading session on Wednesday after a sharp drop in the previous trading results. The conflict between Russia and the West over Ukraine remains in the center of attention of traders. Traders still see serious risks for the market in case of escalation of the conflict around Ukraine. The […]

On Tuesday, US President Joe Biden, speaking about the Ukrainian crisis, addressed the Russian people directly, saying, “You are not our enemies,” although he emphasized that the United States has not yet verified that Russia has withdrawn some of its troops from the border with Ukraine, Business Insider writes. Recall that Russia on Tuesday said […]

The actions of the countries included in the OPEC+ deal allowed the global oil market last year to avoid the crisis faced by the gas and coal markets, Russian Deputy Prime Minister Alexander Novak said. The global rise in gas prices in 2021 led to a sharp rise in fertilizer prices and, as a result, […]

Interest in short selling of stocks related to consumer spending in the U.S. today shows the fastest pace in a year amid soaring inflation, writes Business Insider. According to S&P Global Market Intelligence, short selling of stocks related to consumer spending increased as inflation rose to a 40-year high. Consumer spending is forecast to decline […]

Below is a chart of the real federal funds rate in the U.S., which is the overnight interbank lending rate minus inflation. It is now at the lowest it has been in as long as data has been available (since 1954). Rate The Fed is going to tighten the monetary policy – to raise the […]

Dagestan is named the leader in the number of thefts of electricity for mining, and Mastercard will expand its cryptocurrency and NFT consulting service – these and other important cryptocurrency market news in our daily review. The SEC is investigating the connection between the US division of bitcoin exchange Binance and two firms linked to […]

The Bank of Russia will take a close look at the action of macroprudential instruments used to curb the growth of consumer lending and recalibrate them if necessary, said Elizaveta Danilova, Director of the Financial Stability Department of the Central Bank, at a meeting of the Presidium of the Council of the Association of Banks […]

Experts called cryptocurrency advertising in Telegram the most expensive in 2021, and a major shoe seller began restructuring its debts after defaulting on bonds – these and other important news for Thursday morning, February 17, in our daily review. Cryptocurrency has become the most expensive advertising trend in Telegram in 2021, the Vedomosti newspaper reported, […]