Tesl CEO Ilon Musk has offered to buy out Twitter for $54.20 per share, Bloomberg writes. Musk offered to “purchase all of the issuer’s outstanding common stock, valuing the securities at $54.20 per share,” according to the report. “After investing in the company, I realized that it would neither thrive nor serve this public need […]

The European Commission has warned EU countries that paying for Russian gas in rubles will be considered a violation of sanctions restrictions. Bloomberg cites a source familiar with the European Commission’s conclusions. According to the agency, the European Commission has conducted a preliminary legal analysis of the decree of Russian President Vladimir Putin, according to […]

The government may introduce restrictions on the export of coking coal from Russia, and the Ministry of Finance has finalized the draft law on the regulation of digital currencies in Russia – these and other important news for Friday morning, April 15, in our daily review. The Ministry of Energy and the Ministry of Industry […]

The Russian market on April 15 continued the negative dynamics of the previous day. In the first minutes of trading, the MosBirch index fell by 2.14% to 2353.24 points. This is evidenced by the trading data. Last time below the value of the Mosbirji index fell on February 25, 2022. The RTS index fell by […]

In today’s trading, the US dollar is steadily strengthening against the euro, yen and pound sterling on growing expectations of rapid policy tightening by the Federal Reserve (Fed). More and more Fed chiefs are speaking out in favor of raising the prime rate by 50 basis points (bps) at once as US inflation jumped to […]

Alfa Bank’s iOS application has become unavailable for downloading and updating in the App Store, RBC reports. If you follow the link from the bank’s website to download the application in the App Store, the following message appears: “The application is not available in your country or region”. The bank clarified that if the latest […]

Consumer prices in France in March 2022, calculated according to French standards, increased by 4.5% in annualized terms after an increase of 3.6% in February, according to the final data of the National Statistics Office Insee. Relative to the previous month, prices increased by 1.4%. The data coincided with the previously announced dynamics. The acceleration […]

According to Bernstein analysts, China’s latest quarantine restrictions pose an even greater risk to global inflation than in 2020, as the world has become more dependent on Chinese goods since the pandemic began, CNBC writes. The global dependence on China is evident in the numbers: China’s share of global exports rose to 15.4 percent in […]

Russian oil and gas will not be replaced on the world market in the horizon of five to ten years, even statements about the cessation of energy supplies from Russia lead to price spikes on world markets, while physical restrictions are fraught with new historical records, Russian Deputy Prime Minister Alexander Novak said in an […]

Stock markets in China and Japan opened the first trades of this week with a decline on negative statistics showing a slowdown in economic growth in China amid a new outbreak of coronavirus in the country. South Korean stock index does not show a clear dynamics. Exchanges in Australia and Hong Kong are closed on […]

Oil prices are rising on Monday amid the situation in Libya, where two export ports have stopped working due to protests against the incumbent Prime Minister Abdul Hamid Dbeib. Libyan state-owned oil company National Oil Corp. on Sunday announced the suspension of production at the El Feel field in the west of the country, which […]

Minister of Agriculture of Kazakhstan Yerbol Karashukeyev signed an order, according to which the quota for export of wheat and flour is introduced, the press service of the agency reported. The document has been sent for state registration to the Ministry of Justice, the ministry said. “After enactment of the above order until June 15, […]

The daily increase in new cases of coronavirus infection in the Russian Federation amounted to 10 thousand 263 cases, 1 thousand 454 people were hospitalized over the day, 233 patients died from COVID-19, follows from the data of the operational headquarters, released on Sunday. “As of April 17, 10,263 new cases of COVID-19 have been […]

China’s economic growth accelerated to 4.8% year-on-year in the first quarter of 2022 from the previous quarter, data from the State Statistics Office (SSO) of the People’s Republic of China showed. China’s GDP grew 4% in the fourth quarter of 2021. The pace of GDP increase, despite strict quarantine restrictions imposed in the country in […]

Russia’s investments in treasury bonds of the U.S. Treasury Department in February decreased by $750 million compared to the previous month – to $3.753 billion. According to the U.S. Ministry of Finance, at the end of February, Russia owned long-term government securities worth $2 million, the same as a month earlier. Meanwhile, investments in short-term […]

The US dollar is steadily strengthening against the euro, yen and pound sterling in trading on Monday. Trading activity on the currency market remains low, as the exchanges of Great Britain, Germany, France and other European countries, as well as Hong Kong and Australia are closed due to Easter holidays. High geopolitical uncertainty increases demand […]

Bitcoin is closely correlated with technology stocks of large companies, making the cryptocurrency vulnerable to a strong fall as the sector comes under renewed pressure from rising interest rates and other factors, according to Arthur Hayes, co-founder of cryptocurrency exchange BitMEX. In a blog post on Monday, Hayes wrote that he foresees tech stocks being […]

The reporting season will be in full swing this week, but concerns about persistently high inflation, the hawkish stance of the US Federal Reserve and uncertainty caused by the conflict in Ukraine are likely to continue to dominate market sentiment. Investors will be keeping a close eye on Fed chief Jerome Powell’s speech on Thursday, […]