Since the end of March, China’s largest city, Shanghai, announced the beginning of large-scale quarantine restrictions to contain the COVID-19 outbreak, and only last week the city authorities announced a list of 666 companies that will be given priority to resume work, CNBC writes. On the one hand, such a move by the authorities could […]

According to the position of the Central Bank and the Ministry of Finance, banks should not pay dividends, said VTB CEO Andrei Kostin. He also expressed hope that VTB will be able to pay dividends again in the future. “Dividends are not determined by us. They are determined by the annual meeting, where the government […]

The Bank of Russia has established facts of share price manipulation using telegram channels, the Central Bank said in a statement. The shares in question are those of PJSC Rosseti South, PJSC GIT, and PJSC Permenergosbyt. The manipulation period is from March 2 to March 5, 2021. “In March 2021, the Bank of Russia recorded […]

The Russian government has instructed the Ministry of Finance and Rosimushchestvo not to provide for the payment of dividends for 2021 on ordinary and preferred shares of both types when preparing directives for participation in the supervisory board of VTB (MCX:VTBR). The corresponding order was signed by Russian Prime Minister Mikhail Mishustin on April 23. […]

The leadership of the Canadian Central Bank may consider another increase in the prime rate by 0.5 percentage points at once, said yesterday the head of the Bank of Canada Tiff Maclem, speaking in the parliamentary committee. In mid-April, the Central Bank increased the rate by 0.5 p.p. – To 1% per annum. This was […]

Oil prices are rising today after a sharp decline the day before, investors continue to monitor the situation with the coronavirus in China and the monetary policy of the Federal Reserve. The cost of June futures for Brent crude oil on the London exchange ICE Futures by 8:00 Moscow time was $103.61 per barrel, which […]

Stock markets in the Asia-Pacific region (APR) are predominantly growing in Tuesday’s trading on the back of the rise of the U.S. stock market. U.S. stock indices ended Monday with strong gains, with the Standard & Poor’s 500 and Nasdaq rising the most in almost a week. Investors remain focused on the increase in COVID-19 […]

Dogecoin jumped 26% in value after news of Twitter (NYSE:TWTR) purchase by Ilon Musk, and Roskomnadzor may include Wikipedia in the register of companies to land – these and other important news for the morning of Tuesday, April 26, in our daily review. Tesla (NASDAQ:TSLA) CEO Ilon Musk will become the owner of social network […]

Net profit of UBS Group AG in January-March increased by 19% and reached $2.14 bln. Analysts expected the figure to amount to $1.79 bln, as reported in the bank’s press release. The bank’s operating profit increased by 8% to $9.36 billion, operating expenses increased by 4% to $6.63 billion. Thus, the ratio of expenses to […]

The Russian stock market started today’s trading in the major on the back of improving external conditions. The MosBirch index rose by 0.47% to 2196.42 points. The RTS index rose by 0.89% to 949.45 points by 10:01 Moscow time. Stock indices in Asia are mostly growing during trading on Tuesday. Yesterday’s trading American stock indices […]

Founder of social network Twitter (NYSE:TWTR) Jack Dorsey thanked billionaire Ilon Musk, who previously agreed to buy 100% of the service for $44 billion. Dorsey shared his opinion on the deal on his Twitter account. “Twitter as a company has always been my only problem and my biggest regret. It was owned by Wall Street […]

The daily increase in new cases of coronavirus infection in the Russian Federation amounted to 7 thousand 107 cases, 3 thousand 161 people were hospitalized over the day (an increase of 184.3% compared to the previous day), 176 patients with COVID-19 died, follows from the data of the operational headquarters, released on Tuesday. An increase […]

The first 500 Tajik citizens will be sent to the United Kingdom this year for seasonal work, Tajikistan’s National News Agency (NIAT) Khovar reported Tuesday. Diyor Normatov, director of the “Pre-departure Consultation and Training Center for Migrant Workers” in Dushanbe city, told the agency that 60 applicants are already preparing documents for agricultural work, including […]

The Finnish concern Valio announced the completion of negotiations with Velcom Group, which will become the new owner of its Russian assets. As part of the deal, Velcom will take over the plant for the production of processed and semi-hard cheese in Ershovo, Odintsovo District, Moscow Region, and the rights to the Viola brand, RBC […]

The Coca-Cola Co (NYSE: KO) posted quarterly earnings that beat analysts’ expectations. This is due to consumers drinking more of its namesake sodas, Powerade sports drinks and Costa coffee. Net income in Q1 was $2.78 billion, or $0.64 per share, compared to $2.25 billion, or $0.52 per share, a year earlier. Net sales rose 16% […]

Billionaire Jeff Bezos has suggested that China could gain influence over Twitter (NYSE:TWTR) with the purchase of the company by Tesla (NASDAQ:TSLA) CEO Ilon Musk, hinting at Musk’s business ties to China, where Tesla’s Shanghai plant is located, CNBC writes. Since Musk’s company relies heavily on Chinese supplier firms for the materials used to make […]

Alfa-Bank has allowed to transfer all assets from client’s IIS to another broker, follows from the information on the official website of the credit organization. “You can transfer all assets from the IIS to another broker and retain tax benefits,” says the FAQ on the bank’s website. To do this, you need to open an […]

VK Group will develop a domestic app store, said the head of the Ministry of Digital Media Maksut Shadaev on air of the TV channel “Russia 24”. Earlier, Prime Minister Mikhail Mishustin instructed to create an analog of the App Store and Google Play by June 1. “In the world there is a practice of […]