At a regular Berkshire meeting, Warren Buffett made an unpopular warning, which those present in the room did not approve of, and which, in particular, boiled down to the fact that one cannot expect too much in the long term. The fact is that at certain periods in recent U.S. history, when the value of […]

China announced additional measures easing COVID-19 restrictions after new data showed a sharp slowdown in the country’s trade in November. Apple’s iPhone production was one of the victims of this trend. Central banks in Brazil and Poland are expected to pause interest rate hikes, but Canada is set to tighten policy further. And Xi Jinping […]

The cost of February futures for Brent crude oil on London’s ICE exchange fell by almost 2% to $77.77 per barrel, according to trading data at the site at 12:57 Moscow time. Oil of this brand is trading below $78 for the first time in more than 11 months – since January 3. Quotes of […]

China has abandoned its COVID-19 zero-tolerance policy, which included severe restrictions on potentially coming into contact with those who fall ill, Forbes magazine reported. Minutes of a meeting of the Political Bureau of the Central Committee of the Communist Party of China’s Central Committee, which discussed plans for “overall improvement” of the economy in 2023, […]

The Pentagon has awarded $9 billion worth of cloud computing contracts to Alphabet Inc, Google, Amazon Web Services Inc, Microsoft Corp and Oracle Corp, Reuters writes. Joint Warfighting Cloud Capability (JWCC) is the successor to Joint Enterprise Defense Infrastructure (JEDI), which was an IT modernization project to create a large shared commercial cloud for the […]

Deputy Finance Minister of Russia Alexei Moiseyev said about the expected increase in demand for investment gold in Russia by the end of 2022 in 8-10 times, writes RBC. “The growth is already now 5 times, and this figure is somewhat lagging, we expect growth by the end of the year somewhere in 8-10 times,” […]

Turkey will hold talks with the Russian delegation in Ankara this week to achieve a discount of more than 25% to the gas price, Bloomberg reported citing senior Turkish officials. The agency’s interlocutors explained that Ankara expects to achieve a discount on payments in 2023 and on part of the gas supplied in 2022, in […]

The U.S. will release weekly jobless claims data in a market spooked by labor market tensions, Costco, Lululemon, and Broadcom will announce their earnings. The rally in the Chinese market paused to catch its breath as investors shifted their attention to the risk of COVID-19 spreading. Here’s what you need to know about the financial […]

Last week, the number of Americans who applied for unemployment benefits for the first time increased by 4 thousand – up to 230 thousand people, according to the report of the U.S. Department of Labor. A week earlier, the figure was 226,000, not 225,000, as previously reported. Analysts polled by Bloomberg predicted the figure to […]

The UK will follow the European Union in announcing new sanctions against Russia, and the FT has learned about Hungary’s refusal to support the new package of sanctions – these and other important news for Thursday morning, December 8, in our daily review. Britain will announce a new round of anti-Russian sanctions on Friday, December […]

WTI oil jumped 4% after the closure of an oil pipeline in the U.S. due to a leak, and Bloomberg estimated the additional costs of tankers stuck off the coast of Turkey at $13 million – these and other important news for the morning of Friday, December 9, in our daily review. WTI crude oil […]

The U.S. Securities and Exchange Commission (SEC) said on Thursday that securities companies will now be required to disclose information about cryptocurrency risks in public documents. Companies will now have to include information about their ownership of crypto assets, as well as the risk associated with the FTX bankruptcy and other market events, in their […]

The United States plans to impose new sanctions on Russia and China on Friday. According to The Wall Street Journal newspaper, citing officials, the restrictive measures are planned because of human rights violations in these countries, as well as Beijing’s support for illegal fishing in the Pacific Ocean. Most of the sanctions, as the newspaper […]

Customers of Tinkoff (LON:TCSq) Investments complain that they cannot enter the app. They also experience difficulties with entering the application of the bank of the same name, RBC writes. “There are difficulties with logging into the application and with operations in part of the clients, we are working on a speedy elimination,” – said in […]

The impact of the European Union’s sanctions against Russia on the EU’s economy remains limited to a few sectors, according to a study by the European Commission, which was requested by EU member states. This was reported by Bloomberg with reference to a knowledgeable source. According to the source, EU sanctions have led to difficulties […]

Due to weakening demand in China, Tesla is slowing production and delaying hiring at its Shanghai plant. The company is also having difficulties at its new plant in Texas, which is not ramping up capacity as planned. Meanwhile, Tesla stock, which has lost more than $500 billion this year, has come under pressure again as […]

This winter, Russian companies may pay a record total amount of dividends for this season. The total amount of payments in the period from December 2022 to January 2023 may reach 1.18 trillion rubles, writes RBC with reference to the calculations of analysts SberCIB. At the same time, 93% of this amount are dividends from […]

Cryptocurrency exchange Coinbase has urged its customers to move assets from USDT to USDC. The platform said in a statement that the events of the past few weeks have put some stablecoins to the test, while USDC is one of the most reliable and reputable digital dollars, fully backed by high-quality reserves. USD Coin (USDC) […]