Japan’s Toyota Motor Corp. increased production by 1.5% in November compared to the same month last year to 833,104,000, the company said. That’s a record high for the month, Kyodo News noted. Toyota increased output at its overseas plants by 3.8% to 566,93 thousand vehicles. Including in North America, it increased by 5.9%, and in […]

Novak said about the “imminent” gas shortage in Europe due to sanctions, and Apple may break its streak of quarterly revenue growth for the first time in 3.5 years – these and other important news for Monday morning, December 26, in our daily review. With gas consumption in the Asia-Pacific region increasing, Europe will “inevitably […]

2 major cities in China are ready to coexist with COVID-19 while millions of people in the country are infected in an uncontrolled outbreak of the virus, Reuters writes, After 3 years of ruthless restrictions in the fight against the coronavirus, Xi Jinping has finally abandoned COVID-19’s zero-tolerance policy of quarantine and testing in the […]

According to Jeff Bezos, founder of retail giant Amazon, business is slowing for many companies today, with layoffs occurring almost every day in all sectors of the economy, which means many investors will want to reduce risk, Yahoo writes. “If you’re considering buying a big-screen TV, you might want to wait, hold on to your […]

Immediately after the end of the European Central Bank’s last monetary policy meeting of the year, Isabel Schnabel, a member of the bank’s executive board, said that the interest rate will have to move into “restrictive territory” for inflation to return to the target level of 2%, Bloomberg writes. Speaking about the next 4 ECB […]

Hackers broke into BitKeep users’ crypto wallets and stole $8 million in assets, cybersecurity company PeckShield reported. Supposedly, the malware download allowed the attackers to withdraw about 4,300 BNB, 5.4 million USDT, 196,000 DAI and 1,200 Ethereum. BitKeep is a decentralized cryptocurrency wallet from Bitget that works with more than 70 different blockchains, including Polygon, […]

The Finance Ministry is not planning any changes in the fuel damper, Russian Finance Minister Anton Siluanov told reporters. “We have made adjustments to the damper, bearing in mind that it will be calculated not from the Brent price, but from the Urals price, such adjustments have been extended for the next three years. It […]

The Central Bank announced the closing of the sale of Otkritie Bank to VTB, and the European Commission banned lawyers from advising Russian companies on sanctions – these and other important news for Tuesday morning, December 27, in our daily review. The Central Bank announced the closing of the sale of Otkritie to VTB Bank. […]

The past year was a fateful one for the world of digital assets: concerns about stability outweighed risk appetite, BTC fell 64% as interest rate hikes made investors think twice about such risky assets, and the high-profile collapse of FTX, Celsius and Three Arrows Capital finally undermined confidence in cryptocurrencies, writes Business Insider. Let’s further […]

German carmaker Porsche AG has started producing electric fuel (e-fuel, a type of synthetic fuel) and announced plans to increase capacity to several million liters per year by the middle of this decade. So the company together with its Chilean partner Highly Innovative Fuels opened its first plant in Chile, Porsche said, reports interfax.ru In […]

Against the background of a new outbreak of COVID-19 in China, the local party and business elite are massively purchasing the well-known anti-covid drug Paxlovid from the American corporation Pfizer, the Financial Times reports. This drug is the only foreign anti-covid drug approved by the Chinese authorities for use in the country. At the same […]

The 68% drop in Tesla stock this year has left Musk $132 billion poorer, but still at the top of Forbes’ billionaires list, Business Insider writes. Musk’s stock drop is due to investor concerns that Musk may be focusing too much on his various business ventures. As of today, Musk’s total fortune is about $139 […]

The cost of February gold contracts on the New York Mercantile Exchange (NYMEX) rose 2% to $1841.8 per ounce. Prices for futures on the precious metal rose to the maximum level since July 5. Gold rose more than 9 percent in the quarter, Bloomberg calculated. Demand for the precious metal is growing, thanks in part […]

Bloomberg reported on the sale of Russian oil at prices twice lower than world prices, and analysts estimated VTB’s possible loss for the year at 500 billion rubles – these and other important news for Tuesday morning, January 10, in our daily review. Russian Urals oil is selling at half the world price and below […]

In Latin America’s largest country, Brazil, the seizure of top government buildings in the capital by supporters of former President Jair Bolsonaro has become a major test for investors, Reuters writes. A peaceful transfer of power has followed elections since the end of the country’s long-running military regime in 1985, but Brazil’s political polarization will […]

A third of Russians (33%) have used loans in the past six months, most often taken them fellow citizens aged 35-44 years (38%), according to the survey data of the Research Center of the portal SuperJob.ru. The results of the survey, published on Tuesday on the portal, show that the higher the income, the greater […]

Russians’ spending on goods and services during the New Year vacations this year amounted to 115 billion rubles – 45% more than for January 1-8, 2022. The number of products and services paid for increased by the same amount. This is evidenced by the statistics of the First OFD (part of VTB Group (MCX:VTBR)), which […]

Broadly speaking, investment banks have split into two camps. One group expects peak US rates to lead to a weaker dollar. According to HSBC: “The slowdown in the pace of rate rises and the recognition that the Fed is in the late stages of its tightening cycle are part of why we expect the dollar […]