This was also reiterated by Lagarde and is one of the key takeaways from the ECB yesterday. As much as the central bank is pushing for earlier rate increases, the lack of aggressiveness in...
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Producers of plant products are asked to include them in the strategy for the development of the agro-industrial complex
The Union of Plant-Based Producers (SPPRO) asked the government to support the business initiative and include the industry in the „Strategy for the development of the agro-industrial and fishery complex of the Russian Federation...
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Commodity trader Gunvor quadruples half-year earnings
Swiss commodity trader Gunvor, which is majority-owned by businessman Thorbjorn Tornqvist, made a net profit after tax of $841 million in the first half of 2022 against $231 million a year earlier. In general,...
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Sberbank customers reported problems with access to services
Some Sberbank customers may experience difficulties accessing the services of a credit institution, the bank’s press service warned on its official Telegram channel. Sberbank assured that it was working to resolve the situation and...
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Nokia increased net profit in the II quarter by 31%
The Finnish manufacturer of telecommunications equipment Nokia Corp increased its net profit in the second quarter of 2022 by 31%, revenue – by 11%, according to a press release from the company. Net profit...
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Peskov said that proper technological maintenance of Nord Stream is impossible
The Kremlin notes that the malfunctions that prevent the Nord Stream gas pipeline from operating at design capacity were recorded by Siemens, and emphasize that proper technological maintenance of the gas pipeline is now...
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USD/JPY Forecast: USD Finds Buyers on Dips
The USD/JPY currency pair initially fell Tuesday against the Japanese yen, but we have seen a turnaround as the Bank of Japan will continue to loosen monetary policy. With that in mind, it makes quite a...
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Equities hope to carry good form to second half of the week
A 3% rally in the Nasdaq and near 3% rally in the S&P 500 yesterday is certainly brightening up the mood in the equities space this week. Even Netflix’s earnings report, which could have...
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Bitcoin rises above $22 thousand for the first time in a month
The price of bitcoin, the most popular cryptocurrency in the world, rose above $22,000 for the first time since mid-June due to the growth of global stock markets. The bitcoin rate by 19:55 Moscow...
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The Mint of Croatia in three shifts began to mint national euro coins
By the end of the year, the Croatian Mint will need to mint 420 million units of national coins in denominations of 2 and 1 euros, as well as 50, 20, 10, 5, 2...
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