Business

Financial firms with $2 trillion assets left New York and California 17:23

For the first time, concrete data has emerged showing the extent of the financial sector's exit from New York and California. Since 2020, these two states have lost firms that...

Sinopec’s net profit fell as oil prices fell 16:47

China's largest oil company, China Petroleum & Chemical Corporation (Sinopec), posted a net profit of 35.11 billion yuan (about $4.82 billion) in the first half of 2022; this is 20.1%...

Russia sees rise in online commerce 16:08

According to the results of the first half of 2023, the turnover of small and medium-sized enterprises in Russia in the field of online commerce increased by 63% compared to the...

Russians urged not to wait for national currency to strengthen 15:19

In recent months, the Russian ruble's exchange rate has become less and less dependent on world prices for oil and gas, the country's main exports. This point of view was...

“Reputation anxiety.” It became clear why Volozh talked about the conflict in Ukraine FT: Arkady Volozh, co-founder of Yandex, asked the EU to...

Arkady Volozh, one of the founders of Yandex, whose fortune is $ 1.1 billion, according to Forbes, asked the European authorities to lift the sanctions imposed on him. The newspaper...

Ethiopia wants to use BRICS to solve grain problem 13:59

The supply of grain to the world market is one of the problems that Ethiopia plans to work on within the framework of the BRICS. This was stated by the...

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