Financial firms with $2 trillion assets left New York and California
For the first time, concrete data has emerged showing the extent of the financial sector’s exit from New York and California. Since 2020,…
Sinopec’s net profit fell as oil prices fell
China’s largest oil company, China Petroleum & Chemical Corporation (Sinopec), posted a net profit of 35.11 billion yuan (about $4.82…
Russia sees rise in online commerce
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…
Russians urged not to wait for national currency to strengthen
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…
“Reputation anxiety.” It became clear why Volozh talked about the conflict in Ukraine FT: Arkady Volozh, co-founder of Yandex, asked the EU to lift sanctions imposed on him
Arkady Volozh, one of the founders of Yandex, whose fortune is $ 1.1 billion, according to Forbes, asked the European authorities to lift the…
Ethiopia wants to use BRICS to solve grain problem
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…
Ukraine continues to suffer losses due to grain deal termination
Russia’s withdrawal from the ceasefire in the Black Sea and subsequent attacks on Ukrainian ports led to the blockade of the country’s main…
It has become clear which currency can replace the dollar
Washington’s use of active sanctions against some states has negatively affected the position of the American currency in the global economy.…
PSB opens street basketball center in Kemerovo
According to the press service of the bank, PSB opened a street basketball center in Kemerovo, which is the second in Kuzbass and the…
Russia explained the reason for the increase in fuel prices
Gasoline and diesel exchange prices for August-September delivery in Russia updated their highest levels. Experts attribute this to the…