RF collected more than 30 million tons of grain by July 21
Russian farmers harvested more than 30 million tons of grain by July 21, according to the Ministry of Agriculture. The yield is significantly higher than last year – 41.7 centners…
American Airlines Records Record Q2 Revenue
American Airlines Group recorded record revenue in the second quarter of 2022 and said it sees potential for its further growth due to the expected increase in demand for business…
FOREX TODAY: MARKETS TURN CAUTIOUS AHEAD OF KEY MACROECONOMIC EVENTS
Here is what you need to know on Wednesday, July 20: The dollar selloff seems to have taken a break on Wednesday with the US Dollar Index moving sideways above…
Germany June PPI +0.6% vs +1.3% m/m expected
Prior +1.6% PPI +32.7% vs +33.9% y/y expected Prior +33.6% German producer prices continue to creep higher but at a slower rate than estimated at least. The strong upwards trend…
FAS found Apple guilty of abusing the app market
The Federal Antimonopoly Service (FAS) of Russia has recognized the American company Apple as a violator of antitrust laws, the service said. „The Commission of the Federal Antimonopoly Service of…
Maxim Shepelev replaces Gennady Galperin as CEO of IC Rosgosstrakh
Maxim Shepelev will become the new CEO of IC Rosgosstrakh and replace Gennady Galperin in this post, the insurer said in a statement. Galperin’s three-year labor contract expires on July…
BNY Mellon clarifies the conditions for receiving dividends on Norilsk Nickel’s ADRs
The depository of The Bank of New York Mellon explained the conditions for the receipt of final dividends by MMC last year by the owners of Norilsk Nickel’s receipts. Dividends…
Sberbank in June doubled the issuance of consumer loans by May – up to 144 billion rubles
In June, Sberbank more than doubled the issuance of consumer loans – up to 144 billion rubles compared to 67 billion rubles in May, the bank’s press service reported. In…
Apple to slow hiring and spending growth in 2023
Apple Inc. plans to slow down the hiring of new employees and reduce cost increases in some units in 2023, preparing for a possible recession, Bloomberg reports citing people familiar…
EUR/USD Forex Signal: More Upside Ahead of EU Inflation Data
Bullish View Buy the EUR/USD pair and set a take-profit at 1.0345. Add a stop-loss at 1.0100. Timeline: 1-2 days. Bearish View Set a sell-stop at 1.0120 and a take-profit…