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…
UK June payrolls change +31k vs +90k prior
Prior +90k June claimant count change -20.0k Prior -19.7k May ILO unemployment rate 3.8% vs 3.9% expected Prior 3.8% May employment change 296k vs 170k expected Prior 177k May average…
Central banks are trying to stop inflation and devaluation
The Federal Reserve’s successive rate hikes are putting pressure on central banks around the world to follow the Fed’s lead to counter rising inflation and a stronger dollar . More…
Sberbank gave a forecast for the ruble exchange rate on Monday
Oil quotes may rise to $105 per barrel at auction on Monday, Sber CIB analysts wrote. „On Monday morning, Brent oil futures rose to $103 a barrel due to the…
Investors are betting that the euro will continue to fall to $0.9, poll results show
The European Central Bank’s fight to restore confidence in financial markets has become much more difficult. After a week marked by a new crisis in Rome, MLIV readers are warning…