Shares of Rusal (RUAL) soared 22% at the opening of trading after the news that the head of Norilsk Nickel (GMKN) Vladimir Potanin agreed to start negotiations on the merger…
On Monday, TeslaMag reported that the Tesla (NASDAQ: TSLA) plant near Berlin will take a two-week break from July 11. According to German media, Tesla management believes that the Berlin…
Anglo-Swedish drug maker AstraZeneca (NASDAQ:AZN) said it will acquire biotech company TeneoTwo Inc in a deal worth up to $1.27 billion, strengthening its portfolio of blood cancer drugs. It is…
German vaccine maker CureVac (NASDAQ: CVAC) has filed a lawsuit in Germany against German biotech company BioNTech (NASDAQ: BNTX), seeking compensation for what it says was infringement of its intellectual…
The shared currency is trading below 1.0300, accelerating towards the 1.0250 area. The EUR/USD nose-dived to a fresh 20-year-low at 1.0246 as the market asses parity’s chances. EU S&P Global…
Nymex August futures settled on Friday at $5,730/MMBtu, an increase of 30.6 cents on the day. September futures contracts also rose by 32.0 cents to $5.712. However, NGI’s Spot Gas…
Oil is doing a nice job of encapsulating the reversal in sentiment today. Crude was up $3 at the highs but is now down nearly $6. It’s trading at $102.44…
Prior was +0.3% Durable goods orders +0.8% vs +0.7% prelim Durable goods orders non-defense ex-air +0.6% vs +0.5% prelim Durables ex transport +0.7% vs +0.7% prelim Factory orders ex-transport +1.7%…
Moscow. 5’th of July. INTERFAX.RU – The outlook for the global economy has „significantly deteriorated” after a jump in commodity prices led to accelerated inflation around the world, the Bank of England…
Moscow. 5’th of July. INTERFAX.RU – Ukraine’s GDP in 2022 will decline by at least 35%, Prime Minister Denys Shmyhal said at a conference in Lugano. „We managed to carry out a…