The cost of aluminum on the LME has updated a historical high
The cost of aluminum during trading on the London Metal Exchange (LME) has updated its historical maximum, having risen above 3.5 thousand dollars per ton, follows from the data of…
Veon’s 2021 IFRS revenue up 6.8% to $7.8 billion
Consolidated revenue of the telecommunications holding Veon Ltd. according to International Financial Reporting Standards (IFRS) increased in 2021 compared to 2020 by 6.8% and amounted to $7.788 billion. This was…
Tanaev, who headed the Northern Railway, was appointed head of the Moscow Railway
Valery Tanaev, who headed the Northern Railway, was appointed head of the Moscow Railway. This was reported by the press service of Russian Railways. „Valery Tanaev, who headed the Northern…
The Central Bank of the Russian Federation raised the key rate to 20%
The Board of Directors of the Bank of Russia decided to raise the key rate by 10.5 percentage points from February 28 to 20% per annum. This should support financial…
„Rosseti” will join the „subsidiary” for her FSK
PJSC FGC UES will take over the parent company – PJSC Rosseti, both structures reported. „On the reorganization of the public joint-stock company Russian Grids in the form of a…
„Mosbirzha” registered six issues of bonds „Rusal”
The Moscow Exchange has registered six 5-year bond issues of MKPAO „OK Rusal” – series BO-01 for 30 billion rubles, series BO-02 for 25 billion rubles, series BO-03 for 25…
Aliyev instructed to look for buyers of electricity from Azerbaijan in Europe
President of Azerbaijan Ilham Aliyev called on the government to take measures to increase the potential for electricity exports to 5,000 MW per year, as well as to start negotiations…
Riyadh pledged to maintain a balance in the global oil market
In order to support the development of the global economy, Saudi Arabia has committed itself to maintaining a balance in the global oil market, the White House said following talks…
Saudi Arabia, US sign 18 deals during Biden visit
As a result of US President Joe Biden’s visit to Saudi Arabia, the parties signed 18 documents on cooperation in various fields, the Saudi state news agency SPA reported. „The…
US business inventories for May 1.4% vs. 1.3% estimate
US business inventories 1.4% vs. 1.3% estimate. Prior month revised to 1.3% from 1.2% retail inventories ex auto 0.8% vs. 1.7% last month U.S. total business end-of-month inventories for May…