Bank
The Bank of Russia has increased the daily limit on the sale of shares of Russian companies, which were converted from depositary receipts. Now it is 5% of the number of such securities, instead of 0.2% established earlier. These restrictions apply only to operations of Russian residents who became
Bank
The website SberAutoTech found a video of drone tests in St. Petersburg. The cars were transporting passengers around Krestovsky Island, with at least two drones participating in the races. SberAutoTech has not yet commented on the journalists' request, and after the material was published, it removed the video clip
Bank
White House spokesman Kosta Samaras assured that the regulations will not prohibit or unduly hinder the activities of mining companies. According to the official, its main goal is the reasonable integration of cryptocurrencies into the global financial market. Bitcoin miners have previously been accused of excessive energy consumption, which caused
Finance
The demand for seasonal specialists is growing fastest in the construction and tourism industries. In these groups of professions the number of vacancies increased by 16%. Next comes the restaurant and entertainment industry, as well as the beauty industry, where the number of vacancies has increased by 15%.
Finance
According to the Zillow survey, due to high prices and lack of supply, 50% of homebuyers have cried at least once during the home buying process in recent months. Among young Americans buying a home for the first time, 65% reported critical levels of stress. Nearly half of homes sold
Finance
Starting in the third quarter, there will be "big gaps" in the supply of Jennie-O brand turkey, parent company Hormel Foods Corp. has warned. One of the worst bird flu outbreaks in history is wiping out flocks in the U.S. Midwest. The company's stock
Finance
A balance sheet reduction does little more than raise rates to tighten policy. I am quite comfortable with the option of raising rates in the next few meetings. The stronger the economy and higher inflation, the better to do "more" on rates.
Bank
The agreement was reached with foreign holders of 21.4% of the bonds, as well as with Russian holders of 14.5% of the bonds. It comes into force since June 1 and will be valid until August 30 of this year. Earlier it was reported that due to regulatory
Europe
The chancellor noted that Germany cannot currently afford lengthy planning and permitting processes for renewables. Scholz added that energy policy is now equivalent to the country's security policy.
Finance
* Biden administration plans $2.1 billion in new funding to strengthen food supply chains, including initiatives to expand small- and medium-sized processing plants - Bloomberg
Finance
* According to the latest data from the American Automobile Association, gasoline prices in the U.S. have reached an all-time high. As of Monday, the average fuel price was up 52% year-over-year.
Bank
According to sources, the bank is looking to raise funds for capital investments. The sale of the asset manager division may be related to the bank's desire to get rid of its ties to Russian assets. Over the past 2 decades, Credit Suisse has become one of the