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Bank

The showdown between investors and VTB continues: the bank refuses to let all the clients who came to Moscow attend the meeting

The showdown between investors and VTB continues: the bank refuses to let all the clients who came to Moscow attend the meeting

This is reported by Invest Future journalists who also attended today's meeting. Only the list of clients who have previously filed a claim is allowed through. There are a total of 45 people on the list, including investors from St. Petersburg. The meeting, which was previously planned as a press

Talks about declining oil demand in China are exaggerated - new OPEC Secretary General

Talks about declining oil demand in China are exaggerated - new OPEC Secretary General

Haitham Al-Gais said that China remains a point of "phenomenal growth. The head of OPEC believes that the demand for oil in the world remains stable despite the threat of recession. At the same time, he believes that Iranian oil will be easily absorbed by the market and will have

Moldovagaz asked Gazprom to postpone payment of advance fees for August and September

Moldovagaz asked Gazprom to postpone payment of advance fees for August and September

According to the head of the company, low gas tariffs in Moldova do not allow it to fulfill its contractual obligations. Earlier, the company said that it would not be able to pay for the gas consumed in August, as it does not have enough funds.

Citibank refuses to participate in automatic and forced conversion of receipts

Citibank refuses to participate in automatic and forced conversion of receipts

The depositary stated that this is not part of the terms of the depositary agreements. Holders of receipts of MMK, Tatneft, Rostelecom are notified that the books will be closed at the end of the day on August 19, as the shares of Russian issuers may be automatically removed from

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

India has increased imports of Russian coal, customs data for June show that payments made without the use of U.S. dollars have become commonplace. Thus, trade in Chinese yuan and Emirati dirham is becoming more and more popular.

VTB launches preferential mortgages for construction of private homes - Interfax

VTB launches preferential mortgages for construction of private homes - Interfax

The amount of the mortgage can be up to 12 million rubles for construction in the "capital", and up to 6 million rubles in other subjects of the Russian Federation. The term is up to 30 years. The rate of 6.3% is available with personal insurance of the borrower

Broker "Otkritie Investitsii" complained to the U.S. Treasury about Credit Suisse - RBC

Broker "Otkritie Investitsii" complained to the U.S. Treasury about Credit Suisse - RBC

The broker wanted to transfer foreign securities to NSD, but the Swiss bank allegedly deliberately delayed execution of orders, fearing secondary sanctions. "Credit Suisse apparently violated the conditions of license 11 and did not execute our orders, which were submitted on time, to transfer part of the assets - European

Estée Lauder is in talks to buy Tom Ford - WSJ

Estée Lauder is in talks to buy Tom Ford - WSJ

The amount of transaction may exceed $ 3 billion and become the largest purchase in the history of the company, but the brand is claimed by other buyers: not the fact that the deal will be a success. The current market value of Estée Lauder is estimated at $97.6 billion.

Banks will not be able to claim the status of IT-companies - Frank Media

Banks will not be able to claim the status of IT-companies - Frank Media

According to the new order of the Ministry of Finance, only companies with at least 30% of revenues from IT-activities can qualify for the status. The company must have the profile OKVED as the main one. Banks and financial institutions (non-bank financial institutions and insurers), as well as state companies

Tinkoff reduces commissions for keeping currency on account to 0.5%

Tinkoff reduces commissions for keeping currency on account to 0.5%

The fee applies if you keep more than 10,000 U.S. dollars, euros, pounds sterling or Swiss francs in your account. If you keep less than 10,000 U.S. dollars.