Finance
The National Settlement Depository wants to return investors' access to blocked assets. There are two ways: through the EU court, to which NSD applied on August 12, or by obtaining a license to use the blocked assets. The process of applying for a license has already been launched by
Finance
Outflows from equity funds totaled $5.1 bln over the week. Outflows from technology funds are at their highest since November of last year - $1.3 bln. Outflows from bond funds were $4.8 bln, a nine-week high. Market sentiment is getting worse every day due to fears of
Finance
The new package includes student debt relief, an extension of the 4-month moratorium on student loan repayments, and plans to cap payments on such loans at 5% of the borrower's income. Loans would be forgiven up to $10,000 for Americans with an annual income of less than
Finance
The company's revenue grew by 37%. Alcohol segment (wholesale) grew by 22%. Profitability was 9.2% against 6.6% last year. Alcohol segment (retail) grew by 53%. Profitability was 10.8% compared to 7.1% last year. In July 2022 the Group placed a RUB 7bn bond issue
Europe
"Gas supplies in Germany are currently stable, but the situation is tense and further deterioration cannot be ruled out," the agency said. However, the storage situation in the EU is developing more positively than a year ago. The level of gas storages in Europe has now reached the
Europe
The reason is the rising cost of electricity and food. Electricity accounts for about 12 percent of household spending in Britain. And food prices have jumped because of higher fertilizer and energy costs. At the same time, business and manufacturing activity indices are falling sharply in Britain.
Europe
Gazprom's analysts had previously forecast $4,000 per thousand cubic meters. Gas prices in Europe have already increased fivefold since the beginning of the year. Such gas prices will accelerate inflation in the EU, as well as lead to higher prices of other energy carriers. In this case,
Europe
Today Germany and Great Britain released data on manufacturing activity, which have been falling for two months in a row. Production is also falling in Asia due to a spike in Covid disease and the energy crisis caused by the drought. The picture is even gloomier with many central banks
Finance
If such temperatures in the region are sustained, the consumption of the region's energy resources will decrease. This could also affect the volume of Russian oil and coal exports to China.
Europe
The cost of renting a LNG tanker will rise to $105,000 a day in September, up from $64,000 in August. The reason: the energy crisis in Europe and the EU's desire to fill LNG storage facilities. At the same time, the price of gas has broken
Bank
As we said earlier, talk of a "dovish" Fed reversal is too exaggerated. The market agreed with this thesis and turned back to the dollar. U.S. Treasury bond yields are also rising, approaching 3%. New US inflation data and the Fed meeting in Jackson Hole await us
Finance
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