Categories Business Google & Facebook to team up in fight against govt accusations of secret pact to rig online ad market – report Posted on Posted onDecember 23, 2020December 23, 2020By Editor Silicon Valley behemoths Google and Facebook have reportedly foreseen that a secret deal to manipulate the advertising market could be exposed and vowed to cooperate if one of them faces an antitrust lawsuit. … Read More >Google & Facebook to team up in fight against govt accusations of secret pact to rig online ad market – report
Categories Business German investments in Russia back on track despite pandemic crisis & Western sanctions Posted on Posted onDecember 22, 2020December 22, 2020By Editor German businesses’ direct investments in the Russian economy totaled €1.3 billion in the nine months to September, according to the Russian-German Chamber of Commerce. … Read More >German investments in Russia back on track despite pandemic crisis & Western sanctions
Categories Business Moscow Exchange sows seeds of potential with launch of wheat futures contracts Posted on Posted onDecember 22, 2020December 22, 2020By Editor The Derivatives Market at the Moscow Exchange (MOEX) has launched trading of physically settled Russian grain futures contracts. The product is set to replace a swap contract that closed earlier this year. … Read More >Moscow Exchange sows seeds of potential with launch of wheat futures contracts
Categories Business Gold rallies to 6-week high on US stimulus deal & Covid lockdowns Posted on Posted onDecember 22, 2020December 22, 2020By Editor The price of gold continued to rise on Monday, after the US Congress reached a long-sought coronavirus aid package agreement. Lockdowns in the UK have also boosted investor appetite towards the precious metal. … Read More >Gold rallies to 6-week high on US stimulus deal & Covid lockdowns
Categories Business Govt aware latest lockdown could have ‘severe’ impact on British economy — UK health minister Posted on Posted onDecember 21, 2020December 21, 2020By Editor The economic impact of fresh restrictions introduced by UK Prime Minister Boris Johnson amid a rapidly spreading new coronavirus strain are expected to be very severe, admits British Health Minister Matt Hancock. … Read More >Govt aware latest lockdown could have ‘severe’ impact on British economy — UK health minister
Categories Business China’s share of global luxury spending doubles amid coronavirus lockdown Posted on Posted onDecember 21, 2020December 21, 2020By Editor China’s luxury goods market has nearly doubled this year, as consumers had to spend cash inside the country due to the Covid-19 outbreak. The market is set to expand further to become the largest in the world. … Read More >China’s share of global luxury spending doubles amid coronavirus lockdown
Categories Business US backs EastMed pipeline to supply gas to Europe Posted on Posted onDecember 19, 2020December 19, 2020By Editor The US has given its support to the EastMed pipeline project that is expected to deliver natural gas from offshore Israel via Greece and Cyprus to the wider European market. … Read More >US backs EastMed pipeline to supply gas to Europe
Categories Business Russia second in Bloomberg rating of economies expected to beat expectations in 2021 Posted on Posted onDecember 19, 2020December 19, 2020By Editor Bloomberg analysts have placed Russia second in its ranking of developing markets with the brightest outlook for the economy for the next year, the study of 17 emerging countries reveals. … Read More >Russia second in Bloomberg rating of economies expected to beat expectations in 2021
Categories Business Russian government continues to support the nation’s aviation sector and other key areas hit by Covid-19 – Putin Posted on Posted onDecember 18, 2020December 18, 2020By Editor The measures adopted by the Russian government to mitigate the economic impact of the coronavirus crisis have helped the most affected sectors to stay afloat, Russian President Vladimir Putin said on Thursday. … Read More >Russian government continues to support the nation’s aviation sector and other key areas hit by Covid-19 – Putin
Categories Business Russia getting off the oil needle, Putin says Posted on Posted onDecember 18, 2020December 18, 2020By Editor A third of the Russian budget is no longer dependent on oil and gas revenues, said President Vladimir Putin on Thursday, during his annual December press conference. … Read More >Russia getting off the oil needle, Putin says
