Investment company of American billionaire Warren Buffett Berkshire Hathaway Inc. in the third quarter, it completely divested itself of shares of General Motors Co. (GM), as well as a number of other blue chips, including Procter & Gamble Co., Johnson & Johnson (J&J) and United Parcel Service (UPS), writes Reuters. Berkshire also reduced its stakes … Read more
The Russian Federation’s attempt to reorient itself from Western countries to “friendly” jurisdictions has encountered numerous problems. Russia, which found itself under unprecedented sanctions after the start of the war against Ukraine, tried to reorient itself from Western jurisdictions to so-called friendly states, but such countries are in no hurry to help the Kremlin, fearing … Read more
Main • The Russian market, after a positive opening, sank against the backdrop of falling oil prices and a strengthening ruble. Despite the fact that oil prices continued to decline, the Moscow Exchange index managed to rise in the second half of trading, closing at a new two-week high. • Following the initial weakening, the … Read more
As of: November 7th, 2023 3:51 p.m Many companies with foreign business are planning higher investments outside of Germany in the coming months. Business expectations are particularly good in the United States and India. Despite numerous trouble spots and a weak global economy, a third of internationally active German companies are planning higher investments, according … Read more
Main • The Moscow Exchange index remains above 3200 points. • OFZ continue to grow rapidly. In detail The Moscow Exchange index is showing a weak rise and remains sideways. The index currently remains above 3,200 points. Heavyweight stocks Sberbank, Gazprom, LUKOIL increase the price slightly. Shares of a third-tier company look worse than the … Read more
“No Bad News” is a weekly news show about investments on the BCS World of Investments channel, in which Maxim Shein proves that you can make money on every news, no matter how bad it is. In this issue: — The main topic is new US sanctions. Which Russian companies are subject to restrictions and … Read more
In the last trading session, VTB shares fell by 0.86%, to 2.53 lots. The securities looked worse than the market. Trading volume exceeded 3.5 billion rubles. Short term picture • At the end of last week, VTB shares were actively declining from the maximum reached in October. The bearish divergence on the RSI on the … Read more
Two long-awaited restaurants in Dubai are opening their doors to visitors, and two more international restaurants are preparing to join this unique chain soon. Dubai, United Arab Emirates: The St. Regis Gardens, the newest and most innovative luxury gastronomic destination at The St. Regis Dubai, The Palm, has announced the opening of two long-awaited restaurants: … Read more
Main • The Russian market held a sideways trading session. Oil stocks were put under pressure by falling oil prices, as well as the strengthening of the ruble. Against the backdrop of a strong national currency, the metallurgy and mining sector lagged behind. • The ruble rose in price throughout the session, updating local peaks. … Read more
Michael Jordan debuts on Forbes’ list of richest Americans Forbes’ list of the 400 richest Americans has a combined $4.5 trillion. Find out who headlines the list. What does it take to be wealthy in 2023? A million dollars in the bank? Two million? How about a salary in the high six figures? In different … Read more