The ruble returned to growth on fundamental factors
he Russian currency during the final working week mainly grew against the dollar and the euro, trying to compensate for…
Danish Danfoss to sell business in Russia and Belarus
The Danish manufacturer of refrigeration equipment Danfoss has signed an agreement to sell assets in Russia and Belarus to local…
Sberbank gave a forecast for the ruble exchange rate on Friday
Oil quotes may rise to $102-103 per barrel of Brent on Friday, Sber CIB analysts say. “The price of Brent…
Speculators cut bets on gold growth to 3-year lows
A monetary tightening cycle is historically not the best time to invest in gold, and the current period confirms this…
Wells Fargo nearly halved its second-quarter net income
Wells Fargo & Co., one of the largest US banks, recorded weaker-than-expected net profit and revenue figures in the second…