Found: 318

The Central Bank of Russia acquires the Saint Petersburg Currency Exchange: goals, consequences and prospects

... important for diversifying the currency reserve and strengthening the ruble's position on the international stage. My view on this deal as the founder of the Open Oil Market project As the founder of the Open Oil Market, I see several key advantages for Russian business in this decision of the Central Bank. With the emergence of a new currency platform, domestic companies and entrepreneurs have the opportunity to conduct currency transactions more safely and efficiently, without fear of sharp fluctuations in the exchange rate. For my project, this opens up additional prospects, since a stable currency market ...

News on Startups and Venture Investments - Tuesday, June 17, 2025: Fintech Unicorns and IPO Resurgence Revitalize the Market

... financing industrial startups (robotics, digital twins), major IT holdings are launching accelerators for B2B SaaS solutions, and venture divisions of banks are investing in local fintech and regtech products. Simultaneously, an increasing number of Russian teams are seeking growth beyond their borders. Some startups are pivoting towards neighboring markets or the Middle East, where investor interest is higher. Companies from Kazakhstan, Uzbekistan, and Belarus are attracting capital from Middle Eastern, Chinese, and European funds, acting as "bridges" between ecosystems. Within Russia, deal sizes remain modest (rarely exceeding a few million dollars),...

Energy Sector News – Wednesday, July 30, 2025: Brent Surpasses $70; Europe Accelerates Gas Injections Before Winter

... European Union committed to purchasing energy resources from the U.S. worth $250 billion annually (oil, LNG, petroleum products, nuclear fuel). It is anticipated that the U.S. will become the key supplier of gas and oil to Europe, effectively displacing Russian resources. Shares of major American LNG exporting companies (such as Cheniere, Venture Global) have already responded with a rise of 7-9%, factoring in expected stable demand from Europe. Assessments and Skepticism: Some analysts doubt that the EU can physically fulfill such purchase volumes. European ...

Economic Events and Corporate Reports — August 6, 2025: Reserve Bank of India rate, inflation in Russia, and reports from Disney, Uber, McDonald's

... advertising business and mobile gaming segment within its ecosystem. Lyft. Uber's main competitor in the ride-sharing market will also provide quarterly reports, offering additional insights into trends in passenger transport industries. Reports from Russian Companies OGK-2. A major Russian energy generation company (part of the Gazprom group) is expected to reveal its financial results for the first half of 2025 according to international financial reporting standards (IFRS) on August 6. Investors will assess ...

Economic Events and Corporate Reports - Monday, July 28, 2025 - OPEC+ Meeting, Dallas Fed Index

... specified range, primarily reacting to external shocks and energy price dynamics. Russian Stock Market: Prospects for Investors The Russian stock market concluded the previous week with little significant movement, reflecting a mixed influence of internal and ... ... consumer demand, while on the other hand, they contribute to an influx of funds into deposit instruments, making investments in companies with stable profits more attractive due to limited alternatives. Analysts provide moderately positive forecasts for ...