South Korean electronics manufacturer Samsung Electronics Co. in the second quarter of 2022 increased revenue by 23%, net profit – by 15%. The company’s revenue for the reporting period rose to 77.2 trillion South...
Read More
1 Minute
Orpea shareholders approve the renewal of the board of directors
The shareholders of Orpea, meeting in general meeting, approved Thursday the appointments of five new directors, including that of the former boss of the SNCF, Guillaume Pepy, who will head the board of directors...
Read More
1 Minute
Singapore imposes a ban on the operations of a number of Russian banks – Foreign Minister
Singapore authorities impose a ban on financial transactions of some Russian banks. Foreign Minister Vivian Balakrishnan announced this on Monday in Parliament. „Singapore intends to block some Russian banks and financial transactions related to...
Read More
1 Minute
TotalEnergies’ huge profits revive the debate on „superprofits”
TotalEnergies made huge profits in the second quarter, taking full advantage of the rise in oil and gas prices, which followed Russia’s invasion of Ukraine, and reviving the debate on the taxation of „superprofits”....
Read More
1 Minute
The Minister of Ecology of Italy does not expect radical gas savings in the industrial sector
Italy will not need in the foreseeable future to introduce radical measures to save gas consumed by industrial enterprises, Minister of Environmental Transformation Roberto Cingolani said on television. „In the short term, in 2022...
Read More
1 Minute
The Central Bank introduces new relaxations for banks to comply with the limits of open currency positions
The Bank of Russia introduces a temporary relaxation in relation to the observance by credit institutions of the size (limits) of open currency positions, the press service of the regulator reports. „The Bank of...
Read More
1 Minute
FED WILL HAVE TO HIKE 50 BPS AT EACH MEETING IN THE REMAINDER OF THIS YEAR – RABOBANK
“The FOMC is now fully data dependent and doesn’t want to pre-commit, opening the door wide for further volatility in the front end of the curve,” analysts at Rabobank explain. ADDITIONAL QUOTES: “There are...
Read More
0 Minutes
Eurostoxx futures +0.7% in early European trading
German DAX futures +0.4% UK FTSE futures +0.3% The gains here are in part a bit of catch up to the post-FOMC rally in Wall Street yesterday, which came after the European close. That...
Read More