Finances

The President, Chairman of the Management Board of Sberbank, German Gref, said that "nothing terrible" is happening in the situation

London has frozen Russian assets worth more than 18 billion pounds

At the end of ten months, Beac has restored profitability. Net profit since the beginning of the year exceeded 50 billion rubles, and in October the bank earned 122.8 billion rubles.

The US currency dominance and Washington's tough measures to preserve it are forcing a number of countries, including Russia and China

Hungary will block the EU's plan to transfer 18 billion euros to the Kiev authorities under the financial assistance program, Bloomberg reports, citing sources.

The Moscow exchange has set the lower limit of fluctuations in the prices of shares of Detsky Mir (DSKY) due to a sharp decline in paper prices.

The global de-dollarization process could happen in the next 20 to 30 years, according to a former Lehman Brothers executive

In the wake of the January 6, 2021, insurrection at the US Capitol, corporations rushed to distance themselves from political figures who had supported the attack or who had shared the rioters’ politics

Russian Prime Minister Mikhail Mishustin says the Shanghai Cooperation Organization should set up its own payment system

Inflation in France has accelerated to new highs, data from the state statistics agency Insee shows

The ECB has blamed inflation in the Eurozone on COVID-19 and Russian President Vladimir Putin

Credit Suisse has unveiled plans to cut 9,000 jobs as part of a radical restructuring plan

Germany’s preliminary data for October shows inflation will hit a new high of 10.4%

Payment processor PayPal has quietly restored a hefty penalty targeting so-called spreaders of disinformation

Ukrainian President Vladimir Zelensky has issued an order to add $10.5 billion to the country’s 2022 military budget