Coal production in Russia in the first half of the year remained at the level of last year

Coal production in Russia for six months of this year is approximately the same as last…

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Oil production in Russia grew by 3.4% in the first half of the year

Oil production in Russia in the first half of 2022 increased by 3.4% year-on-year, production of…

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Aeroflot shares rise 5% amid easing of EU sanctions on aviation products

Aeroflot shares jumped 5% on Thursday afternoon after the European Union announced the easing of restrictive…

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AUD/USD FLIRTS WITH MONTHLY HIGH, SITS ABOVE 0.6900 AMID SUBDUED USD DEMAND

AUD/USD gained traction for the fourth straight day and climbed to a fresh monthly high. Receding…

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UK June CPI +9.4% vs +9.3% y/y expected

Prior +9.1% Core CPI +5.8%vs +5.8% y/y expected Prior +5.9% UK consumer inflation rises further in…

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French authorities will spend 9.7 billion euros to nationalize EDF

The French authorities are planning to send a public offer to buy back shares of the…

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Gazprom and Iranian NIOC sign memorandum on gas and oil projects

Deputy Chairman of Gazprom Vitaly Markelov and head of the Iranian National Oil Corporation (NIOC) Mohsen…

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Experts recorded an „unpleasant slide” of the Russian grain market into recession

Grain prices in the Russian Federation continue to „slide”, this process is most rapid in the…

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VTB in June increased the issuance of retail loans by May by one and a half times

In June 2022, VTB issued retail loans for 130 billion rubles, which is one and a…

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MMK Group reduced steel production by 9.5% in the first half of the year

The MMK Group (the flagship asset is the Magnitogorsk Iron and Steel Works) produced 6.063 million…

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