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World News

A collection of 453 issues

AmRest Holding failed to sell KFC and Pizza Hut in Russia

Polish owner of fast food restaurants could not sell its Russian business in favor of VTB Capital. Under the management of AmRest in Russia there are 267 establishments. The deal was discussed even before the start of the special operation in Ukraine. The sale was disrupted by sanctions against VTB.

BMW reported the first quarter of this year

Revenue: €31.14 billion (forecast €30.84 billion) Automotive revenue: €26.73 billion (forecast €27.08 billion) EBIT: 3.39 billion euros (forecast 2.9 billion euros) The company sees no easing of chip supply bottlenecks until the 2nd half of the year.

German treasury bond yields broke through 1% for the first time since 2015

Investors are actively selling bonds, expecting a rate hike from the ECB. Today another disappointing data on industrial inflation in Europe came out - producer inflation rose to 36%. Treasury bond yields are the benchmark for the EU. Rising bond yields are impacted by rising lending rates in Europe, as

Are we facing stagflation?

Inflation in the world's biggest economies is at historic highs, and GDP is contracting. "This will be a stagflationary year in the eurozone. Higher energy prices will keep inflation high, reduce household incomes and undermine business confidence," Andrew Cunningham, Capital Economics' chief economist for Europe.

Russia to leave ISS because of sanctions

Rogozin said that Moscow will leave the International Space Station. He blamed the move on sanctions imposed in connection with the special operation in Ukraine. "The decision has already been made, we do not have to talk about it publicly" - Rogozin

Finland prepares to cut off Russian gas supplies in May

According to the newspaper, Gazprom has asked the Finnish gas state company Gasum to respond to demands for payment in rubles by May 20. "It is possible that on May 21 the supply of Russian pipeline gas to Finland and most of Europe will be stopped," the newspaper

Traders go into a gray area, refusing to disclose reports

Energy trading companies such as Vitol Holding , Trafigura, Gunvor and Mercuria Energy are hiding their quarterly results. The companies have been reluctant to disclose their trading in recent months, hiding speculative operations. Traders have previously turned to the ECB to secure additional funding because of margin calls on the London

Meta shares up 17%

No one was expecting anything good from Meta and so their virtually average report seemed just fine to the market. The stock is up 17% at the premarket If the positive sentiment lasts until the market opens and the stock rallies, there is a chance for bitcoin to continue its

Stopping gas flows to Bulgaria and Poland is unlikely to have a major impact on the European gas market

For Europe, the gas stoppage could not have come at a better time: as the weather warms up in spring, gas consumption decreases, somewhat relieving the pressure that has kept prices high for several months. Goldman Sachs analysts said they expect Russia's decision "will have only a

Unofficially: Russia stopped gas supplies to Poland

At the Ministry of Climate gathered crisis headquarters. Official reports on the issue are to be released today, according to media reports. Earlier today, representatives of Poland said that they would not pay for Russian gas in rubles.