Warren Buffett’s Berkshire Hathaway Corporation has disclosed that it will acquire a stake in Activision Blizzard for nearly $1 billion in the fourth quarter of 2021. This came weeks before this video game maker agreed to a $75 billion deal with Microsoft, The Financial Times writes. Berkshire Corporation disclosed the purchase of 14.7 million shares […]

Sberbank agreed with the government’s position on the need to regulate rather than ban cryptocurrencies in Russia. This was stated by the Deputy Chairman of the Board of Sberbank Anatoly Popov, writes RIA Novosti. According to him, effective rules for the market will allow citizens and organizations to legally acquire, declare and pay taxes on […]

The S&P 500 index closed slightly lower on Monday, largely recovering from a sharp sell-off as U.S. plans to move its embassy from Kiev to western Ukraine led to heightened geopolitical tensions. All three major Wall Street stock indexes fell sharply after United States Secretary of State Anthony Blinken announced the relocation of the diplomatic […]

Cryptocurrency should not be offered to unqualified investors, the integration of its purchase mechanism into the domestic financial system carries serious risks, said First Deputy Chairman of the Central Bank Vladimir Chistyukhin. Deputy head of the Ministry of Finance Alexei Moiseyev said that the Ministry also recognizes the risks associated with the circulation of cryptocurrency, […]

According to the American Semiconductor Industry Association (SIA), in 2021 alone, the global semiconductor industry sales reached a record $555.9 billion, but demand for semiconductors in the coming years is expected to “significantly increase”. At the same time, China remains the largest market for these products, which were sold there last year for $192.5 billion, […]

Consolidated revenue “Yandex” in 2021 under US GAAP increased by 54% to 356.2 billion rubles, writes “Prime” with reference to the message of the Internet company. “Total revenue in 2021 grew by 54% year-on-year to RUB 356.2 bln in 2020. This is higher than the analysts’ forecast of RUB 351 bln,” the report said. The […]

The Central Bank and 12 Russian banks have started testing a digital ruble platform, Vedomosti reports, citing the regulator’s press service. “Now three banks from the pilot group have already connected to the platform. Two of them have successfully conducted a full cycle of operations on transferring digital rubles between clients using banking mobile applications,” […]

The market is rallying and risk premiums are falling after Russia announced that at least some of its troops will return to bases after exercises on the border with Ukraine. The U.S. market should open sharply higher unless it is upset by the release of producer price inflation data for January. The mining industry continues […]

Michael Burry’s Scion Asset Management fund has released its fourth quarter 2021 transaction data. The filing data, which was submitted to the U.S. Securities and Exchange Commission (SEC), states that Scion Asset Management sold four stakes in the fourth quarter: CVS Health pharmacy chain securities;shares of military-industrial corporation Lockheed Martin;shares of technology company NOW;shares of […]

SPX Exchange is going to hold IPOs of five companies – several initial public offerings are scheduled for 2022. This is reported by Kommersant with reference to sources in the press service of the platform. The exchange did not specify the names of potential issuers, but RBC Investments’ press service added that some of them […]

Тинькофф Банк вернулся на ипотечный рынок, а Украина сообщила о DDoS-атаке на правительственные сайты и банки — эти и другие важные новости к утру среды, 16 февраля, в нашем ежедневном обзоре. Тинькофф Банк начал выдавать кредиты на рефинансирование ипотеки внешним клиентам, заявил РБК его представитель. Это первый этап возвращения кредитной организации на ипотечный рынок. Игровая платформа Roblox Corp […]

U.S. Republican senators introduced their own bill on Tuesday to support Kiev and impose sanctions on Russia over its military buildup near Ukraine’s borders, after bipartisan negotiations on a previous sanctions bill stalled. The introduction of a new bill called the “Preserving Territorial Integrity in Europe Act” (NYET) does not mean that negotiations between Republicans […]

When Tom Lee, founder of Fundstrat, published his first report on BTC 5 years ago, he predicted that the cryptocurrency could be worth between $15,000 and $50,000 by 2022, CNBC writes. BTC is currently in the upper middle part of that range, but Lee remains optimistic about the future of bitcoin and the cryptocurrency sector […]

The Russian government is not considering the option of banning cryptocurrency in Russia, First Deputy Chairman of the State Duma Committee on Security and Anti-Corruption Andrei Lugovoi told RBC. He added that the working group in the Duma, which will meet on February 16, also did not have any documents or proposals for a ban. […]

Oil prices are moderately growing during the trading session on Wednesday after a sharp drop in the previous trading results. The conflict between Russia and the West over Ukraine remains in the center of attention of traders. Traders still see serious risks for the market in case of escalation of the conflict around Ukraine. The […]