Russia Financial News
03.08 / 04:51
UPS
Target
Aviat
HSBC
track
Hot Stocks: Brokerages view on M&M Finance, Mankind Pharma, HPCL, Indigo and Titan Company
Mankind Pharma, Jefferies retained an underperform rating on HPCL, Morgan Stanley had a buy call on Indigo and HSBC maintained a buy on Titan Company. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Morgan Stanley on M&M Finance: Equal-Weight| Target Rs 300 Morgan Stanley maintained an equal-weight rating on M&M Finance with a target price of Rs 300. Disbursements and collections remained strong in July. Collection efficiency in July was also marginally better.Macquarie on Mankind Pharma: Outperform| Target Rs 1450 Macquarie maintained an outperform rating on Mankind Pharma with a target price of Rs 1450.
03.08 / 04:31
UPS
Target
Microsoft
Actor
social
Phishing attacks
Microsoft says Russia-linked hackers behind dozens of Teams phishing attacks
Microsoft Teams chats pretending to be from technical support, Microsoft researchers said on Wednesday. These «highly targeted» social engineering attacks have affected «fewer than 40 unique global organizations» since late May, Microsoft researchers said in a blog, adding that the company was investigating. The Russian embassy in Washington didn't immediately respond to a request for comment.
03.08 / 02:21
UPS
Target
Telegram
show
track
country
Russia strikes Ukraine's Danube port, sends grain prices soaring
Ukraine from exporting grain. The attacks destroyed buildings in the port of Izmail and halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July. Ukrainian deputy prime minister Oleksandr Kubrakov said the Russian drone attacks damaged almost 40,000 tonnes of grains which had been destined for countries in Africa as well as China and Israel.
03.08 / 01:47
UPS
Lowe's
Aware
stage
Russian wheat may shore up domestic stock
Russia via a government-to-government deal to augment domestic stocks amid rising prices, said people aware of the matter. The All-India Consumer Wholesale Price of wheat was up 6.2% to ₹2,633 per quintal on Wednesday, from ₹2,480 a year ago. Prices have risen as the government has imposed stockholding limits and sold the grain in the open market to traders amid concerns about a shortfall in domestic production.
02.08 / 19:35
02.08 / 19:35
COST
FIVE
Corning
country
cover
Deal
exits
Mideast countries that are already struggling fear price hikes after Russia exits grain deal
Egypt and other lower-income Middle Eastern countries like Lebanon and Pakistan are worried about what comes next after Russia pulled out of a crucial wartime grain deal
02.08 / 19:35
Provident
Reuters
Fighting
country
voice
Support
Brazil's Lula voices support for more countries joining BRICS group
Brazilian President Luiz Inácio Lula da Silva says he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa
02.08 / 19:35
Citi
Target
Corning
Shell
show
country
Russian drone strikes hit a Ukrainian port on Romania's border that is key to grain exports
Russian drones have hit a Ukrainian port city along the border with Romania, causing significant damage and a huge fire at facilities that are key to Ukrainian grain exports
02.08 / 18:43
Target
Southern
country
Ukraine says Russia struck port facilities on Danube
Ukraine said Wednesday that Russia had struck port infrastructure in Ukraine's southern region of Odesa, targeting facilities used to export grain since the collapse of the deal allowing shipments from the Black Sea. «On the night of August 2, Russian armed forces carried out a drone attack on Odesa,» the general prosecutor's office said in a statement.
02.08 / 18:03
Law
Binance
regulation
crimes
US DoJ
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
The United States Department of Justice is reportedly considering charging cryptocurrency exchange Binance with fraud, but hesitating based on costs to consumers.
02.08 / 17:19
UPS
country
Russia launches Baltic naval drills, ratcheting up tensions with European neighbours
Ministry of Defence said it began live-fire naval exercises in the Baltic Sea on Wednesday, ratcheting up tensions with nearby European nations that are already high over NATO and Ukraine. Russia last carried out mass military exercises in the Baltic Sea in June, two months after Finland became NATO's newest member.
02.08 / 16:13
UPS
Lowe's
FIVE
show
Unemployment
Low
Double-digit growth in real wages, retail sales as Russia's unemployment hits record low
(Reuters) — Record low unemployment in June highlighted Russia's stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year's economic slump continued with double-digit jumps in wage growth and retail sales.
02.08 / 15:43
UPS
Extreme
Celebrity
country
voice
Wagner
coup
Is Russia involved in Niger coup through Wagner Group? Here's what experts say
CNN. In the pro-junta rallies, many people were holding Russian flags, and anti-French slogans were raised. According to BBC, a Niger businessman proudly wore an outfit in the colors of the Russian flag.
02.08 / 11:57
UPS
Drop
Phillips 66 joins rival refiners with sharp profit drop on lower margins
(Reuters) — Phillips 66 (NYSE:PSX) reported a 46% fall in second-quarter profit on Wednesday, the latest U.S. refiner to signal the hit from a decline in margins from last year's sky-high levels when Russia's invasion of Ukraine squeezed fuel supplies.
02.08 / 11:57
COST
KFC
boost
Yum Brands beats quarterly results estimates on KFC boost
(Reuters) -Yum Brands topped market estimates for quarterly results on Wednesday, as cheaper meals and promotional offers at its KFC restaurants boosted demand and overshadowed lackluster traffic at Taco Bell and Pizza Hut.
02.08 / 11:23
Fitch
UAE Dirham-Rupee rate today: INR drops to near one-month vs AED amid weak risk appetite
Against the US dollar, the Indian rupee posted its biggest one-day loss in nearly two months. The rupee ended the day at 82.58 against the US dollar, also weighed down by possibly dollar demand from importers.
02.08 / 08:43
UPS
FIVE
Reuters
CEO
country
record high
India's July edible oil imports at record high
India's edible oil imports in July rose to a record 1.76 million metric tonnes as refiners built up stocks for upcoming festivals given uncertainty over supplies from the Black Sea, five dealers told Reuters. Higher purchases by the world's biggest importer of vegetable oils could help to lower palm oil stocks in Indonesia and Malaysia and support benchmark futures. They would also strengthen soyoil futures and could reduce inventories in sunflower oil-producing Black Sea countries.
02.08 / 03:47
UPS
Extreme
Strategy
Fallout
performer
etmarkets
ETMarkets Fund Manager Talk-Using “BMV” metric, this Rs 3,600 cr fund manager tries to add alpha in portfolio
MUMBAI — Baroda BNP Paribas Mutual Fund is unperturbed by the rally in domestic equities and believes that mid-teen returns are likely over the next 1 year given the strong fundamentals. Asked about how the fund aims to generate alpha returns for its investors, Jitendra Sriram, a senior fund manager at the asset management firm, shared the “BMV” metric adopted by the company in its hybrid fund to achieve the same.
02.08 / 03:05
02.08 / 02:39
Citi
Waves
Target
Telegram
Southern
Kyiv mayor says Russian drone attack targets Ukraine capital
Kyiv's mayor said on Wednesday that a Russian drone attack on the capital overnight caused damage in multiple districts. «As a result of the enemy attack on the capital and the fall of (unmanned aerial vehicle) wreckage, a non-residential building was damaged in the Solomyansky district,» Kyiv Mayor Vitali Klitschko said on Telegram. Kyiv's busy Solomyansky district hosts an international airport.
01.08 / 23:04
COST
ExxonMobil
Shell
performer
fall
BP profits are cut in half to $2.6 billion as oil and natural gas prices fall
Energy giant BP says it earned nearly $2.6 billion in the second quarter
breaking news about Russia
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