Russia Financial News
05.05 / 10:09
reports
fall
UniCredit reports fall in Q1 earnings from poor performance of Russia business
UniCredit reported a drop in first-quarter earnings on 5 May, dragged by rising provisions related to its Russian business, and cautioned that a planned buyback will depend on its performance in the country.
05.05 / 08:07
Health
Ukraine war: Russia pledges 3-day ceasefire to evacuate civilians from Mariupol steel plant
Russia has vowed to pause its military operation at the huge steel works in Mariupol for three days from Thursday morning to allow civilians to leave.
05.05 / 07:43
Health
Africa
Nearly 200 million people suffered from acute food insecurity in 2021
Around 193 million people suffered from acute food insecurity in 2021, said the United Nations in a new report, a number that's growing at an "alarming rate".
05.05 / 07:43
Health
US raises interest rates by half a point to tame inflation
The US Federal Reserve raised its benchmark short-term interest rate by half a percentage point, its biggest jump since 2000.
05.05 / 05:17
05.05 / 02:03
Blockchain
cryptocurrency
Binance
Bitcoin
regulatory approval
regulatory
Crypto exchange Binance gets French regulatory approval, eyes Paris as regional hub in Europe
Cryptocurrency exchange Binance has registered with France's market regulator, Chief Executive Officer Changpeng Zhao said in a tweet on Wednesday, advancing the company's plan to make Paris its European base.
04.05 / 22:33
markets
Bitcoin
Bitcoin pushes to $40K, but are bulls strong enough to win Friday’s $735M options expiry?
Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances.
04.05 / 21:17
Ethereum
economics
Bitcoin
Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets
The US Federal Reserve (Fed) raised interest rates by 0.5 percentage points, to 0.75%-1%, in line with what analysts expected and what Fed Chair Jerome Powell has previously communicated. (This is a developing story and is being updated.)
04.05 / 18:41
accountants
services
UK bans professional services exports to Russia as accountants, consultants and more barred from work
The UK is banning the export of services such as accountancy, public relations and management consultancy to Russia, UK foreign secretary Liz Truss said.
04.05 / 17:41
European Union
Support
Ukraine war: EU will increase military support to Moldova, says Charles Michel
The European Union will "considerably increase" its military support to Moldova, according to European Council President Charles Michel.
04.05 / 15:21
04.05 / 13:15
Waters
Boeing
'Risky' fourth straight rate hike expected from Bank of England as inflation soars
LONDON — The Bank of England is expected to opt for a fourth consecutive interest rate hike on Thursday, but economists fear it is entering increasingly choppy waters.
04.05 / 10:19
European Union
Italian PM calls for changes to EU treaties amid threats linked to Ukraine war
The EU’s institutions are no longer fit for purpose and need reforming if the bloc is to address the multiple crises it currently faces, according to Italy's prime minister.
04.05 / 10:19
European Union
Ursula von der Leyen
end
Brussels proposes to stop Russian oil imports by the end of the year
Ursula von der Leyen, the president of the European Commission, has today unveiled a proposal to impose an EU-wide ban on Russian oil imports, one of Moscow's main sources of revenue.
04.05 / 09:55
expansion
BNP Paribas trading fees surge after investment bank expansion
Trading fees at BNP Paribas surged by more than 50% in the first quarter, as the bank benefited from market volatility in the wake of Russia’s invasion of Ukraine and an ongoing expansion of its investment bank.
04.05 / 08:23
European Union
Abortion
Ukraine war: Russian strikes include Lviv as EU set to propose ban on oil imports
Russian airstrikes on Tuesday included the western city of Lviv, hitting power plants and causing blackouts.
03.05 / 19:35
Art
Fashion
Refugees
'Frustration and relief' - the UK scheme for Ukrainian refugees 50 days on
"Watching the sheer number of people coming out of Ukraine, we had to do something," said Lucy Wells. "I come from a Christian family, we were brought up to help others wherever you can."
03.05 / 19:35
Art
European Union
Fashion
Energy
Explained: Just how dependent is the EU on Russian oil?
The war in Ukraine has exposed the European Union's entrenched dependency on Russian oil, one of Moscow's most profitable exports.
03.05 / 18:33
Ethereum
Digital
Platform
Bitcoin
This is why a research firm raised red flags over crypto mortgage risks
Cryptocurrencies have an inherent risk element that has got a lot to do with their volatile nature. This is why many famous personalities have questioned its value with the recent being Warren Buffet. The billionaire said he will never buy Bitcoin even at $25 given the fact that it doesn’t produce anything tangible.
03.05 / 17:47
Art
European Union
School
reports
'Fake news': Hungary denies reports it was warned about Russia's invasion of Ukraine
Hungary has denied media reports that it had been warned by Russia about the planned invasion of Ukraine.
03.05 / 17:07
Art
European Union
School
'Sulky liver sausage': Olaf Scholz slammed after refusing to visit Kyiv
The Ukrainian ambassador to Germany has slammed Chancellor Olaf Scholz for refusing to visit Kyiv following Russia's invasion.
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