Business & economy

World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.

Russian millionaire bank deposits increase by 50% in a year – data

A drop in capital outflow has led to unprecedented growth in private banking, research shows FILE PHOTO: The girl at…

Most Americans report worsening finances – survey

Roughly one in six households could not pay all their monthly bills in 2023, a report released by the Federal…

Cutting off Palestine from global banking system would be ‘catastrophic’ – FT

Israel has threatened to revoke a waiver for maintaining ties with financial institutions in the West Bank © Getty Images /…

Putin orders American Express bank to liquidate

The US credit institution has been given the right to “voluntary” close its Russia business © Getty Images / adamdodd Russian…

China can’t be ignored – JPMorgan

The country is too big to sideline, according to the investment bank’s Asia CEO © Getty Images / Yongyuan Dai China…

Russian economic growth hits 5.4%

The economy expanded in the first quarter despite Western sanctions, according to the national statistics service © Getty Images / Andrey…

ECB rushing banks to quit Russia – FT 

Lenders reportedly need to provide the regulator with an exit strategy as early as June over fears of US sanctions…

Gold price hits record high after Raisi death

The Iranian president’s helicopter crash has spurred a ‘safe-haven’ rush among investors © Getty Images / FeelPic The price of gold…

China offloads record amount of dollar assets – data

Beijing has sold $53.3 billion in US securities, according to Treasury Department data ©  Getty Images / ATU Images China…

Davos boss quits – media

Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman Klaus Schwab © Getty Images…

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