Stock market news

JPMorgan Chase & Co. profits down more than 20% in 2022
JPMorgan Chase & Co.'s GAAP net income for 2022 was $37.7 billion, down 21.9% from $48.3 billion in the previous year. Revenue rose 5.6% to $132.3 billion from $125.3 billion a year earlier.

The first game on the VK engine will appear by 2025
The first prototype game on the Russian cross-platform video game development engine VK may appear before the end of December 2025. The engine is planned to be ported to iOS and Android operating syst…

Wells Fargo's 2022 profits are down nearly 40%
Wells Fargo & Co.'s GAAP net income for 2022 was $13.182 billion, down 38.8% from $21.548 billion the previous year. Revenue fell 6% to $73.785 billion from $78.492 billion a year earlier.

Bank of America profits in 2022 down 14%
Bank of America's GAAP net income for 2022 was $27.5 billion, down 14.1% from $32 billion the year before. Revenue rose 6.6% to $95 billion from $89.1 billion a year earlier.

Tinkoff Bank will cancel interest on the balance of debit card holders
From 17 January, Tinkoff Bank will stop charging interest on the account balance to holders of its debit cards who do not have special status. This option will remain only for users with Tinkoff Pro, …

Transneft sued Rosneft and Tatneft
Transneft sued Rosneft and Tatneft. The sum of the suits against the two companies exceeds ₽800 million. Earlier Transneft's official representative Igor Demin reported that Transneft was suing severa…

Rosneft will start exploring offshore fields in the Sea of Okhotsk
Rosneft may start complex offshore studies of the Severo-Sakhalinskiy subsoil area, located on the continental shelf of the Sea of Okhotsk, as early as this year. The materials of the company say that…

Warner Brothers Discovery Sells Its Music Library
Warner Brothers Discovery is considering selling a music library, writes the Financial Times. According to the sources of the publication, the value of this asset may exceed $ 1 billion. The company n…

Sberbank will disable outdated mobile apps on January 16
The work of outdated versions of the mobile application "Sberbank Online" will stop on January 16, the credit institution said. The application will stop working for users who haven't updated it for a…

Inter RAO does not rule out resuming exports to Europe
Inter RAO may resume electricity supplies to the Baltic states in Finland. The export volumes to these countries can be taken into account in the scheme and program for the development of Russia's ene…
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