Stock market news

Rosbank bought Polza-Finance ICC
Rosbank bought the microcredit company Polza-Finance. This is the fourth systemically important bank in Russia that has entered the microloan market. Alfa-Bank, Sovcombank and TCS Group Holding are al…

MTS will launch a music label in the spring
MTS will launch its own music label by the end of May 2023. The company will offer artists partnership models. The label will not be limited by genre - any artists can cooperate with it. The label wil…

Korea's Naver Corp bought Poshmark
Naver Corp completed its acquisition of Poshmark for $1.2 billion, or $17.9 per share.

Alibaba Group plans to manage business in Europe from Turkey
Alibaba Group is investing in projects in Turkey in order to manage its operations in European markets from that country. The Dünya newspaper reported this on Friday. The other day, Alibaba Group Pres…

General Motors leads U.S. auto market in sales
General Motors has regained leadership in the U.S. market, surpassing Japan's Toyota Motor in 2022 sales. GM sales in the U.S. market last year rose 3% to 2,274,088,000 vehicles. GM's electric car sal…

Amazon will cut more than 18,000 employees
Online retailer Amazon will cut more than 18,000 jobs, Bloomberg reported. The publication noted that this is a record cut in the history of the company. The company acknowledged that it had hired too…

Head of the Ministry of Industry and Trade tested the MS-21
Head of the Ministry of Industry and Trade Denis Manturov, General Director of UAC Yury Slyusar and General Director of Rossiya Airlines Yana Burga flew on the newest aircraft MS-21. Manturov accompan…

Twitter will bring back political ads to the social network
Twitter will soften the ban on political advertising, the company said in a statement on the social network. Thus the company intends to promote public discussion of important topics. It is also indic…

Board of Directors of Avangard Bank recommended that dividends be paid for 2023
The Board of Directors of JSCB AVANGARD has recommended to pay dividends from retained earnings received for 2019 in the amount of ₽31.66 per common share. The last day to purchase securities to recei…

Tesla to increase sales of electric cars by 40% in 2022
Sales of Tesla electric vehicles in 2022 totaled 1.313 million units, up 40 percent from 936,200 a year earlier. Model S/X sales increased 2.6 times, to 66,705 thousand, Model 3/Y sales increased 36%,…
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