Stock market news
BMW will pay a $18 million fine to the Federal Securities and Exchange Commission for false sales figures. We are talking about reports for the period from 2015 to 2019. Due to repeated inaccuracies i…
MTS President Alexey Kornya expressed his fears about the slowdown of the new 5G network development in Russia. Earlier, Vedomosti newspaper sources reported on the State Commission for Radio Frequenc…
Retailer X5 Retail Group returns office employees to the remote location. The decision was made due to changes in the dynamics of COVID-19 morbidity. During the last months, 10 - 20% of the total numb…
Costco Wholesale's net profit under GAAP for fiscal year 2020 was $4.002 billion, up 9.4% from $3.659 billion the previous year. Revenue increased by 9.2% to $166.761 billion from $152.703 billion a y…
The government decided on the size of Transneft's dividends: the company must pay 50% of its IFRS net profit. Previously, "Transneft" offered the option of installment payment for 3 years, if at the r…
Against the background of epidemiological situation, Sber will transfer 50% of its employees to a remote location. Those employees who stay in the office will be provided with personal protective equi…
Spotify and Epic Games founded the Application Equity Coalition, aimed at fighting against Apple and creating a level playing field for app developer companies. Companies have made a number of claims,…
Amazon has presented cloud service Luna, which will use the capacity of Amazon Web Service infrastructure and will compete for Stadia from Google and xCloud from Microsoft. Users will be able to use L…
Kamchatskenergo's IFRS net profit for 6 months of 2020 was ₽356 million, which is 2.5 times lower than the previous year's ₽910 million. Revenue increased by 2.2% to ₽7.26 billion against ₽7.104 billi…
The tax burden of TATNEFT will increase by ₽80 billion per year, after abolition of severance tax benefits for extra-viscous oil production and export duty. Now the government is consulting with comp…
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