Stock market news

Premier's net profit under GAAP for fiscal year 2020 was $292.18 million, up 2.9% from $284.079 million in the previous year. Revenue increased by 6.7% to $1.3 billion from $1.218 billion a year earli…

The Bank of Nova Scotia's IFRS net profit for the 9 months of 2020 was $4.954 billion, down 23.7% from $6.49 billion the previous year. Net interest income increased by 1.7% to $13.062 billion from $1…

Severstal's joint venture with Italian Tenaris - OOO Tenaris Severstal - has received permission to build an OCTG welded pipe mill and to approve the design of a pipe-welding mill at the plant's site …

The Volkswagen ID.301 electric car set its first driving range record. It travelled 531 km on a single battery charge from Zwickau to Schaffhausen, which is 26% more than indicated in its characterist…

Shareholders of Diod approved dividends for 2019 in the amount of ₽0.43 per ordinary share. The last day of purchase of securities to receive dividends is August 28, 2020. Dividend yield may amount to…

FinVolution Group's net profit under GAAP for 6 months of 2020 was ¥0.874 billion, down 35.9% from ¥1.364 billion the previous year. Revenue increased 24.8% to ¥3.917 billion, compared to ¥3.138 billi…

Sberbank has joined the program of educational loans with state support at 3%. The loan is granted for a period of study plus 15 years. The period of preferential loans under the program was increased…

Tesla intends to begin mass production of long-life batteries within 3-4 years
Elon Musk suggested that Tesla would be able to mass produce batteries with an extended battery life and energy density of 400 Wh/kg within 3-4 years, which is the key to achieving a greater power res…

Aeroflot Group transported 15.8 million passengers in the 7th month of 2020, 54.2% less than 34.6 million passengers in the same period last year. Passenger traffic was down 56.7% to 38,686.4 million …

Gazprom Holding signed a Memorandum with Mongolia on setting up a JV in that country to develop a feasibility study of a gas pipeline project for gas supplies to China.
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