Alexei Navalny is coming back home. The leading Kremlin critic plans to fly from Berlin to Moscow on Sunday after recovering from his poisoning in August with a nerve agent. Russia’s prison service said that he faces immediate arrest once he returns. Navalny, who has blamed his poisoning on the Kremlin, charged that Russian President […]
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The war between China and U.S: goes on. The Chinese Commerce Ministry said Saturday that it would take necessary countermeasures in response to the New York Stock Exchange’s announcement that it would delist three major Chinese telecoms, in the latest flare-up of tensions between Beijing and Washington. The stock exchange said Thursday that it would […]
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Russia’s Central Bank kept its key rate on hold at 4.25% on Friday. The decision came in line with expectations, the primary reason being the acceleration of CPI to 4.6% year-on-year currently vs. the initial CBR forecast of 3.9-4.2% YoY for this year-end. Central Bank Governor Elvira Nabiullina explained the decision at an online press conference: “When taking a […]
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Nissan Motor named Senior Vice President Makoto Uchida as chief executive officer. The automaker also appointed Mitsubishi Motors Chief Operating Officer Ashwani Gupta as its COO. “The board concluded that Uchida is the right leader to drive the business forward,” Nissan chairman, and acting CEO, Yasushi Kimura said in a statement. “We expect Uchida to […]
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OPEC oil output has fallen to an eight-year low in September after attacks on Saudi oil plants cut production, deepening the impact of a supply pact and U.S. sanctions on Iran and Venezuela, a Reuters survey found. The 14-member Organization of the Petroleum Exporting Countries (OPEC) has pumped 28.9 million barrels per day (bpd) this […]
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Bad news for UK economy. Retail sales unexpectedly fell on the month in August after shoppers bought less online than the month before when major sales promotions encouraged them to splash out, official figures showed on Thursday. Monthly retail sales volumes dipped by 0.2%, the Office for National Statistics said, compared with an average forecast […]
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The birds of ill omen are proven wrong, once more. As a matter of fact U.S. Stocks are pointing to another up session as the fog surrounding the trade war between the U.S. and China seems to be lifting. The two sides have in recent days softened their stance. Dow Industrial futures are gaining 0.2 percent, S&P 500 […]
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Trade war takes its toll. China’s exports unexpectedly fell in August while imports shrank for a fourth month, pointing to further weakness in the world’s second-largest economy and underlining a pressing need for more stimulus as the Sino-U.S. trade war escalates.Containers are seen at a port in Lianyungang, Jiangsu province, Beijing is widely expected to […]
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Nicole Junkermann is a London-based entrepreneur and investor. Born in Düsseldorf on April 27, 1980, Junkermann is the founder of NJF Holdings, which includes NJF Capital, NJF Private Equity, NJF Real Estate and The JJ Collection. As a business leader she is focused primarily on the crossover between the media and technology sectors. Nicole Junkermann, daughter of […]
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Here we go again. Japanese exports fell for an eighth straight month in July, weighed down by shipments of auto parts and semiconductors, as slowing economic growth and trade wars raise fears of a global recession. The value of shipments abroad dropped 1.6% in July from a year earlier, according to the finance ministry. Economists surveyed […]
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