Is the company’s innovation engine running out of steam? — RT Business News

Is the company’s innovation engine running out of steam? — RT Business News

Source link The company’s stock has slumped in recent months as it loses ground to its rivals in technology development Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews Since my October 2023 warningApple’s stock price has defied the broader tech sector’s upward trend […]

Ukraine won’t extend Russian gas transit deal – official    — RT Business News

Ukraine won’t extend Russian gas transit deal – official    — RT Business News

Source link Kiev has no plans to prolong the current contract with Russia on gas transit to the EU when it expires this year, Ukrainian Energy Minister German Galushchenko said on Sunday. Brokered by the EU, the current five-year deal was signed in 2019. Under the agreement, Russian energy giant Gazprom agreed to transit 65 […]

EU members oppose plan to arm Kiev with Russian money – Politico  — RT Business News

EU members oppose plan to arm Kiev with Russian money – Politico  — RT Business News

Source link Malta, Luxembourg, and Hungary have reportedly warned against directing the proceeds generated by the frozen assets to Ukraine’s military An EU plan to use the profits generated by Russia’s frozen central bank assets to buy weapons for Ukraine has faced resistance from Malta, Luxembourg, and Hungary, Politico reported on Thursday, citing an EU […]

Putin calls off nationalization of Danone Russia — RT Business News

Putin calls off nationalization of Danone Russia — RT Business News

Source link The shares of the French food company’s local business had previously been placed under temporary state control Russian President Vladimir Putin has signed a decree to remove French food giant Danone’s local business from a list of assets placed under temporary state management, according to a document published on the portal of legal […]

Oil industry will be swamped with work ‘for another 100 years’ – Putin — RT Business News

Oil industry will be swamped with work ‘for another 100 years’ – Putin — RT Business News

Source link Hydrocarbons production will remain relevant for a “very long time,” the Russian president has said The world will continue using oil and gas for a long time despite the focus on renewable energy, Russian President Vladimir Putin has said, adding that jobs in this sector have a secure future. He was speaking at […]

Russia’s response to asset seizure could trigger global financial collapse – Reuters  — RT Business News

Russia’s response to asset seizure could trigger global financial collapse – Reuters  — RT Business News

Source link Brussels needs and an “emergency mechanism” in case its plan to fund Kiev with Russia’s money backfires, according to an EU official While Brussels is searching for legal loopholes to send frozen Russian assets to Ukraine, it must keep some of the cash as a “safety buffer,” should its clearing house Euroclear get […]

EU criminalizes sanctions evasion — RT Business News

EU criminalizes sanctions evasion — RT Business News

Source link The new directive will allow member states to jail individuals and fine businesses The European Parliament has adopted a directive to criminalize the violation and circumvention of EU sanctions, according to a document published on the legislative body’s website on Tuesday. It stressed that providing financial services or legal advisory services in violation […]

Investors lobbying for EU military spending splurge – Bloomberg — RT Business News

Investors lobbying for EU military spending splurge – Bloomberg — RT Business News

Source link Investors are pushing for an EU-wide debt program that would bring them healthy profits while helping the bloc to increase military spending, Bloomberg has reported. Bond investors want the bloc’s temporary joint EU debt program that was launched mostly to finance the pandemic recovery fund to become permanent, the outlet has suggested. The […]

EU accelerating plan to send profits from frozen Russian assets to Kiev – FT   — RT Business News

EU accelerating plan to send profits from frozen Russian assets to Kiev – FT   — RT Business News

Source link A first tranche of over $3 billion could be disbursed in July, the outlet has learned The European Commission is pressing ahead with its plan to give Kiev up to €3 billion ($3.2 billion) from profits generated by frozen Russian assets amid waning financial support from the US, the Financial Times reported on […]