GameStop Effect Helps St Petersburg Exchange Score Record Trading Volumes
The Reddit-fuelled investment frenzy of recent weeks has pushed Russia’s Saint Petersburg Exchange to become the country’s leading stock exchange...
Economy
Russia’s M.Video-Eldorado Aims to Double GMV to $13.5bn by 2025
Russian retailer M.Video-Eldorado plans to double its gross merchandise volume (GMV) to $13.5 billion by 2025, combining its large store...
Bitcoin Price Hits Fresh All-time High Surpassing $48,000
The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high,...
Russia Considering at Least $6.7 bn Spending Package to Ease Discontent
Russian authorities are considering a new social spending package worth at least $6.7 billion to address discontent over falling living...
Morgan Stanley Analysts Initiate a Long Ruble Position
Morgan Stanley initiated a long Russian ruble position against a 50-50 basket of the dollar and the euro it said...
Bitcoin Shoots past $44,000 as Tesla Announces Plan to Start Accepting Cryptocurrency
The largest cryptocurrency, bitcoin, surged to a record high of over $44,000 on Monday following the news that Tesla has...