Tag Archives: Investors

Strong fundamentals of Russian economy attract foreign investors

Russia’s economic growth is a very positive sign for businesses, as it creates a lot of confidence about their investments, Ian Colebourne, CEO of Deloitte CIS, told RT at the St. Petersburg International Economic Forum (SPIEF). “I think it’s fair to say that the level of growth would have been higher if we hadn’t faced these challenges [sanctions]. And I ...

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Anti-Russia sanctions won’t spook Chinese investors – Beijing

Washington’s latest economic penalties against Moscow will not have any impact on Chinese investments in Russia as Beijing plans to back bilateral cooperation in trade, the Chinese Ministry of Commerce (MOC) has said. “Over the years, the US has repeatedly unilaterally imposed sanctions against other states. The Chinese side is firmly against this,” a senior MOC official Liu Xuesong told ...

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Moscow gets into Europe’s top 5 most attractive cities for investors

The Russian capital has climbed above Helsinki, Warsaw, Berlin and Stockholm to rank fifth among Europe’s most attractive cities for foreign investment. The 2018/2019 ranking was compiled by Foreign Direct Investment Intelligence (a division of the Financial Times). It assessed 301 European cities and 150 regions. London has maintained its leading position in the rating, but experts said that could ...

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Out with nepotism! Tesla investors want Elon Musk’s brother booted off board

A group of activist investors has called for a radical shake-up of Tesla’s board of directors, aiming to remove Kimball Musk, the brother of company’s CEO Elon Musk, as a board member. CtW Investment Group, which represents some $ 250 billion worth of union pension investments, reportedly wants the company’s shareholders not to support the reappointment of three Tesla board ...

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Apple says it will return $100B to investors with a massive new program after a strong Q2

Apple ended up with a pretty decent report for its second quarter, beating analyst expectations on most of its metrics — but it is making a huge move in terms of returning capital to investors. The company said it is announcing a new $ 100 billion buyback program and increasing its dividend by 16%. That means that Apple investors are ...

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Yuan becoming safe haven for investors amid Russia-US standoff

Chinese assets have recently seen a significant inflow of investments after relations between Russia and the US took a turn for the worse, making investors search for a safe place for their cash. The Chinese yuan is becoming a safe haven for global investors, Larry Brainard, TS Lombard chief emerging markets economist, told Bloomberg earlier this week. The analyst said ...

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US stocks crash as fear of all-out trade war spooks investors

Wall Street saw heavy losses in early trading on Wednesday after Beijing announced retaliatory tariffs on American imports. Read more The Dow Jones Industrial Average dropped by over 400 points, or two percent. The S&P 500 and the Nasdaq opened 1.3 percent lower. “It’s tit-for-tat as China retaliates, sending the markets in a tailspin. Today’s decline will likely accelerate the ...

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Global investors like Russia even if Western governments don’t

Defying the latest accusations against Moscow over an ex-spy’s alleged poisoning in the UK, the Russian equity market has been attracting capital from foreign investors, Sberbank Investment Research reveals. According to the analysis, which includes data from Emerging Portfolio Fund Research (EPFR), foreign investors allocated total of $ 146 million for the week through March 14, which is greater by ...

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US investors scramble to keep Russians from taking over refineries from Texas to Maine

Group of investors from the US are seeking White House approval to obtain the 49.9 percent collateral in the Venezuela-owned American refiner Citgo currently held by Russia’s oil major Rosneft, Reuters reports. Read more The measure is reportedly aimed at preventing the Russian state-run company from seizing nearly half of the Texas-based refiner in case of a complete default by ...

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Saudi Arabia wants investors back after anti-corruption purge

Three months on from Saudi Arabia’s crackdown on corruption — which saw hundreds of the country’s elite arrested — most detainees have now been released, and Riyadh is trying to lure investors back. Sources told Reuters that during recent meetings with the local business community, Saudi officials tried to reassure them that another wave of mass detentions was not on ...

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