BP selling minority stake in co that owns 20% of TAP to Apollo for …
WEB3 days ago · BAKU. Sept 16 (Interfax) - BP and U.S. global alternative asset manager Apollo have signed an agreement for Apollo-managed funds to purchase a non-controlling stake in BP Pipelines TAP Limited, the BP subsidiary that holds a 20% share in Trans Adriatic Pipeline AG (TAP) in a transaction valued at approximately $1 billion, BP said in …
Russian Central Bank could establish macro-surcharges on foreign ...
WEB3 days ago · MOSCOW. Sept 16 (Interfax) - The Central Bank of Russia could establish macro-prudential surcharges on foreign currency loans to exporters to reduce systemic risks, the CBR said on Monday in a draft of the main directions to develop the financial market for 2025-2027.
Central banks of Kazakhstan, Germany to cooperate in fintech, …
WEB3 days ago · ALMATY. Sept 16 (Interfax) - The Central banks of Kazakhstan and Germany will cooperate in fintech, digital transformation and digital financial assets. Governor of the National Bank of Kazakhstan, Timur Suleimenov, and Burkhard Balz, a member of the Deutsche Bundesbank executive board, signed a ...
Yandex selling telemedicine division to Genotek
WEB3 days ago · Sept 16 (Interfax) - Yandex is selling its telemedicine business under the Yandex Health brand to the Genotek genetic research company, the internet company said. Telemedicine has been an experimental business for Yandex since 2016. The amount of the deal has not been disclosed. Yandex will transfer the Yandex Health mobile app and …
Russian Central Bank to increase yuan swap rates substantially as …
WEB6 days ago · MOSCOW. Sept 13 (Interfax) - The Central Bank of Russia plans to change interest rates on currency swap transactions for the sale of yuan for rubles with their subsequent purchase as of September 16, 2024, the regulator said. Rates on yuan will increase substantially. They will be set at the Overnight Shanghai Interbank Offered …
Ruble unchanged against yuan on Central Bank decision to hike …
WEB6 days ago · Sept 13 (Interfax) - The ruble was unchanged against the yuan on the Moscow Exchange immediately following the Central Bank of Russia's decision to raise the key rate 100 basis points to 19% per annum as the market had already priced this in. The yuan was trading at 12.7105 rubles/CNY 1 by 1:31 p.m., a minute after the decision was …
Problems with cross-border settlements persist, holding back …
WEB6 days ago · MOSCOW. Sept 13 (Interfax) - Problems with cross-border settlements persist and are holding back imports when they are in demand, Central Bank Governor Elvira Nabiullina said at a press conference. She also said lower oil prices were a pro-inflationary factor for Russia. "Importers are still having ...
Russia not ruling out imposing precise country-based restrictions …
WEB3 days ago · MOSCOW. Sept 16 (Interfax) - Moscow is not ruling out the possibility of introducing precise country-based restrictions on exports of uranium, titanium and nickel, but is weighing all possible consequences of such decision, Russian Deputy Foreign Minister Sergei Ryabkov said on Saturday.
China Development Bank to lend 2 bln yuan to Development Bank …
WEB6 days ago · Sept 13 (Interfax) - The Development Bank of Kazakhstan (DBK) and the China Development Bank (CDB) have signed the first loan agreement for 2 billion yuan, the DBK press service reported. "The agreement with the China Development Bank and the negotiations with major Chinese financial institutions open new prospects for expanding …
KMG, MOL, Sinopec JV could boost gas output at Rozhkovskoye …
WEB6 days ago · ALMATY. Sept 13 (Interfax) - Daily gas production at the Rozhkovskoye field in Kazakhstan is currently 1.37 million cubic meters and is expected to rise to 1.5 mcm by the end of the year, the KazMunayGas (KMG) press service said. "At present, daily gas production of 1.37 mcm has been achieved.