Germans may switch to wood to heat their homes this winter as Russia cuts natural gas supplies, according to Deutsche Bank. German households may switch to wood as a source of heating for their...
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Deutsche Bank predicted a recession in the economies of Germany and the United States
Analysts at Deutsche Bank expect a recession in the economies of Germany and the United States, MarketWatch reports. In their opinion, there have been serious changes in the markets after the publication on July...
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„Central Telegraph” refused the moratorium on bankruptcy
Central Telegraph PJSC has refused to apply a moratorium on initiating bankruptcy proceedings against itself. The corresponding statement of the company is posted on Fedresurs. Thus, the company will not be subject to the...
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The Duma agreed to postpone the submission of the draft budget to the Parliament
The State Duma at an extraordinary meeting adopted a law in three readings at once, which shifts the deadline for submitting a draft federal budget to parliament for a three-year period in 2022 from...
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Kizlyar brandy factory increased semi-annual production by 30%, sales – by 36%
SC „Kizlyar Brandy Factory” (KKZ, Dagestan) in January-June 2022 increased its production by 30.2% compared to the same period in 2021 – up to 331.44 thousand dal, the General plant director Evgeny Druzhinin. Sales...
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BNY Mellon cut quarterly net income worse than expected
In the second quarter of 2022, Bank of New York Mellon (BNY Mellon), the world’s largest custodian bank, reduced its net profit by 16% to $835 million compared to $991 million in the same...
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