Tag Archives: Financial

End of Easy Money Brings a $410 Billion Global Financial Shock

End of Easy Money Brings a $410 Billion Global Financial Shock

(Bloomberg) — The global shift away from easy money is poised to accelerate as a pandemic bond-buying blitz by central banks swings into reverse, threatening another shock to the world’s economies and financial markets. Most Read from Bloomberg Bloomberg Economics estimates that policy makers in the Group of Seven countries will shrink their balance sheets by about $410 billion in the remainder of 2022. It’s a stark turnaround from last year, when they added $2.8 trillion — taking the… Source link

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Yandex scales back “many planned investments,” withdraws 2022 financial guidance

Yandex scales back “many planned investments,” withdraws 2022 financial guidance

In the instable environment created by Russia’s war on Ukraine, Yandex’s annual report to the US Security Exchange Commission (SEC) provides details on a range of pressing business issues and potential company risks. The report was issued Thursday by Yandex’s Netherlands-headquartered mother company, which has been listed on the Nasdaq since 2011. After the resignation of one of its top executive in March — Tigran Khudaverdyan, who was designated under EU and UK… Source link

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Russia’s Yandex withdraws 2022 financial guidance, scales back investments

Russia’s Yandex withdraws 2022 financial guidance, scales back investments

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo Register now for FREE unlimited access to Reuters.com Register April 21 (Reuters) – Russian internet giant Yandex (YNDX.O) on Thursday withdrew its 2022 financial forecasts and said it was scaling back planned investments, one of several Russian companies grappling with Moscow’s increasing isolation in the wake of the conflict in Ukraine. Just… Source link

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Congress accuses Commanders of financial impropriety

Congress accuses Commanders of financial impropriety

The Washington Commanders may somehow be in even deeper trouble than they were before. In a letter to the Federal Trade Commission, which was obtained by the Washington Post, the House Committee on Oversight and Reform accused Commanders executives and team owner Daniel Snyder of hiding revenue from the NFL for over a decade by withholding security deposits that should have been refunded to season ticket-holders. “We are writing to share evidence of concerning business practices by the… Source link

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Digihost Announces 2021 Audited Year End Financial Results and Provides Operational Update

Table: BTC mining operations Table: BTC mining operations This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S. based Bitcoin (“BTC”) mining company, is pleased to provide a summary of the… Source link

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NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

Quarterly Total Revenues reached RMB9,900.7 million (US$1,553.6 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 25,034 vehiclesFull Year Total Revenues reached RMB36,136.4 million (US$5,670.6 million)Full Year Deliveries of the ES8, the ES6 and the EC6 were 91,429 vehicles SHANGHAI, China, March 24, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO; HKEX: 9866), a pioneer and a leading company in the premium smart electric vehicle market, today… Source link

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Financial sector ‘on high alert’ for cyberattacks, CrowdStrike CEO says

Though cyberattacks have not been utilized heavily in the Ukrainian conflict to this point, the financial sector remains on high alert to the possibility. CrowdStrike (CRWD), an American cybersecurity company dedicated to preventing and combating security breaches, is one of several informational security corporations increasing vigilance in anticipation of possible cyberattacks. CEO George Kurtz discussed the prospect of cyber warfare in the conflict in Ukraine on a recent Yahoo Finance Live… Source link

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Novavax Reports Fourth Quarter and Full Year 2021 Financial Results and Operational Highlights

GAITHERSBURG, Md., Feb. 28, 2022 /PRNewswire/ — NVX-CoV2373 is the first protein-based COVID-19 vaccine authorized in multiple major markets around the world, including the European Union, Australia, Canada, and Great Britain; authorizations granted by 12 regulatory agencies and emergency use listing from the WHO Additional filings for authorization under review, including in the United States Initiated vaccine shipments globally, with doses administered in the European Union, Australia,

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Russia Erects Financial Defenses as Sanctions Hit Banks, Markets

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Bank of Russia acted quickly to shield the nation’s $1.5 trillion economy from sweeping sanctions that hit key banks, pushed the ruble to a record low and left President Vladimir Putin unable to access much of his war chest of more than $640 billion. The central bank more than doubled its key interest rate to 20%, the highest in almost two decades, and… Source link

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Yandex N : Announces Fourth Quarter and Full-Year 2021 Financial Results – Form 6-K

Yandex Announces Fourth Quarter and Full-Year 2021 Financial Results MOSCOW and AMSTERDAM, the Netherlands, February 15, 2022 — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2021. Q4 and FY 2021… Source link

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