Reuter's poll revels recession risk

Note: This section contains information in English only.
Source: Dukascopy Bank SA
A Reuter's poll results published on Friday revealed that a majority of economists set the possibility of a US recession in the next two years at 40%.
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Fri, 17 May 2019 09:19:06 GMT

Russia's Fridman takes control over Spanish retailer DIA

The investment fund LetterOne owned by Russia's tycoon Mikhail Fridman stated on Friday it had gained control over DIA, the loss-making Spanish retailer, after submitting a takeover bid.

Fri, 17 May 2019 08:29:59 GMT

Kazakhstan seeks pay from Transneft

On Friday, Kazakh officials announced that Transneft has tainted Kazakh oil that was transported through a Russian pipeline. The country will seek reparations for the damaging of almost 600,000 tonnes of oil.

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