Saudi Arabia cuts oil prices to record low
Saudi Arabia has reduced its oil export prices to Asian buyers by $11 per barrel for August, marking a 25-year low, according to media reports.
Bloomberg
Russian Central Bank key rate to drop to 10 percent by end of 2027 - Bloomberg
The Russian Central Bank’s key rate will decline to 10% by the end of 2027, according to a forecast by Bloomberg.
Global oil reserves rapidly depleting amid Middle East conflict - Bloomberg
Global oil reserves are declining rapidly due to the conflict with Iran and the closure of the Strait of Hormuz, with inventory levels approaching a 2018 low, Bloomberg reported
When US to extend START Treaty
U.S. President Donald Trump will make a decision on further steps to control nuclear weapons when he considers it appropriate, Bloomberg reported, citing sources.
Russia's gold reserves gain $216 billion in value amid price surge
The value of Russia's gold reserves has increased by over $200 billion in the past four years due to rising global prices, according to US media reports.
Russia's 2025 wealthiest businessmen revealed
The 2025 Bloomberg Billionaires Index ranking has been published, featuring a number of Russian businessmen.
Fortunes of richest Russians up by over $18 bln
The fortunes of Russia's richest businessmen have increased by $18.1 bln since the beginning of this year, according to the Bloomberg Billionaires Index.
Bidzina Ivanishvili gets $1.13bln richer
Wealth of the ruling Georgian Dream - Democratic Georgia party's founder Bidzina Ivanishvili estimated at $7.73 billion, according to Bloomberg Billionaires Index. Since the beginning of 2024, Ivanishvili's …
Ivanishvili gets $700 million richer
Wealth of the ruling Georgian Dream party's founder Bidzina Ivanishvili estimated at $7.3 billion, according to Bloomberg Billionaires Index. Since the beginning of 2024r, Ivanishvili's wealth increased …
Bloomberg suspends its operation in Russia and Belarus
Bloomberg said on Monday it suspends its operation in Russia and Belarus over the situation in Ukraine. It said that clients in these countries will be denied access to its financial products, including its news terminal and e-trade …
Bloomberg: Russia suffers smaller economic slump than peers in 2020
Russia suffered a smaller contraction than most major economies in 2020 after the government opted not to reimpose a lockdown in the second half of the year, according to Bloomberg. …
World's richest woman named
Philanthropist, author and ex-wife of Amazon (AMZN) CEO Jeff Bezos, MacKenzie Scott, is now the wealthiest woman in the world. Scott's net worth is now $68 billion, propelling her past L'Oréal heiress Francoise …
Bloomberg predicts record dop in Russia's GDP
Russia's economy will contract 16% in the second quarter, according to Bloomberg Economics. That would be the worst quarterly performance since at least the early 1990s. Russia’s overall output shrunk by a quarter last …
Bloomberg predicts Gulf states to grave financial difficulties
Saudi Arabia and its neighbors may face a serious crisis in the near future, Bloomberg columnist David Fickling believes. "The current price war in oil markets will only hasten the moment when the …
World's richest lose $195 bln in one day due to coronavirus
The world’s 500 richest people lost a combined $139 billion as markets buckled amid fears that the coronavirus will hammer the global economy. It’s the biggest wealth drop for the group since the Bloomberg Billionaires …
Bloomerg reveals Putin's achievements
Summing up the results of Russian President Vladimir Putin’s presidency over the past twenty years, Bloomberg claimed that “one of the most remarkable things” is the his ability to continue extending the …
Russian billionaires gain leading wealth rebound
The 23 Russian billionaires on the Bloomberg Billionaires Index added $52.9 billion to their fortunes in 2019, the most in four years. The index is calculated basing on the share price of the companies, in which the billionaires have …
Russian billionaires gain $36.3 bln
The combined fortune of Russia’s billionaires increased by $36.324 billion in January–July, Bloomberg reported in its Bloomberg Billionaires Index (BBI). The index is calculated basing on capitalization and financial …
Russia's gasoline prices named among world’s cheapest
Russia's gasoline prices have been named the world’s 10th-cheapest in Bloomberg’s ranking of 61 countries released last week. Russian drivers saw an average 8.2% rise in fuel prices this spring, leading at …
Ivanishvili remains world's 295th-richest person
Former Prime Minister of Georgia Bidzina Ivanishvili claimed the No. 295 spot on the Bloomberg Billionaires Index with a net worth of $5.8 billion. Amazon founder and CEO Jeff Bezos is the richest …