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 …
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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 …
Russia’s oil output rises to 10.95 mln bbl
Russia's average daily production reached the level of 10.95 million barrels per day (an increase of 0.6%) in July 2017, according to the Central Dispatching Department of Fuel Energy Complex's research data. According to …
US State Department to cut workforce by 9% - Bloomberg
US State Department plans to cut 2300 US diplomats and civil servants - about 9% of the Americans in its workforce worldwide - as Secretary of State Rex Tillerson presses ahead with his task of slashing the agency’s budget, …
Armenian PM to Bloomberg about country's future
Armenia’s prime minister Karen Karapetyan told Bloomberg in an interview about his plans to develop the economy, fight corruption and ensure competition in the country. “We’re proposing the most rapid …
Putin among Bloomberg’s 50 Most Influential
Russian President Vladimir Putin has been rated 30th on the list of Bloomberg’s 50 Most Influential in financial markets. Bloomberg notes that despite he’s isolated, and the Russian economy has …
Russia captures world grain market, Bloomberg reports
Russia has become a world leader in grain exports, this conclusion made by the analysts of Bloomberg financial publication after learning the data of the US Department of Agriculture. It turned out that Russia moves America into second …
Turkey's Economy Could Slump In Aftermath Of Failed Coup
Clampdowns on opposition voices will not deliver the stability which politicians promise. Instead, economic prospects are dimming in line with the democratic hopes
Bloomberg announces optimal oil price for start of reforms in Russia
Structural reforms in the Russian economy will be able to take place at a price of $ 40 per barrel, the experts surveyed by Bloomberg share this opinion. According to them, now this price is optimal for Russia. …
Putin reported about 30 million people of shadow workforce
Uncounted by statisticians and invisible to tax collectors, about 30 million people plies its trade in the nooks and crannies of what’s become known as the “garage economy.” There, professions such as mechanics, builders, …
