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Apple donates $2.5 billion to fight California housing crisis

Apple donates $2.5 billion to fight California housing crisis

Apple, an American multinational technology company, has pledged to provide financial assistance to California's citizens. The corporation is going to invest in construction and housing, support low and middle class California's citizens as well as build shelter for the homeless.Apple will commit $2.5 billion to fight the California housing crisis.
14:44 2019-11-13 UTC+00
Ruble remains attractive for foreign investors

Ruble remains attractive for foreign investors

According to German experts, the ruble has strengthened significantly during this year despite the sanctions and has become one of the strongest currencies of developing countries. Moreover, Russian government bonds are considered a reliable investment tool among international investors.
06:24 2019-11-13 UTC+00
Apple reports record fourth quarter results

Apple reports record fourth quarter results

There are some companies which pay taxes, do not receive subsidies from the state, do not have any family ties with top government officials, do not claim compensation from the authorities at the expense of taxpayers, do not have access to unlimited natural resources, and their employees receive wages on time. Nevertheless, they make billions! The most successful of them is Apple.
13:48 2019-11-12 UTC+00
Successful partnership between Russia and Saudi Arabia brings worries to US

Successful partnership between Russia and Saudi Arabia brings worries to US

Russia’s growing cooperation with Saudi Arabia has come into focus of the US business. In the Middle East, Saudi Arabia has been the closest US ally so far, and not only in terms of the military partnership. Representatives of both countries have established strong business ties over the years, and Russia’s growing friendship with the kingdom may be seen as strategic competition against the US.
10:41 2019-11-12 UTC+00
Long-awaited trade deal could be around corner

Long-awaited trade deal could be around corner

Nowadays market sentiment is highly sensitive to the news on the trade talks between the two largest global economies. The US and China seem to be firmly on the path to the interim trade deal. The first phase deal could be signed earlier than the markets expect. Citing US President Donald Trump, both Washington and Beijing are interested in making the agreement as soon as possible.
10:29 2019-11-12 UTC+00
What are odds of another Fed rate cut this year?

What are odds of another Fed rate cut this year?

The US Federal Reserve has lowered interest rates again as expected. The consequences of such a decision were also predictable. Cuts in interest rates in any country tend to make its currency lose value against others. That is what happened to the US dollar. However, given a number of fundamental factors, the American currency could have been more resilient.
15:20 2019-11-11 UTC+00
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