Finance world news

Global Company

Kazakhstan will change the name of the oil brand due to sanctions against Russia, - Reuters

Photo by David Thielen / Unsplash

Kazakh producers decided to rename the oil to "separate" from Russian Urals. As the reasons, the interlocutors of Reuters named the unwillingness to impose sanctions and the desire to facilitate sales.

Since June 2022, the following grade name has been applied - KEBCO - Kazakhstan Export Blend Crude Oil.

Read next

Hyundai has released a "copy" of the Tesla - Reuters

Hyundai has released a "copy" of the Tesla - Reuters

Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.

Bank of America has no plans to offer crypto services

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency

What will be next?

What will be next?

Bitcoin for the second day in a row does not observe the correlation with the Nasdaq index, and even act as a leading indicator for the subsequent stock price movement. Or they just decided to shave $232 million off the bears 😇 Overall, the crypto market remains in a state of