A Tencent investor cut his stake. That’s not bad for China’s internet recovery.

textual content dimension Web conglomerate Prosus and its mum or dad firm Naspers have reduce their stake in Tencent and bought JD.com shares. Gilles Sabrie/Bloomberg When a big shareholder begins to promote, it’s normally a flag. web conglomerate Prose and its mum or dad firm nappers Monday’s determination to cut back its stake within the … Read more

Russian ruble is at its highest level in 7 years despite sanctions

The Russian one ruble coin and the Russian flag displayed on a display screen are seen on this a number of publicity photograph illustration taken in Krakow, Poland, on March 8, 2022. Jakub Porzycki | Nurfoto | pretend photographs The Russian ruble hit 52.3 per greenback on Wednesday, up about 1.3% from a day earlier … Read more