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Samvel Karapetyan is in Bloomberg’s list of 500 richest billionaires

06.03.2017 18:15

Samvel Karapetyan is in Bloomberg’s list of 500 richest billionaires

YEREVAN, March 6. /ARKA/. A Russia-based businessman of Armenian origin Samvel Karapetyan, the founder and president of Tashir group of companies, is among Bloomberg’s top 500 world’s billionaires.

Samvel Karapetyan is ranked 394th with a fortune estimated at $4.36 billion. In 2016 he was the 28th richest businessman in Russia, according to Forbes and the 549th in the world.

The list is topped by Microsoft founder Bill Gates with a fortune of $85.6 billion. The top three also includes investor Warren Buffett with $78.9 billion and telecom magnate Carlos Slim with a fortune of $53 billion. The rating includes eight Russians. -0-

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Saudi Arabia is planning to create $2 trillion sovereign wealth fund

01.04.2016 21:58

Saudi Arabia is planning to create $2 trillion sovereign wealth fund

Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country’s reliance on oil and fundamentally change its economy, according to Bloomberg

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Bloomberg says Armenian dram is among currencies that may depreciate further

21.08.2015 16:14

Bloomberg says Armenian dram is among currencies that may depreciate further

Armenia’s national currency, the dram, was listed by Bloomberg as one of ten national currencies that may depreciate after China’s decision to weaken the yuan on Aug. 11

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Emerging-market stocks fell to lowest level since October 2011- Bloomberg

17.08.2015 19:43

Emerging-market stocks fell to lowest level since October 2011- Bloomberg

Emerging-market stocks fell to the lowest level since October 2011, extending last week’s losses, and currencies slid as investors speculated that capital outflows will accelerate, Interfax reported citing Bloomberg. It said Russia’s ruble tumbled with oil prices

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Europe stocks drop as Greek ‘No’ lifts bunds; China stocks climb - Bloomberg

06.07.2015 13:53

Europe stocks drop as Greek ‘No’ lifts bunds; China stocks climb - Bloomberg

European stocks dropped and the euro weakened as Greek voters’ rejection of austerity sent investors to the relative safety of Treasuries, German bunds and the yen, Bloomberg reports

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Saudi Arabia opens its stock market to foreigners

15.06.2015 14:08

Saudi Arabia opens its stock market to foreigners

Saudi Arabia is opening one of the world’s most-restricted stock markets to foreigners for the first time on Monday, Bloomberg reports

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European Central Bank leaves level of emergency cash available to Greek banks unchanged from a week ago

27.05.2015 17:52

European Central Bank leaves level of emergency cash available to Greek banks unchanged from a week ago

YEREVAN, May 27. / ARKA /. The European Central Bank left the level of emergency cash available to Greek banks unchanged from a week ago, Vestifinance.ru reported citing Bloomberg. The Governing Council left the cap on Emergency Liquidity Assistance at 80.2 billion euros ($87.6 billion). Greek lenders still have a liquidity buffer of about 3 […]

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ECB studying measures to restrict emergency funding for greek banks under its emergency liquidity assistance

21.04.2015 18:31

ECB studying measures to restrict emergency funding for greek banks under its emergency liquidity assistance

The European Central Bank (ECB) is studying measures to restrict emergency funding for Greek banks under its emergency liquidity assistance, known as the ELA, Bloomberg reported Tuesday

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Corporate bond sales worldwide poised to set annual record

03.12.2014 18:23

Corporate bond sales worldwide poised to set annual record

Corporate bond sales worldwide are poised to set an annual record as soon as this week as companies lock in borrowing costs that forecasters say are bound to rise, vestifinance.ru says citing Bloomberg

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Bank of Tokyo-Mitsubishi among Japan Banks cut by Moody’s - Bloomberg

02.12.2014 14:57

Bank of Tokyo-Mitsubishi among Japan Banks cut by Moody’s - Bloomberg

Mitsubishi UFJ Financial Group Inc. (8306) units were among five Japanese lenders downgraded by Moody’s Investors Service today after it cut the nation’s credit rating

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