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Whether it’s old-fashioned broadcast TV or streaming web movies, video entertainment is a global industry now. We lay out a few of the up-and-coming names in the space on today’s installment of Trading the Globe.
The new Russian economy is coming along by leaps and bounds and it looks like President Obama is doing everything he can to keep the entente thriving. We talk about the factors driving today’s Russian market in today’s Trading the Globe.
Rupert Murdoch might have sold off a big chunk of his Russia-heavy outdoor advertising business, but not because of either his own high-profile media difficulties or any weakness in the Russian ad environment.
As oil prices weaken, currency traders are fleeing the Russian ruble. And if history is any indicator, interest rates have peaked.
Yandex — which drives 65% of all Web search traffic in Russia — priced its IPO at $25 a share, up from the $20 to $22 range expected before LinkedIn made its triumphant market debut last week.
If you thought Baidu was a little expensive and Google was a little cheap, Russian search engine Yandex might hit the sweet spot.
Russia’s vast Alfa investment group is shopping around its 25.3% stake in CTC Media for $1 billion, which means 16% more than the current share price.
The ruble is one of the best-performing currencies of the year to date, up 7.75% since December 31 and up 10.4% over the last four months.
