Globaltrans Investment is a rail transportation company in the Russian Federation. Co. is engaged in providing a wide range of railroad freight transport and logistics services. Co. provides rail freight transport and logistics services, as well as certain ancillary services to industrial customers and medium-size corporate customers in Russia and to destinations within Russia and to Ukraine. Co.'s regional network encompasses 10 branch offices. Co. is a private participant in the transportation of scrap and ferrous metals and it has market positions in the transportation of construction materials and ores.
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Fed-speak pleases, Brent rises Ahead: Playing stimuli bets. The risk trade and Brent have taken enjoyed a lift, suggesting a bullish session. The US Fed as largely expected, despite the recent bad economic prints, opted to forego a rate cut. However, the Fed pleased with dovish language that telegraphed at least one cut may be appropriate soon, suggesting more than one before year-end, citing the risk of accelerated global economic softening amid escalating and protracted trade wars. Add to the upside sentiment the renewed hope that the US and China will back away from the brink and at least...
Trade wars, recession fears, lower Brent Week Ahead: Optimism fades. Trade war rhetoric has escalated, further fueling uncertainty and recession fears – China has recently threatened to blacklist US firms and cease exports of rare earth minerals, the USMCA is under threat after the US vowed to levy tariffs on Mexico, and Trump has advised the UK to exercise a hard Brexit. Also for digesting, China manufacturing PMI (Caixin) posted mixed at 50.2 v 50.0 cons-s, a modest beat, but output growth slipped, factory prices stalled and businesses were the least optimistic since 2012; also, PMIs for m...
STORIES> Rosneft reportedly to gain new tax benefits> Bank of St Petersburg 1Q19 IFRS results: A weak start to the year> Yandex: Draft taxi law - storm in a teacup> Base rate of return for RusHydro modernization projects may be 12.5%> Russian Railways proposes tariff increase for metallurgical cargoes
Rating Action: Moody's assigns A3 rating to the Confederated Tribes of Warm Springs Reservation's 2019 A& B Hydroelectric Revenue Refunding Bonds; outlook stable. Global Credit Research- 19 Jul 2019. New York, July 19, 2019-- Moody's Investors Service has assigned an A3 rating to the Confederated Tribes of Warm Springs Reservation of Oregon's forthcoming Hydroelectric Revenue Refunding Bonds, Series 2019 A, and Hydroelectric Revenue Refunding Bonds, Series 2019 B, of...
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