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12:52 01/11/2022Armenia's Central Bank raises refinancing rate by 0.5ppAt its meeting on Tuesday, the Board of the Central Bank of Armenia decided to raise the refinancing rate by 0.5 percentage point to 10.5%.
13:16 31/10/2022European officials concerned by spike in home appliance exports to Armenia, KazakhstanA sudden and surprising spike in European exports of washing machines, refrigerators and even electric breast pumps to Russia’s neighbors is raising concerns among officials the trade boom may be...
15:28 29/10/2022McDonald's stock hit all time high on FridayMcDonald’s stock hit an all time high Friday as Wall Street cheered the company’s third quarter results, CNN Business reported.
14:06 29/10/2022Expert: Downturn in agriculture continues in ArmeniaThe downturn in agriculture, a key sector for Armenia, continues in the country. According to the latest data from the Armenian Statistical Committee, agricultural output dropped by 0.7% in...
15:58 28/10/2022ACBA: Modern agriculture impossible without innovationThe Festival of Rural Life and Traditions has been held in Armenia for the ninth time. This year, the ACBA Federation is one of the sponsors of the festival, the press service of the ACBA Bank...
11:15 28/10/2022Elon Musk completes $44bn Twitter takeoverTesla CEO Elon Musk is now in charge of Twitter, CNBC has learned. Twitter CEO Parag Agrawal and finance chief Ned Segal have left the company’s San Francisco headquarters and will not be returning,...
14:30 26/10/2022YSU biologists make organic fertilizer from coffee wasteA group of 5 biologists from Yerevan State University have founded MiCoFe Startup and started recycling various types of organic waste.
13:00 25/10/2022Soaring cost-of-living crisis brings back 1970s shopping habits in EuropeNearly three-quarters of European consumers are cutting back spending on everyday items, including food, to make ends meet amid a worsening cost-of-living crisis, Bloomberg reports.
11:30 25/10/2022UK economy falls into recession, survey showsUK economic activity contracted at its fastest pace in almost two years in October, suggesting the country has fallen into a recession during a period of political uncertainty and high energy and...
17:00 22/10/2022Physical inactivity costs global economy $27 billion a year, UN saysAlmost 500 million people will develop heart disease, obesity, diabetes or other noncommunicable diseases (NCDs) attributable to physical inactivity, between 2020 and 2030, if governments worldwide...
16:16 22/10/2022Armenia's wine production falls in eight monthsArmenia’s wine production declined in the first eight months of this year, according to the latest figures from the Statistical Committee.
13:36 21/10/2022Pashinyan: Armenia's trade turnover with EAEU countries grew 74%Armenia's trade turnover with the Eurasian Economic Union (EAEU) member states reached $2.8 billion in January-August this year, an increase of 74% from the same period last year, Armenian Prime...
13:05 20/10/2022Macron postpones meeting with Scholz amid ‘fury’ over Germany’s energy policyEmmanuel Macron postponed a meeting with Olaf Scholz amid signs of growing splits between France and Germany over energy and defence, The Telegraph reported.
15:36 19/10/2022Yerevan to host Eurasian Intergovernmental Council sessionA regular session of the Eurasian Intergovernmental Council will be held in Yerevan on October 20-21, the Armenian government’s press office reported.
14:36 19/10/2022Armenian economy minister defends cash-for-citizenship billArmenian Minister of Economy Vahan Kerobyan on Wednesday defended a police-drafted bill that would allow foreigners investing at least $150,000 in Armenia’s economy to gain Armenian citizenship.
14:36 18/10/2022Microsoft cuts nearly 1,000 jobsMicrosoft announced layoffs across multiple divisions on Monday, Axios has confirmed. The move is yet another example of large tech companies cutting jobs after earlier moving to slow or freeze...
15:10 17/10/2022Germany may shut down hospitals amid energy crisisA substantial number of hospitals in Germany may face closures amid rising energy costs and hiking inflation, Sputnik reported, citing German Health Minister Karl Lauterbach, "The hospitals are in a...
13:13 17/10/2022Armenia's biggest taxpayers revealedThe State Revenue Committee (SRC) has named Armenia’s 1,000 largest corporate taxpayers in January-September 2022.
16:21 15/10/2022Russia’s oil-export revenues shrink in SeptemberRussia’s revenues from oil exports shrank to $15.3 billion in September, the lowest so far this year, amid falling crude exports and prices, Bloomberg reported on Friday, citing International Energy...
17:10 13/10/2022Converse Bank offers new mortgage loan at annual interest rate starting from 0%Converse Bank has expanded the list of mortgage loans by starting the financing of energy efficient renovations within the scope of the government support program.