Global Company
Jim Beam and Macallan in Russia are also under threat, - Kommersant
* Beam Suntory (Jim Beam, Maker's Mark, Sauza) and Edrington (The Famous Grouse, The Macallan) have decided to sell their Maxxium Russia venture to local management.
Mandy Op.
Politics
China asks Western leaders to meet with Xi Jinping in November, Bloomberg
This meeting will follow a Communist Party of China meeting in the fall, at which Xi Jinping is likely to win support for a third five-year term. Wang, president of Beijing's Center for China and Globalization, said that a stable relationship between the countries would bring "net
Global Company
Sberbank and deposits of Russians are on the new EU sanctions list - Frank Media
The new EU sanctions package includes Sberbank, an embargo on gold from Russia, as well as additional restrictions on deposits by Russians, said Hungarian Foreign Minister Petr Szijjártó. He added that additional restrictions are imposed on public procurement and acceptance of deposits, as well as bans on other, mainly auditing,
Growth
"Planet of the Apes," or how the launch of the meta-universe by Otherside went
The long-awaited launch of the metaverse was attended by 4,500 users, and Otherdeed's NFT project sales exceeded $1 billion. The demonstration of the Otherside Metaverse project, connected with the Bored Ape Yacht Club of Yuga Labs, was successful. The project proved to be competitive, and the company
Politics
Unicredit Bank will increase fees for cross-border SWIFT-transfers from July 29 - Frank RG
The fee for cross-border transfers, including transfers through the SWIFT system, will be 3%: minimum - $60, maximum - $300. For transfers within the credit institution's system, a 2% commission will be charged, with a minimum of $60 and a maximum of $250.
Global Company
Hyundai has released a "copy" of the Tesla - Reuters
* Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.
Politics
Inflation in Argentina hits 30-year high - Bloomberg
Consumer prices in Argentina rose in June at the fastest pace in more than three decades. The deterioration was expected after the resignation of the economy minister this month. Prices rose 5.3% in June compared to May, slightly less than analysts' forecast of 5.4%. On an annualized
Downfall
The government exempted six machine-building companies from the excise tax on liquid steel
The Ministry of Finance is not yet ready to cancel the excise tax for the entire industry, despite the drop in steel output amid sanctions and a stronger ruble. However, experts believe that the profitability of steel companies remains relatively high even in the current environment.
Growth
Rating of countries, where in the past six months, wealthy Russians often bought real estate led Turkey
The second line in the ranking is the United Arab Emirates with a share of 17%, according to Forbes. The third most popular country was Thailand with a share of 16%. This destination is chosen by wealthy Russians who are interested not only in a residence permit, but also the
Politics
VK will let communities monetize live broadcasts, - RB
Users' viewing of advertisements before the live broadcast lasting up to 30 seconds will generate revenue for communities, the social network said. The new format will be available on the platform "VK Video" in broadcasts on the desktop and in the mobile version.
Politics
There is no need to vaccinate against smallpox now, - Rospotrebnadzor expert
The most important thing is to observe precautionary measures, said Natalia Pshenichnaya, Deputy Director for Clinical and Analytical Work of the Central Research Institute of Epidemiology of Rospotrebnadzor. There is a risk of importation of new cases of monkeypox in Russia, taking into account that this is the period of
Politics
Any restrictions on Russian oil prices should include refined products - IEA Executive Director Birol
The IEA is working on a plan to coordinate a response to critical supply disruptions. Birol hopes that the G7 plan to impose price caps on Russian oil will gain support from several countries.