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Mandy Op.

Mandy Op.

Phosagro shares up 3% after strong earnings

Phosagro shares up 3% after strong earnings

Phosagro has also recommended a dividend for the first quarter with a yield of 9%. And then another intrigue unfolds: in July the company refused to pay the recommended dividends for 2021. Will the company pay now? The future of the company's quotes will largely depend on the state of

There are less and less cheap phones in Russia - shipments of smartphones priced under 10 thousand rubles fell in the first half of the year by 56% - GS Group

There are less and less cheap phones in Russia - shipments of smartphones priced under 10 thousand rubles fell in the first half of the year by 56% - GS Group

Shipments of mid-range phones decreased only by 24%. GS Group analysts believe that the supply of cheap smartphones decreased due to the departure from the Russian market of Samsung, which accounted for one-third of deliveries. In addition, Xiaomi and Realme reduced shipments by half. The chip crisis has also increased

1 billion rubles will be allocated for development of domestic equipment for gas liquefaction, - Mishustin

1 billion rubles will be allocated for development of domestic equipment for gas liquefaction, - Mishustin

The funds will enable the launch and partial financing of four LNG projects for medium- and large-tonnage production. With declining pipeline gas supplies, LNG development is becoming critical to the Russian economy.

China's terrible heat wave: Reservoirs dry up in the southwest

China's terrible heat wave: Reservoirs dry up in the southwest

Due to a record drought in China, hydroelectric power plants are closing. Companies in Sichuan province, manufacturers of solar panels, cement and urea, have closed or cut production after they were ordered to limit power for up to five days. On Wednesday, Hubei province in central China became the latest

The Labor Ministry proposed to postpone changes in the calculation of funded pensions until 2025 - Vedomosti

The Labor Ministry proposed to postpone changes in the calculation of funded pensions until 2025 - Vedomosti

The amount of the monthly funded pension depends on the calculation period of payments. It was expected that the transition proposed by the Ministry of Labor to the calculation based on Rosstat data would begin in 2023. If the plans had been implemented on time, the expected period of payment

A sharp drop in sales of new buildings in Moscow and Moscow region makes developers to offer big discounts to buyers

A sharp drop in sales of new buildings in Moscow and Moscow region makes developers to offer big discounts to buyers

Lots appeared at the market with a discount of up to 25%, and over the year the average size of discounts increased by 2.5 times. This trend, according to analysts, may lead to lower prices for apartments in new buildings, which developers are still afraid to do massively.

Rising prices of imported veterinary drugs threaten to reduce meat production in Russia - Kommersant

Rising prices of imported veterinary drugs threaten to reduce meat production in Russia - Kommersant

The Ministry plans to grant agribusinesses preferential loans for the purchase of veterinary pharmaceutical products, provided that they are 50% Russian. Industry associations argue that the measure can only lead to a new spike in the price of drugs and vaccines.

Gas in Europe remains at record highs: dried-up rivers drive gas demand

Gas in Europe remains at record highs: dried-up rivers drive gas demand

The gas situation in Europe is getting worse by the day. In Europe, the Rhine, the main shipping artery, has shrunk to a record. The Rhine used to carry coal and oil for refining. Since the shoaling, the process has become much more difficult. So the demand for Russian gas

Oil starts the new week with a strong drop - WTI dropped by 4%

Oil starts the new week with a strong drop - WTI dropped by 4%

The reason: bad macro data on China. The Middle Kingdom failed to meet analysts' expectations. And today Bloomberg analysts also raised the probability of a recession in the EU to 60%. So it's more likely to happen than not. Earlier the probability was 40%. All this negatively affects the demand

Biden will run for a second term, Bloomberg

Biden will run for a second term, Bloomberg

U.S. President Joe Biden may announce his candidacy for a second term in late 2022 or early 2023, a few months after the November congressional elections. Trump, by the way, is also planning to take part in the election. However, Ron Desantis is likely to be nominated for president