Europe - Financial Like (Page 43)

Europe

Renault will transfer its stake in Avtoframos to NAMI, said Denis Manturov, head of the Ministry of Industry and Trade

A stake in Avtoframos plant in Moscow will be handed over to Moscow authorities. It will be a "deal for a ruble" with the option to buy back shares within 5-6 years, said Manturov. Manturov: If Moscow plant of Renault is transferred to Moscow it will not be

Europe

Gazprom does not confirm that gas supplies to Poland have already been suspended

Earlier, we quoted an ICIS analyst as saying that Polish operator PGNiG itself has stopped gas supplies. Poland is now obliged to pay for gas supplies to Russia under the new payment procedure.

Europe

Italy considers temporary nationalization of Lukoil's refinery in Sicily

Earlier, representatives of Russia said that nationalization of Russian companies would entail a mirror response.

Finance

Britain's shrinking real incomes are beginning to affect the purchasing power of much of the country

43% of those who pay their energy bills say they will face problems because of rising costs. The same proportion said they won't be able to make savings over the next year as a result of the jump in bills. Nearly a quarter of adults, 23%, said they

Manufactures

Since February, India buys 40 million barrels of oil from Russia vs. 16 million in 2021

As reported by representatives of the countries, the payment for oil is made in national currencies.

Finance

Tinkoff Bank's receipts fall by 8%, losing all of last year's growth

A new driver of the decline was the sale of shares of the bank's founder Oleg Tinkov of his stake in the bank. Tinkoff Bank's receipts are also negatively affected by the drop in consumer lending, one of the key parts of the bank's

Finance

Russia senselessly tries to fine Youtube

Court fines for YouTube video hosting on Roskomnadzor's suits for failure to remove prohibited information exceeds 7 billion rubles