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China's Huawei reports sales growth for the first time since 2020, the company is recovering from sanctions

China's Huawei reports sales growth for the first time since 2020, the company is recovering from sanctions

Revenue rose 1 percent to 170.6 billion yuan ($25.3 billion) in the second quarter, but net income fell 35 percent. The company attributed the decline to investments in the study of new technologies and the launch of new products. Half of the company's revenues were from

Disney showed good results in Q2

Disney showed good results in Q2

The company reported that the total number of Disney+ subscribers was 152.1 million, exceeding expectations of 148.4 million. Thus, Disney is ahead of Netflix in the number of streaming subscribers. The number of subscribers is one of Disney's key performance indicators. The growth of the indicator

The price of Russian Urals oil has fallen to the values of the beginning of the year - Kommersant

The price of Russian Urals oil has fallen to the values of the beginning of the year - Kommersant

Russian oil has consolidated below 4 thousand rubles per barrel. Since the beginning of the month oil has fallen in price by 17%, due to falling prices on the world market. If the ruble prices remain at the current level by the end of the year, the budget may turn

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

Indian companies swap dollars for Asian currencies to buy Russian coal - Reuters

India has increased imports of Russian coal, customs data for June show that payments made without the use of U.S. dollars have become commonplace. Thus, trade in Chinese yuan and Emirati dirham is becoming more and more popular.

Transneft is ready to resume oil supplies - the company

Transneft is ready to resume oil supplies - the company

The Slovaks have also paid for transit for Russia. The oil could reach Slovakia by Wednesday. But the Czech side is still silent, it is not known about the transit payment yet. Ukraine has confirmed that the money has arrived, but they have not yet reported on the resumption of

Digital advertising generates $600 billion a year in revenue for companies, Laura Martin of NeedhamGroup

Digital advertising generates $600 billion a year in revenue for companies, Laura Martin of NeedhamGroup

According to Martin, the margin of the digital advertising business is 70%. Recently it became known that Apple is seriously planning to develop this direction. If the investment of the largest company by capitalization pays off, its business will become even more sustainable.

The number of Russians who have microloans increased by 2.2 million by the end of the second quarter compared with the beginning of the year

The number of Russians who have microloans increased by 2.2 million by the end of the second quarter compared with the beginning of the year

A total of 16.4 million Russians had active payday and longer-term loans. At the same time the amount of debt in April-June decreased by 2.2%, to 247.3 billion rubles, follows from the data of the largest union in the market.

The ruling ANC party in South Africa has close business ties with Russia.

The ruling ANC party in South Africa has close business ties with Russia.

Billionaire Viktor Vekselberg is the ANC's largest donor according to recently disclosed information, and Chancellor House, the ANC's investment company, owns a stake in a manganese mine in South Africa owned by Vekselberg.

Mass riots over rising prices begin in South Africa - RBC

Mass riots over rising prices begin in South Africa - RBC

Residents are dissatisfied with rising energy prices and falling standards of living. Local residents barricaded the roads with burning tires and set fire to a municipal building. There were fatalities and injuries.

Estée Lauder is in talks to buy Tom Ford - WSJ

Estée Lauder is in talks to buy Tom Ford - WSJ

The amount of transaction may exceed $ 3 billion and become the largest purchase in the history of the company, but the brand is claimed by other buyers: not the fact that the deal will be a success. The current market value of Estée Lauder is estimated at $97.6 billion.