β¨ The Russian Ministry of Energy may propose that miners relocate to the northern regions of Russia, according to a report by TASS. The initiative aims to optimize energy consumption and enhance the mining industry's infrastructure in less populated areas. For more details, visit TAΠ‘Π‘.
π The Central Bank of Russia, during testing, sees a significantly higher potential demand for the digital ruble in cross-border payments and for legal entities, according to Nabiullina.
β οΈπͺπΊπ·πΊ The European Union is preparing its 18th sanctions package against Russia, aimed at encouraging the country to seek peace, according to EU Commissioner Kallas. The ongoing efforts reflect the EU's commitment to holding Russia accountable for its actions. For more information, visit here.
π A significant rally is anticipated in Russian stocks, according to experts. Investors are closely monitoring the market for potential opportunities as various factors may influence stock performance. The outlook suggests optimism despite ongoing challenges. For more details, visit Π°ΠΊΡΠΈΡΡ
Π Π€.
β οΈ The head of the Central Bank of Russia, Elvira Nabiullina, stated that there are currently no grounds for increasing the inflation target. This declaration comes amid ongoing discussions about the country's economic stability and inflationary pressures. For more details, visit here.
π On May 22, Novabev will host its Strategy Day. This event promises to be a pivotal opportunity for attendees to engage in strategic discussions and explore future initiatives. Don't miss out on this chance to contribute to the companyβs vision and growth. For more details, visit Novabev.
π¨ MTS Bank has announced that the dividends for 2024 will amount to 89.31 RUB per share. The annual general meeting is scheduled for June 27, with the cut-off date set for July 11.
π₯πΊπΈπ·πΊ After a conversation with President Putin, former President Trump informed EU leaders that the United States will not impose new sanctions against Russia, stating that the U.S. is focused on negotiations. This announcement comes amid ongoing discussions regarding diplomatic relations between the two nations. For more details, visit Axios.
π¨ The requirement for the mandatory sale of foreign currency earnings in Russia will be extended, with no changes to the regulations, according to a source from TASS.
π Home Depot has released its Q1 2026 earnings report, revealing an adjusted EPS of $3.56, slightly below the estimated $3.59. The company reported a net sales figure of $39.86 billion, surpassing expectations of $39.27 billion. US comparable sales increased by 0.2%, against a forecast of a 0.16% decline. However, overall comparable sales fell by 0.3%, slightly worse than the anticipated 0.2% drop. The company anticipates a fiscal year operating margin of about 13% and sales growth of approximately 2.8%.
π Global primary aluminum production reached 6.033 million metric tons in April, according to the International Aluminium Institute (IAI).
π’πΊπΈ U.S. shale oil production is expected to plateau by 2030 without technological breakthroughs, according to ConocoPhillips.
π¨ The European Central Bank's Knot has indicated that another interest rate cut in June cannot be ruled out.