π₯π·πΊπΊπΈ VSMPO-AVISMA is expanding its titanium production capacity to meet the increasing demands of Boeing, according to a report. This move comes as the aerospace industry continues to grow, highlighting the importance of titanium in manufacturing. For more details, visit 24CR.
π΅ Experts say the Russian currency is showing signs of recovery. Analysts report that the recent fluctuations indicate a potential stabilization in the market. This development comes amid various economic pressures and geopolitical factors that have influenced the ruble's performance. As the situation evolves, market watchers will be closely monitoring these trends for further insights into the currency's trajectory.
β οΈ The 17th package of EU sanctions against Russia includes 17 individuals and 58 legal entities, among them "Surgutneftegas", according to the Estonian Foreign Ministry, as reported by TASS.
π South Africa plans to offer Elon Musk a deal regarding Starlink ahead of his meeting with Donald Trump, according to Bloomberg. The U.S. is reportedly using tariffs to pressure countries into approving the deployment of Starlink within their borders, as reported by the Washington Post. For more details, visit the full articles at BBG and WaPo.
π·πΊ On June 24, Mosenergo will hold a State Shareholder Meeting (ΠΠΠ‘Π) to discuss dividends for 2024. For more information, visit Mosenergo's official site.
π¨ The implementation of the 17th sanctions package by the EU against Russia will depend on the progress of negotiations regarding Ukraine, according to the European Commission. The situation remains fluid as diplomatic discussions continue to unfold. For more details, visit this link.
β οΈπͺπΊπ·πΊ The CEO of KAMAZ, Sergey Kogogin, has been added to the EU sanctions list.
π₯ Stocks of Surgutneftegas are rising following news of the company's inclusion in the EU sanctions list, according to monitoring reports.
π₯ Experts predict that with several more sanctions packages, the IMOEX index in Russia could drop to the 5000 mark.
π¨ Chinaβs Central Bank has reaffirmed its commitment to maintaining a loose monetary policy. The announcement comes as part of ongoing efforts to stimulate economic growth amid various challenges facing the country.
π¨π³ The People's Bank of China has reiterated its commitment to promote the cross-border use of the yuan. Earlier reports indicated that China aims to accelerate the internationalization of the yuan amidst rising tensions in global trade.
π¨ Russia's Surgutneftegas has announced its dividends for 2024. Preferred shares will yield 8.5 RUB, while ordinary shares will provide 0.9 RUB. The government assembly is scheduled for June 27, with the ex-dividend date set for July 17. For more details, visit the full article here.
π·πΊ The sale of ALROSA's stake in the Angolan project "Catoca" is set to be finalized by June 30, according to the Deputy Head of the Russian Finance Ministry, as reported by TASS.
π·πΊ The IPO of "ΠΠΠ.Π Π€" is anticipated in November 2025. The sale of shares is expected to amount to 5%, according to Moiseev.
π·πΊ SIBUR is waiting for the optimal moment to conduct an IPO, according to the company's head.
π Renowned investors, including George Soros, are cashing in on profits from Chinese tech stocks, driven by the DeepSeek boom. This surge has attracted significant attention from the market, prompting major players to secure their gains. For further details, read the full story on Nikkei.
π¨ Ahead
Canada will release its Consumer Price Index (CPI) data for April today at 15:30 Moscow time.
Canada will release its Consumer Price Index (CPI) data for April today at 15:30 Moscow time.