🚗 Xiaomi's CEO announced that the new electric SUV, Xiaomi YU7, is set to hit the market in July.
⚠️🛢🇷🇺 At the G7 summit, Britain urged to lower the price cap on Russian oil to exert more pressure on Putin.
⚠️🇺🇦 Former President Donald Trump privately informed European leaders that Russian President Vladimir Putin is not prepared to end the conflict in Ukraine, as he believes he is winning. This insight raises concerns about the ongoing geopolitical tensions in the region. For more details, visit the WSJ.
🚨 The company "T-Technologies" has announced a dividend of 33 RUB per share for the first quarter of 2025. The general meeting is scheduled for June 27, and the cutoff date for dividend eligibility is July 17.
🚀 "T-Technologies" reported a 50% increase in net profit under IFRS for the first quarter, reaching 33.5 billion rubles. The company continues to forecast a net profit growth of at least 40% by 2025, with a return on equity (ROE) exceeding 30%. For more details, read the report.
🚨📈 TATN's general meeting successfully convened for the first time since 2022, achieving quorum on the first attempt, according to investment firm reports. The meeting will address dividend distributions today, with payouts set at 43.11 rubles per ordinary and preferred shares.
🚨 Germany's economy shows signs of contraction as the Composite PMI for May drops to 48.6, down from 50.1. The Manufacturing PMI slightly improved to 48.8, up from 48.4. However, the Services PMI fell to 47.2, down from 49, indicating a decline in service sector activity.
🚗 Delimobil reports its financial results for the first quarter of 2025 under Russian Accounting Standards (RAS), revealing a loss of 1.18 billion rubles, compared to a loss of 92.9 million rubles in the same period last year.
🛢️ Oil traders anticipate that OPEC+ will once again increase oil production in July, according to BBG.
🇺🇸 AT&T is set to acquire Lumen's mass-market fiber business for $5.75 billion. This significant move aims to enhance AT&T's broadband offerings and expand its fiber network capabilities. The deal reflects the growing demand for high-speed internet services across the United States. For more details, visit the Wall Street Journal's article on the acquisition here.
🚨 Ahead
The Eurozone will release its preliminary Manufacturing, Services, and Composite PMI for May at 11:00 AM Moscow time. Meanwhile, the United Kingdom is set to unveil its Manufacturing, Services, and Composite PMI for May at 11:30 AM Moscow time.
The Eurozone will release its preliminary Manufacturing, Services, and Composite PMI for May at 11:00 AM Moscow time. Meanwhile, the United Kingdom is set to unveil its Manufacturing, Services, and Composite PMI for May at 11:30 AM Moscow time.