📈 Segesha reported an 8% year-on-year increase in revenue for Q1 2025, totaling 24.6 billion rubles. The company raised 113 billion rubles through a new share issue, aimed at reducing its debt burden by three times. This move is expected to stabilize the company's financial position, lower interest expenses, and restore free cash flow. The financial impact of this transaction will be reflected in the company's financial statements for the first half of 2025. For more details, see the report.
🚨🛢️🇷🇺 Oil prices for Urals brand have fallen below the $60 ceiling in Russian ports, according to RTRS.
🚗 Xiaomi has unveiled its new electric SUV, the YU7, priced lower than the Tesla Model Y. The announcement has generated significant interest, with over 200,000 pre-orders placed within just three minutes of its launch. This impressive demand highlights Xiaomi's growing presence in the electric vehicle market. For more details, visit here.
🛢️ The U.S. EIA reports a natural gas inventory increase of 96 BCF, surpassing expectations of 88 BCF and slightly up from last week's 95 BCF.
💥 A UAE-based fund has invested $100 million in former President Trump's crypto project, WLFI. The fund purchased tokens from the Trump family project, marking a significant investment in the cryptocurrency sector.
💼 The management of PAO "Diasoft" plans to propose to the board of directors a reduction of the dividend payout base to 50% of EBITDA. This was announced by CFO Dmitry Polenov during a meeting with investors and banking analysts.
🌟 Upexi, the well-known company, is set to tokenize shares on the Solana blockchain. In a strategic move, it has added 56,000 SOL to its holdings. This initiative marks a significant step in the integration of cryptocurrency and corporate shares, highlighting the growing influence of digital assets in traditional finance. For more details, visit the full article here.
🚀 Coinbase will launch perpetual crypto futures in the United States on July 21.
🥔 A potato crisis has emerged in Belarus, according to Politico. The situation has raised concerns among consumers and farmers alike, as the country grapples with issues affecting its potato supply. The implications of this crisis could impact food prices and availability in the region. For more details, visit Politico.