Most of all, cars rose in price in February and March, the press service of Otkritie Bank reported. Prices went up in the first quarter:
Volkswagen Polo — from 1.03 million to 1.5 million rubles. (+49.3%);
Skoda Octavia — from 1.7 million rubles. up to 2.5 million rubles (+45.1%);
Skoda Rapid — from 1.03 million rubles. up to 1.5 million rubles (+44.3%);
Hyundai Solaris — from 1 million rubles. up to 1.4 million rubles (+44.3%);
Kia Sorento — from 2.9 million rubles. up to 4.08 million rubles. (+42.4%).
Prices increased the most during the year:
Kia Sorento — from 2.3 million rubles. up to 4.08 million rubles. (+75.3%);
Skoda Octavia — from 1.5 million rubles. up to 2.5 million rubles (+69.3%);
Volkswagen Polo — from 959 thousand to 1.5 million rubles. (+60.4%);
Lada Granta — from 506 thousand rubles. up to 808 thousand rubles. (+ 59.5%);
BMW 5 — from 3.7 million rubles. up to 5.9 million rubles (+57.8%).
<<< April 29, 2022 Feed >>>
Export of South Korean cars to Russia in the first quarter of 2022 fell by almost 40% — data from the customs service of the Republic of Korea.
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South Korean automaker Hyundai Motor has denied reports that the company and its subsidiary Kia continue to assemble vehicles in Russia, Yonhap reported.
“Our plant in Russia has suspended its work, and there is no decision on whether it will resume it,” the corporation said in a statement.
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Gazprom’s net profit under IFRS (International Financial Reporting Standards) for 2021 reached a record 2.093 trillion rubles, according to the company’s report. In 2020, the same indicator amounted to 135.3 billion rubles. Gazprom’s net debt under IFRS decreased by 26% to RUB 2.87 trillion.
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The European Union, the United States and 55 other countries presented the Declaration of the Future of the Internet. It aims to promote the freedom, openness, reliability and security of the Internet. The signatories commit to «promote a free, open, global, interoperable, reliable and secure» Internet for the world.
Among the principles spelled out in the document are the protection of human rights and freedoms, the promotion of a global Internet with a free flow of information, the development of inclusive and accessible communications, the promotion of trust in the global digital ecosystem, including through the protection of privacy and combating cybercrime, the strengthening of a multilateral approach to Internet governance.
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In the first quarter of 2022, the US economy shrank by 1.4% year-on-year, preliminary data from the US Department of Commerce showed.
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The American MasterCard Inc., one of the largest payment systems in the world, increased its net profit by 44% in the first quarter.
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Total has announced its withdrawal from the Arctic LNG 2 project jointly with NOVATEK. The company explained this decision by the EU sanctions imposed on April 8
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The Russian Foreign Ministry has published a list of 592 Canadian citizens who are denied entry to Russia.
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Interros announced the purchase of a 35% stake in TCS Group (its main asset is Tinkoff Bank) from the family of Oleg Tinkov. The Central Bank approved the deal, the company said in a statement. Interros did not disclose the details of the deal.
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Businessman, founder of TCS Group (owns Tinkoff Bank, Tinkoff Insurance and other assets) Oleg Tinkov, after selling his stake in the group, announced that he was retiring
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Bulgaria will facilitate the export of Ukrainian electricity and proposes to use the port of Varna as a logistics hub for transshipment of Ukrainian flour and sunflower seeds, Bulgarian Prime Minister Kiril Petkov said.
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Germany is ready to support the EU initiative to impose an embargo on oil imports from Russia, writes The Wall Street Journal, citing German officials.
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Shareholders of Activision Blizzard Inc., one of the world’s largest video game developers, have approved Microsoft’s bid.
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British Virgin Islands Prime Minister Alturo Fahy and Caribbean Territory Ports Director Oleanwyn Maynard were detained in the US state of Florida on Thursday on charges of drug smuggling, the Associated Press reported.
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Former Minister of Economic Development of Russia Alexei Ulyukaev, convicted in 2017 for taking a bribe on an especially large scale, will be released. After serving five of eight years, 66-year-old Ulyukaev received parole — his request was granted by a court in Tver, Interfax reports, citing an informed source.
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McDonald’s profit fell 28% from $1.54 billion ($2.05 per share) in the first quarter of 2021 to $1.1 billion ($1.48 per share) in the same period this year. At the same time, the revenue of the fast food restaurant chain grew in the first quarter by 11.8%, to $5.67 billion.
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Huawei Technologies announced that the company’s profitability in the first quarter of the year was 4.3%. A year earlier, this figure reached 11.1%. And the net profit of the Chinese manufacturer decreased by 67% year on year — from $2.58 billion to $855 million.
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Revenue of Samsung Electronics according to the results of the first quarter grew by 19% year on year and reached record $61.3 billion.
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Revenue of «Yandex» for a quarter for the first time exceeded 100 billion rubles, a loss — 8.1 billion rubles
Revenue for the first quarter amounted to 106 billion rubles, which is 45% more than in the same period last year
The direction of «Search and Portal», which includes advertising, in the first quarter gained 43.8 billion rubles
The share of non-advertising revenue exceeded 60% and amounted to 64.4 billion rubles; The share of «Yandex» in the Russian search market is 61%
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Bulgarian prosecutor’s office to pay record compensation to illegally accused businessman. The decision on compensation in the amount of 1 million leva (500 thousand euros) was issued by the Sofia City Court, according to the portal dir.bg. This is the largest amount of compensation in the history of Bulgarian justice under the law on state responsibility for unfounded accusations.
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Western Union’s expenses amounted to $11 million, according to the company’s financial statements for the first quarter of 2022.
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Roskomnadzor (RKN), at the request of the Prosecutor General’s Office, blocked access to the online encyclopedia of world art WikiArt.org in Russia, follows from the agency’s data.
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MSCI will exclude shares and depositary receipts of 19 Russian companies from the MSCI Russia Investable Market Indexes (IMI), the index provider says
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The mayor’s office of the Finnish city of Turku decided to dismantle the monument to Vladimir Lenin located in the historical center of the city
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The world’s largest online retailer Amazon.com Inc. recorded a net loss in the first quarter of 2022 for the first time in seven years due to increased costs amid inflationary pressures. The company is expected to take cost-cutting measures.
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The International University Sports Federation (FISU) has decided to postpone the Universiade 2023 in Yekaterinburg.
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President of Kazakhstan, Chairman of the Assembly of the People of Kazakhstan (ANK) Kassym-Jomart Tokayev proposed holding a referendum on amendments to the Constitution, expressing the opinion that this would strengthen the country’s course towards democratization.
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At the Lomonosov deposit in the Arkhangelsk region, a diamond weighing 92.34 carats was mined, which is a joint of near-jewellery quality, the press service of the Severalmaz company reported on Friday.
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Georgian producer of mineral water «Borjomi» — the company IDS Borjomi Georgia — announced the suspension of work due to sanctions, the Georgian «Channel One» reported on Friday.
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German chemical industrial company Henkel is ending operations in Belarus, according to its sales report for the first quarter of 2022.
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The Russian automobile plant Haval (a brand of the Chinese company Great Wall Motor) in the Tula region suspends production from April 30 to May 15, Interfax was told at Haval Motor Rus LLC.
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The Board of Directors of the Bank of Russia on Friday decided to cut the key rate by 300 basis points to 14% per annum, the CBR said in a statement.
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Mechel has decided to temporarily not publish operating and financial results for the first quarter of 2022, the company said.
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The authorities of Sochi are refusing the international certification of the beaches of the «Blue Flags» system and are switching to the standards of the Federal Tourism Agency.
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The Board of Directors of Ingosstrakh recommended the annual meeting of shareholders to leave the net profit for 2021 at the disposal of the company, not to pay dividends for 2021, the insurer said in a statement.
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AvtoVAZ will go on a planned corporate vacation from May 4 to May 6 and, taking into account the May holidays, will resume production activities on May 11
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Russian ships will not be able to enter the ports of Norway, and the country will also close the border for trucks from the Russian Federation, European media reported on Friday, citing the Norwegian Foreign Ministry.
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Some 8,000 British soldiers will travel to Eastern Europe for exercises this summer, Sky News reports. Troops will be deployed in a wide theater from Finland and the Baltic countries to North Macedonia. Dozens of tanks and more than 100 armored vehicles will be with them. In addition to the British, tens of thousands of military personnel from NATO countries will take part in these exercises.
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Bloomberg: Binance has blocked the accounts of relatives of a number of Russian officials.
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Apple’s second-quarter net income rose 9% to a record $97.27 billion. In the first half of the 2021-2022 fiscal year, the company increased its net income by 14% to $59.64 billion.
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Russian Foreign Ministry: Russia has taken retaliatory measures against anti-Russian sanctions. In particular, they include a ban on the entry of several representatives of Iceland, Norway, Greenland and the Faroe Islands.
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The Russian Ministry of Justice for the first time excluded people from the register of foreign agents. This is Golos member Arkady Lyubarev and Samara human rights activist Lyudmila Kuzmina
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Slovakia will not deport Russians with an expired passport and residence permit. This is reported by the initiators of the Nansen Passport 2.0 project. They managed to agree with the local migration authorities that the validity of the residence permit of the Russians would be extended until the end of the critical situation. Also, in Slovakia, until the end of the critical situation, it will be possible to stay for those who have an expired Russian passport.
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Several statements by Elvira Nabiullina after the key rate cut:
There can be no question of any default of the Russian Federation. The lowest point of the recession of the Russian economy will be in 2022 in the fourth quarter.
Annual inflation in Russia for the next 12 months will be in the range of 10-12%.
Pegging the ruble to gold is not discussed.
It is hardly possible to remove restrictions on the purchase of cash currency by the population ahead of schedule.
The Central Bank supported the decision to consolidate RNKB, Otkritie and VTB.
Some investment projects in the Russian economy have lost their relevance, in the current conditions they will not be completed, and it takes time to prepare new ones.
The Central Bank is studying the possibility of allowing non-residents to invest in the Russian market.
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The Swedish government is allocating $163 million to strengthen military infrastructure on the strategic island of Gotland in the Baltic Sea, Deputy Finance Minister Max Elger told reporters.
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British law firm Clifford Chance will stop working in Russia from May 31. Its clients, with their consent, may be transferred to a new law firm during May, which will be headed by Victoria Bortkevicha, now a managing partner of the Moscow office of Clifford Chance, the firm said.
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Italian oil and gas group Eni denied rumors about its plans to pay for gas in rubles
“We will pay for the supplied gas in strict accordance with the contractual terms and international sanctions. The currency of the contract and the invoice will be in euros, but we did not open an account in rubles,” said Eni CFO Francesco Gattei
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Pushkin’s 1829 volume was stolen from the main library of Latvia. Its cost is estimated at 10-12 thousand euros, TVNet reports.
In addition, two more rare books were stolen: «Vozropschem» of 1913 and «Victory over the Sun» by the poet Alexei Kruchenykh, the Latvian state police said in a statement.
Law enforcement officers asked residents to report the whereabouts of the stolen books, and also published a photo of a man who may be involved in this abduction.
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American engineers from the University of California at Santa Barbara have designed a robot that can jump to a height of more than 30 meters — while he himself reaches only 30 centimeters in height.
The team developing the jumper relied on resiliency. In such a jumping system, a part called the actuator moves and stores energy in a spring, which is released by a latch to launch the object into the air.
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