The United Credit Bureau (UCB) has summed up the lending activity of citizens in June 2022 based on data from lenders submitting data to the Bureau.
In June 2022, the number and volume of new car loans increased by 26% compared to the previous month. In June of this year, 35.33 thousand car loans were issued for 43.58 billion rubles, in May — 28.01 thousand loans for 34.53 billion rubles. The average check on a car loan remained at the level of 1.2 million rubles.
In terms of issuance of loans, the top five included: Moscow — 3.09 thousand loans for 5.53 billion rubles., Moscow region. — 2.90 thousand loans for 4.53 billion rubles, St. Petersburg — 2.41 thousand loans for 3.57 billion rubles, Krasnodar Territory — 1.69 thousand loans for 2.18 billion rubles, Tatarstan — 1.81 thousand loans for 1.91 billion rubles.
In just 6 months of 2022, banks issued 208.41 thousand car loans for a total amount of just over 266.99 billion rubles. The total number of new auto loans decreased by 49% compared to the same period last year, and lending volumes — by 38%. For 6 months 2021, Russians took 411.25 thousand loans from banks for 429.56 billion
<<< July 27, 2022 Feed >>>
The EU trade unions demand to set the maximum allowable temperature in the workplace and adopt a corresponding law. Currently, the safe temperature for workers is established by law in only six countries: Belgium, Hungary, Latvia, Montenegro, Slovenia and Spain, the organization said in a statement.
According to the WHO, the optimum temperature for operation is between 16°C and 24°C. At temperatures above 30°C, the risk of accidents increases by 5-7%.
According to the Eurofound agency, 23% of people in the EU are currently exposed to high temperatures for almost a quarter of their working time. In the agricultural sector, this figure reaches 36%, in construction — 38%.
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McDonald’s Corp., the world’s largest chain of fast food restaurants, cut its net profit in the second quarter of 2022 by 1.9 times, writing off $1.2 billion in connection with the sale of the Russian business.
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The U.S. National Aeronautics and Space Administration (NASA) has not received official notification from the Russian Federation about its withdrawal from the International Space Station (ISS) project in 2024, said NASA ISS Program Director Robin Gateens.
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From July 27, Gazprom will reduce the flow of gas through the Nord Stream pipeline to 33 million cubic meters per day (20% of the design capacity) due to the shutdown of another turbine for scheduled repairs.
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The Cabinet of Ministers of the Russian Federation ordered to transfer to Zarubezhneft a 30% share of the Norwegian Equinor in the Kharyaginskoye field and a 20% share of the French Total — a document. Previously, these companies left Russia. After the transfer, Zarubezhneft’s share in the field will be 90%, and the Nenets Oil Company will retain another 10%.
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EU energy ministers have agreed to reduce gas consumption by 15% from August 2022 to March 2023. Such measures were proposed last week by the European Commission.
The draft agreement provides for voluntary steps to reduce gas consumption. In the event of a serious threat to the stability of supplies, the EU may declare an «Allied Alert», in which case the restriction of consumption will become mandatory.
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The Ministry of Justice of Russia has included the investigative publications Bellingcat and The Insider in the register of «undesirable organizations», as well as the Central and Eastern European Legal Initiative Institute (CEELI)
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The US became the top exporter of liquefied natural gas (LNG) in the first half of 2022. US LNG exports rose 12% to an average of 11.2 billion cubic feet per day (bcfd). About 71% of US LNG exports went to the European Union and the UK in the first five months of this year, according to the EIA.
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American billionaire Mark Zuckerberg and his wife Priscilla Chan have sold one of their San Francisco homes for $31 million. The deal was the most expensive on the housing market in the city this year. The couple bought the property in 2012 for just under $10 million.
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The Social Fund of Kyrgyzstan refused to raise the retirement age, Baktiyar Aliyev, chairman of the fund, said.
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In June 2022, sales of new homes in the United States fell by 8.1% compared to May and amounted to 590,000, which was the lowest since April 2020, the country’s Department of Commerce said.
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Major US automaker General Motors (GM) cut its net profit by 40% in the second quarter of 2022
The company’s net profit in April-June decreased to $1.692 billion, or $1.14 per share, compared with $2.836 billion, or $1.9 per share, a year earlier. Earnings before one-off factors were $1.14 per share, up from $1.97 in the same quarter of 2021.
Revenue rose to $35.759 billion compared to $34.167 billion in the same period last year.
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Greenpeace, an international environmental organization, has filed a lawsuit against the UK government over a permit to develop a new gas field in the North Sea, issued by Shell.
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The US Department of Energy announced the release of 20 million barrels of oil from strategic reserves (SPR) with fuel delivery from September 16 to October 21.
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French satellite operator Eutelsat is buying UK rival OneWeb, the companies said in a joint press release.
As part of the deal, which will take place in the form of an exchange of shares, OneWeb is valued at $3.4 billion. According to the results of the transaction, the shareholders of Eutelsat and OneWeb will each own 50% of the combined company. Eutelsat will retain its listing on the Euronext exchange in Paris and will apply for a listing on the London Stock Exchange (LSE).
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The world’s largest manufacturer of luxury goods LVMH Moet Hennessy Louis Vuitton SA increased its net profit and revenue in the first half of 2022
Net profit in the first half increased by 23% to 6.53 billion euros against 5.29 billion euros a year earlier. Profit from continuing operations increased by more than a third to 10.24 billion euros.
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The French Compagnie Generale des Etablissements Michelin, one of the world’s leading tire manufacturers, increased its revenue in the first half of 2022 by 18.7%, but its net profit decreased by 18%, follows from its report.
In January-June, Michelin’s revenue amounted to 13.29 billion euros against 11.19 billion euros a year earlier. Net profit decreased to 843 million euros from 1.03 billion euros a year earlier. The company’s operating profit from core activities increased in the first half to 1.53 billion euros from 1.42 billion euros.
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The first train with sanctioned goods, the transit of which was previously prohibited by Lithuania, arrived in the Kaliningrad region, Dmitry Lyskov, the governor’s press secretary, told Interfax.
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Severstal shipped the first batch of steel to India. The contract, according to preliminary information, is concluded in dirhams or yuans. In August and September, additional deliveries of Russian metal are expected in the country. India itself acts as an exporter of steel, and earlier Russian companies did not consider it as a promising direction.
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The Russian division of the Swiss construction group Holcim reported an attempted raider seizure of its assets. According to the company, unidentified persons submitted documents to the Federal Tax Service to change the composition of legal entities that are part of Holcim.
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Microsoft’s operating expenses due to the curtailment of work in Russia amounted to $126 million, according to the company’s annual financial report. This amount includes expenses for debts, impaired assets and payment of severance pay to employees.
Microsoft’s revenue for the second quarter of 2022 was $51.8 billion, up 12% year-over-year. Net profit showed growth by 2%, to $16.7 billion.
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Iran has signed an agreement on the export of parts and aircraft equipment to Russia. Mirakbar Razavi, a representative of the Civil Aviation Authority of the Islamic Republic (CAO), said this, Mehr news agency reports.
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Employees of Russian companies living abroad may be required to pay taxes in Russia. The Ministry of Finance of the Russian Federation proposes to enshrine the corresponding norm in the law. Now the income of employees of Russian firms working from abroad is not taxed in Russia.
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The international payment system Visa increased revenue in the third quarter to $7.3 billion, up 19% compared to the same period last year ($6.1 billion), the company said in a statement.
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Retailer Fix Price in the II quarter of 2022 increased revenue by 27% compared to the same period last year, to 69.2 billion rubles.
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Up to 95% of Tunisian citizens who participated in the referendum on the adoption of a new constitution with the expansion of the powers of the president approved the country’s new basic law, The Guardian reported on Wednesday, citing the Tunisian electoral commission.
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Germany, facing a labor shortage, is planning an immigration reform. Labor Minister Hubertus Heil and Interior Minister Nancy Faezer spoke about this.
According to the Ifo Economic Research Institute, in June, almost 40% of employers in the engineering industry experienced a shortage of workers.
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The Lithuanian authorities have banned Patriarch Kirill from entering the country. The Ministry of Internal Affairs of the Republic included him in the list of undesirable persons
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Belarusian students who plan to get higher education in the Czech Republic will have to pass «verification» from the diaspora in order to enroll in local universities.
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Otis, a manufacturer of elevators and lifting equipment, has announced the sale of its Russian business. The buyer was the Russian holding S8 Capital.
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In Russia, they were going to develop a 6G network, bypassing 5G. Skoltech and the Radio Research Institute have requested about 30 billion rubles for the project, and they plan to create a new communication standard by 2025. At the same time, the 5G standard in the Russian Federation did not work: the frequencies are occupied by Roscosmos and the Ministry of Defense.
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Sberbank raises the cost of notifications about banking transactions. From August 1, it will rise by 10 rubles and amount to 40 or 70 rubles per month, depending on the type of card, the bank’s press service reported.
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German luxury car maker Mercedes-Benz Group AG posted a 2.2% increase in net income from continuing operations and a 7% increase in revenue in the second quarter of 2022 on the back of strong consumer demand.
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Kraft Heinz Co., one of the world’s largest food manufacturers, returned to profitable levels in the second fiscal quarter of 2022. The company’s net income for the quarter ended June 25 was $265 million, or $0.21 per share, compared with a loss of $27 million, or $0.02 per share, for the comparable period last year.
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Stocks of precious metals in Russian banks at the beginning of May 2022 amounted to 33.3 tons in gold equivalent, at the beginning of June — 34.6 tons, according to the materials of the Bank of Russia.
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The American concern Boeing Co., one of the world’s largest manufacturers of aviation, space and military equipment, received revenue and an adjusted loss in the second quarter of 2022. The company’s net profit in April-June decreased to $160 million, or $0.32 per share, compared to $567 million, or $1 per share, a year earlier, the report said.
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The net loss of the Italian oilfield service Saipem SpA in the first half of 2022 amounted to 130 million euros against 779 million euros a year earlier, the company said in a report.
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American hotel chain Hilton Worldwide Holdings nearly tripled its net income in the second quarter of 2022. In April-June, the company reported net income of $368 million, or $1.32 per share, compared with $130 million, or $0.46 per share, in the same period last year, according to a company press release.
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French food and beverage manufacturer Danone SA posted higher-than-expected revenue growth in the first half of 2022 and raised its sales forecast for the full year as a whole.
The company’s revenue in January-June increased by 12.6% and amounted to 13.33 billion euros against 11.84 billion euros a year earlier, Danone said in a report. The company’s net profit fell to 737 million euros from 1.07 billion euros a year earlier. Profit from continuing operations increased year on year by 5.1% to 1.05 billion euros.
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