๐จ๐ณ Alibaba announces the launch of its new open-source AI model "Qwen2.5-Omni-7B".
๐บ๐ธ OpenAI is nearing the completion of a $40 billion investment round led by SoftBank. The company could receive a valuation of $300 billion.
๐ฅ Russian pharmaceutical company, Ozon Pharmaceutics, has topped the list of the best pharma manufacturers in Russia for 2024. More details can be found in the rating by Forbes.
๐ Goldman has increased its year-end forecast for gold to $3,300 per ounce, citing higher-than-expected demand from global central banks and substantial inflows into gold ETFs. Further details can be found in the article here.
๐ท๐บ Coal production in Russia increased by 5.4% in January-February, according to Rosstat.
โด๏ธ Tether is purchasing a 30% stake in Italian media company Be Water according to recent reports. For more details, visit the article on Bloomberg.
๐ท๐บ Sergei Chemezov hinted at the possibility of some civilian enterprises of Rostec entering the IPO. For more details, visit the link.
๐ท๐บ The subcommittee on customs-tariff and non-tariff regulation, as well as protective measures in foreign trade, has supported the Russian Ministry of Agriculture's proposal to extend the quota on the export of mineral fertilizers from June 1 to November 30, 2025. More details can be found here.
๐ท๐บ Lukoil may raise up to 20 billion yuan from a subsidiary. Russian companies are increasingly obtaining yuan, with Rosneft holding bonds worth 65 billion yuan, Rusal issuing 650 million, and Gazprom preparing its debut release. โ ะช
๐บ๐ธ The Grok AI app is now available to all Android users in the United States.
๐ท๐บ SFI reports a net profit under IFRS of 22.88 billion rubles for 2024, compared to 19.3 billion rubles the previous year.
๐บ๐ธ Reuters reports that a specialist from the DOGE department, known by the nickname "Big Balls," was allegedly involved with cybercriminals.
โด๏ธ๐บ๐ธ The U.S. Senate voted to repeal a controversial rule implemented by the Biden administration. The rule required certain DeFi platforms to report user transactions and issue 1099 forms, raising concerns about privacy and excessive regulation. President Trump is expected to sign the repeal. For more details, visit here.
๐ท๐บ The press conference with Alexei Zabotkin, Deputy Chairman of the Bank of Russia, is scheduled for today at 1:00 PM Moscow time.
๐ฎ๐น Ariston returns to the Russian market, marking a significant business development between Italy and Russia.
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