⚠️🇷🇺 Three-quarters of major industrial companies have reported a decline in their financial health. In contrast, Gazprom saw a 7% increase in net profit for 2025, reaching 1.3 trillion rubles, while the chemical holding SIBUR reported a 5% rise to 205 billion rubles. — Vedomosti
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🇷🇺 Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs (RSPP), discusses key economic issues in a recent interview. He emphasizes the importance of not missing critical turning points for the nation's business landscape. For more insights, read the full interview in Vedomosti.
📈 CISCO reported a third-quarter adjusted EPS of $1.06, surpassing estimates of $1.04. Looking ahead, the company anticipates a fourth-quarter adjusted EPS between $1.16 and $1.18, exceeding the estimate of $1.07. For the fiscal year, CISCO expects adjusted EPS to range from $1.16 to $1.18, up from a previous forecast of $4.13 to $4.17. Additionally, the company is raising its expected fiscal year 2026 orders to $9 billion, an increase from the prior $5 billion.
⚠️🇨🇳🇺🇸 In a recent address to Donald Trump, Chinese President Xi Jinping expressed hope that the United States and China can avoid conflict and overcome the "Thucydides Trap," a scenario where a rising power threatens to displace an established power, often leading to war.
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🚨 The United Kingdom's GDP for the first quarter of 2026 has been preliminarily reported, showing a quarterly increase of 0.6%, matching expectations and up from a previous 0.2%. Year-on-year, GDP growth stands at 1.1%, surpassing the expected 0.8% and slightly up from a prior figure of 1%.
🌟 Foxconn has reported an 18.5% increase in profits for Q1, surpassing forecasts due to strong demand driven by artificial intelligence. The company's performance reflects a growing trend in the tech sector as AI continues to influence consumer and business needs. For more details, visit mt в max.
🇷🇺 The annual meeting of the New Development Bank will be held in Russia for the first time in 19 years. Scheduled for May 14-15, 2026, the 11th Annual Meeting of the Board of Governors will take place in Moscow. This significant event will gather senior officials from the finance ministries of over ten countries. For more information, visit here. Additional details can be found on mt in max.