🇷🇺 VTB has not made any decisions regarding support for Wildberries, and the situation is under the control of the Cabinet, according to Peskov.
📈 UPS has reported its second-quarter adjusted earnings per share (EPS) at $1.76, exceeding estimates of $1.67. The company also announced revenues of $22.8 billion, surpassing expectations of $21.84 billion.
🚀 Incab Holding has announced the establishment of LLC "Incab Investments" and changes in its shareholding structure. The new entity will manage the share package of the majority shareholder of PJSC "Incab Holding," facilitating reinvestment of received dividends and implementing a motivational program for top management and M&A transactions without the need for additional issuances, utilizing existing shares. Additionally, part of the share package will be transferred to LLC "Incab" to settle accounts receivable.
🚨 OPEC+ anticipates that oil production levels will remain stable through September 2026, according to delegates.
🚫🛢🇸🇦 Saudi Aramco has halted operations at its 400,000 barrels-per-day refinery in Jazan following attacks by Houthi forces.
(Trump says he is having "good" negotiations with Iran)
(Trump says he is having "good" negotiations with Iran)
⚠️🇮🇷🇮🇱 DailyIranNews reports that the Iranian Revolutionary Guard has sent a warning message to Israeli citizens, claiming that the latest U.S. radar system in the region has been destroyed. The message advises Israelis to leave the country, as missiles are expected to be launched soon. Earlier reports indicated that Israeli intelligence believes Iran's Supreme Leader, Mojtaba Khamenei, may soon order an attack on Israel. Iranian analysts suggested that Iran aims to dismantle the Arab defense perimeter around Israel and disrupt its air defense capabilities.
🚨 OPEC+ is likely to halt the increase in oil production after September, extending this pause until the end of 2026, according to sources from RTRS.
💥🇺🇸 Apple launches an Upgrade program in the U.S., allowing customers to rent devices to boost sales. The initiative will be available for most models of iPhone, Mac, iPad, and Apple Watch.
🚨 The United States reported a trade balance for June at -$101.5 billion, slightly worse than the expected -$100.3 billion and an improvement from the previous -$105.89 billion.
⚠️🇺🇸 Bank of America expects the Federal Reserve to keep rates unchanged at its meeting on July 29.