β οΈπ·πΊ MGKL has faced another technical default in bond coupon payments. Efforts are ongoing to settle the debts of its subsidiaries.
π¨ The Ukrainian delegation has commenced talks in Abu Dhabi. Meetings are taking place with European representatives and envoys of former President Trump.
π BYD has unveiled its new sedan, the Altior, positioning it as a competitor to Rolls-Royce. The launch showcases BYD's ambition to enter the luxury automotive market with a model that promises high-end features and performance. The Altior aims to attract discerning customers seeking elegance and innovation in their vehicles.
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On November 12, HeadHunter will release its IFRS report for the nine months ending in 2026. On November 13, the company will host an Investor Day at 16:00 MSK.
π¨ In Abu Dhabi, trilateral talks involving Russia, Ukraine, and the USA are underway, signaling potential progress in resolving the conflict. Ukrainian delegation head Umerov confirmed that they have received a mandate from President Zelensky to discuss all topics related to ending the crisis. Notably, European representatives are absent from the negotiations, despite claims from French officials. US officials previously indicated they do not expect a resolution during these talks, but aim for clarity on each side's positions for future compromises.
π¨π³ China's export of high-tech products surged by 66% over the past year, according to customs data. This significant increase highlights the country's growing influence in the global technology market. For more details, visit customs.gov.cn.
π Tom Lee, head of Fundstrat and Bitmine, maintains his expectation for a strong bull market in cryptocurrency, particularly for ETH, over the next 24-36 months. He asserts that the current market weakness is temporary. Analysts suggest that incredible wealth is just around the corner!
π’ Brent crude oil prices fell below $90 amid a rapid deal between the United States and Iran.
π¨ The ongoing conflict between the US and Iran continues to impact oil and gas prices. When oil prices drop, gas prices in the US follow suit. However, tensions escalate as Trump orders airstrikes on Iran, prompting retaliatory actions from Tehran, leading to rising oil prices again. This cycle repeats as Trump shifts back to negotiations, claiming progress, resulting in lower gas prices once more. The pattern of escalation and de-escalation persists, influencing market dynamics significantly.
β οΈπ―π΅ Minutes from the recent Bank of Japan meeting revealed that many board members believe an interest rate hike is necessary in the near term, indicating a strong likelihood of such a decision in December, according to BBG.