Representatives of “Business Russia” are looking for ways to invest in medicine privately, Meta, banned in the Russian Federation, announces its imager, the car market is agitated by the dominance of Chinese cars, and RB continues to follow the key economic news. .

News from the automotive industry, initiatives of business associations: the main thing for business July 15

  • The Public Consumer Initiative of the Russian Federation (OPI) proposed to increase the fine for violating consumer rights from a fixed amount to a percentage of annual income, at least 1% (Izvestia).
  • The share of Chinese car brands in the domestic market exceeds 40% and in 2023 it will grow even more, experts say.
  • At the same time, automakers and dealers are calling to protect the market for imported cars “without adequate warranty.” The indexing of the disposal fee announced as of August 1 can help with this.
  • Elon Musk’s new company xAI will use Twitter posts in a self-learning AI language model.
  • In Amazon’s huge Prime Day sale, cat food was the top-selling item in 2023, even though people tend to buy electronics and household items.
  • Banned in the Russian Federation because it is recognized as an extremist, Meta introduced its own AI-based imager: CM3leon.
  • At the Business Russia meeting, business representatives came to the conclusion that they would like to participate in the financing of projects in the health sector: for example, in the format of private co-financing of projects with specific use of taxes.
  • The European aluminum industry has called on EU authorities not to impose sanctions on UC Rusal because the company is “too deeply integrated into the global business” (Reuters).

Author:

Ekaterina Alipova

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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