Authorities will extend preferential loan program for SMEs until 2030, Xiaomi users complain about failure of smart devices and other news on October 5.

Failure of Xiaomi smart devices, Tecno and Realme stores in the Russian Federation: the main thing on October 5

Finance

  • Sberbank agreed with Brazilian credit institutions to open correspondent accounts in Chinese yuan. Direct correspondent relationships will allow payment service costs to be optimized in the context of growing foreign trade transactions between countries.
  • The Bank of Russia, the Ministry of Finance and the Ministry of Economic Development intend to extend until 2030 the combined program of preferential investment loans for small and medium-sized enterprises (SMEs) in priority sectors, writes Vedomosti.

Business

  • Chinese manufacturers of smartphones, tablets, laptops and other electronic products Tecno and Realme plan to open brand stores in the Russian Federation in 2024, Kommersant reported.

Services and technologies

  • Xiaomi users from Russia complained about widespread malfunctions in the operation of “smart” devices. On the morning of October 5, the problems had not yet been resolved.
  • The founders of a Russian startup developing bionic prosthetics have launched MeHandA mini. It is 80 grams lighter than the previous version.

Author:

Team RB

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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