Top banking analysts claim we live in “the most dangerous time the world has seen in recent decades”, Rosaviation is evacuating citizens from Israel, while the Lufthansa Group limits the number of special flights, Russians demand for November trips are growing, and Wildberries, after a meeting at the Attorney General’s Office, backs down and waives the 3% commission when paying with Visa and Mastercard. We continue to follow the development of modern business history.

Rising Brent oil prices, new leaders of the television market in Russia, travel demand in November: the main thing for business on October 14

  • The CEO of one of the world’s largest banks, JPMorgan, Jamie Dimon, in a third quarter report expressed the opinion that we are living in “the most dangerous time the world has seen in recent decades,” which could cause an unprecedented decline in energy and food markets, a reduction in global trade and the destruction of geopolitical relations.
  • The Federal Air Transport Agency reported that since October 9, airlines have transported more than 3 thousand people between Russia and Israel, and more than 2.3 thousand people directly from Israel to Russia.
  • Lufthansa Group airlines will no longer operate special flights to evacuate citizens of Israel due to security concerns and unstable operations in Tel Aviv.
  • The price of Brent oil during trading on Friday exceeded $90 per barrel for the first time since October 4.
  • Trade body GSMA estimates that 55% of the world’s population (around 4.3 billion) will use smartphones by 2023.
  • Almost 54% of Russians, the majority of whom are between 18 and 34 years old (57%), trust the Russian stock exchange where they invest (VSK Insurance House).
  • Sales of long weekend trips around National Unity Day increased between 30 and 40% (Interfax-Tourism).
  • The cost of daily rental of apartments in the business capitals of Russia (Moscow, St. Petersburg, Nizhny Novgorod, Kazan, Samara, Omsk, etc.) increased from 14% to 27% compared to the beginning of October 2022 (Avito Real Estate ).
  • After nine years of leadership in the Russian market, televisions from the South Korean brand Samsung gave way to three Chinese ones: Haier (11.5% of the market – 665 thousand sales, 15.3% of revenue – 22.1 billion of rubles), Xiaomi (8.3% of sales) and Hisense (6.6%). Overall, TV sales increased between 35% and 40% between January and September.
  • Wildberries, after a meeting at the Attorney General’s Office, announced that it would reconsider its position and stop charging a 3% commission when paying with Visa and Mastercard cards.
  • After the agreement between Microsoft and Activision Blizzard was closed, it was learned that the game developer’s CEO, Bobby Kotick, will leave his position on January 1, 2024 after 33 years of work.


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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