LVMH explained the reasons for China’s investigation into the European cognac industry, India and Russia will discuss mechanisms for the rapid transfer of money between countries, and the owner of Fashion Season in the center of Moscow will file for bankruptcy. These and other events of the day are in RB’s summary.

China’s response to EU tariffs, the bankruptcy of the Shopping Gallery, the transfer of money between India and Russia: the main topics on July 7
  1. News


Subscribe to RB.RU on Telegram


  • China’s anti-dumping investigation into brandy imports from the European Union is a response to EU tariffs on Chinese electric cars, according to LVMH (Hennessy and Remy Martin brands).

  • Indian Prime Minister Narendra Modi will discuss with Vladimir Putin the development of mechanisms for the rapid transfer of money between the two countries (The Economic Times).


  • The Ministry of Finance has proposed extending the pilot to Islamic banking. Previously, the deadline was limited to 2025, but more time is needed to achieve full regulation, so the project could last until 2027.

  • Mortgage rates in Russia have reached a record high of 23%, and this rate is already being offered to clients of some banks. The average rate approved since the beginning of July is already 18.9%.


  • Elon Musk has spoken about the dangers of using WhatsApp. The problem, he said, is from a data protection perspective.

  • The Trading Gallery company, which owns the Fashion Season complex in central Moscow, is planning to file for bankruptcy.

  • Russian restaurants and producers will once again be able to receive a certificate for authentic Italian products. The first documents have already been submitted, according to the head of the Italian-Russian Chamber of Commerce (RIA).


  • A vulnerability in Apple Vision Pro allowed users to be scared by spiders and mice. The bug was fixed in the June update.

  • Realme GT 6T topped the list of most powerful AnTuTu smartphones in June.

  • The smallest 5G smartphone is all set to hit the global market. The Jelly Max device will be available for sale soon. It will feature 12GB of RAM and 256GB of internal storage, and its size could be similar to that of the iPhone 13 Mini.

Photo by: Unsplash


Akhmed Sadulayev

Source: RB

Previous articleWho is the Witch of Harrenhal in House of the Dragon?
Next articleWhat should you do if your MacBook is using too much battery while closed?
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.


Please enter your comment!
Please enter your name here