Dow Jones and S&P 500 break records, Musk will return Unilever to X, the number of beauty salons is growing in the Russian Federation: the main thing on October 12

in the world

• Forecasts for the credit ratings of France and Belgium have become “negative.” Fitch and Moody’s country ratings have remained unchanged for now.
• The industry’s premier event for online-to-offline (O2O) goods sourcing, Global Sources, has begun in Hong Kong. More than 150 thousand electronic products will be presented in more than 4 thousand stands, of which more than 10 thousand are new items.
• The Dow Jones and S&P 500 indices broke their all-time records. The AFP believes this is due to positive reports from banks. The Dow Jones rose 409.74 points, or 0.8%, to 42,863.86, and blue-chip stocks hit a high of 42,899.75.
• The license of the Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury to close operations with the Moscow Stock Exchange has expired. The license also applies to NCC and NSD.

• American venture investors invested $37.5 billion in 2,794 deals in the third quarter. This is 34% less than the previous one.

• India has become the second largest supplier of electronic products to the Russian Federation, after China. Exports increased from $60 million in the spring to $95 million in the summer.

In Russia

• As of mid-autumn 2024, the number of beauty salons in the Russian Federation increased by 15% year-on-year. In five years, their number has doubled.
• Supplementary revenues from the Russian federal budget (“other fees and taxes”) increased by 87% between January and July 2024. The Federal Tax Service estimates the amount to be 2 trillion rubles.
• The Ministry of Industry and Commerce wants to force restaurateurs and retailers to include at least 20% national wine in their menus and assortment. This mandatory measure is necessary to “increase competitiveness and promote Russian products.”
• Telegram is crashing in southern Russia: according to the Downdetector website, in the last 24 hours, 18 thousand people have complained about problems with the messenger. Over the past hour, the site has received more than 800 complaints about the messenger.
• About 40% of Russians are ready to spend up to 500 thousand rubles on a wedding. Another 20% – no more than 100 thousand rubles.
• A new association of representatives of the game development market has appeared in Russia. The Gaming Industry Association will include Lesta, 1C Game Studios and others.

• The Avito Auto platform analyzed the demand for new motorcycles: in the third quarter, KAYO was the leader with 18.4% of the market. In second place is Motoland (8.0%), in third place is Regulmoto (7.2%).

in business

• Yandex LLC has extended the rights to the Yandex and Yandex trademarks in Russia until May 2035. The trademarks were registered in 2007.

• Tatyana Kim accused Vladislav Bakalchuk’s team of “stealing” 37 billion rubles from Wildberries. The RVB director’s ex-husband claims the company is simply trying to “squeeze” construction contracts out of him and believes the allegations are unfounded.

• Starting December 31, 2024, the official Poco website will stop working. All information about products and services will be published on the Xiaomi portal.
• Elon Musk withdraws lawsuit against Unilever. “X is pleased to reach an agreement with Unilever and continue our partnership with them on the platform.”

• Shareholders of the Imperial Tula Weapons Plant at an extraordinary meeting decided to increase the authorized capital by 16.3 billion through an additional issue of ordinary shares. It is assumed that the price per piece will be 1 ruble.

• And in the first eight months of the year, Moscow companies increased the volume of production of clothing (60.2 billion rubles) and footwear (14.1 billion rubles). The production of men’s jackets multiplied by 1.5, that of pants, by 16% and that of textile footwear, by 3.