Yandex.Taxi found 10,000 taxis, terminals for Mir in the United Arab Emirates and Turkey: highlights of October 28

Business

• Senior managers’ expectations of Russian broadcasters and FMCG providers for business growth have worsened by a third over the year. The companies point to the impact of the consequences of the special operation in Ukraine, as well as the Western sanctions imposed after the start of the special operation.
• In October 2022, Russians started shopping for sporting goods 209% more often compared to the same period last year. Gyms register a decrease in the number of clients.
• Yandex.Taxi has agreed with car manufacturers quotas that guarantee the allocation of cars for deliveries to taxi companies. According to these quotas, taxi companies, partners of the service, will be able to buy up to 10,000 cars this year.

Finance

• Two Russian banks will install terminals for Mir cards abroad, reports RBC citing sources. It is not known which banks are in question.
• Banks are relaunching structural income bonds. Previously, these products were often linked to foreign assets, but are now being reoriented towards domestic assets.
• The Credit and Investment Bank of Kyrgyzstan has temporarily suspended the card service of the Russian Mir payment system.

Technology

• The work of the 3G communication standard will remain in large cities at least until 2025, and in the country’s regions – until 2027, the Ministry of Digital Development expects. Previously, operators planned to complete the main frequency handover of this standard for 4G by 2025.