While Moscow and Tokyo negotiate terms for algae production in the Kuriles, and the Russian government simplifies out-of-court bankruptcy proceedings for individuals, Tesla wins a lawsuit over an autopilot accident (it’s innocent), Google is cutting back on construction of a huge campus, Microsoft is investing in Japan and Kazakhstan is increasing oil exports considerably. RB continues to follow the most interesting news for entrepreneurs.

Bank profit growth, Tesla victory in court, return of 2GIS to the App Store: the main thing for business April 22

  • Russian banks in January-March received a record profit of 881 billion rubles (the previous record was 700 billion in July-September 2021), but about 40% was generated due to one-off temporary factors such as the revaluation of the currency (“RG”),
  • The Belarusian Cabinet of Ministers approved an agreement on a unified industrial policy in the Russian Federation.
  • The cost of external support for IT equipment has grown in Russia by 40% over the year and will grow further due to the end of support certificates for vendors that have left the Russian market (“Kommersant”).
  • The 2GIS map service has returned to the app store for iOS App Store users (it hasn’t been there since fall 2022).
  • The government submitted to the State Duma a draft law on simplifying the extrajudicial bankruptcy procedure for individuals: the debt “fork” is increasing (now it will be from 25 thousand to 1 million rubles) and the conditions for considering requests soften.
  • Tesla wins Autopilot driver assist accident lawsuit: Court finds Autopilot was not at fault for the accident.
  • Google suspends the construction of a giant campus for 20,000 jobs in San Jose, California, because at the moment this investment is impractical, but the idea remains “for the long term”.
  • Elon Musk said that SpaceX will be ready for a new launch of the Starship prototype spacecraft in a month or two.
  • Naftogaz is in talks with ExxonMobil, Chevron and Halliburton about investing in Ukraine’s energy sector.
  • Microsoft management said that it will continue to invest in Japanese data centers, which will bring high income when, against the background of AI development, companies begin to solve the problem of staff shortages through new technologies.
  • Telegram handed over the requested data in a private account to the Brazilian police to avoid a fine of 1.6 million rubles and the suspension of the messenger in the country.
  • In the first quarter of 2023, Kazakhstan increased oil exports bypassing Russia: 163.4 thousand tons were exported from Aktau alone, six times more than in the same period in 2022 (Reuters citing Refinitiv).
  • Demand for Russian travel insurance abroad doubled in the first quarter of 2023, with the main destinations being Uzbekistan, Azerbaijan and Armenia (Tutu).
  • The Central Bank will give recommendations to banks, MFIs and collectors on how to synchronize the collection of debts from individuals with obligations to various creditors.
  • Moscow and Tokyo have reached an agreement on the collection of sea kale by Japanese fishermen in the Signalny Island area, near the southern part of the Kuril Islands: the fishermen of 204 schooners will pay compensation of $615,000 ( Kyodo).

Author:

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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