π’ Russia's Mikhelsen stated that it is impossible to isolate Russia in the LNG market. He emphasized the country's strategic position and global demand, making complete exclusion unlikely amid ongoing international energy developments.
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π MMK Group reports strong performance for Q3 and nine months of 2026. Pig iron production increased by 8.2%, steel output rose by 7.4%, and coal concentrate production grew by 4.6%. Metal product sales surged by 6.5%. For more details, see the report.
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π¨ Saudi Arabiaβs Aramco is aiming to partner with other countries to boost strategic reserves, according to the company's CEO. The move highlights efforts to stabilize oil supply and strengthen economic resilience. For more details, visit Aramco's official site.
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π¨ Tom Lee reminds that BitMine will soon stop buying ETH. The company's goal is to hold 5% of total ETH supply, nearly achieved. As the largest corporate ETH holder, BitMine's Strategy from the ETH world. Lee predicts ETH could reach a minimum of $25,000 this cycle. Bloomberg reports this development.
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β οΈ Iran's Islamic Revolutionary Guard Corps (ΠΠ‘ΠΠ ) warned the US against efforts to facilitate shipping through the Strait of Ormuz, threatening action against military bases in the region. The statement underscores tensions over regional navigation rights and the US's influence in Persian Gulf waters. Read more about Iran's stance.
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π· Barclays reported a 17.2% year-on-year increase in net profit for Q3, according to the BARC report.
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π¨ The Russian government has announced new appointments. Siluanov is appointed as Deputy Prime Minister and Finance Minister. Irina Okladnikova becomes Deputy Prime Minister and Head of the Apparatus. Oleg Kozhemjako and Andrey Nikitin also step into the Deputy Prime Minister roles. Dmitry Yadrov is appointed Transport Minister. More details at TASS.
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π·πΊ Russia's government has announced an updated lineup, according to RIA Kremlinpool. The new cabinet details reflect recent changes in the leadership structure, with official confirmation of the ministers and key officials. For more information, visit RIA Kremlinpool.
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π° The Swiss National Bank's recent meeting highlighted expectations of short-term inflation rise, high uncertainty, and readiness for FX market interventions in either direction. Officials also noted that AI adoption could potentially lead to decreased consumption. For more details, visit official reports.
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π§ Moscow developers' revenue for the first three quarters has declined 21% year-on-year, according to reports from RIA.
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π’ Russia's Gazprom general director Alexei Miller predicts that the restart of "Nord Stream" pipelines is inevitable at some point, signaling ongoing discussions about energy supply stability.
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π·πΊ Sberbank's board of directors will meet on November 10 to consider appointing Dmitry Grigorenko as deputy chairman of the executive board. He will oversee digitalization initiatives and AI applications in the public sector.
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π A Tesla and SpaceX merger could boost Elon Musk's wealth by $110 billion, according to Bloomberg. The potential deal may reshape the tech and space markets, adding to Musk's impressive fortune.
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π TotalEnergies will be able to supply gas from "Yamal LNG" to other markets starting in 2027, according to Michelson. The project aims to expand exports and strengthen energy ties. For more details, visit TotalEnergies.
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π± Russia saw the launch of the iPhone Duo just a day before the global release, reports RBC. The new device is now available in Russian markets ahead of its international debut. For more details, visit RBC.
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