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Economic News August 3, 2025 — Fed Rate Cut, Apple and Meta Reports, Gold Price Increase
... reaching ~$47.5 billion, reflecting a return of advertisers and audience growth. Net profit surged by 36%, surpassing $18 billion, largely due to stringent cost management. Management has a positive outlook on the long-term business prospects, and the market has reacted positively to Meta's return to sustainable profit growth.
ExxonMobil and Chevron
– The American oil and gas giants experienced a decline in profits due to falling energy prices compared to last year, but they maintain a stable financial position. ExxonMobil posted a net profit of about $7 billion in Q2, while Chevron reported around $3 billion. The drop ...
Regulatory Costs: Can the Rise in Gasoline Prices Be Stopped? (FORBES)
... prices would remain below the subsidy threshold due to increased competition rather than subsidy loss risks.
Higher quotas would improve fuel availability for independent gas stations outside VIOCs, boosting retail competition. Large companies’ gas stations would find it harder to overprice fuel without risking market share. Additionally, this measure would facilitate fuel procurement for traders, helping dismantle regional fuel monopolies: with lower exchange prices, traders could offer small wholesale consumers cheaper fuel, even accounting for logistics, ...
European Economy Losing Competitiveness: Causes and Consequences
... in a new wave of tariffs.
Market reactions: Deteriorating relations between the US and EU could lead to volatility in global markets.
Political tensions: Escalation of the conflict undermines economic cooperation between the largest economies.
Long-term ... ... #Tariffs
The European Commission has declared its determination to continue efforts aimed at fully halting the import of Russian gas into the European Union. A representative of the European Commission noted that this measure is part of a broader strategy ...
Where Does the United Engine Corporation (UEC) Invest?
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Investment in 2023: 72.2 billion rubles
Investment in 2022: 38.1 billion rubles
The United Engine Corporation (UEC) is a strategically important company for Russian industry, specializing in the development, production, and maintenance of aviation, gas turbine, and industrial engines. In recent years, UEC has been actively increasing its investment aimed at modernizing its facilities, developing new technologies, and strengthening its position in the international market.
Key Assets of the Company
1. Production Facilities
UEC comprises over 10 factories and specialized enterprises located in key industrial regions of Russia. Among them:
Ufa Engine Industrial Association (UMPO): the largest manufacturer of aviation ...
Veterans Day in the USA: Impact on Stock Market and Investments
... American trading can affect prices and the availability of petroleum products for Russian companies.
What This Means for Russian Investors
For Russian investors, Veterans Day in the U.S. primarily signals a day of heightened caution. Although the American market is open, the reduced activity makes it more volatile. This can have repercussions on currency rates and commodity prices, including oil and gas, which are especially significant for the Russian economy and export-oriented firms.
Investors engaged with U.S. stocks or currency pairs involving the dollar should factor in potential short-term fluctuations and reassess their trading strategies ...