Died TV presenter Dmitry Kaznin

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Russian investors bought out more than half of the shares of Renaissance Insurance as part of the IPO

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More than half of the shares of the Renaissance Insurance group in the framework of the initial public offering (IPO) on the Moscow Exchange were bought by Russian investors. This was announced by the president and chairman of the board of directors of the company Boris Yordan. Trading began today, October 21. “Most of the investors were from the USA, Europe and Russia. This deal, which I personally liked very much, was dominated by Russian investors who, of course, know the market better than foreign ones and know the financial market … Somewhere more than 50% of the book was Russian money, and the rest was divided between the USA and Europe ” – said Mr. Jordan at the opening ceremony of the auction (quoted by RIA Novosti). The placement price was 120 rubles. At the opening, quotes soared by almost 25% (up to 149.5 rubles), after which they went into the red, and at 10:50 Moscow time they are traded at 119.3 rubles. As Kommersant previously reported, Renaissance Insurance closed the book orders at the lower border of the announced range. The existing shareholders had to refuse to sell their securities. The company was valued….

South Korea Launches Its First Own Launch Vehicle, Nuri

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The court banned the sale of smartphones with the Samsung Pay service in Russia

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The Moscow Arbitration Court banned Samsung Electronics from importing, selling and storing 61 models of the company’s smartphones to Russia due to the use of the Samsung Pay payment service. This was reported by RIA Novosti with reference to the operative part of the additional court decision on the claim of the Swiss Sqwin SA. The claim was filed by the Swiss Sqwin SA. The company believes that the payment service infringes its rights to the invention of the Electronic Payment System, which is protected by a Russian patent. The use of the products was banned back in July, but no specific models were specified. In August, the plaintiff petitioned for the court to clarify the requirements, and the order was issued on October 19. It contains a closed list of models “intended for the use of the Samsung Rau payment service, during the operation (operation) of which, in accordance with their purpose, the patented method is automatically carried out.” It includes 61 models, including Samsung Galaxy J5, Samsung Galaxy Z Flip and Samsung Galaxy Fold. In August, a division of the company….

British opposition calls for sanctions against Telegram

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