the owner of geely has a major stake in daimler as well.redit suisse falls, extending its losing streak. we will dig into that story next. this is bloomberg. ♪ tom: welcome back to the open, we are 24 minutes into the european trading day. losses across european equities up close to .2%. u.s. futures pointing lower by .5%. the sector that is feeling the most pain in europe is the banking sector, down more than 1%. credit suisse is certainly a factor there. the company is falling close to 6%, after saying it expects to make a loss at the groupwide level, and at its investment bank in the second quarter. it blames a challenging market after russia's invasion of ukraine and tightening monetary conditions. tom, just break down the key results and what you took away from what is driving the loss? >> just another bit of bad news for the banks. pointing at ukraine and this high rate environment. me the big thing is this is yet another problem for them. for over a year now we have been talking about credit suisse woes. why investors are taking them

cars was a signal to everyone to increase the price of the most popular brand in belarus, geely atlasxander lukashenko drew attention, government at a meeting on socio-economic development and stated despite the difficulties it is impossible to go too far less than two days later, the bilge announced discounts on its cars and very significant up to 15% details on the newspaper page. republic of separate garbage collection. in our country, only a few conscious people were still made. some people are skeptical about this idea because all the waste ends up in one garbage truck anyway, others think that sorting takes a lot of time and causes a lot of inconvenience. thirdly, they simply do not want to do this , however, in fact, a separate collection. garbage - it's not that hard to be sure. in this znamenka visited the eco consultant from minsk, who collects 15 types of waste last year , more than a million two hundred thousand people used the services of the belarusian health resorts, apparently this summer season will also please the number of those who prefer to rest at home, at least

chinese chery is one of the largest brands in sales along with haval and geely at the end of the yearjumped 3.5 times to more than 40 thousand cars. this was the news of the economy in short. the largest production plant in the history of the country was launched in the ivanovo region. three cats, he will produce up to 60 fabrics daily and will replace the materials that were supplied from abroad . my colleague marina chetverkova visited the new enterprise . the factory for the production of knitted fabrics in the springs, the second largest in russia and the largest complex introduced at the same time production area occupying 40 thousand square meters , the construction took less than two years, and financial investments in the implementation of such a large-scale project were more than 3 billion rubles. part of their part is borrowed, that is, the actual funds. we ended up with orders of magnitude, one and a half billion rubles, the rest of the funds were borrowed by banks today. we have commissioned a visual church, which we are located with you and the building of the abc. this i

cars; as a result, prices were reduced by 15%. as for geely - this is not the main question of suchough and it was a signal, but a million heard me. if there is no reaction, you know my reality, it will be immediate and most cruel. stop referring to logistics and some kind of market relations, the prices in our stores are certainly influenced by the western sanctions of the euro. bureaucrats continue to chaotically wave the limp instrument of foreign policy pressure. at the same time, the effect is far from the same as it was before to a greater extent. these are rather hegemony flashbacks that backfire on the economy the leaders of the sanctions pressure have plunged into recession, food, in many countries, is already limited. boring to implement in one hand export- oriented enterprises are forced to close tens of thousands of people, throughout the eu lost their jobs only lithuanian railways intend to cut more than 300 employees by the end of the year. look, they don't just shoot themselves in the foot. as you say, they have already shot themselves in the head. well, you think bef

cars as a result, prices were reduced by 15%. as for geely , this is not the main question; there areof such examples and it was a signal, but they heard me a million. if there is no reaction, you know my reality, it will be immediate and most cruel. enough to refer to logistics and some kind of market relations, the prices in our stores certainly have an impact, and western sanctions, euro-bureaucrats continue to chaotically wave the limp instrument of foreign policy pressure, while the effect is already. he's not the same as he used to be . these are rather flashbacks of hegemony that have the opposite effect on the economy. the leaders of the sanctions pressure plunged in a recession, food products, in many countries are already limited by the piece for sale. in one hand, export -oriented enterprises are forced to close tens of thousands of people, throughout the european union, only lithuanian railways have lost their jobs, they intend to cut more than three hundred employees by the end of the year. look, they don't just shoot themselves in the foot. as you say, they have already

and april chinese cars occupied twenty- first place in the list of the most popular models in may, geelyred the russian car market already in eleventh place. it’s just that the stock market changed sluggish growth for a not very active fall as well, because the background for trading was blurry, there was talk about the seventh package of sanctions from the european union and somewhere on the horizon, or rather, on friday, a meeting of the russian central bank on the key coal rate is looming. not a lot of ideas either. in general, he actually no longer gives signs of life to the dollar. now it is 60-93 euros, 64, 77. today , the roscongress reported that more than 500 speakers have confirmed participation in the st. petersburg international economic forum. according to official information, representatives of the government and central banks of russia from the united arab emirates will arrive in turkey venezuela egypt representatives of business associations italy canada usa france members scientific and of the cultural community of russia china india cubes, as well as representatives of

by the way, the first place in the list of the most popular models, then in may geely cool rey movedcontinue the topic, the number of car dealers in russia may be halved by the end of the year. this is still an optimistic scenario about this, in an interview with vedomosti newspaper, the company's general director rolf svetlana vinogradova said that several large large car dealers have already been put up for sale. stopped. here is our production. secondly, russian factories are also forced to slow down the conveyors, because the general director is also lacking components. rolfs. svetlana vinogradova suggests not to hope that car prices will fall and explains that in february march, dealers bought cars from manufacturers at very high prices, because they understood that this is the last thing they can get now that the ruble has grown, but dealers are not ready to reduce prices and sell your lips. today the situation was resolved, stuck in sri lanka 3 hours ago, it flew to russia by aeroflot plane, an airbus a330 plane was detained last thursday at the airport of the capital of sri l

the classmates of odnoklassniki include the well-known chery tiggo 7 geely atlas pro and the havale f7r the tautology, the finishing materials, the color schemes, the selection of textures, everything is done at an unexpectedly high level, the seat is soft, comfortable with electric adjustments and memory of the occupied position on the central conso. the large bright screen of the media system, under which the keys lined up in a line up to the touch buttons, fortunately, the chinese have not yet reached. there is decent equipment, a dual-zone climate control all-round visibility system, a usb connector built into the cabin mirror, for example, for a dvr, passengers on the second row will appreciate the spaciousness and the ability to adjust the angle of the backs. but the engine is not impressive, even so big machine, and then only 1.5 liters of volume and 137 horsepower. it will not be enough to conquer a hundred gs5 in 13 seconds. all listed competitors are faster. but to the logic of the six-speed automatic. no complaints. configured. it is as it should and fuel consumption does no