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Coty pledged to redeem 20% in the model-owned business for $ 200 million. As a result, Kim’s fortune may exceed the capital of her younger sister Kylie Jenner
Kim Kardashian
(Фото: Dimitrios Kambouris / Getty Images)
The company Coty, which owns the brands Max Factor, Wella, Bourjois, Chloé, etc., has entered into an agreement with actress and model Kim Kardashian to acquire a stake in the cosmetics business KKW (Kim Kardashian West) Holdings that belongs to it. Under the terms of the deal, Coty will redeem 20% in KKW for $ 200 million, the deal said.
Thus, the total value of Kardashian’s business is $ 1 billion, the Financial Times notes, according to which Coty received the right to acquire a controlling stake in KKW in the future.
“Kim is truly a cult figure for the whole modern world. She is a visionary, entrepreneur, mother, philanthropist, and in addition, thanks to social networks, she has an unsurpassed ability to connect with people around the world. Its influence, combined with the experience of Coty, will enable us to fully realize the potential of its brands, ”commented Peter Harf, the head of Coty.
Lipstick and pencils, mascara, eye shadow, creams, powder, etc. are sold under the KKW Beauty brand, perfumes are sold under the KKW Fragrance brand. The volume of sales of goods under the KKW brands was not disclosed in the transaction message.
In 2019, Coty acquired 51% in Kylie Cosmetics, owned by Kim Kardashian’s younger sister Kylie Jenner. After that, Forbes magazine named 21-year-old Jenner the youngest billionaire in history, who managed not to inherit his fortune, but to earn capital on his own. Based on an estimate of 51% of Kylie Cosmetics at $ 590 million, the total cost of Kylie Cosmetics was more than $ 1.1 billion. In real time, the magazine estimates Jenner’s fortune at $ 900 million.
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Photo: Sergey Pivovarov / RIA Novosti
The number of Russians working remotely exceeded 2 million people; since April 1, it has grown by almost 30 times. This was announced by Russian Prime Minister Mikhail Mishustin at a meeting on the situation on the labor market. The transcript is published on the government website.
Speaking about how to “really improve the situation with employment,” the head of government proposed “to actively apply new methods in the field of employment”, including a remote format of work. “Now the number of those who work remotely exceeds 2 million people. That is, from April 1, it grew by almost 30 times, ”Mishustin said.
The prime minister also noted the convenience of such a form of employment “for many categories of workers,” including for people with disabilities or families with children. In the future, the distance format can be used in such areas as information technology and a number of secondary and higher education programs, he said. Moreover, the rights of workers on a remote site should be protected in accordance with the law, Mishustin emphasized.
Putin called the test for himself the need to work remotely
After President Vladimir Putin announced a non-working day due to coronavirus, many companies began to massively transfer employees to a remote location. In mid-May, the head of state announced the end of the non-working week period.
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Russian Railways called the order “take measures to vote” a personal initiative of a top manager. Earlier, Golos announced the order of the head of the Ryazan branch of the Moscow Railway to mobilize employees for an all-Russian vote
Photo: Sofya Sandurskaya / AGN “Moscow”
Russian Railways responded to observers about an attempt to mobilize employees of the Ryazan branch of the Moscow Railway in order to convince them to vote on constitutional amendments.
“There is an agreement between Russian Railways and the Central Election Commission, according to which the company informs voters on the way about the upcoming voting,” the company’s press service told RBC. Under this agreement, Russian Railways broadcasts information messages provided by the CEC, and the company also informs employees about voting options through corporate media, emphasized in Russian Railways.
“With regard to this particular telegram, it is the initiative of the regional leader. The telegram has now been recalled. The necessary explanatory work was carried out with the manager, ”the representative of the railway company said.
How is the vote on amendments to the Constitution. the main thing
Earlier, the Golos movement announced the order of the head of the Ryazan branch of the Moscow Railway to mobilize employees for an all-Russian vote. The document is entitled as an operational order, dated June 26 and signed by Sergei Dmitrov, head of the Ryazan region of the Moscow Railway. It says that “the results of the first day of the all-Russian vote on amendments to the Constitution showed unsatisfactory explanatory work with employees of structural divisions” of the regional branch of the company.
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Denial of the title of president of the United Shipbuilding Company, Alexei Rakhmanov, explained that “there is only one president in the country” and “we know him very well”
Alexey Rakhmanov
(Photo: Grigory Sysoev / RIA Novosti)
The United Shipbuilding Corporation (USC) has abolished the presidency because there is “only one president” in the country. This was stated by the head of the USC Alexei Rakhmanov, reports RBC.
“For the fifth day already, I’m not the president of USC, but just the general director,” Rakhmanov said. He explained that the relevant changes were approved, made to the charter of the company and entered into force. In the future, they will be followed by other organizational rearrangements.
USC vice president becomes candidate for head of new offshore corporation
“Why we did this, the answer is very simple – the president in the country is one, we all know him very well, and everything else should have its own names,” Rakhmanov explained.
Earlier in Russia, the authorities changed the name of the posts of heads of regions of the country. In September 2010, the parliament of Chechnya – at the suggestion of Ramzan Kadyrov himself – decided to change the name of the post of the head of the region from “president” to “head of the republic”. Kadyrov explained his proposal on renaming the presidents of the republics of Russia that “there should be only one president in a single state”, and the “parade of regional presidents” should be stopped.
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On Monday, June 29, 2020, flights between St.Petersburg and Moscow It turned out to be practically impossible. In the airport Pulkovo almost all flights between the Russian and Northern capitals were canceled. Moreover, completely different airlines. This is stated in the data of the board of the air harbor.
“On Monday, 12 flights from St. Petersburg to Moscow were canceled at Pulkovo Airport,” the airport’s message board says.
Also canceled 12 flights from the capital to the city on Neve. In addition, today planes will not fly from St. Petersburg to Yerevan, and also there will be no flight in the opposite direction. The flight from the Northern capital to Baku.
So, of the canceled flights to Moscow, one is Aeroflot Airlines, one is Pegas Fly and 10 planned flights of the company “Russia“. In the opposite direction, the exact same story.
For tomorrow, June 30, there are practically no canceled flights. However, two flights from St. Petersburg to Moscow and in the opposite direction were also canceled. The Pegas Fly airline will not carry out the planned flight. Therefore, before traveling to the airport, passengers should check the schedule of the scoreboard and also contact the airline to clarify the information.
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The largest oil refining companies in China may join the procurement alliance, which will enable them to avoid price wars among themselves and achieve a reduction in procurement costs.
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Photo: Reuters
Several Chinese oil refineries, including China Petroleum & Chemical Corp. (Sinopec), Sinochem, PetroChina and China National Offshore Oil Corporation (CNOOC) are in talks to form a group for joint oil purchases abroad, Bloomberg reports citing its sources. According to the agency, the formation of such a union has already received approval from the Chinese authorities and relevant regulatory bodies.
Representatives of companies that import a total of 5 million barrels each take part in the negotiations. oil per day. Bloomberg notes that the merger of these companies in the implementation of the procurement policy would lead to the creation of the world’s largest oil buyer. This would give the companies involved in the deal the opportunity to avoid price wars among themselves and influence the price offered by suppliers.
At the initial stage, the alliance members plan to jointly submit applications for the purchase of certain varieties of Russian and African oil on the spot market, Bloomberg sources said. The agency’s interlocutors also noted that the first such application for the purchase of Siberian oil ESPO, delivered through the East Siberia-Pacific Ocean (ESPO) pipeline, can be submitted in July. In the future, independent oil refiners may also join the alliance, including the so-called teapots (small refineries) from Shandong province.
The OPEC + transaction has led to the risk of a shortage of raw materials for refineries in the Far East
Bloomberg believes that the reason for the attempt by the Chinese oil refiners to form a purchasing alliance is the increase in prices for raw materials in the spot market after the Chinese economy began to recover after the epidemic of coronavirus infection COVID-19. The agency recalls that back in 2003, Chinese steel companies formed an alliance to purchase copper concentrate abroad. Now, the group known as CSPT includes more than a dozen companies purchasing through it about 80% of all imports of copper concentrate in China.
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The head of Sberbank German Gref said that he did not consider it possible to return to the government. According to him, after ten years, he does not see himself in Sberbank
Herman Gref
(Photo: Eugene Razumny / Vedomosti / TASS)
Answering a question from the TASS agency, how does he see his worst nightmare, Gref replied: “Honestly? I am returning to the government. ” According to him, after ten years, he does not intend to work either in Sberbank, or in any other large company.
“In addition to working at the bank, there was another happy period in my life – teaching at the university. Maybe I’ll be back in the field of education. I’m interested in technology, venture capital investments, ”said Gref.
Commenting on the work of the cabinet in the context of the coronavirus pandemic, Gref compared it with what happened in 1998. “The government cannot be envied, if only for the reason that in the second week of its existence, he got the coronavirus. One can only compare this with the default of 1998, which occurred shortly after the arrival of Sergei Kiriyenko in the White House, ”said the head of Sberbank.
Gref predicted a sharp ruble appreciation by the end of the year
According to Gref, in the midst of quarantine, the Cabinet of Ministers “worked, without exaggeration, 20 hours a day” in search of solutions to the situation.
“No one expected such stress. The worst thing at that moment is inaction. He was absent. A series of actions may have turned out to be vain and incorrect, as we understand with a hind mind, but then it seemed that these were absolutely correct reactions, ”Gref said.
He appreciated the head of Sberbank and the actions of the Central Bank, which, according to him, “worked very well.” “The necessary steps were taken in time, which allowed us to untie our hands a bit and support our customers. We carried out a gigantic restructuring as soon as possible, renewed as many loans in a week as in the whole of 2019 – more than a trillion rubles for legal entities, ”Gref said.
In 2000-2007, German Gref headed the Ministry of Economic Development and Trade. Prior to that, he worked in various positions in the government of the country and the administration of St. Petersburg.
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The number of victims of a pandemic in the world exceeded 500 thousand people, bags for corpses were found near Kommunarka, an outbreak in Germany became an occasion to check the “sausage king” – the main news about the pandemic in the RBC review
Coronavirus
Russia Moscow World
0 (per day)
Recovered
0
0 (per day)
Infected
0
0 (per day)
Died
0 (per day)
Recovered
0
0 (per day)
Infected
0
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Died
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Recovered
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Infected
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Died
Source: JHU,
federal and regional
anti-virus operations
Source: JHU, federal and regional anti-virus operations
Situation in Russia
The number of confirmed cases of coronavirus infection exceeded 641.1 thousand (6719 per day). In total, 9166 people died from COVID-19 in the country (93 last day). More than 403.4 thousand people have recovered since the beginning of the epidemic.
The spread of coronavirus Covid-19 in the regions of Russia
Number of confirmed cases of infection
Source: Federal and Regional Anti-Virus Activities
Russian data i
Coronavirus spread rate in Russia
Cases per day
Source: Federal and Regional Anti-Virus Activities
Russian data i
How the number of coronavirus recovered and dead in Russia is changing
Recover (new cases)
Dead (new cases)
Source: Federal and Regional Anti-Virus Activities
Russian data i
World situation
According to the World Health Organization (WHO), the number of people infected with coronavirus infection in the world exceeded 9.84 million, more than 495.7 thousand died. According to current data from Johns Hopkins University, more than 10 million people have been infected in the world, of which 501 thousand have died.
The distribution of coronavirus Covid-19 in the world
Number of confirmed cases of infection
Source: JHU
World Data i
How the number of people recovering and dying from coronavirus is changing in the world
Recover (new cases)
Dead (new cases)
Source: JHU
World Data i
World Coronavirus Spread Rate
Cases per day
Source: JHU
World Data i
Learn more about the virus in the RBC review.
Julia Sapronova
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For travel on the Central Ring Road will have to pay 2.5 rubles. for 1 km. On Monday, traffic opened on a 23-kilometer stretch from Mozhayskoye to Novorizhskoye highway. Completely the construction of the road should be completed in 2021
Section of the Central Ring Road from Mozhayskoye to Novorizhskoye Shosse
(Photo: Sergey Bobylev / TASS)
The fare on the Central Ring Road (TsKAD) will be 2.5 rubles. for 1 km. According to TASS, the head of Avtodor Vyacheslav Petushenko told reporters about this.
“There are 339 km, multiply by 2.5,” Petushenko said. At the same time, drivers have the opportunity to reduce fares by 20% through the use of transponders, he said.
Last year, Konstantin Lyashkevich, the head of the main department of the road sector of the Moscow Region, named 2.3–2.5 rubles as an indicative price. for 1 km. At the same time, he pointed out that the final decision on the fare on the Central Ring Road should be made by the customer, as well as concessionaires investing in the project.
The fare on toll roads in the Moscow region varies depending on the direction. For example, travel from Moscow to Solnechnogorsk (43 km) on the M-11 highway in the daytime reaches 600 rubles (about 13 rubles per km). At the same time, the next 66 km of the same road will cost drivers up to 270 rubles. (about 4 rubles per km).
Avtodor asked for another $ 15 billion to complete the Central Ring Road
On Monday, a 23-kilometer section of the Central Ring Road from Mozhayskoye to Novorizhskoye Shosse was opened in the Moscow Region. It included both the reconstructed section of the Moscow Small Ring and the new section, which allowed unloading the street network of Zvenigorod.
Last summer, Petushenko promised that there would be no postponements of the construction of the Central Ring Road. However, in February this year, Deputy Prime Minister Marat Khusnullin, who supervises the construction, expressed dissatisfaction with the pace of construction of the highway, which should unload the capital’s roads as well. “I’ll outline all the necessary measures and I will keep this project under control in the staff regime,” he said.
In late January, it became known that the Kazan Telematics company won the tender for the right to create a fare payment system for the Central Ring Road. According to SPARK, Kazan Telematics is 100% owned by NTS LLC (National Telematic Systems), co-owned by Igor Rotenberg, Andrey Shipelov and Alexey Nashchekin.
The Central Ring Road is a new ring around the capital; it is approximately 50 km distant from the Moscow Ring Road and will pass through the territory of the Moscow Region and New Moscow. The length of the route should be about 340 km (it should be completed in 2021), and taking into account the second stage of construction – 530 km. The customer of the route from the state was Avtodor company.
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