The head of the Masayoshi Masayoshi Techno -investor had to redeem the scandalous network of the WeWORK coworking. His reputation depends on the future fate of the company In the history of the scandalous IPO of the world's largest network of coworking WeWork, an intermediate point is set.

Consumer sentiment among Russians has improved dramatically over the past 3 months, according to Sberbank's Ivanov Index. People continue to save on food, but they began to spend more on recreation and entertainment. Sentiment is improving due to "the absence of negative news flow" and revenue growth in the third quarter, explains the head of Sberbank Investment Research, Yaroslav Lisovolik.

The State Duma Budget Committee did not approve the plans of the Ministry of Economic Development (MED) to increase the imputed income tax (UTII) for small businesses by 4.9% - parliamentarians propose to limit growth to inflation. It is reported by RBC.

Rustam Gabdulin, head of the investigation team in the case of "mass riots" at a Moscow rally on July 27 ("Moscow case"), was awarded the medal of the Order of Merit for the Fatherland, first degree. The corresponding decree was signed by Russian President Vladimir Putin. Gabdulin is also investigating a money laundering case at the Anti-Corruption Foundation, as part of the case, he coordinated mass searches at the headquarters of politician Alexei Navalny.

The Canadian-Chinese company, which owns tankers for the Novatek Yamal LNG project, has been released from US sanctions, RBC writes : the company expects to receive all six ordered tankers by the end of the year.

Japanese billionaire and SoftBank CEO Masayoshi Son has agreed to buy out control of the world's largest co-working network WeWork, the WSJ learned . Network founder Adam Neumann will receive about $1.7 billion and will lose all remaining positions in the company - he will leave its board of directors and will be able to attend meetings only as an observer. The deal could be announced as early as this Thursday.

The Central Bank will lower the key rate twice by 50 basis points by the end of the year, this is the forecast given by Sberbank analysts. RBC writes about this. At the next meeting on October 25, the board of directors of the Central Bank will lower the rate to 6.5%, at the meeting in December - to 6%, said Anton Struchenevsky, chief economist of Sberbank. As RBC notes, such a “rapid reduction” of the key rate has not happened since 2016.

The situation with investments in assets of developing countries - stocks, bonds and currencies - is similar to what it was in the US before the mortgage crisis: external prosperity and visible benefits mask big problems, writes Bloomberg . Quote. “The bubble of this economic cycle is inflating in emerging markets (EM). When the recession comes, the problems on them will be very serious,” David Levy, head of the Center for Economic Forecasting them, told the agency. Jerome Levy.

A study by the consulting company McKinsey & Co showed that half of the world's banks may not survive the impending economic downturn. The problem is that they lose to more technological and innovative fintech projects. According to the report, most banks in the world have become economically unviable: their return on capital has not kept pace with rising costs.

The net profit of the largest Russian retailer X5 Retail Group (Pyaterochka, Perekrestok and Karusel networks) for the third quarter of 2019 fell by 72% year-on-year, to 2.24 billion rubles under IFRS, Vedomosti writes with reference to the group's message . The main reasons for the fall are the closure of Karusel hypermarkets, the saturation of the food retail market and the growth in the share of modern retail formats. Details.

Two years ago, the founder of Tinkoff Bank, Oleg Tinkov, was either joking or seriously promised to launch Tincoin cryptocurrency.

One of the largest Russian investors in the IT industry, billionaire Leonid Boguslavsky, has extremely successfully invested in the Datadog cloud application monitoring service: after the company's IPO, Boguslavsky's fortune grew from $1 billion to $1.6 billion, writes Forbes . What's happened? Datadog had a very successful listing on the Nasdaq on September 19, and on the first day of trading, the quotes rose by 40%, and the company's capitalization exceeded $10 billion.

Forbes magazine has published the first ranking of the most influential people in esports, which includes 15 people: players, investors, as well as co-owners and managers of esports clubs. The first place was taken by 20-year-old Dota 2 player Roman Ramzes Kushnarev. Since September, he has been representing the American multi-gaming organization Evil Geniuses.

The share of Russian families whose income (according to their own assessment) is enough only for food and clothes, in the second quarter came close to 50% (49.4%), RBC writes with reference to Rosstat. The growth is mainly explained by a reduction in the share of the poorest Russians who have enough money only for food, by 2 points, up to 14.1%. Reasons.

The Russian business requested European benefits from the state. But where they are given, do not agree to go Photo: PXERE/CC0 Public Domain The Russian business asked the government for the holdings for holdings on the model of the internal offshores operating in Europe, but they cannot or do not want to go to these offshores themselves, because they are firmly associated with the asylum from sanctions, they write Vedomosti.