Bezos and the White House argued over Biden’s calls for gas station owners to lower prices, and the dollar and euro rose by 2 rubles on the Moscow Exchange – these and other important news for Monday morning, July 4, in our daily review.

Amazon (NASDAQ:AMZN) founder Jeff Bezos accused the White House of not understanding market dynamics after U.S. President Joe Biden urged gas station owners to lower gasoline prices, Forbes writes. The White House, represented by spokeswoman Karine Jean-Pierre, responded by accusing one of the richest men in the world of supporting those who profit from Americans. The exchange took place on the social network Twitter (NYSE:TWTR), where Biden published his address to gas station owners.

The dollar rose by 2 rubles to 56.5 rubles in early trading on the Moscow Exchange on Monday. The euro rose by 2.36 rubles to 58.9 rubles. The ruble dynamics this week may be determined by expectations of decisions on possible currency interventions. According to PSB analysts, the launch of interventions in conditions of weakening of currency sales by exporters after the tax period can push the dollar to the region of 60 rubles.

VK Holding plans to enter the market of online housing reservation – it is considering the purchase of Krasnodar service Tvil and Ulyanovsk “Sutno.ru”, writes Forbes with reference to a source in one of the online booking services and confirmed a source in a venture capital company. According to a source in one of the online booking services, VK is considering other players in this market after Booking.com and Airbnb (NASDAQ:ABNB).ru left Russia.

China, which does not mine palladium itself, exported 5.2 thousand troy ounces of the metal to Italy, Canada and Hong Kong in January-May, while in 2021 exports were almost ten times less and amounted to only 55 troy ounces, Kommersant reported, citing Chinese customs data.

Russian management has bought out French Schneider Electric’s business in Russia and Belarus, Alexei Kashayev, who until recently was president of Schneider Electric in Russia and USA, told RBC. On Monday, July 4, this was also announced by the parent company. Regulator approvals will be required to close the deal, it said in its statement.