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Goodbye Lenin? Russians flock to see Bolshevik leader's tomb before it closes for repairs
Goodbye Lenin? Russians flock to see Bolshevik leader's tomb before it closes for repairs

Arab News

time10-06-2025

  • Politics
  • Arab News

Goodbye Lenin? Russians flock to see Bolshevik leader's tomb before it closes for repairs

MOSCOW: Russians are flocking to catch what some fear could be a final glimpse of the embalmed body of Bolshevik leader Vladimir Lenin before his tomb on Moscow's Red Square, long a place of pilgrimage for communists, closes for repairs until 2027. The mausoleum, which houses a waxy-looking Lenin replete in a three-piece suit inside what is purportedly a bullet-proof, blast-proof glass case, is due to be structurally overhauled after an inspection uncovered problems. Once a popular attraction for Western tourists and still a favorite for Russians visiting the capital from the regions, the red and black granite structure is expected to close in the coming weeks, with repair work set to last until June 2027. Officials say that the body of Lenin, who died in 1924 after helping to establish the world's first socialist state, is not going anywhere and that the central hall where he lies in state will not be touched. But news of the temporary closure has seen long lines form to get into the mausoleum, with some visitors fearing it could be their last chance to see Lenin. 'From a historical point of view, I want to witness his being in a mausoleum because I think Lenin will be buried at some point, maybe in the future or near future,' said Tatyana Tolstik, a historian from Ulyanovsk, the city on the Volga where Lenin was born. A young woman called Snezhana, who did not give her surname, said she wanted to 'dive into the past' because she was also unsure how long it would be possible to visit the mausoleum. The Communist Party, which ruled the country from the 1917 Bolshevik Revolution until the collapse of the Soviet Union in 1991, is fiercely opposed to the removal of Lenin's body, and Gennady Zyuganov, the party's veteran leader, has said President Vladimir Putin has assured him it will not happen on his watch. The Kremlin has repeatedly denied plans to permanently close the mausoleum.

Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says
Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says

Yahoo

time09-06-2025

  • Business
  • Yahoo

Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says

(Reuters) -Production was temporarily suspended at an electronics company in Russia's Volga river region of Chuvashia, some 1,300 km (800 miles) from the border with Ukraine, after two drones fell on the plant's territory, the head of the region said on Monday. The strike - among the deepest into Russia by a Ukrainian drone in more than three years of the war - caused no casualties, Chuvashia Governor Oleg Nikolayev said in a statement on the Telegram messaging app. But "the responsible decision was made to temporarily suspend production to ensure the safety of employees" of the VNIIR enterprise where the drones fell, Nikolayev said. It was not immediately clear whether the drones caused any damage. Nikolayev said that another drone fell onto some fields in the area of the capital of the region, Cheboksary. The Russian defence ministry - which reports only how many drones were destroyed not how many Ukraine launched - said on Telegram that its units downed two drones over Chuvashia. In total, it said, air defence systems destroyed 49 Ukrainian drones overnight over Russia. According to photos and videos on unofficial Russian and Telegram news channels, the drones sparked a fire at the VNIIR plant that they said produces components for electronic warfare. Reuters could not independently verify the reports. There was no immediate comment from Ukraine. Kyiv has often said that its attacks inside Russia are aimed at destroying infrastructure key to Moscow's war efforts and are in response to the continued Russian strikes on Ukraine. The VNIIR Russian Scientific Research Design and Technological Institute of Relay Engineering with experimental production in Chuvashia is on the U.S. sanctions list, according to the U.S. Treasury website. A Ukrainian drone attack on the Voronezh region that borders Ukraine damaged a gas pipeline, cutting off gas supplies to 22 clients, the region's governor, Alexander Gusev, said on the Telegram.

Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says
Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says

Reuters

time09-06-2025

  • Business
  • Reuters

Ukraine's drone attack halts work at electronic plant in Chuvashia, Russia says

June 9 (Reuters) - Production was temporarily suspended at an electronics company in Russia's Volga river region of Chuvashia, some 1,300 km (800 miles) from the border with Ukraine, after two drones fell on the plant's territory, the head of the region said on Monday. The strike - among the deepest into Russia by a Ukrainian drone in more than three years of the war - caused no casualties, Chuvashia Governor Oleg Nikolayev said in a statement on the Telegram messaging app. But "the responsible decision was made to temporarily suspend production to ensure the safety of employees" of the VNIIR enterprise where the drones fell, Nikolayev said. It was not immediately clear whether the drones caused any damage. Nikolayev said that another drone fell onto some fields in the area of the capital of the region, Cheboksary. The Russian defence ministry - which reports only how many drones were destroyed not how many Ukraine launched - said on Telegram that its units downed two drones over Chuvashia. In total, it said, air defence systems destroyed 49 Ukrainian drones overnight over Russia. According to photos and videos on unofficial Russian and Telegram news channels, the drones sparked a fire at the VNIIR plant that they said produces components for electronic warfare. Reuters could not independently verify the reports. There was no immediate comment from Ukraine. Kyiv has often said that its attacks inside Russia are aimed at destroying infrastructure key to Moscow's war efforts and are in response to the continued Russian strikes on Ukraine. The VNIIR Russian Scientific Research Design and Technological Institute of Relay Engineering with experimental production in Chuvashia is on the U.S. sanctions list, according to the U.S. Treasury website. A Ukrainian drone attack on the Voronezh region that borders Ukraine damaged a gas pipeline, cutting off gas supplies to 22 clients, the region's governor, Alexander Gusev, said on the Telegram.

Rockwell Automation Hits 52-Week High: What's Driving Its Performance?
Rockwell Automation Hits 52-Week High: What's Driving Its Performance?

Yahoo

time29-05-2025

  • Business
  • Yahoo

Rockwell Automation Hits 52-Week High: What's Driving Its Performance?

Rockwell Automation Inc. ROK scaled a new 52-week high of $314.94 on Wednesday before ending the session a tad lower at $312.39. The company currently has a market capitalization of $35.3 billion and a Zacks Rank #3 (Hold). Improved 2025 Guidance: Rockwell Automation plans to mitigate tariff costs through pricing actions and supply-chain optimization. The company increased its adjusted EPS guidance for fiscal 2025 to $9.20-$10.20. It earlier expected an adjusted EPS of $8.60-$9.80. The mid-point of the updated guidance range indicates no year-over-year change, whereas the earlier mentioned range suggested a decline of 5%.Focus on Portfolio Expansion: ROK is well-positioned to benefit from broadening its portfolio of hardware and software products, solutions, and services. It is also gaining traction from investments in the cloud. The company's FactoryTalk Design Studio includes a copilot, which improves automation system design efficiency and is integrated into this cloud-native application, an industry investments to globalize manufacturing, product development, building channel capability and partner networks will drive growth. The company is likely to witness above-market organic sales growth by expanding its served markets and improving offerings that will provide it with a competitive company continues to drive process improvement, functional streamlining, material cost savings and manufacturing productivity to augment earnings Actions: Rockwell Automation plans to implement actions, which include restructuring, to adjust its cost structure. It achieved productivity savings of around $110 million in the second half of fiscal 2024. The company is on track to reach around $250 million in year-over-year productivity benefits in fiscal increase actions to mitigate the impacts of inflationary pressures are also likely to improve margins. The company remains focused on buyouts that will augment its information solutions, and high-value service offerings and capabilities while expanding its global presence or enhancing process expertise. On Tuesday, the company announced that its newly released EtherNet/IP In-cabinet Solution aided Volga, a Rockwell Systems Integrator Partner, to reduce control panel wiring time by 66%. Volga's results also showed a 36% smaller panel footprint and a 32% weight reduction. This success demonstrates the value of our ethernet-enabled technology in driving productivity and competitiveness. This solution enables manufacturers to design and build sustainable, higher-quality control panels more efficiently. In the past year, Rockwell Automation shares have gained 24.6% against the industry's 11.8% decline. Image Source: Zacks Investment Research Some better-ranked stocks from the Computer and Technology space are Ubiquiti Inc. UI, Flex Ltd. FLEX and Greenland Technologies Holding Corporation GTEC. These the companies carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks has an average trailing four-quarter earnings surprise of 29.9%. The Zacks Consensus Estimate for Ubiquiti's 2025 earnings is pegged at $8.22 per share. UI shares have skyrocketed 189.9% over the past has an average trailing four-quarter earnings surprise of 16.2%. The Zacks Consensus Estimate for FLEX's fiscal 2025 earnings is pegged at $2.91 per share. Flex's shares gained 26.5% last Technologies has an average trailing four-quarter earnings surprise of 17.7%. The Zacks Consensus Estimate for Greenland Technologies's 2025 earnings is pegged at 48 cents per share. GTEC shares have risen 39.9% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rockwell Automation, Inc. (ROK) : Free Stock Analysis Report Flex Ltd. (FLEX) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report Greenland Technologies Holding Corporation (GTEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

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