Russia

ADM's Earnings Top Forecasts On Strong Crush Margins, Buoyant Demand

Archer-Daniels-Midland Co said robust soy crushing margins and hefty global demand for crops had propelled the US grains merchant to a record fourth-q...

Russia's Magnit To Establish New Discount Chain: Reports

Russian supermarket chain Magnit is planning to create a new discount grocery chain, Russian business newspaper Kommersant has reported, citing two sources...

Ukraine 2022 Grain Harvest 93% Complete At 49.5 Million Tonnes: Ministry

Ukrainian farms had harvested 49.5 million tonnes of grain from 93% of the expected area as of 6 January 2023, the agriculture ministry said.

Kellogg Divests Russian Operations To Local Snacks Maker Chernogolovka

Kellogg Co has decided to divest its operations in Russia to local snacks and drinks maker Chernogolovka, as the company joins a long list of Western brand...

Ukraine To Ensure Power Supply To Key Agriculture Facilities

The Ukrainian government has authorised the agriculture ministry to identify critical facilities in the agriculture sector that should be prioritised for r...

Russia's Magnit Races To Open Discount Stores As Living Standards Slump

Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options...

UK's Mondi To Sell Three Russian Packaging Converting Operations

Mondi plc has announced that it is to sell three of its Russian packaging converting operations to Moscow-based Gotek Group for RUB 1.6 billion (€24 m...

Russian Weekly Consumer Prices Rise More Slowly Before Rate Decision

Weekly consumer prices in Russia rose again but more slowly than the week before, latest data showed, all but confirming widely-held expectations that the...