Russia

Russia's Magnit Fully Completes $507m Buyback Of Blocked Shares

Russian retailer Magnit said it had fully completed a deal to buy back blocked shares from Western investors at a 50% discount by purchasing shares held th...

Ukraine Says It's Shipping Grain Via Croatian Ports

Ukraine has started exporting grain via Croatian seaports, aiming to broaden its export routes while its Black Sea ports are blocked, a senior Ukrainian of...

Lloyd's In Talks With UN Over New Black Sea Grain Insurance Cover: CEO

Lloyd's of London is in talks with the United Nations over providing insurance cover for Ukrainian grain shipments if a new Black Sea corridor deal can be...

BAT Agrees Deal To Sell Russian, Belarusian Businesses

British American Tobacco has announced it has formally entered into an agreement to sell its Russian and Belarusian businesses in compliance with local and...

Ukraine's 2023 Grain And Oilseed Crop Forecast Raised

The forecast for the combined grain and oilseeds 2023 harvest outlook for Ukraine has been increased by 3.7 million metric tonnes to 80.5 million tonnes, g...

Russia Hopes To Raise Fish, Seafood Exports To China After Japan Ban

Russia hopes to increase its marine product exports to China in the wake of China's ban on Japanese seafood imports after the release of treated radioactiv...

Heineken Exits Russia With One-Euro Sale Of Operations

Dutch brewer Heineken has completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic one euro.

JDE Peet's To Stop Selling Western Coffee, Tea Brands In Russia By Year-End

JDE Peet's will from the end of the year sell coffee and tea in Russia only under local brands, it said, as it lowered its annual earnings target, saying t...