Olga Popova

Coronavirus lockdown drives jump in vodka and whisky sales in Russia

3:22pm IST

MOSCOW Russian retailers have seen a sharp spike in alcohol sales in recent weeks, with consumers rushing to buy vodka, whisky and beer at a time when Moscow and other regions have imposed partial lockdowns to stem the spread of the coronavirus.

RPT-UPDATE 2-Russia's vegoil union seeks sunseeds export limits for 6 months

25 Mar 2020

MOSCOW, March 25 Russia's vegetable oil union has asked the agriculture ministry to restrict sunflower seed exports for six months from April 1 following a surge in domestic prices due to a fall in the rouble currency, the head of the union said on Wednesday.

UPDATE 1-Sovcombank readies rare Russian IPO for first half 2020 – sources

17 Feb 2020

MOSCOW/LONDON, Feb 17 Sovcombank is preparing a stock market listing in the first half of this year, sources familiar with the matter told Reuters, in a sign of a potential revival in the Russian IPO market weighed down by international sanctions in recent years.

UPDATE 1-Baring Vostok sells EMC stake to cancer care group

14 Feb 2020

* Baring Vostok say sale corresponded to 'planning horizon' (Updates with detail, context, possible IPO)

UPDATE 1-Russia's c.bank to sell Otkritie and Sberbank within a year

13 Feb 2020

MOSCOW, Feb 13 The Russian central bank plans to start selling Otkritie bank, which it bailed out three years ago, in 2021, governor Elvira Nabiullina said on Thursday, in a move which heralds major changes ahead for the domestic banking sector.

Russia's X5 retailer focuses on growing demand for convenience foods

15 Aug 2019

MOSCOW Russia's top food retailer X5 is gearing up to compete with burgeoning online players to meet growing demand for convenience foods from time- and price-conscious consumers, Chief Executive Officer Igor Shekhterman told Reuters.

Russia's Gazprom sells discounted 2.9% stake to one bidder, raises $2.2 billion

26 Jul 2019

MOSCOW Russia's Gazprom, the world's largest conventional gas producer, has raised about $2.20 billion from selling a 2.9% stake to a single buyer at a large discount to the market price.

UPDATE 2-Russia's Gazprom sells discounted 2.9% stake to one bidder, raises $2.2 bln

26 Jul 2019

* Gazprom says there was one buyer (Adds details, background)

Russia's Gazprom to sell 3% of own shares, bids exceeded $3 billion

25 Jul 2019

MOSCOW Russia's Gazprom , the world's largest conventional gas producer, has received bids worth $3.15 billion for 3 percent of its own shares that it decided to sell after the stock hit its highest level in more than a decade.

Russia's Sberbank in talks to buy retailer O'Key: sources

11 Apr 2019

MOSCOW Russia's largest lender Sberbank is in talks to buy mid-sized food retailer O'Key, six industry sources told Reuters.

World News

PM Johnson 'getting better' in intensive care

British Prime Minister Boris Johnson was getting better on Thursday in intensive care where he is battling COVID-19 as his government extended its bank overdraft facility and reviewed the most stringent shutdown in peacetime history.