Stock market news

Alrosa

Alrosa is not negotiating its withdrawal from the joint venture with Angola's Endiama - the Katoka mining company in Angola, the company's press service said. Earlier the African edition of Africa Intelligence reported about the negotiations, citing sources.

Magnit

Retailer Magnit opened the first distribution center for the First Choice hard discounter chain in the Moscow Region. Capacity of the complex with an area of 19.2 thousand square meters is designed to serve up to 200 stores in Moscow, the Moscow region and the nearest cities. Distribution center works according to 3PL-model - a partner of the retail chain is...

Nebius Group

Yandex subsidiary Yango has unveiled its Arabic-speaking AI assistant Yasmina. Presentation of the voice assistant took place at the GITEX technology exhibition in Dubai. Technologies for creating an Arabic-speaking AI assistant were provided by the Yandex Alice virtual assistant and robotics development center. Yasmina can manage a smart home, understands t...

Alrosa

Alrosa is negotiating the sale of its stake in Sociedade Mineira de Catoca due to the deterrent effect of U.S. sanctions imposed on Russian diamonds from March 2022, combined with weakening diamond prices, sources told Africa Intelligence. Russian company owns 41% of Catoca's shares. State-owned Endiama holds a 41% stake, while China's Leviev International-L...

Sistema

On the basis of Medsi Clinical Hospital in Otradnoye, a Radiotherapy and Nuclear Medicine Center was opened. The new building, fully equipped with modern expert equipment, occupies more than 5 thousand square meters. meters. About 1,500 people will be able to undergo treatment at the new center every year.

UTair Aviation

UTair Aviation for 9 months of 2023 transported 4.638 million passengers by airplanes, which is 9.4% more than a year earlier. Growth on international flights amounted to 33.8%, on domestic flights - 4.1%. Passenger traffic by helicopter increased by 10.4% to 0.477 million passengers. Cargo transportation by helicopter fleet increased by 22.4%, to 68.385 tho...

Nebius Group

IT company Yandex has launched testing of unmanned cabs on the federal territory of Sirius and started accepting applications for rides in robot cabs. Testing in Sirius will be a new stage in the development of Yandex's unmanned technologies. This is a complex location for autonomous transportation, where there are many traffic lights, junctions and circles,...

Ford Motor

Ford Motor Board of Directors announced a quarterly dividend of $0.15 per share. The last day to buy securities to receive the dividend is October 30, 2023. The annual dividend yield may reach 5.67%.

X5 Group

X5 Group's net retail revenue for 9 months of 2023 amounted to ₽2.242 trillion, up 19.3% from ₽1.879 trillion in the previous year. Average check was ₽473.8 up 2.2%. LFL sales increased by 8.2% and traffic increased by 5.4%. Revenue from digital businesses totaled ₽81.806 billion, up 69.4% from ₽48.295 billion in the same period last year.

Lenta

Lenta chain announced the acquisition of the Monetka neighborhood retail chain. Monetka currently operates 2,120 stores with a total selling space of 606 thousand square meters. Revenue of the chain for 2022 amounted to ₽177.8 billion, an increase of 29%. In the first half of 2023, the company's revenue grew by 16.8% and LFL sales increased by 8.7%. Amount o...