Stock market news

NanduQ (QIWI)

Qiwi is in the process of acquiring a majority stake in a digital advertising company in EMEA, which includes Europe, the Middle East and Africa. Qiwi does not specify the amount of the deal or which company it is talking about. It is planned to complete the acquisition of the stake by the end of this year, after obtaining the consent of antimonopoly authori...

Ozon Holdings

Ozon began selling goods from H&M, Europe's largest clothing and accessories retailer, which has decided to leave Russia. Ozon itself is listed as the seller on the product cards. These are original products, and their quality is confirmed by all necessary documents, the press service of the marketplace noted. Now customers have access to men's and women's c...

NanduQ (QIWI)

QIWI's IFRS net income for 9 months of 2022 was ₽9.686 billion, down 27.8% from ₽13.423 billion in the previous year. Revenue increased 15.4% to ₽36.687 billion compared to ₽31.793 billion a year earlier.

Rocket and Space Corporation Energia

RSC Energia in August put up for auction boarding house Vostok on the Black Sea coast of Krasnodar Krai. Starting price was ₽727 million. Initially, an auction was scheduled for October 5, but then the deadline for submission of bids was moved to November 10, and the auction was moved to November 16. As a result, electronic auction anyway was declined invali...

Gazprom

Gazprom has signed an additional contract with Azerbaijan's SOCAR to supply up to 1 billion cubic meters of gas until March 2023. Russian company supplied gas to Azerbaijan from 2000 to 2006. Then, due to the increase in production from the Shah Deniz field, supplies stopped. However, they resumed in 2017-2018, but then Azerbaijan again refused Russian gas....

MMC Norilsk Nickel

Norilsk Nickel's Talnakh Concentrator resumed operation, which was interrupted today due to a burst tailing pipe. Driver of the Baikal 2000 landfill, which removes municipal household waste, forgot to lower the dump truck body and damaged the tailing pipe of the plant. Liquid from the pipeline was sprayed on the snow in the form of ice on the territory of up...

X5 Group

X5 Retail Group opened the jubilee 200th outlet Many Salmon in St. Petersburg. Company plans to open sushi points in Voronezh, Kazan, Tyumen and Surgut by the end of the year. Foodtech-project Plenty Salmon, which develops a federal chain of dark kitchens, joined X5 Retail Group at the end of March 2021. Currently it combines more than 50 kitchens, 200 sushi...

Nebius Group

Marketplace Yandex Market bought out all the stock of the Russian division of IKEA. It is about more than 20 million goods in all categories represented in the Swedish network, from furniture to soft toys and home accessories. Special section "Goods IKEA and analogues" appeared on "Yandex Market" at the beginning of August. Since its launch it has attracted...

JD.com

JD.com's GAAP net income for 9 months of 2022 was CN¥6.47 billion, up 7.6 times from CN¥0.851 billion in the previous year. Revenue rose 11.1% to CN¥750.79 billion from CN¥675.69 billion a year earlier.

General Motors

General Motors has agreed with Brazilian mining giant Vale SA to supply nickel for batteries in future electric cars starting in 2026. The automaker aims to reduce the cost of its Ultium battery cells to less than $70 per kWh by the middle or end of the decade, as the company expects competition in the electric-car market to intensify after 2025. The industr...