Stock market news

Aeroflot

Aeroflot Airlines resumes flights from Moscow to Colombo, the capital of Sri Lanka, starting from October 9. At the initial stage the flights will be performed twice a week. On October 30 flights to Bangkok, the capital of Thailand, will be resumed. They will be performed seven times a week. And from November 2 the airline will perform up to three flights a...

Nebius Group

Arkady Volozh, the founder of Yandex, offered Alexei Kudrin, the head of the Accounts Chamber, 5% of Yandex for a move into the company and assistance in separating the Russian and international businesses, Forbes sources told. Arkady Volozh wants to spin off the unmanned car business into a separate legal entity and develop it abroad, while the remaining as...

Glencore

Glencore is buying 18.75% of the MARA project from Newmont for $124.9 million. Glencore will also pay up to $50 million more after production starts. After the deal is completed, Glencore's share in the project will be 43.75%. MARA has proven and probable reserves of 5.4 million tons of copper and 7.4 million ounces of gold contained in 1.105 billion tons of...

Newmont Goldcorp

Newmont is selling 18.75% of MARA project to Glencore for $124.9 million. Glencore will also pay another up to $50 million after production starts. After the deal is completed, Glencore's share in the project will be 43.75%. MARA has proven and probable reserves of 5.4 million tons of copper and 7.4 million ounces of gold contained in 1.105 billion tons of o...

Ford Motor

Ford has begun building a BlueOval City manufacturing facility in West Tennessee. Facility will create a new electric truck and advanced batteries for future Ford and Lincoln vehicles. Total investment in project is $5.6 billion.

MOEX Group (Moscow Exchange)

Chairman of Supervisory Board of Moscow Exchange Sergey Shvetsov asked Bank of Russia to pay attention to fact that some banks are trying to become stock exchanges, taking exchange liquidity for themselves and locking the client in their structure. "I am absolutely not against competition, but this competition should not be fueled by regulatory arbitrage," h...

Gazprom Neft

Gazprom Neft and Sovcomflot carried out first bunkering of a marine vessel with gas motor fuel in the history of the Russian transport industry. Bunkering operation for the green tanker Prospekt Korolev by the vessel Dmitry Mendeleev took place in the port of Ust-Luga. LNG bunkering vessel Dmitry Mendeleyev owned by Gazprom Neft is first Russian specialized...

Sovcomflot

Sovcomflot and Gazprom Neft carried out the first bunkering of a marine vessel with gas motor fuel in the history of the Russian transport industry. Bunkering operation for Sovcomflot's green-series tanker Prospect Korolev by Gazprom Neft's vessel Dmitry Mendeleev took place in the port of Ust-Luga. Tanker took on board 1,432 cubic meters of LNG fuel; the du...

EN+ Group

En+ Group currently retains plans to build four hydropower plants, Mikhail Khardikov, head of the company's energy business, said. There has been no revision of investments in hydropower plants yet, as the company currently has no mechanism for investment and payback. "They need to be reviewed when the start of construction in 6-9 months, and the company is...

KuibyshevAzot

KuibyshevAzot shareholders approved a dividend of ₽15 per common and preferred share for the first half of 2022. The last day for buying securities to receive dividends is September 29, 2022. The dividend yield on ordinary shares may be 3.7%, on preferred shares - 3.6%.