Stock market news

Rostelecom

In Russia first metaverse comparable to there that creating by Meta will appear in 2025-2026, said Boris Glazkov, Rostelecom Vice President for Strategic Initiatives. He noted that the country is likely to have one national meta universe, while foreign ones will be restricted by regulators because of the proposed rules and content. Glazkov also called on the...

NOVATEK

Lebanese Ministry of Energy and Water Resources will acquire Novatek's share in the country's offshore exploration projects after the Russian company decided to withdraw from them. The company owns 20% in the project to develop hydrocarbon blocks 4 and 9 on the shelf in the eastern part of the Mediterranean Sea.

Gazprom

Gazprom Holding will supply gas from the Kovykta field to the Kovykta-Chayanda trunk gas pipeline on October 25 to carry out pre-commissioning work under load. Commissioning of the field is scheduled for the second half of December. Kovykta field is the largest field in East Siberia with recoverable reserves of 1.8 trillion cubic meters of gas and 65.7 milli...

Ice steam Rus

Moscow Exchange's decision to exclude Ice Cream Rus shares due to the receipt of a recommendation from trading floor's expert council came as a surprise not only to the seven thousand shareholders, but also to the company's management, said Emin Khydirov, chairman of the board of directors. Management is taking all possible efforts in this situation to resum...

Mastercard

The Mastercard Board of Directors announced a quarterly dividend of $0.49 per share. The last day to buy securities to receive the dividend is October 5, 2022. The annual dividend yield may reach 0.58%.

McDonald's

Three McDonald's restaurants will reopen in Kiev this week. For now, the establishments will operate exclusively for delivery and with expanded employee security protocols. All 109 McDonald's restaurants in Ukraine closed after the start of the Russian special operation in that country. Now, within the next two months, the establishments in Kiev and Western...

Sberbank

Delivery service Sbermarket plans to launch food delivery from cafes and restaurants in a pilot mode by the end of the year. After the pilot is over, the company will evaluate its effectiveness and decide on further development of the project. More recently, the Delivery Club service, which worked in this segment of the delivery market, left the perimeter of...

Rosseti

Shareholders of Rosseti approved the reorganization of the company through its merger with FGC UES. Conversion ratio for Rosseti's ordinary shares is set at 0.09040/0.60580, and for preferred shares at 0.09040/1.27300. The merged company will be called Federal Grid Company-Rosseti, with the abbreviated name Rosseti.

Magnit

Retailer Magnit will invest up to ₽1 billion in the creation of mushroom mycelium production on the basis of the mushroom complex in the Krasnodar Territory. Production volume of 1.5 million liters of mycelium per year will cover 40% of Russian market needs and fully provide Magnit with the seeding material for growing champignons. Today the company imports...

Magnit

Retailer Magnit is considering launching a plant-based meat production facility. "We are really thinking about creating our own vegetable meat production - not because it is fashionable, but because we see in it the opportunities of tomorrow, which are beginning to appear in the minds of consumers and in their demand," said Deputy General Director Ruslan Ism...