Stock market news

JD.com

JD.com's GAAP net income for 6 months of 2022 was CN¥0.51 billion, down 8 times from CN¥4.12 billion in the previous year. Revenue rose 11.1% to CN¥507.26 billion from CN¥456.7 billion a year earlier.

MMC Norilsk Nickel

MMC Norilsk Nickel started prototyping the latest nickel and cobalt-based alloys that are in demand in the aviation, space, nuclear, chemical, and oil & gas sectors. Smelting operations are carried out at the Company's Kola Division. The nickel alloys market volume is about $10 bln. It is expected that in five years this market will increase by 8-10%.

VK

My.Games Store and My.Games Cloud will continue to operate as part of VK Play as of September this year. Both services will retain their full functionality, and full integration with VK Play will improve the user experience, provide seamless interaction with other VK Play services, and open up new opportunities for players and developers. VK Play will also e...

Block

Square launches its first integration with Clearpay in the UK. Merchants can now offer Clearpay's Buy Now, Pay Later installment payment service. UK will be the first market in which BNPL will be available on all platforms simultaneously: online and offline stores, and can also be integrated by Square developers and partners.

Far-Eastern Shipping Company

Fesco launched the seasonal Fesco Amur River Bridge service for cargo delivery from the Chinese port of Fuyuan to Khabarovsk on the Amur River. Navigation period lasts until October inclusively. Estimated travel time is six hours. River vessels will depart from/to Khabarovsk once a week. First vessel with cargo for the service left Fuyuan port on August 17.

Nebius Group

IT-company Yandex concluded a definitive agreement on the sale of content platforms Zen and News to VK. As the only compensation for these assets, Yandex will receive 100% of the food delivery service Delivery Club. Closing deal is scheduled for next few months.

VK

VK announced the signing of binding documents, according to which the company will receive 100% in the food delivery service Delivery Club and withdraw from the JV with Sberbank - O2O Holding. Deal is planned to be closed by the end of the year. In the future, VK plans to transfer Delivery Club to Yandex as part of the deal to acquire the content platforms Z...

Positive Technologies Group

Ministry of Science and Technology will create a register of unacceptable cybersecurity events by the end of the year. Companies, primarily government agencies and CII subjects, will have to determine which events are likely to be characteristic of them and report them to the government and monitor the absence of such cybersecurity breaches. The new registry...

Sberbank

VK announced the signing of binding documents, according to which the company will receive 100% in the food and grocery delivery service Delivery Club and leave the JV with Sberbank - O2O Holding. All other assets of the joint venture, including carsharing Citidrive and the service of express delivery of products Samokat, go to Sberbank. Deal is planned to b...

UTair Aviation

Airline UTair after the introduction of Western sanctions has bought from SberLeasing planes and most of the helicopter fleet, said Deputy Chairman of Sberbank Anatoly Popov. At the same time, the company did not apply to Sberbank for a revision of the terms of loans, the repayment schedule is observed, said the banker.