Stock market news

The joint venture of Dana and Hydro-Québec - Dana TM4, will build a 4600 sqm factory in Pune, India to produce high and low voltage motors. It will produce electric motors, inverters and vehicle contr…

The Graham Holdings Board of Directors announced a quarterly dividend of $1.45 per share. The last day to buy securities to receive the dividend is October 13, 2020. The annual dividend yield may reac…

Sberbank is investing ₽2 billion in a new Fort Ross Seed Fund managed by Fort Ross Ventures. It will specialize in early-stage investments in startups: Round A and Seed Stage. Up to 200 startups from …

Pacific Gas & Electric restored power to 97 percent of its customers in 22 counties whose power supply was suspended due to forest fire threats.

The Nucor Board of Directors announced a quarterly dividend of $0.4025 per share. The last day to buy securities to receive the dividend is September 28, 2020. The annual dividend yield may reach 3.56…

Virtusa and Baring Private Equity Asia - BPEA signed a merger agreement. The funds affiliated with BPEA will purchase all shares of Virtusa at a price of $51.35 per paper. The total amount will be abo…

Citi CEO Michael Korbat is expected to retire and leave the Board in February 2021 after 37 years with the company. He will be succeeded by Jane Fraser, president of Citi and head of Global Consumer B…

Rosneft started drilling the first well to study hard-to-recover hydrocarbon reserves in the Orenburg region. Oil reserves are expected to increase by more than 70 million tons and gas reserves to 23 …

Enel Russia will continue to build charging stations for electric cars in Russia in 2020, said Stefan Zvegintsov, CEO of the company. In 2019, 14 Enel X fast charging stations were put into operation …

Service Yandex.Eda began delivery of products from the chain stores Dixy. Companies are testing delivery from five stores of the chain in Moscow, and orders in the hall are collected by couriers servi…
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