Edition:
United Kingdom

Polina Devitt

UPDATE 2-Russia tightens grip over grain exports with state-led association

23 Apr 2019

* Russia wants agriculture exports to reach $45 bln by 2024 (Writes through to add details, context)

Russia's Rusal lands first U.S. investment since sanctions lifted

15 Apr 2019

MOSCOW Rusal is making its first investment in the United States since Washington lifted sanctions against the Russian aluminum giant, teaming up with U.S. manufacturer Braidy Industries to build a mill in Kentucky.

Russia's Sberbank in talks to buy retailer O'Key: sources

11 Apr 2019

MOSCOW Russia's largest lender Sberbank is in talks to buy mid-sized food retailer O'Key, six industry sources told Reuters.

Russia's Sberbank in talks to buy retailer O'Key - sources

11 Apr 2019

MOSCOW, April 11 Russia's largest lender Sberbank is in talks to buy mid-sized food retailer O'Key, six industry sources told Reuters.

Russian retailer Magnit makes $1.8 billion rival bid for Lenta

05 Apr 2019

MOSCOW Russian grocery chain Magnit has made a $1.78 billion non-binding and indicative proposal to smaller competitor Lenta, topping a rival offer from Russian steel magnate Alexey Mordashov, Lenta said on Friday.

Russian steel magnate ups bet on food retail with Lenta purchase

02 Apr 2019

MOSCOW Russian steel magnate Alexey Mordashov has raised his bet on the Russian food retail sector with a deal to buy a 42 percent stake in Lenta, to be followed by a cash offer for all the group's outstanding shares.

Exclusive: U.S.-hired firm audits Russia's Rusal for compliance with sanctions deal

28 Mar 2019

MOSCOW A firm hired by the U.S. Treasury Department is auditing Russian aluminum giant Rusal to check whether it is complying with the terms of a deal under which Washington agreed to lift sanctions on the company, Rusal said.

Russia helping Venezuela with wheat supplies, says foreign minister

01 Mar 2019

MOSCOW Russian Foreign Minister Sergei Lavrov said on Friday that Moscow was helping Venezuela with supplies of wheat, hours before a Reuters reporter saw a Venezuela-bound cargo ship carrying Russian wheat transit the Bosphorus.

Russian markets flinch at prospect of tough new U.S. sanctions

14 Feb 2019

MOSCOW/LONDON The threat of new U.S. sanctions rocked Russian markets on Thursday, as investors were left wondering whether they had been getting too complacent about what had been a long-expected move.

UPDATE 2-Leading Russian state bank tightens grip on Black Sea grain export hub

14 Feb 2019

* Novorossiisk is Russia's main deep-sea grain export hub (Adds context, reaction of traders)

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