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Russia's Magnit races to open discount stores as living standards slump
Reuters via Yahoo Finance UK· 2 years agoRussian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year...
Russia's Magnit opens first 'hard discount' stores
Reuters via Yahoo Finance UK· 1 year agoMagnit said the new "V1" - which stands for "First Choice" in English - brand will focus on basic products, including fruit, vegetables and bakery goods,...
JP Morgan says client shares in Russia's Magnit may be missing
Reuters via Yahoo Finance UK· 12 months agoLONDON (Reuters) -J.P. Morgan has become the latest major bank struggling to find Russian stocks...
Russian retailer Magnit to buy back 7.8% of shares in additional tender
Reuters via Yahoo Finance UK· 8 months agoMagnit launched the additional offer to buy back blocked shares in October, giving more Western investors an opportunity to withdraw funds from Russia, after attracting significant interest ...
Russia's Magnit completes $736 million buyback from foreign shareholders
Reuters via Yahoo Finance UK· 7 months agoMOSCOW (Reuters) - Russian retailer Magnit said on Friday it had purchased an additional block of shares from foreign shareholders, completing a buyback worth around $736 million that has given ...
Russia's Magnit triples buyback offer after strong foreign demand
Reuters via Yahoo Finance UK· 1 year ago(Reuters) -Russian retailer Magnit on Wednesday said it would almost triple the number of blocked shares it buys back from foreign shareholders in response to strong demand from Western investors ...
Russia's Magnit fully completes $507 million buyback of blocked shares
Reuters via Yahoo Finance UK· 10 months agoRussian retailer Magnit said on Thursday it had fully completed a deal to buy back blocked shares from Western investors at a 50% discount by purchasing shares held through Euroclear, the first ...
Read the email Twitter contractors were sent on Saturday telling them they'd lost their jobs
Business Insider via Yahoo News UK· 2 years agoSome Twitter contractors received an email on Saturday night notifying them they'd been laid...
Russia's Nornickel: cash flow not yet stable enough to resume dividends
Reuters via Yahoo Finance UK· 10 months agoRussian metals and mining giant Norilsk Nickel is not yet generating free cash flow on a stable...
Russia's Detsky Mir completes transformation into a private business
Reuters via Yahoo Finance UK· 10 months agoRussia's largest children's toy retailer Detsky Mir said on Wednesday it had completed its...