Edition:
United States

Olga Sichkar

China's Chengtong in talks to buy a Moscow hotel from VTB

Nov 06 2018

MOSCOW China's Chengtong Holdings Group [SASACA.UL], a state-owned investment and asset-operating company, is in talks with Russian real estate developer Hals Development to buy the Peking Hotel in central Moscow, three sources familiar with the talks said.

Sanctions push last Western hotel chain out of Crimea

Aug 03 2018

MOSCOW/SEVASTOPOL, Crimea U.S. firm Best Western Hotels & Resorts, the last Western hotel chain still in Crimea, has pulled out because of sanctions imposed after Russia annexed the region from Ukraine, two hotel employees said.

Managers of Russian builder Etalon want to buy stake from founder

Jul 25 2018

MOSCOW The management of Russian homebuilder Etalon is looking at buying a stake from the company's founder Vyacheslav Zarenkov, the company told Reuters on Wednesday.

Russia's troubled Nureyev production sweeps board at ballet awards

Jun 06 2018

(In a June 5 article, corrects Serebrennikov's role in the production in paragraph 2 and corrects reference to his replacement's role in paragraph 3.) | Video

O'Key aims to emulate Lidl to fill Russian retail niche

May 14 2018

MOSCOW O'Key hopes its Russian discounters can mirror the rise in Europe of German-owned chains Lidl and Aldi as Russian consumers count their pennies, its chief executive said.

Exclusive: Russian pension fund Budushchee up for sale after bank bailouts - sources

Mar 23 2018

MOSCOW Russian businessman Boris Mints wants to sell the country's third-largest pension fund, Budushchee, after two banks in its portfolio were bailed out, potentially triggering up to $370 million in losses, five people familiar with the matter said.

Russia's M.Video, Eldorado merge in $800 million deal

Mar 22 2018

Russia's electrical goods retailer M.Video and rival Eldorado, both owned by Safmar Group, have been merged in a 45.5 billion rouble ($798 million) long-expected deal.

Hopeful but wary, pizza chain Sbarro plots Russia return

Mar 02 2018

MOSCOW U.S. pizza brand Sbarro [SBARO.UL] is re-entering the Russian market, encouraged by a nascent economic recovery but wary of taking aggressive steps after its long-time franchisee fell prey to a downturn.

Fridman says not sure how U.S. oligarchs list will impact business

Feb 01 2018

MOSCOW Billionaire businessman Mikhail Fridman, a member of the supervisory board of Russian food retailer X5 , said it was difficult to predict how his inclusion on an "oligarchs' list" by the United States would affect his business empire.

Russian central bank considering buying VTB's skyscraper in Moscow City -sources

Dec 12 2017

MOSCOW, Dec 12 Russia's central bank is considering buying Eurasia Tower, a skyscraper owned by state bank VTB in the Moscow City business district, as it looks for office space in the area, according to two sources familiar with the matter.

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