Edition:
United States

Polina Devitt

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

Apr 15 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

Apr 11 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

Apr 11 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

Apr 05 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

Apr 02 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.

UPDATE 3-Russian steel magnate ups bet on food retail with Lenta purchase

Apr 02 2019

* Lenta and Mordashov's Utkonos to operate as separate partners

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

Mar 28 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

Mar 01 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

Feb 14 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

Feb 14 2019

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

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