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BNY Mellon intends to terminate depositary agreement for Russian retailer's GDR program - Business & Economy

The company has 90 days after receiving the resignation notice to appoint a new depositary and at least 90 days to terminate the program if no successor is appointed ....

Jokey Group , Group Gdrs , New York Mellon , O Key Group ,

Discount store formats drive growth for Russian retailers

MOSCOW (Reuters) - Discount store formats are driving sales and profit growth at two of Russia's major retailers, the companies said on Tuesday, following a trend in which consumers battling inflation and economic decline have switched to cheaper goods. | 05:17am ....

Jake Cordell , Ed Osmond , Olga Popova , Jokey Group , O Key Group , Alexander Marrow , Louise Heavens ,

Russian rouble hits more than 3-week low

The Russian rouble has slipped to more than a three-week low against the dollar as the currency has been under external pressure since a Western price cap on Russia's oil sales. ....

Rosbank Research , European Union , Jokey Group , O Key Group ,