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NMTP to decide on 2017 dividend after court releases bank accounts

#NMTP’s board may consider convening shareholder meeting to decide on 2017 dividend. Payment has been delayed due to the arrest of NMTP’s bank accounts. Vedomosti report up to 50% of 2017 net profit may be paid to shareholders.

US start-up Diamond Foundry disrupts Polymetal JV plans

Artificial diamond producers like Diamond Foundry force Russia's #Polymetal to close its diamond business in Russia's Arkhangelsk region.

Rouble may weaken after currency controls easing

RUB/USD may surge above 65 due to the new currency regulations. The new law will free exporting companies under the sanctions from mandatory FX revenue repatriation, Raiffeisen Bank analysts say.

Sberbank and Tinkoff head to the floor for mobile money transfer dance

#Sberbank for the first time offers access to its real time card-to-card cash transfer system. The deal, reportedly encouraged by the Central Bank of Russia, benefits #Tinkoff and may threaten Sber's monopoly in money transfers.

Lifting sanctions not the be all as Russian economy goes its own road

Russia GDP growth is unlikely to pick up, even if sanctions imposed in 2014 and 2015 were to be lifted.

Inter RAO continues to buy out its own shares

The company's treasury stake gets close to 30 percent but a public offer is still unlikely

“You are the Cosmos”

Fresh graffiti features Messi, Neymar and astronaut footballers on the walls in the World Cup cities.

Agrokor debt restructure to see Sberbank and VTB in Balkan food production box seat

#Agrokor’s debt settlement is approved, just a few days before Russia meets Croatia in the World Cup quarter finals.

Boris Mints to buy out minority stakes in O1 Properties

This deal should help reach agreement with creditors. O1 Group will pay with assets.

Russian companies see copper deficit in 2019

Hybrid and electric cars are to spur demand while new investment cycle may only start once prices go up to USD 11,000.