Russia

Wheat Rises As Dry Weather In Key Exporters Triggers Supply Concerns

Chicago wheat prices rose on Monday as traders worried about dry weather shrinking harvests in Argentina and Australia and Russian attacks damaging Ukraine...

Brewer Carlsberg Ends License Agreements In Russia

Carlsberg recently said that it has terminated its license agreements in Russia following Moscow's decision earlier this year to take control of the D...

Russian Wheat Export Prices Almost Unchanged For Third Week On Low Demand

Russian wheat export prices maintained their levels last week in the face of a tacit minimum delivery price restriction.

French Consumers Massively Cutting Essential Purchases, Carrefour CEO Warns

The CEO of French retailer Carrefour warned on Tuesday that consumers were massively curbing purchases of essential staples due to high prices.

BP Urges More Oil, Gas Investment While Speeding Energy Transition

BP said that the world must invest in the production of oil and gas to avoid to sharp price spikes while accelerating the energy transition to combat green...

Heineken Exits Russia With One-Euro Sale Of Operations

Dutch brewer Heineken said on Friday it had completed its exit from Russia by selling its operations there to Russia's Arnest Group for a symbolic €1.

JDE Peet's Lowers Earnings Target Due To Shift To Local Brands In Russia

JDE Peet's, one of the world's largest coffee companies, lowered its annual earnings target, saying the impact of a decision to stop selling its...

Reckitt, BAT Stay The Course On Russian Business Plans

Household products group Reckitt and Lucky Strike maker British American Tobacco said recently that they will stick to their existing plans on how to deal...