... euro-denominated bonds. Corporate Dividends: Although Russia-specific, dividend announcements like those from Fix Price and Novorossiysk Grain Products Plant provide insights into shareholder return trends in resource-heavy markets. Key Corporate Reports Russian Companies: NPO "Nauka" (NAUK): Extraordinary general meeting to approve dividends of 2.92 rubles per share for the first nine months of 2024. Shareholders will focus on payout sustainability and growth prospects in challenging economic conditions....

... macroeconomic changes. Why is the Central Bank Introducing the Countercyclical Capital Buffer? Rising Credit Risk. In recent years, Russian banks have demonstrated high activity in the lending sector, which has increased the risks of overheating. Elevated levels ... ... bonds. The introduction of the countercyclical capital buffer may enhance the attractiveness of other sectors such as industrial companies, energy, and telecommunications. The Central Bank of Russia's decision to introduce the countercyclical capital buffer ...

... Ministry of Energy to work on this issue and submit the necessary proposal," Novak told reporters in the sidelines of the Russian Economic Forum (quoted by RIA Novosti). He explained that the ministry should complete this task "in the near future.... ... will definitely have to make a decision to allow exports," he added. The Vice Prime Minister clarified that, otherwise, companies might be forced to reduce production volumes. RBC has sent a request to the Ministry of Energy’s press service....

... following the anticipated ban and the government’s decision lasted only a few days, and by July 30, exchange prices were again on the rise. As noted by Sergey Tereshkin, CEO of the oil product marketplace OPEN OIL MARKET, under the export ban, oil companies have no choice but to slow the growth of retail prices. However, significant changes in the wholesale and exchange segments are unlikely, mainly due to declining profitability. According to the latest data from Rosstat, the net profits of Russian oil refineries fell by 61.5% in the first five months of 2025, amounting to RUB 521.5 billion. Such a drastic decline is largely attributed to a reduction in subsidies for oil producers. While the payments under the "damping" mechanism ...

... became one of the reasons for the rally in the fuel market," he noted. Commenting on the possible timeline for lifting the export ban on gasoline, Tereshkin suggested it could happen in November. "To achieve the lifting of the export ban, companies will need to keep retail prices in check over the next three months," he added. The ban on the export of Russian gasoline was reinstated on August 1. It is expected to remain in effect during September and October. Meanwhile, the export ban on diesel fuel, according to Pavel Sorokin, first deputy head of the Ministry of Energy, is not required. Translated ...