Russian steel and mining company Evraz Group, part-owned by Roman Abramovich, intends to buy up to 51% of Singapore-listed Delong Holdings for about $1.49 billion. Russia says itconsiders Vietnam “a prospective market”. Temporary restrictions have been imposed on wheat exports to Belarus and Kazakhstan. OboronImpex, a unit of Russian state arms exporter Russian Technologies, is considering selling a 16% stake in titanium producer VSMPO-Avisma. Inflation is the “main reason” for reduced savings in Russia.
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