The express food delivery service will only stay in markets where it is already number one or two in terms of market share, or can see a clear path to achieving this status.
The coronavirus is going to do serious economic damage to Russia’s economy and with most of the population locked down for at least a month, and maybe more, the retail sector is in the front line.
The torrent of capital fleeing Emerging Markets (EMs) securities has stopped and these markets saw a modest inflow in April, reported the Institute of International Finance (IIF) on May 4.
The €2.1bn Baltic Pipe will carry gas from the Norwegian Sea via Denmark to Poland, starting in 2022. Poland needs the pipeline to reduce its dependence on Russian gas imports.
May 1 marks the end of the first 100 days since Prime Minister Mikhail Mishustin took over at the helm of the Russian government, and if a week is a long time in politics then three months is a geological age.