Uber Eats exits all but core CEE markets

bne IntellNews May 5, 2020

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.

TELEBRIEF: Russian retail in the time of corona

Ben Aris in Berlin May 5, 2020

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.

Capital outflows from EMs reverse in April to modest gains

bne IntelliNews May 5, 2020

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.

Poland signs contract with Italy’s Saipem to lay Baltic Pipe

Wojciech Kosc in Warsaw May 4, 2020

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.

MOSCOW BLOG: Prime Minister Mikhail Mishustin 100 days of servitude

Ben Aris in Berlin May 4, 2020

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.