bne_newspaper_May_31_2019

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Content:
2 Top Stories
4 The Regions This Week 8 Chart
10 bne Invest
12 Central Europe 13 Southeast Europe 14 Eastern Europe 17 Eurasia
18 Opinion
20 bne Tech
May 31, 2019 www.intellinews.com
Russian stocks to hit record highs in 2019 say analysts
bne IntelliNews
A Reuters poll of leading analysts says Russia's stock market could hit record highs towards the end of this year if there are no more sanctions or major shocks, the wire reported on May 29.
Russian stocks have already been having a good year with the leading dollar denominated Russia Trading System (RTS) index up 20% as of May 29,
Russian lawmakers mull ban on foreign taxi aggregators
bne IntelliNews
The transportation committee of Russia's State Duma has drafted a bill that would impose stricter regulations on taxi aggregation services and push foreign companies out of the market as well as capping the commission from the ordered rides, RIA Novosti reported on May
28 citing the head of the committee Evgeny Moskvichev.
making it one of the best performing markets in the world YTD.
The RTS index is forecast to rise more than 3% from a May 24 close of 1,279.11 to 1,323 points by the end of the year, the poll showed. By the middle
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The shares of Yandex on Nasdaq dropped by
7% on May 28 to close the trading day at a 4% decline on the announcement. The internet major has 16% of its revenues generated by Yandex. Taxi, a Dutch-registered Yandex.Taxi B.V joint venture with Uber Technologies (36.6%). Foreign
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