bne_newspaper_July_26_2019

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2 Top Stories
5 The Regions This Week 9 Chart
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13 Central Europe 14 Southeast Europe 15 Eastern Europe 18 Eurasia
19 Opinion
22 bne Tech
July 26, 2019 www.intellinews.com
Ukrainian Eurobonds, warrants rally after Zelenskiy party's landslide win
bne IntelliNews
The yield on Ukraine’s government bond due 2027 dropped 12 bp to 7.03% on July 23, approaching the lowest level seen since the 2015 debt restructuring, and following the landslide victory in the parliamentary elections of the party of President Volodymyr Zelenskiy.
Sberbank takes on Yandex by teaming up with Mail.ru
Vadim Dumesh in Paris
Russia's largest bank and digital innovation front- runner Sberbank will create a 50/50 joint venture with internet major Mail.ru Group (MRG) in the field of transportation and food delivery on the basis of Citimobil and MRG's Delivery Club, the companies announced on July 25.
The value recovery instrument (VRI), or so-called GDP warrants, guaranteeing additional payments if Ukraine's GDP rebounds strongly in the future under a restructuring deal with the country's private creditors, jumped 1.7 cents, taking the
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The JV is a challenge for Yandex, another internet major and Russia's most valuable digital business. Yandex develops its own food delivery solutions under the Yandex.Eda (Yandex.Food) umbrella.
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