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. Last Updated: 07/27/2016

For the Record

  • Seventh Continent's sales in August advanced 4 percent on the same period last year to 3.68 billion rubles ($121 million), the retailer said in a statement on its web site Thursday. (Bloomberg)
  • Serbia's oil monopoly NIS, majority owned by Gazprom Neft, said Thursday it would invest 396 million euros ($584.3 million) to modernize a refinery so it can produce cleaner fuels. (Reuters)
  • Inter RAO plans to set up a joint venture with Cuban state company Union Electrica by November at the latest, Inter RAO's chief executive officer said Thursday. (Reuters)