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. Last Updated: 07/27/2016

For the Record

Steel giant Severstal reported a 25 percent drop in quarterly gold sales volumes as quantities were kept in storage after the company said prices might extend gains.

Rosneft reported on Wednesday a 9.7 percent increase in third-quarter profit to $2.82 billion, on higher crude prices and output.

Danish brewer Carlsberg said Wednesday that it would replace the head of key Russia division Baltika Breweries to address slowing sales.

The central bank of Belarus confirmed that it is in talks with Iran on a request for a $400 million loan from the Persian Gulf nation, the Iranian state-run Fars news agency said.

Russia's grain harvest is estimated at 92 million metric tons, with as much as 30 million tons exported, Alexander Korbut, vice president of Russia's Grain Union, said Wednesday.