Raven Property cautious amid Russia-Saudi oil price war
Interest rate cuts have supported the Russia-focused group recently, but it is cautious due to the coronavirus and slumping oil price
16 March 2020 - 10:39
Russia-focused Raven Property said it was treading with caution in the wake of an oil-price dispute between Russian and Saudi Arabia, opting to hold off on a final decision on dividends for its year to end-December.
The group owns logistics warehouses in Russia, whose economy is now under threat from the coronavirus, and slumping oil prices...
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