MOSCOW -- Russian meat firm Cherkizovo posted an eight-fold increase in third-quarter earnings, but said it expected a more challenging end to the year, with a weaker ruble driving costs higher and inflation squeezing consumption.
Reuters: Russia’s Cherkizovo sees profits leap, concerned over ruble in fourth quarter
Men talk under a board listing foreign currency rates against the Russian ruble outside an exchange office in central Moscow, on Nov. 6.