Friday, July 19, 2024
Britain’s banks, energy, and water companies are all said to be on high alert against the threat of a possible Russian cyber attack amid an escalating diplomatic row between the two countries over the poisoning of a former Russian double agent on British soil, The Daily Telegraph reports. Fears that Moscow...
American global food processing and commodities trading corporation Archer Daniels Midland Company (ADM) and Russia-based Aston Foods have successfully received all required regulatory approvals and launched their 50-50 joint venture to provide sweeteners and starches to customers in Russia, Food Business News reports. Aston is one of Russia’s largest agricultural and...
India could avoid falling under U.S. sanctions over the country buying weapons from Russia, as Washington is setting up an oath for Delhi to escape the measures, Reuters reports citing business leaders and experts. It has been a year since U.S. President Donald Trump signed a law which penalizes...
Sberbank has filed an application with the Central Bank to launch a platform to issue its own cryptocurrency - Sbercoin, said Anatoly Popov, deputy chairman of the bank's board. According to him, the launch is scheduled for this spring, ICT Moscow reported. The application was submitted in accordance with the...
EU leaders will probably remain reluctant to issue a serious reply to Russia for its alleged nerve agent attack on a former spy in England, analysts say. The UK's economic ties to Moscow, as well as divided interests within the European Union (EU), thanks to several countries' heavy reliance on...
Russia will have an increasingly difficult job to maintain the balance of power between its partners in the Middle East, but has no intention of losing its hard-won reputation as the key power-broker in the region, analysts told Forbes. If the U.S.-Iran conflict escalates, one of the most far-reaching effects...
The finance ministry in Moscow sees no imminent need to intervene in the bond market to support Russian state debt, as it does not believe U.S. sanctions against Moscow are inevitable, a senior ministry official said according to Reuters. The sanctions' theme has unnerved markets for months but became more...
Russian job board operator HeadHunter said in a statement Tuesday that it does not expect a recent decision by the Russian Federal Antimonopoly Service (FAS) to have a significant impact on its operations. The FAS said the company violated competition law by limiting the use of third-party automated recruitment services. HeadHunter had...
The House Armed Services Committee on Friday unveiled details of its $717 billion defense policy bill which authorizes the level of defense spending and sets policies controlling how the funding is used, The Hill reported. Citing a “crisis point,” including 25 service members killed in military aviation accidents this spring,...
Gazprom, the state-backed Russian energy producer, reported an 11% rise in its income in the first quarter of the year, to 371.6 billion rubles ($6 billion), thanks to higher gas prices and sales volumes, beating analysts’ expectations, Reuters reported. The company plans to further strengthen its exposure to Europe this year, reaching...