Russian billionaire Alisher Usmanov says he is keen to join his friend and business partner Farhad Moshiri as an investor in English Premier League football club Everton FC, The Daily Mail reports.
Usmanov, who is a former shareholder in another English football club, Arsenal FC, describes himself as a Gunners...
Russia has ratified an agreement on the organized recruitment of Tajik labor migrants who work seasonally in Russia just ahead of the New Year, Sputnik Tajikistan reported.
The deal was signed in April 2019 but was not ratified by Russian until late December. It’s not clear why the agreement took...
India’s Foreigners Regional Registration Office (FRRO), a unit of the country’s Bureau of Immigration, has deported four Russian nationals on suspicion of having violated visa conditions, The Hindu reports.
The Russians, who had arrived in the country on a business visa, were identified by an official as “Alexander and family...
The Russian government has raised excise duties on cigarettes and other tobacco products from January 1, 2020, in an effort to limit the number of smokers in the country, Rossiyskaya Gazeta reports.
In particular, excise taxes on cigarettes and unfiltered cigarettes have climbed to $1,966 rubles ($31.80) per 1,000 items...
Hungarian gas transmission system operator (TSO) FGSZ has started taking deliveries of Russian gas through Ukraineʼs unbundled gas TSO following an agreement reached between Moscow and Kyiv, local news outlet NRG reports.
"The transit agreement between Russia and Ukraine was signed and the switched to European rules. The gas...
U.S. energy giant Exxon Mobil Corp. has won a lawsuit against a $2 million fine imposed on it by the U.S. Treasury Department after the company made a series of oil and gas deals in Russia which allegedly violated Ukraine-related sanctions, Bloomberg reports.
According to U.S. District Judge Jane Boyle,...
Russia plans to create a special stock exchange where companies targeted by Western sanctions will have an opportunity to list their bonds, Krasnaya Vesna news agency reported.
Russia's Deputy Finance Minister Alexey Moiseev said the launch was initially scheduled for December but was then postponed to January as the ministry...
In 2020, Russia’s Mir credit cards will be fitted with Russian-made chips instead of imported ones. A test batch of cards with dual chips for contactless payment has already been made, Rossiyskaya Gazeta writes.
The microchips are manufactured by local chipmaker Mikron, based at the Technopolis Moscow technology center.
"The new...
Amendments to the law “On currency regulation and currency control” which effectively liberalize restrictions for international trade settlements, entered into force on Wednesday, TASS reported.
The law lifts restrictions on currency transactions by residents using accounts (deposits) opened with banks located outside Russia, and the repatriation of funds. The legislation...
American insurer Liberty Mutual has agreed to sell its Russian subsidiary, Liberty Insurance PJSC, to private lender Sovcombank, one of the largest banks in the country, Insurance Insider reported.
The company said the transaction is expected to close in the first quarter of 2020, after which the Russian subsidiary will...
