Shares in Russian online bank Tinkoff began trading on the Moscow Exchange Monday, in the latest stage of the bank’s shake-up of Russia’s banking sector, RBC reported.
Tinkoff, which has its primary listing in London and is domiciled in Cyprus, will get help from the secondary Moscow listing to tap...
The first bulk cargo of bitumen from Russia in years has been exported by Trading house Trafigura.
The deal that it says can help the country improve the quality of its refined products ahead of new, global regulations on marine fuel, Reuters reports.
The head of Trafigura Eurasia, Jonathan Kollek, told the...
Russia, China and India have come up with a new method of payment in the event of a cutoff from the SWIFT banking payments service, Izvestia reports citing sources.
The Bank of Russia plans to coordinate Moscow’s solution - the System for Transfer of Financial Messages (SPFS) - with Chinese...
Despite veiled warnings from the European Union, Serbia has gone through with the signing of a free-trade agreement with the Russia-led Eurasian Economic Union (EAEU), Balkan Insight reported.
The deal, expected to be signed during a visit by Serbian Prime Minister Ana Brnabic to Moscow, would replace the existing individual free-trade...
Oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices, Reuters reported.
Brent crude was down 12 cents, or 0.2%, at $61.90 a barrel by 0409 GMT, having gained more than 4%...
Georgia’s budget has lost $350 million since July 8, when flights from Russia were banned temporarily, Georgian Prime Minister Giorgi Gakharia told residents of the Samegrelo region on Saturday, TASS reported.
"When the Russians banned our flights in July, the country’s has budget lost $350 million. Today, Georgia’s revenues from...
Russia, China and Eurasian Economic Union (EAEU) member states support the policy of free and predictable trade, a joint statement on the agreement on trade-economic cooperation between the EAEU and China informs, TASS reported.
"We express our commitment to open, steady and predictable trade policy, which supposes inclusive participation of...
The Bank of Russia has announced the biggest reduction in its key interest rate since 2017, by 50 basis points to 6.5%, The Financial Times reported.
The move did not affect the USD-RUB rate, which largely unchanged and continued to trade at around 64, the report said.
The central bank said...
The president of the Central African Republic (CAR), Francois Faustin-Archange Touadera said on Friday his country is considering hosting a Russian military base, Izvestia reported.
Touadera, whose country is emerging from a bloody sectarian conflict, added that he would like Moscow to supply CAR with new weapons.
He made the...
German wholesale group Metro has achieved its sales targets in the 2018-2019 fiscal year with a total turnover of $33.3 billion, the company announced on Thursday, according to Finanzmag.com.
Metro's business in Russia has improved compared to the previous year but the market environment remained "nevertheless challenging" as turnover in Russia still...
