Russia is making a big return to investment in Africa after a decades-long absence, looking to broaden its activities and influence with a switch from its traditional focus on arms and grain exports to oil and nuclear energy, AFP writes.
Russia's business footprint in Africa is relatively small, about the...
The Russian sovereign debt will be issued denominated in Chinese currency and sold on the Moscow Stock Exchange starting next year, Russia's Deputy Finance Minister Alexey Moiseev has announced, according to Finanz.ru.
“There are plans to list yuan-denominated bonds in Moscow in 2020,” the official said as cited by Russian...
A new package of climate change legislation proposed last month has been drastically watered-down by the Russian government after push-back from the country’s leading businesses, Kommersant reports.
The new plans scrap projects for quotas on carbon emissions at Russia’s largest companies, as well as a new national carbon trading system and...
U.S. entrepreneur Elon Musk has agreed to attend a business forum in southern Russia via video conference after organizers invited him with a billboard in front of his SpaceX office in California, Izvestia reported.
The head of the Department of Investments and Development of Small and Medium Enterprises of the...
The head of Russian Equities at U.S. bank Citigroup, Alexei Bolshakov, who also served as CEO of the lender’s Global Markets division, has left the bank as Wall Street accelerates its retreat in Moscow, bne IntelliNews reported on Tuesday.
Bolshakov, a stalwart at Citigroup in Moscow for almost nine years,...
The Russian Federal Air Transport Agency has clearance for local airline S7 to resume flights to Kutaisi, Georgia – the first such license after Russia banned air traffic to the Caucasus country this summer, RIA Novosti reported.
According to the authorities, S7 will be able to perform up to seven...
The Board of Directors of Russian energy company En+ Group expects resumption of dividend payments for 2019, the company’s Chairman of the Board of Directors Lord Gregory Barker said in an interview with TASS.
"The Board anticipates paying dividends for 2019, taking into account several factors including the macro environment...
Russia’s state-run geological holding Rosgeo has asked the government for additional capitalization of 10.3 billion rubles ($160 million), so it could remain competitive by investing in equipment upgrades, Kommersant reports.
CEO Sergey Gorkov wrote several letters demanding the sum to Finance Minister Anton Sulianov, according to the business newspaper. The...
An influential U.S. think-tank is being criticized for accepting $12 million from Len Blavatnik, a Soviet-born oligarch whose business associates were sanctioned by the United States, investigative journalism website Bellingcat writes.
According to the report, the Council on Foreign Relations (CFR) announced last month that it had received a substantial...
The new crisis which erupted after Turkey launched a military campaign in northern Syria has further strained relations between Ankara, the United States and its NATO allies, Russian analysts told Kommersant, adding that the developments is “pushing Erdogan closer to Russia”.
Demanding that Ankara stops the operation, the Trump administration...
