Three development scenarios for the future of Russia’s United Aircraft Corporation (UAC) were prepared by its parent holding, state-run tech conglomerate Rostec, Kommersant reported.
UAC controls Russia’s major aircraft manufacturers Sukhoi, MiG and Irkut. A year ago, the Russian government handed control of 92% of UAC to Rostec, with the...
Russia’s third largest stock market, the St. Petersburg Exchange, is considering relocating to the Far East to tap into the growing pool of investors in the region, The Moscow Times reports.
As part of a wider rebranding that would include a possible name-change from “Saint Petersburg Exchange” to “Voshod”, authorities have...
U.S. President Donald Trump’s economic policy has boosted growth in the U.S., Russian President Vladimir Putin has said on Wednesday, according to NBC News.
“Mr Trump has carried through the tax reform that has propped up the economic growth in the U.S. at a high level and the imports to the...
The venture capital arm of Russian investment conglomerate AFK Sistema, Sistema_VC, will invest $10 million in UK start-up SenSat, Tech.eu reported.
The company founded in 2015 develops digital copies of physical objects for infrastructure projects.
The investment round was headed by Chinese private investment company Tencent, but other investors and shares...
Business channel RBK has broadcast the annual rankings of Russia’s top 500 companies, and for the 5th year running, the top five revenue earners remain the same: Gazprom (8.2 trillion rubles), LUKOIL (7.5 trillion), Rosneft (6.9 trillion), Sberbank (3.2 trillion), and RZD, the Russian Railways (2.5 trillion). The top...
A Russian scientist has been fined $7,000 for using a supercomputer inside a secretive nuclear facility to mine for bitcoin cryptocurrency, RIA Novosti reported.
Denis Baykov, an employee of the Federal Nuclear Center in Sarov, was fined 450,000 rubles this month after being found guilty of violating the lab's internal computer...
The terms of integration proposed by Moscow are “unacceptable” for Belarus, the country’s foreign minister has said following media reports that the two countries plan to form an economic confederacy in the next two years, Belsat reports.
At the moment, Russia and Belarus are members of a largely symbolic union...
Russian companies will soon be able to issue debt securities in Turkey, while Turkish issuers will be admitted to the Russian debt market, Finanz.ru reported citing a draft intergovernmental agreement between Russia and Turkey on settlements and payments.
"In order to increase the level of liquidity provision in national currencies,...
Anglo-Dutch energy giant Royal Dutch Shell has asked the United States Congress not to enact sanctions against the Russia-led Nord Stream 2 underwater gas pipeline to Germany, Reuters reported citing the head of Shell's Russian business Cederic Cremers.
The administration of U.S. President Donald Trump is opposing the project, arguing...
The Moscow Exchange will convene the annual Moscow Exchange Forum: New York Session at the Roosevelt Hotel on Thursday, the exchange said in a statement.
The day will kick off with a panel discussion titled “When America sneezes, the whole world catches a cold. Is Russia immune?” Panelists will...
