A spokeswoman for the finance ministry said on Tuesday that Venezuela has made its latest scheduled debt repayment to Russia, Reuters reports. She did not specify the amount paid by the Latin American country.
Venezuela’s close ally Moscow has acted as a lender of last resort for Caracas, with the...
The U.S. Treasury Department announced on Monday it is imposing new sanctions against Yevgeniy Prigozhin, the Russian oligarch known in the West as "Putin's Chef," for attempting to influence the 2018 U.S. election, The Wall Street Journal reports.
The measures include blocking Prigozhin's yacht and private jets from entering the U.S.,...
Indian pharma major Glenmark has received approval from the Ministry of Healthcare, Russia to market allergic rhinitis tablets, Money Control reports.
The approval regards the company’s rights to market Montlezir (Levocetirizine Dihydrochloride 5mg + Montelukast Sodium 10mg) film‐coated tablets as a prescription product for the treatment of seasonal and perennial...
Georgia’s privately-owned air carrier Georgian Airways welcomes the statement made by Russian Foreign Minister Sergey Lavrov regarding the possible lifting of a ban on direct flights between the two countries, TASS reported.
The company’s CEO Roman Bokeriya said in a statement released on Saturday that Georgian Airways supports the resumption of flights...
The Eurasian Economic Commission (EEC) is finalizing negotiations to set up a free trade zone between the Eurasian Economic Union (EAEU) and Singapore, officials announced this month.
The EAEU is a free trade area that includes Russia, Armenia, Belarus, Kazakhstan, and Kyrgyzstan. The countries represent a market of some 183 million...
India’s state-owned reinsurer General Insurance Corporation (GIC) is looking to open a Russian subsidiary as part of a wider global expansion plan, the Hindu BusinessLine reported Monday.
The company said it is also exploring the possibility of an office in Brazil to cater to the South American market.
“Ideally, we would want...
Monaco said last week it was replacing its justice minister following his decision to block a new term for a judge leading a corruption inquiry involving Russian tycoon Dmitry Rybolovlev, Le Monde reported.
Justice minister Laurent Anselmi will be replaced by Robert Gelli, a French prosecutor at the Aix-en-Provence appeals...
The Russian federal anti-monopoly watchdog (FAS) has approved a swap of several assets in Russia’s far eastern region between power company Rushydro and its business partner Andrey Melnichenko, Prime news agency reported.
The two sides plan to complete the deal by the end of 2019, they said in a statement...
Kazakh Energy Minister Kanat Bozumbayev told Reuters on Thursday that his country and Russia have agreed on compensation of $15 per barrel for the contamination of Kazakh crude shipped through the Druzhba pipeline, onwed by Russia’s Transneft.
Earlier this year, three industry sources told the news agency that compensation based...
Russian chemicals producer Ivhimprom has launched a pilot project to automate the management of supply and product sales, in partnership with the Credits blockchain platform project, Einnews.com reported.
Credits is an open-source and fully decentralized blockchain software platform operating on the basis of the PoA (Proof of Agreement) algorithm. The...
