A Russian civilian nuclear-powered cargo ship, the Sevmorput, is sailing south into the Norwegian Sea en route to St. Petersburg, carrying 204 refrigerated containers of frozen fish from the Pacific aimed for the market in European Russia, the Barents Observer reports.
After sailing south along the coast of Norway through...
Slovenia should help in the restructuring of troubled Croatian food conglomerate Agrokor and its Slovenian subsidiary, Mercator, Russian Prime Minister Dmitry Medvedev suggested on Tuesday, according to RTV Slovenija.
"It would be good if we agree how to proceed," Medvedev said after talks with Slovenian Prime Minister Marjan Sarec.
Medvedev’s statement...
The Bank of Russia’s updated macroeconomic forecasts published on Monday show that the regulator does not rule out oil prices falling to $25 per barrel in 2020, Banki.ru reports.
The central bank’s risk scenario could be triggered in case of lower demand for energy products around the globe and worsening...
Two state-run Chinese industrial groups are negotiating with Russian banking conglomerate VTB about a possible purchase of En+ Group shares from the bank, The Financial Times writes citing sources familiar with the negotiations.
VTB owns more than 20% in En+ Group, an energy company formerly owned by billionaire oligarch Oleg Deripaska, who...
Russian banks have issued 23% more credit cards in the period between January-July this year than the same period last year - 5.45 million compared to 4.43 million, credit history bureau Equifax told RIA Novosti.
At the same time, the amount of funds for which credit cards were issued increased...
The Bank of Russia lowered its key interest rate to 7% on Friday, easing the cost of borrowing for the third time this year, and signaled the possibility of another rate cut at one of the next three board meetings, Bloomberg reports.
The move comes as inflation, the central bank’s...
A number of Southeast Asian countries, members of ASEAN, have called for improvements in the region’s free trade status with Russia at this week’s Eastern Economic Forum in Vladivostok, Rhythm of Eurasia reports.
Nearly all members with the exception of Vietnam, which has a free trade agreement (FTA) with the...
Embezzlement charges against Anatoly Loktionov, former vice-president of Russian state-run oil giant Rosneft, were dropped, the press service of the Russian business ombudsman Boris Titov said Friday, according to The Bell.
The prosecution was dismissed due to absence of the event of a crime. The businessman has a right to...
Businessmen convicted of committing economic crimes of low-to-medium severity should be pardoned, Russia’s business ombudsman Boris Titov has suggested, according to Business.ru.
Moreover, he believes it is necessary to apply the amnesty to first-time convicts imprisoned for crimes related to business activities.
The ombudsman has also proposed to drop charges against...
