Oil and petroleum sales by Russia to the United States in the first five months of this year reached six-year highs, RBC reported citing data by the U.S. Energy Information Administration (EIA).
According to the data analyzed by the Russian news outlet, the U.S. imported 61.75 million barrels of crude...
Zimbabwe and Russia have concluded multi-billion dollar deals in various sectors of the economy ranging from energy, mining, tourism, health, agriculture and media, minister in the African country’s government has said, according to ZBC.
The deals will be signed in October during the Russia-Africa Summit, aimed at strengthening and deepening...
Russia-based analytics firm ICORating has been fined nearly $300,000 by the U.S. Securities and Exchange Commission (SEC) for failure to disclose payments for positive reviews to various projects, the authority said on Tuesday, according to Reuters.
The SEC announced a $268,998 settlement with ICORating for projects rated from December 2017 through July 2018....
U.S.-based investment management company BlackRock was granted regulatory approval on Tuesday to take over a stake in cybersecurity firm Cofense from a private-equity firm with Russian backing, the Wall Street Journal reported.
The Committee on Foreign Investment in the United States (CFIUS), which scrutinizes deals by foreign acquirers for potential national security...
U.S. President Donald Trump said on Tuesday he backs Russia’s return to the G8, calling Moscow’s membership in the club of world powers “much more appropriate,” RIA Novosti reported.
“I could certainly” support that, he told reporters at the White House, just days before a planned G7 summit in Biarritz, France, set...
A bailout package for the Russian automotive components industry worth194 billion rubles ($3 billion) was devised by Russia’s Industry and Trade Ministry, Automotive Logistics writes.
According to the ministry, the package should help Russian carmakers, including Gaz, Kamaz, Sollers and Avtovaz, to increase the share of components they source on...
The US-China trade war, if escalated, could lead to economic slowdown and even recession in Russia, analysts by the Moscow Higher School of Economics’ SE Centre for Business Tendency Studies (CBTS) said in a report, according to TASS.
"If the trade conflict between the world’s two biggest economies, the US...
Belarus and Ukraine owe Russia close to 11.2 billion and the two countries are the largest debtors to Russia in terms of financial and export loans, Expres.by reported.
As of June 1, Russia’s biggest individual debtor was Belarus with $7.55 billion. Recent data from the Bank of Russia suggest that...
Russian billionaire Mikhail Prokhorov has agreed to sell his remaining 51 percent stake in basketball club Brooklyn Nets of the National Basketball Association (NBA), ESPN reported on Saturday.
The business magnate said on Friday that the sale to Taiwanese-Canadian billionaire Joe Tsai will include full ownership of the 18,000-seat Barclays...
The largest lender and digital innovation leader in Russia, state-owned Sberbank, will test payments with fingerprints and face recognition without the use of payment cards or gadgets, Vedomosti reported.
Since October 2018, reports have suggested that Sberbank considers developing its own biometric platform that would compete with the Bank of Russia’s United Biometric System (EBS). The...
