European companies operating in Russia are more upbeat about the country’s business climate, an annual survey compiled by the Association of European Businesses (AEB) and market researcher GfK reveals, according to Kommersant.
Optimism with companies has grown two points compared to the previous year to 140 out of 200 possible...
Russia is spending 150 billion rubles ($2.5 billion) on the construction of churches, an enormous sum at any point and an increasingly insupportable one at a time of economic malaise and the closing of thousands of schools and hospitals, Eurasia reports.
The Russian Orthodox Church has been anything but forthcoming about...
After a recent U.S. ban which effectively closed the lucrative American market for Huawei, the Chinese tech company is expected to further expand its business and make new breakthroughs in Russia, Global Times writes.
According to Huawei’s chief Digital Transformation Officer Edwin Diender, the world's largest telecommunications equipment producer has become the most...
A Russian aluminum producer is under fire after offering its female employees a cash incentive to wear skirts and dresses to work, the BBC reports.
Tatarstan-based Tatprof made headlines after Zalina Marshenkulova, a journalist and feminist author shared the company’s “femininity marathon” to social media dubbing the campaign “news from the Middle...
Chinese President Xi Jinping will travel to Russia next week and attend a major Russian investor forum in St Petersburg, China’s Foreign Ministry said on Wednesday, according to TASS news agency.
The St Petersburg International Economic Forum (SPIEF) will be held June 6-8 and is chaired by Russian President Vladimir...
Russian presidential ombudsman for the business sector Boris Titov has presented his annual report to the President Vladimir Putin, delivering sharp criticism of the investment and entrepreneurship climate in the country, Vedomosti reported on Tuesday.
This year Russia’s investment community is in furore as the liberal fraction of the Kremlin,...
Experts from Moscow’s Higher School of Economics (HSE) and Russia’s Presidential Academy of National Economy and Public Administration (RANEPA) are predicting that Russians’ incomes will fall for a sixth consecutive year in 2019, the Moscow Times reports.
Earlier this year, based on a methodology that has been criticized as...
Russian billionaire Oleg Deripaska rejects the U.S. Treasury Department’s response to his legal challenge to American sanctions, as “poorly researched,” the BBC in Russian reports.
The Treasury’s Office of Foreign Assets Control (OFAC) published a so-called evidentiary memorandum explaining the sanctions against Deripaska and his companies. It said the tycoon...
In a move that angered Russia’s anti-corruption activists, Russia's Economy Ministry has proposed restricting access to the Unified Land Registry (EGRN), a database widely used by journalists and campaigners to uncover corruption in the country's elite, Vedomosti reports.
The parliament's website has published the bill, which would introduce fines of...
The world’s second-largest aluminum producer, Rusal, has named a controversial former Russian ambassador to Guinea to head its unit in the West African nation, Bloomberg reports.
According to the news outlet, the move is raising local fears of Russian influence on next year’s presidential elections.
Alexander Bregadze, who served as...
