The wife of a French banker Philippe Delpal, who has been held in a Russian jail since February on controversial fraud charges, has called the case against him "trumped-up", AFP reports.
The senior executive at private equity group Baring Vostok was arrested along with American founder and CEO Michael...
Russian state-run aviation conglomerate United Aircraft Corporation (UAC) has filed a lawsuit with the Moscow Arbitration Court against Ukraine’s Antonov State Company, according to the data of the arbitration cases register, RIA Novosti reported.
The lawsuit was filed on May 23, has not been accepted for hearing yet, and no...
Russian workers are the most affected by occupational burnout in Europe, with 72% experiencing negative effects of the so-called burnout syndrome in the workplace, a new study has revealed, according to Blic.rs.
According to the survey, Russian workers are followed by Serbs (66 per cent) and Poles (62 per...
Russia’s online video service Amedia TV has signed an exclusive deal with U.S. television network CBS, licensing series from Showtime for the Russian market, WorldScreen.com reports.
The multiyear, multi-series content deal covers current Showtime series, as well as numerous series from the Showtime library.
Amedia TV is one of Russia's...
U.S. investor Michael Calvey, who is currently under house arrest on suspicion of embezzling money from Russia's Vostochny Bank, will ask investigators to be released in order to take part in the upcoming St. Petersburg International Economic Forum (SPIEF), RBC reported.
Calvey’s company, equity fund Baring Vostok, told the news...
Russian retail sales consumers, the most important indicator of consumer confidence, fell again slightly from the previous month, dropping to 1.2% y/y versus 1.6%, a trend seen for the last five consecutive months, bne Intellinews reported, citing state statistics agency Rosstat.
The volume of retail turnover remained decent, with...
Russian cities with population over a million will need at least 100 years to catch up to Moscow’s level of economic development, a new study by consultancy Strelka reveals, according to RBC.
There are 16 such large cities in the country, contributing almost a third in Russia’s GDP in 2017,...
The risk that Russia’s economy will fall into recession in the third quarter of this year is lower, according to a new macroeconomic forecast by the Plekhanov Russian University of Economics. Still, experts say that a significant slowdown in GDP growth is possible, Izvestia writes.
According to the forecast,...
Venezuela’s government is planning to invite Russian telecom companies, along with Chinese tech giants Huawei and ZTE, to develop a nationwide 4G telecommunication network in the country, President Nicolas Maduro has said, according to RIA news agency.
“I have ordered to make an investment and, together with China’s technologies, Huawei...
Russia’s Deputy Prime Minister Maxim Akimov said on Friday that the ongoing U.S.-China trade war entails risks for the Russian economy, as it will affect the global economy, ANI news agency reports.
"The U.S.-China trade war will affect the global economic growth rate, and we greatly depend on it, because...
