Russia’s biggest car-making alliance, Renault-Nissan-AvtoVAZ, has handed control of its dashboards to local tech giant Yandex, Vedomosti reports.
The partnership, which has about a third of the Russian market, will use Yandex in locally-made cars for services like real-time navigation, voice assistance and music. The pact also opens options to gain...
A number of editors and reporters working at Russia’s leading business newspaper, Kommersant, have quit their jobs in protest after two of their colleagues were fired, alleging pressure from politics and business, Reuters reports.
Kommersant's Maxim Ivanov and Ivan Safronov said on Facebook Monday that they were forced to step down because...
The U.S. State Department wants to go global with a little-known government program that offers countries cash to buy American-made weapons if they give up arms made in Russia and China, Defense One reports citing unnamed officials.
The program, designed last year and called the European Recapitalization Incentive Program, was originally meant...
Russian state-owned tech corporation Rostec expects the introduction of the Industrial Internet of Things (IIoT) will provide an economic effect worth 5 trillion rubles ($77.43 billion), Vedomosti writes citing the roadmap of the "Industrial Internet" technology drawn up by Rostec.
The roadmap is part of Russia’s national project on...
Russia may be headed for an economic downturn this year and it would be the biggest one since the 2008-2009 meltdown, analysts told Nezavisimaya Gazeta.
The growth of gross domestic product (GDP) in Russia slowed down to 0.5 percent in the first quarter of this year from the same...
Russia has experienced a 25% year-on-year increase in unsecured consumer loans in the first quarter of 2019, despite the central bank’s efforts to cool the market, Vedomosti reported citing data by Frank RG.
Unsecured loans accounted for around $16.2 billion of the total retail loans volume of $29.4 billion issued, and...
Russian billionaire Roman Abramovich has launched his highly anticipated $100 million private film fund, Kinoprime, which is “potentially open to English language and international projects,” Variety reports citing the fund’s CEO, Anton Malyshev.
The Moscow-based fund, announced last year, invests in projects at the final stage of filming. Malyshev has confirmed the...
The CEO of Russia’s biggest bank, Herman Gref, said on Sunday he doesn’t expect any changes in the United States’ policy of sanctions against Russia in the near future.
"We have been waiting for too long," the head of Sberbank said in an interview with the Deistvuyushchiye Litsa (Political Actors) program on...
The growth of gross domestic product (GDP) in Russia slowed down to 0.5 percent in the first quarter of this year from the same period a year ago, RFE/RL reported citing data from the Russian Federal Statistics Service (Rosstat).
The result is well below the 1.2% year-on-year consensus. It also suggests...
Russians are now less interested in cryptocurrencies sector, so there is no need to materialize the government’s plan to regulate the sector, Russia’s Prime Minister Dmitry Medvedev has said, according to FXStreet.
The government previously devised a plan to make federal laws for cryptocurrency regulations and adoption. President Vladimir Putin...
