Russian and foreign businesses have significantly increased investments in the development of domestic higher education in recent years and in 2019, University World News reports.
The news outlet says that another sign of the interest by Russian companies to invest in education is the planned setup of a new venture...
Washington will never remove sanctions on Moscow because this is what its policies have been based on for years, Russian Prime Minister Dmitry Medvedev said while answering questions from users of the VKontakte social network on Friday.
"I can tell you frankly: they will never remove sanctions on Russia because...
Russian energy and aluminum company En+, until recently controlled by billionaire Oleg Deripaska, has reported a rise in profits for 2018, despite spending much of last year battling American sanctions, Reuters reported.
The company said its 2018 net profit rose 32.7 percent to $1.9 billion due to a higher...
Japanese auto giant Toyota has filed an application for signing a special investment contract with the Russian government and plans to invest 200 billion rubles ($309 million) in Russia over the next decade, Kommersant reported.
The carmaker was the last big automobile manufacturer to show interest in the contract, offered...
The Russian Ministry of Finance intends to increase the planned volume of borrowing in the domestic market in the second quarter by adding a new bond-offering mechanism to the OFZ placement auctions, Konstantin Vyshkovsky, director of the state debt and state financial assets department of the Russian Ministry of...
A Russian tycoon has recovered his $615 million superyacht in the latest twist of his long-running divorce, the Sidney Morning Herald reports.
Billionaire Farkhad Akhmedov announced that a Dubai court had overturned an earlier decision to seize the ship-from him.
Previously a UK court ruled that the former oil and...
Russia’s top defence procurement official has said his country could drastically increase its supply of palm oil from Malaysia, and the move will entail an offset deal leading to the Royal Malaysian Air Force (RMAF) disposing of its two squadrons of 18 decommissioned Russian MiG-29N jets, Izvestya reported.
The...
A new payment system introduced by the Bank of Russia is threatening to deprive major Russian banks of commissions when their customers use payment cards or smartphones to pay retailers, Reuters reported citing bankers.
The country’s central bank has been developing a non-cash payment system which banks will have...
Russia and Kyrgyzstan signed contracts worth $6 billion at the bilateral inter-regional conference in Bishkek, Kyrgyz Economy Minister Oleg Pankratov said on Thursday, adding that companies from the two countries also agreed to another $6 billion in science, technology, and commerce projects, Vesti.ru reported.
"All in all, contracts worth...
An audit firm hired by the U.S. is checking whether Russia’s Rusal is complying with the terms of a deal under which the U.S. Treasury Department agreed to lift sanctions on the company, the aluminum giant said on Thursday, according to Reuters.
The move offers the first glimpse of...
