Inflation expectations in Russia continued to fall in March, but remain high and unanchored, the Bank of Russia said on Wednesday, according to BCS Express.
Inflation, the central bank’s key goal, is set to peak at around 5.5 percent in March or April before slowing to 4.7-5.2 percent by the...
As investors' appetite for riskier assets fell midweek, the Russian ruble dipped slightly against the dollar on Wednesday, but interest in the country's treasury bonds was expected to remain high, Interfax reported.
At 0730 GMT, the ruble was 0.33 percent weaker against the dollar at 64.61 and down 0.15...
Russian-Armenian retail mogul Sergei Galitsky has been named by Forbes magazine as the Russian businessman with the highest income in 2017, according to the so-called Сash Kings List, Gazeta.ru reported last week.
The journal’s analysts made a list on the basis of the gross income of entrepreneurs, excluding taxes, the cost of...
Russian banking group VTB, together with a group of investors, has bought 100% of the shares of International Restaurant Brands LLC, which is the largest partner of Yum! Brands Russia & CIS, developing the KFC brand in Russia, Rambler reports.
In addition to VTB, the consortium includes investment group Marathon Group,...
The Russian Investigative Committee, the country’s top prosecution agency, has arrested a former Russian government minister on charges of embezzling $62 million, RBC reported. The arrest fuelled speculation about possible fallout for Prime Minister Dmitry Medvedev, who was his political patron, the news outlet wrote.
Mikhail Abyzov, who served as minister of...
The jailing of prominent American fund manager Michael Calvey last month has ruined the investment climate in Russia, the head of AmCham Russia, a major U.S. business group told Russia’s foreign minister Sergey Lavrov, according to Vedomosti.
Alexis Rodzianko, the head of AmCham Russia, told reporters after a meeting...
Russian Foreign Minister Sergey Lavrov has said Moscow wants to add momentum to economic and investment cooperation with Washington, which now falls short of its potential, Russian news outlet Zvezda reports.
Lavrov gave the remarks opening a meeting with a group of representatives of the American Chamber of Commerce in...
The co-owner of Russian private space company S7 Space, Natalia Filova has denied reports that the company will cancel its contract with Ukraine's Yuzhmash, state-run TASS news agency reported Monday.
The statement comes after media reports on Monday said the corporation plans to scrap a deal with a Ukrainian rocket maker on the construction of...
Russia’s Finance Ministry borrowed more than $7.2 billion so far in March through local-currency and Eurobond sales, almost four times the monthly average in 2018, capitalizing on a recovery in demand among foreign investors, Bloomberg reports.
Оn Friday, Finance Minister Anton Siluanov said that the huge amount raised gives the...
Two Russian ships have been placed by U.S. authorities on a list of vessels suspected of providing fuel to North Korea, Reuters reported.
The Russian vessels, the Tantal and the Vityaz, have been included on a new list of “vessels believed to have engaged in ship-to-ship transfers with North Korean...
