The Russian-led Nord Stream 2 company, founded by Gazprom and its European partners investing in the controversial pipeline, expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned,...
Despite being home to the Motion Picture Association of America, Netflix, Hulu and other budget over-the-top video services, the United States leads the world in global visits to websites pirating illegal access to TV shows, movies, music and publishing, ahead of Russia, new data from digital analytics firm Muso...
Russia’s VTB bank has initiated legal proceedings against three people, claiming their subsidiary liability in respect of the bankruptcy of Transaero Airlines, the Russian legal information agency RAPSI reported. According to the bench ruling, the total amount of the suit exceeds 249.2 billion rubles ($3.86 billion).
Transaero was Russia’s second largest airline...
The head of Russia’s state-owned nanotechnology company Rusnano, Anatoly Chubais, has become one of Russian businessmen who vouched for U.S. investor Michael Calvey, who was arrested on charges of embezzlement, TASS news agency reports.
Calvey, the founder of investment fund Baring Vostok, was arrested last month and placed in...
The Russian Finance Ministry on Thursday issued Eurobonds worth $3 billion, maturing in 2035, and an additional Eurobond placement in euros worth $853 million euro, maturing in 2025, TASS news agency reported.
The final yield guidance for dollar-denominated Russian Eurobonds was fixed at the level of 5.1% and for euro-denominated...
After years of declining real income numbers suggested a fall in Russian’s standard of living, the Russian state statistics service has halted its monthly reports on the population’s real income, or income adjusted for inflation, the New York Times reports.
Economists were sceptical about how realistic the service’s numbers were...
A surging number of Russian tourists visiting China are visiting Chinese dental clinics in the border city of Hunchun, where tourists have been going for less expensive dental services, leading to a boom in the local dental business, Global times reports.
"Dental clinics in Hunchun have an excellent reputation in...
Russia’s diamond producer Alrosa sold rough and polished diamonds in the amount of $14.6 million at auctions in Hong Kong, the company said in a statement on Wednesday, Yasia reported.
The company auctioned special size (above 10.8 carats) rough diamonds. Alrosa sold 101 diamonds with the total weight of 1,829...
Russian President Vladimir Putin believes that Russians who have found their names on the Western sanction lists should know they do a good job, Newsweek reports.
"This is a sure sign of your successful work in Russia," he said at a meeting with the winners of the Leaders of Russia...
Ukraine has broadened sanctions against Russian companies and citizens to include aluminum and power producer En+ Group and several other Russian firms, as written in a new decree signed by Ukrainian President Petro Poroshenko on Wednesday, Reuters reported.
The measures are a continuation of Kiev’s response to Russia’s annexation of...
