Thursday, June 25, 2026
A number of American top managers and officials are threatening to skip this year's edition of the St. Petersburg International Economic Forum (SPIEF), slated for June, to protest the detention of U.S. citizen and founder of investment company Baring Vostok, Michael Calvey, the Financial Times reported on Tuesday citing sources...
Qatari authorities are keen on more investment opportunities in Russia to capitalize on "huge" growth potential, the Gulf state's ambassador in Moscow has said, according to Bloomberg. Fahd bin Mohammed Al-Attiyah said his country is fully satisfied with its purchase of around a fifth of Russian state oil producer Rosneft,...
An American businessman who is leasing airtime to a Russian radio station in Washington funded by the Russian government is being forced by U.S. authorities to register as a foreign agent under the FARA act, the Washington Post reports. The radio station, Sputnik, has offices around the world and in...
A Moscow-based bank jointly owned by Russian and Venezuelan state-owned companies was put under U.S. sanctions on Monday, for allegedly trying to circumvent Washington’s economic measures on the South American country, the Associated Press reports. The U.S. Treasury's Office of Foreign Assets Control (OFAC) said in a press release it...
Trade turnover between Russia and the EU grew by 20% in 2018, Industry and Trade Minister Denis Manturov said during a meeting with European business representatives in Moscow, according to state-run news agency TASS. "This is a lot. This shows that the European business is interested in coming to our...
The number of foreign investors in Russia’s economy who believe that business climate in Russia has worsened has more than doubled last year compared with 2017, from 22% to 50%, a latest survey reveals, according to business newspaper Kommersant. The survey was carried out jointly by the Russian Union of...
Yelena Baturina is up 49 positions up the 2019 Forbes listing of the world's billionaires and remains Russia’s richest businesswoman for a 14th year in a row. Her wealth is estimated at $1.2 billion, putting her in 1818th place in the global billionaires ranking. 2019 is Baturina’s 14th consecutive year as...
The value of goods traded between Russia and the United States stood at 1.45 billion in January, a 3.8 percent decline year-on-year, Russia's Federal Customs Service (FSS) said on Monday, according to Sputnik. Russian exports to the United States fell by 3.4 percent and amounted to $775 million, while imports from...
Since the early 2010s, when posts advertising so-called “friends for hire” began appearing on Russian-language websites, the business has been constantly growing, independent news website Meduza writes. The service allows internet users to pay an hourly fee for an apparently ordinary person to listen to them, give them emotional support,...
Thousands of people have held mass rallies in Moscow and several other cities over the weekend protesting against plans to introduce tighter restrictions on the internet, Reuters reports. The demonstrations follow a parliament backing of the controversial bill last month. The government says the bill, which allows it to isolate...