The Bank of Russia will endeavor to keep inflation within the range limits, despite criticism against the background of the key rate increase in 2018, the central bank’s chief Elvira Nabiullina said in an interview with the International Monetary Fund’s (IMF) periodical journal.
"Now we experience a temporary increase...
A court in Moscow has ruled against an appeal by U.S. investment fund manager Michael Calvey and rejected his appeal to be moved to house arrest in a fraud case, Bloomberg reports.
The Moscow City Court issued the ruling against Calvey, the founder of the Russia-based private-equity group Baring...
A new bill introduced by two U.S. congresswomen is seeking to instruct the American intelligence community to disclose Russian President Vladimir Putin’s finances and report on Kremlin-linked corruption, ABC News reported.
The newly submitted Vladimir Putin Transparency Act instructs the director of national intelligence to report on “assets, investments,...
Companies owned by Yevgeniy Prigozhin, a close associate of Russian President Vladimir Putin, have won a total of 5,393 government contracts worth $3.2 billion, according to a new report.
The investigation leading to the report was carried out by Current Time, a Russian language media project led by RFE/RL...
Russia spent about 700 billion rubles ($10.6 billion) to organize the 2018 FIFA World Cup, the chairman of the Local Organizing Committee (LOC) Russia-2018 Arkady Dvorkovich has said, according to Sport-Express.
The Monitoring Council of the Russia-2018 LOC gathered for its last session in Moscow on Wednesday.
"A sum of about...
The website of the U.S. Congress has published the latest draft of a new bill targeting Russia with additional sanctions, Unian reported.
The bipartisan bill was introduced by Senators Lindsey Graham, Bob Menendez, the late John McCain, and others. The bill, "Defending American Security from Kremlin Aggression Act of 2019" (DASKAA),...
The oil arm of Russian gas giant Gazprom, Gazprom Neft, said on Tuesday that its new long-term strategy implies growth of oil and gas condensate output by 2-3 percent per year, Reuters reported.
Gazprom Neft Chief Financial Officer Alexey Yankevich made the comment during an investor event in Hong Kong,...
Meeting with representatives of commercial banks and think-tanks are organized by the Bank of Russia, which is seeking feedback and advice from the banking sector it oversees, three people who attended the first such meeting told Reuters.
The central bank plans to meet with experts once every three months to listen...
German automobile maker Opel (part of France’s PSA Group) is returning to the Russian market after a four-year absence, the group said in a press release on Tuesday, according to Popular Mechanics Russia.
"The group’s aim is to increase its sales outside Europe by 50% by 2021 and to...
Russian miner Amur Minerals’ shares were up on the London Stock Exchange on Tuesday after the company said it had reduced the cost estimate for a road connecting its Kun-Manie nickel-copper sulfide project in Russia to the Baikal Amur rail line to $129 million, Morningstar reports.
The updated estimate...
