With over 91 million website visitors in 2018, Russian online bookmaker Fonbet is the country’s most popular online sports betting website, European Gaming reported.
Fonbet narrowly edged out rival 1xBet, which had a little over 90 million visitors last year, data compiled by Betting Business Russia shows. Fonbet’s Russian-licensed Fonbet.ru...
"Russia’s federal budget plans around $320 million for the development of tourist infrastructure for this year and two coming years," Prime Minister Dmitry Medvedev said on Monday, according to RIA news agency.
"I signed a government decree, whereby we will allocate subsidies for the establishment of supporting the infrastructure of...
German lender Deutsche Bank scrambled to unload a $600 million loan to Russian state-owned bank VTB in late 2016 in order to minimize its financial ties to Russia, which had been accused of meddling in the U.S. election, The Wall Street Journal reported.
Congressional investigators said they expect the...
The smallest of Aeroflot Group’s four subsidiaries, Russia’s Aurora Airlines, reports that its operating results in 2018 have improved by five percent over the previous year, AvioPort.ru reports.
The airline, which serves Russia’s Far East regions, carried some 1.623 million passengers, retaining the 14th place in the ranking of Russia’s...
U.S. investment bank JPMorgan Chase & Co. downgraded shares of Russia’s Polymetal International to an underweight rating in a research report sent to investors on Thursday, according to Directors’ Talk Interviews.
The firm currently has an $11.24 price target on the mining company’s stock, up from their previous price target...
Russia’s only low-cost carrier, Aeroflot subsidiary Pobeda Airlines, is to enlarge its fleet by 50 per cent for this year’s IATA summer schedule, as the airline targets the 10-million passenger mark in 2018, Rusaviainsider.com reports.
According to the company, the fast-growing airline will have 30 aircraft in its monotype fleet...
The 5th International Business Forum “Arctic: Territory of Dialogue” will be held in Russia’s St. Petersburg on April 9 and 10, with President Vladimir Putin attending, the Roscongress Foundation, which organizes the event, told Russian media.
"The main theme of the upcoming Forum is ‘The Arctic. An Ocean of Opportunities’,"...
The Executive Chairman of the World Economic Forum (WEF) Klaus Schwab will be invited to the 5th Yalta International Economic Forum (YIEF), its co-chair Andrey Nazarov told the Izvestya newspaper.
According to Nazarov, the YIEF organizers are interested in cooperation with their Swiss colleagues, and they will propose a...
The U.S. State Department’s Special Representative for Ukraine negotiations, Kurt Volker, says both Washington and Brussels could impose additional sanctions on Russia as early as February in case Moscow refuses to release Ukrainian sailors captured during an incident in the Azov Sea in November, RFE/RL reported.
Volker said the...
Russia began reducing investments in U.S. government bonds again in November, data from the U.S. Treasury Department reveals, according to Ura news agency.
In November, Russia's total investment in U.S. securities amounted to $12.814 billion, a decrease of $1.8 billion compared to October. Of this amount, 3.75 billion were invested...
