The first regulated full-featured trade platform for tokenized exchange assets in Belarus was opened this week, Forklog reports.
The exchange is set up by Larnabel Ventures, controlled by Said Gutseriev, the son of Russia's oligarch Mikhail Gutseriev, and VP Capital, а Belarusian company owned by Viktor Prokopenya, who has...
Ukrainian showman Volodymyr Zelensky, who announced his intention to run for president of the country, owns three working cinema companies registered in Russia, despite claiming otherwise in an interview last month, an investigation by Radio Liberty (RL) has revealed.
The companies are owned by Zelensky and his business partners...
While the Russian government is confident that spending budget tax revenue on foreign exchange purchases won’t affect the nation’s currency rate much, independent analysts believe that this, together with declining oil prices, may weaken the rate to 75 rubles per dollar, Nezavisimaya Gazeta reports.
As growing concerns that the demand...
Russian capital markets reached a significant milestone at the end of December when a Moscow-listed refuse-processing company called Resursosberezhenie KhMAO became the first Russian company to issue so-called “green bonds,” Finmarket reported.
Green bonds are security papers specifically earmarked to be used for climate and environmental projects. The bonds are typically asset-linked and...
Russia’s biggest bank, Sberbank, has issued an $88 million loan to Serbian state-run telecommunications company Telekom Srbija, Blic daily newspaper reported.
The announcement was made by the Russian bank after a visit by Russian President Vladimir Putin to Belgrade on Thursday.
The memorandum was initiated with a contract signed by the...
Liechtenstein-based VP Bank has closed its representative office in Moscow on the fifth floor of the Moscow World Trade Center in November, Finews.asia reports.
The Moscow office was a subsidiary of VP Bank’s Swiss unit and has had an interesting few years on the Russian financial circuit, the news...
The board of directors of Magnit, one of the leading Russian retailers, approved the appointment of Jan Dunning, former head of direct competitor Lenta, as president of the company, and also approved his election to the company’s board, Magnit announced, according to RIA news agency.
“Magnit announces the approval by...
The Russian ruble slightly weakened against the dollar on Thursday, following the downward movement of emerging market currencies after having reached a four-week high over high domestic demand on Wednesday, Reuters reported.
The currency was slightly weaker against the dollar at 66.49 and remained unchanged at 75.55 versus the...
The United States Senate has narrowly upheld a Treasury Department decision to lift sanctions from three companies connected to Russian oligarch Oleg Deripaska, Reuters reports.
A Democratic resolution that would have reversed Treasury's decision was rejected on Wednesday in a 57-42 vote, despite several Republicans criticizing the sanctions move...
A filing by the U.S.-based Oppenheimer family of investment funds submitted to the U.S. Securities and Exchange Commission (SEC) reveals the group has increased its stake in Russian tech corporation Yandex, Interfax reports.
The company that identifies itself as one of the world’s most reputable investment firms reportedly boosted...
