U.S. sanctions against Rusal are expected to stay in place, Alexander Shokhin, the head of the Russian Union of Industrialists and Entrepreneurs (RSPP), said on Tuesday on the sidelines on the Gaidar Forum.
"They will stay as is; the Democrats have already settled in their places, they will start...
Russia’s biggest lender Sberbank has filed a bankruptcy petition against a Moscow resident owing 6.3 billion rubles ($94 million) to the bank, the Russian legal information agency RAPSI reported citing Orenburg Region Commercial Court’s records.
Chernov is the beneficiary and owner of Uralelectrostroy, a company engaged in the construction of...
U.S.-sanctioned Russian tycoon Oleg Deripaska will participate in the World Economic Forum in Davos, Switzerland, as the chairman of the Volnoye Delo foundation, the forum’s official program published on Tuesday reveals, according to Regnum.ru.
However, Deripaska’s participation in panel discussions and sessions has not yet been announced, the news outlet...
Some 11 Republican senators broke ranks with their leadership and the administration on Tuesday to side with Democrats in a showdown over sanctions on Russia, CNN reported.
The senators supported a resolution disapproving a Trump administration plan to ease sanctions on Russian companies tied to Russian oligarch Oleg Deripaska,...
Russia's Sberbank has teamed up with supermarket chain Azbuka Vkusa to let shoppers pay for groceries with their fingerprints, CNews.ru reports.
Once Sberbank customers have registered their biometric data they can leave their wallets and phones at home and pay with their fingers at 20 Azbuka Vkusa stores in Moscow.
Separately, Sberbank says...
The Russian currency held firm on Tuesday as the Bank of Russia was set to break a five-month hiatus in foreign exchange purchases, Reuters reported.
At 0745 GMT, the ruble was stable against the dollar at 67.11 and had lost less than 0.1 percent to trade at 77.00 versus the euro. Brent...
Russian internet criminals have seriously stepped up their activities since the beginning of the year, cybersecurity company Group-IB has said, according to Izvestya.
The number of identified and blocked websites in the first two weeks of January increased 2.5-fold, the company said citing data from its Cyber Security Incident Response...
Leading Russian commercial bank Alfa Bank is worth 343,4 billion rubles ($5.1 billion), the bank said in a report filed with the government as part of a mandatory valuation of its shares in December 2018, Vedomosti reports.
According to the bank, the market value of one of its ordinary shares as of December 13 was...
Moscow has never promised Belarus any help over losses incurred due to an overhaul of Russia’s oil tax after Minsk requested compensation, Russian Prime Minister Dmitry Medvedev said on Monday, according to RBC.
“I want to remind you once more that, first of all, we have never promised anyone to...
Japanese air carrier ANA Holdings will begin offering direct flights to Russia in the coming months, emboldened by the prospect of increased business travel as the two countries deepen their economic cooperation, Russian news outlet Sputnik reported.
The company will offer daily flights from Tokyo to Moscow and Vladivostok starting...
