The Venezuelan government has offered Russian companies to participate in gold exploration and gold mining in the country, Russia’s Ambassador to Venezuela Vladimir Zaemsky has said, according to RIA news agency.
“As for Russia’s participation in gold-mining or other mining projects, Venezuela has made a wide range of interesting proposals that are currently under...
Shares of Russia’s aluminum giant Rusal at the Hong Kong stock exchange (HKEX) rose by 6.1, against the backdrop of the resignation of Matthias Warnig, chairman of the board of directors, who stepped down in line with instruction from the U.S. Treasury Department to lift sanctions against the company, TASS news...
Western hedge funds and major financial institutions were key advocates in getting the business sanctions against Russian oligarch Oleg Deripaska lifted, Yahoo News writes citing sources.
According to three sources with direct knowledge of Deripaska’s businesses — two who previously worked for him and one who worked for a hedge...
The ruble fell to lows last seen mid-September on Wednesday amid low trading activity and oil prices dropping to below $50, a one-year low, Reuters reported.
By 11:22 Moscow time, the ruble fell 0.43 percent against the dollar to 68.96, being near the minimum reached last week from mid-September...
The participation of Russian President Vladimir Putin in the World Economic Forum in Davos next month is not ruled out, Kremlin spokesman Dmitry Peskov said on Wednesday, according to Reuters. Putin has not attended the forum for a decade, sending top government officials instead.
Earlier this month, Russia shrugged off...
Moscow and Beijing have decided to postpone the signing of an agreement on mutual settlements in national currencies, Russian Finance Minister Anton Siluanov has announced, according to RNS.
The two countries strive to reduce the share of U.S. dollar in bilateral trade amid U.S. sanctions and trade tensions. In...
The Russian Finance Ministry is considering issuing Eurobonds in euros and possibly yuan in 2019 and the amount of the euro deal could be higher than in 2018, Finance Minister Anton Siluanov said, according to Fomag.ru.
He also said it would be hard to fulfill the borrowing plan of Russia's...
Moscow’s real estate market is plagued by unscrupulous sales agents who use a variety of ploys to separate the Russian capital’s residents from their money or property in the largest city in Europe, The New York Times reports.
Russian media coined the phrase ‘black realtors’ and described the agents as...
Russian automaker GAZ is continuing talks with the U.S. Treasury Department aimed at lifting U.S. sanctions, and the company is implementing internal measures to encourage the process, Russian Finance Minister Anton Siluanov has said, according to Reuters.
Last week, the U.S. Treasury extended a deadline for investors to divest from GAZ to...
Russia’s technological major Yandex has announced it has entered into agreements to acquire four hectares of land for its new headquarters in Moscow. The deal is valued at a total cost of approximately $145 million, Restate.ru reported.
The land, known as the Kosygina Site, is an attractive peace of property situated...
