A Washington, DC Court of Appeals has rejected an appeal by Russia’s Kaspersky Lab in the software company’s case against the United States, The Hill reports.
On Friday, the court panel upheld an earlier district court ruling that Kaspersky could not bring a lawsuit against the U.S. government in hopes...
In a series of tweets from Buenos Aires, where he is attending a G20 summit, U.S. President Donald Trump has defended his decision to seek a business deal in Russia in 2016 even as he pursued the Republican presidential nomination, RFE/RL reports.
Trump said he had "lightly looked" at a...
The head of Russia’s state-owned VTB Bank has appeared at Russia’s largest financial conference wearing a Jedi costume from the sci-fi saga Star Wars, eclipsing his controversial appearance last year in a Stalin costume, Meduza reports.
VTB chief executive Andrey Kostin, who was included in a U.S. Treasury Department sanctions...
Russian billionaire Roman Abramovich, who owns English soccer team Chelsea FC, could challenge the monopoly of the state-run cinema fund for film financing with his newly-launched film fund, RBC reported citing sources.
The fund will manage $15 million a year, according to Russian media. For comparison, the annual budget of...
Russia’s second-largest banking group, VTB, may be forced to cut dividends in response to new capital requirements that come into force next year, Andrey Kostin, the head of Russia’s state-controlled lender, said in an interview with Bloomberg.
Kostin said he had failed in his efforts this week to persuade the...
The Governor of the Central Bank of Russia Elvira Nabiullina sees current market conditions as fit to restart foreign currency purchases off the market in January, Vedomosti reported citing the governor’s comments made during the VTB Bank’s annual investment forum “Russia Calling”.
"If the current situation on the financial markets...
U.S. President Donald Trump abruptly canceled planned talks with Russian leader Vladimir Putin, as both presidents arrived in Argentina for a summit of the world’s 20 leading economies, AFP reports.
Trump called off Saturday’s bilateral with President Vladimir Putin at the G20 minutes after saying it would “probably” still happen...
Russia’s Intellectual Property Court (IP Court) has ruled to recover nearly $55,000 from Moscow Regional firm Strela in favor of Microsoft Corporation for violating the U.S. company’s exclusive rights to operational systems, the country’s legal information agency RAPSI reports.
In December 2015, Strela and Microsoft signed an agreement including provision...
The latest tensions surrounding the Kremlin’s decision to seize three Ukrainian naval ships in the Azov Sea are forcing foreign investors to reconsider Russia as Moscow faces the possibility of broader and tougher Western sanctions, Reuters reports.
An extension of existing sanctions on Russia is considered by EU leaders, and...
Russian President Vladimir Putin has hit out at U.S. sanctions against Moscow, saying that Russia has been forced to reduce its dependence on the U.S. dollar because of American political pressure, Bloomberg reports.
Speaking at the Global Investment Forum in Moscow on November 28, a day after Russia raised 1...
