A member of Germany’s ruling CDU party has said that Europe may need to impose stiffer sanctions against Moscow following the country’s seizure of three Ukrainian navy vessels and their crews over the weekend, Reuters reports.
Norbert Roettgen, an ally of German Chancellor Angela Merkel, made the remarks on Tuesday as...
French food giant Danone is interested in buying a Russian baby food producing company from the Lipetsk region, Progress (FrutoNyanya brand), business newspaper Kommersant reported on Monday citing sources.
The cost of the asset is estimated at $530 million. The transaction will allow the company to more than double its...
Banks from India are likely to allot a branch each to handle all Russia-related businesses following U.S. sanctions against that country, The Hindu Business Line reported, citing sources.
According to the report, the move was proposed at a joint meeting between the Indian and Russian-based banks, which was coordinated by...
Trade turnover between Russia and the United Kingdom may reach $14 billion by the end of 2018, according to the Russian trade representative in the UK.
Speaking at a business event in London, Boris Abramov assessed that businesses are clearly shrugging off the singularly fraught political relationship between the...
Russian broker dealer BCS Global Markets has just launched a new Portfolio Swap product that provides universal access to the Russian capital markets through an OTC instrument and aims to make trading in Russia easier and cheaper, Intellinews reports.
The synthetic prime brokerage offering can be U.S. dollar-denominated, enabling any investment vehicle...
Russian miner Alrosa reported that it had raked in $9.5 million from the sale of 141 special sizes (over 10.8 carats) rough diamond in an auction in Dubai, Ysia.ru reports.
The company sold 141 rough diamonds weighing a total of 2,140 carats. Firms from India, Belgium, UAE, Israel, Hong Kong, and...
Russia’s Analytical Credit Rating Agency (ACRA) has assigned an AAA (RU) creditworthiness rating to Gazprom Export LLC, with a stable outlook, Oil Voice reports.
The rating is the highest under the national scale for the Russian Federation and this is the first time Gazprom Export has been elevated to the level.
The...
The Russian city of Yekaterinburg is in contention along with Japan’s Osaka and Azerbaijan’s capital, Baku, to host the 2025 World Expo, an event expected to draw millions of visitors and showcase the local economy and culture, TASS news agency reported.
Member states of the Paris-based Bureau International des Expositions...
Luigi Tozzi-Spadoni, а top manager from Italy who has worked in Russia for the past three years, says he thinks Russia's economy has a brighter future than that of some European countries.
In an interview for Russia Beyond, the manager, who works for Baker Hughes, a General Electric Company in...
Despite Russia's worst year for equity sales in a decade, Russian companies remain committed to planned stock market listings in 2019, sources and bankers have told Reuters.
At least 10 Russian companies had been lining up for over $4 billion worth of initial public offerings (IPOs) this year in Moscow...
