France has bestowed one of its highest honors on Kirill Dmitriev, the head of Russia's sovereign wealth fund, for his contribution to strengthening cooperation between Russia and France, TASS news agency reports.
Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF) that has $10 billion of reserved capital under...
Russian entrepreneurs are taking active steps to conceal their origin amid U.S. sanctions and general distrust toward Russia in the West, Business Insider writes.
One Russian business leader interviewed by the media outlet insisted that his Moscow-based business was Estonia-based for having a small office there. Another suggested that the location...
The United States Treasury Department has once again postponed the enforcement of sanctions against Russian aluminum giant Rusal and two other companies to allow their top shareholder time to carry out a plan to cut his holdings, VOA News reports.
The Treasury said it was giving Russian tycoon Oleg Deripaska an additional...
Four hotels in Ukraine’s Crimea region, annexed by Russia, have been placed under U.S. sanctions against Russia, including the Mriya Resort & Spa, ranked as the world’s best holiday hotel and resort by the prestigious World Travel Awards, Russian media report.
On Thursday, the U.S. Treasury Department broadened the list...
The 25th anniversary of the international exhibition Autocomplex took place at the beginning of this month at the Expocentre Fairgrounds in Moscow, Transper.ru reports.
The event, organized by ACS EXPO with the support of the Moscow Government, Russian Fuel Union and under the auspices of Expocentre AO, gathered professionals from...
As Russia-U.S. tensions rise and pro-Kremlin politicians call repeatedly to close the Russian chain of global fast food giant McDonalds, the company’s management is taking a new tack: Go Russian, The Wall Street Journal reports.
Earlier this year, the company boosted the share of Russian suppliers its restaurants use...
The United States on Thursday imposed sanctions on two Ukrainians, one Russian and nine entities in Ukraine and Russia, for Moscow's annexation of Crimea and related human rights abuses, the U.S. Treasury said, according to Gazeta.ru.
One of the entities sanctioned – a company called Southern Project - was linked...
Russian state-run technology conglomerate Rostec wants to achieve full independence in its ability to develop civil aircraft in order to avoid being "pushed around" by dominant companies and countries in the industry's supply chain, a senior Russian state executive said, according to Reuters.
Viktor Kladov, director for international cooperation and regional...
Experts interviewed by the Izvestya newspaper say Washington’s move is unlikely to seriously shatter Russia’s positions in the global financial system. However, the forecast about one more package dubbed the "bill from hell" is more pessimistic as these economic restrictions may hit the ruble, analysts say.
The Chairman of the Russian...
The Kremlin on Wednesday said the Davos World Economic Forum would be "rejecting its roots" if it blacklisted top Russian oligarchs including Oleg Deripaska, Vedomosti reports.
The statement comes after several U.S.-sanctioned Russian tycoons, including aluminum magnate Deripaska, Andrei Kostin, head of Russian state bank VTB, and billionaire Viktor...
