A decree by Prime Minister Dmitry Medvedev enacted on Thursday has frozen the Russian assets of hundreds of Ukrainian politicians and officials along with dozens of businesses owned by Ukrainian businessmen, RFE/RL reported.
The financial measures were set out in a decree signed by Russian Prime Minister Dmitry Medvedev and were...
Russian President Vladimir Putin will meet with representatives of the biggest companies from Germany on Thursday, the Kremlin press service said, according to TASS news agency.
"On November 1, Vladimir Putin will meet with representatives of largest German companies and of the German Committee on Eastern European Economic Relations. They will discuss...
Russia has climbed four spots to 31st in the World Bank’s latest Doing Business Report published on Wednesday, missing out on a top-20 spot that President Vladimir Putin had set as a goal several years ago, Reuters reports.
According to the publication, doing business in Russia became easier again over...
Russia’s rocket engine producer Energomash has said it delivered four Russian-built RD-180 rocket engines to their buyers in the United States, Interfax news agency reports.
"Four RD-180 engines have been handed over to buyers. On October 26, 2018, Pratt & Whitney, United Launch Alliance and RD AMROSS singed the engines’ logbooks,"...
A broad embezzlement scheme led by a former finance executive of Venezuelan state oil company PDVSA saw him accept $17 million in bribes, U.S. federal prosecutors said on Wednesday, according to Bloomberg. The case implicates a French oil firm and a Russian bank, prosecutors added.
The former executive, Abraham Ortega, admitted...
The Russian federal financial authority Rosfinmonitoring (RFM) will oversee and register ICO startups, exchanges, crypto services, and even blockchain wallet operators in the country, RBC reports.
According to the authority, the agency is ready to comply with long-awaited domestic Financial Action Task Force (FATF) rules to fight money laundering on the...
China’s state run shipping conglomerate Cosco is in talks to take a stake of up to 49% in Russia’s largest state-run shipping firm Sovcomflot, according to Morvesti.ru.
The Chinese giant has tabled a bid to take an initial 30% stake, rising to 49% in the future, the report says. Russian authorities...
Russia plans to use currencies other than the U.S. dollar for its commercial transactions with African countries, RT reported quoting Russian economic operators.
"I think it is possible to use other currencies in Africa," said Dmitry Mazepin, co-owner of Uralchem, the largest fertilizer producer in Russia, and Uralkali, another Russian agriculture...
Russia has blocked the EU's request for the establishment of a new arbitration panel at the World Trade Organization (WTO) on a dispute regarding pork imports from the EU, Russia’s Economic Development Ministry said in a statement Tuesday, according to TASS news agency.
"At the regular meeting of the WTO Dispute...
Early stage investment and venture capital firm ru-Net, founded by Leonid Boguslavsky, has announced it is changing its name to RTP Global, to reflect the success of its United States-based arm RTP.vc and company's evolution to a globally focussed venture capital firm, the company said in a press release.
ru-Net pioneered tech...
