The European Parliament has urged EU states to make clear to Russia that it will face tougher measures if it intensifies its "de facto blockade" of international shipping in the Sea of Azov, Unian reports.
A nonbinding resolution passed on Thursday called on EU member states to warn Moscow "that...
Russian oligarch Roman Abramovich is reportedly in talks with the richest man in the Czech Republic and owner of investment group PPF Petr Kellner for a deal to sell English premier football club Chelsea, TASS agency reported Thursday citing Czech media.
According to sources in London, the first round of negotiations...
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) will contribute $500 million into the Russia-China Investment Fund (RCIF), according to an announcement by Russian authorities, Investing.com Russia reports.
The Russian Direct Investment Fund (RDIF) is planning to add PIF into the joint Russia-China Investment Fund (RCIF), an open cooperation...
A Russian bank not known in the West and jointly owned by the states of Russia and Venezuela has emerged as a key player in Venezuelan President Nicolas Maduro's efforts to work around U.S. sanctions that are cutting his country off from the global economy, Bloomberg reports.
Evrofinance Mosnarbank, which is...
Russia’s state-owned hi-tech and aviation behemoth Rostec has won President Vladimir Putin’s final approval for integrating United Aircraft Corporation (UAC), parent of Russia’s major aircraft manufacturers Sukhoi, MiG and Irkut.
According to ATWOnline, the long-anticipated move will see Rostec become not only a supplier and services provider, a helicopters and aircraft engines...
The head of Russian biopharmaceutical company BIOCAD Dmitry Morozov has said that his firm wants to introduce medicines for treating oncological and autoimmune diseases on the Chinese market, which it considers a priority.
In an interview with TASS news agency in Madrid, at the sidelines of CPhI Worldwide, a global pharma industry...
Russia’s economic figures over the next 5-10 years will be affected by events taking place within its trade and financial partner countries, according to analysts from the Analytical Credit Rating Agency (ACRA).
The experts say foreign investments and exports would become key channels of influence. Accordingly, six foreign risks may...
Russian businessmen are ready for wide-scale cooperation with U.S. colleagues, including the high technology sector, Russian Deputy Foreign Minister Sergey Ryabkov said in a late-night political show on Channel One TV on Wednesday.
"I want to confirm the interest of business circles of the two countries toward expanding cooperation and, at...
Italian Prime Minister Giuseppe Conte is urging an end to European Union sanctions on Russia and said he is committed to boosting trade with Moscow, despite the measures, La Repubblica reports.
On his first trip to Moscow since taking office in June, Conte on Wednesday hailed Russia as an essential...
Russia's Yandex.Taxi has acquired the Nautaxi dispatch and car park management service, Vladimir Isaev, a representative of Yandex.Taxi told Vedomosti without disclosing the amount of the deal.
Nautaxi is a platform that manages car dispatching, payment for rides, and accumulated data. It services several taxi ordering services, and until the...
