A shipyard in China has reportedly refused to finish repairs of a Russian vessel said to be involved in the transfer of refined petroleum products to North Korean vessels over fears of U.S. sanctions, Dialog.ua reports.
Russia’s Gudzon was one of two Russian shipping companies and six vessels – including...
Possible new oil and gas projects are already discussed between Russia and U.S. energy giant Exxon Mobil Corp., potentially creating a dilemma as the U.S. government mulls more sanctions against the country, Bloomberg reports.
The official consultations could expand existing cooperation between the U.S. giant and state-run Rosneft, Russian government...
The head of Russia’s central bank, Elvira Nabiullina, believes that “crypto fever” is beginning to diminish, RBC reports citing RIA news agency.
Nabiullina, while speaking at finance innovation forum FINOPOLIS held in the southern Russian city of Sochi, said that she believes cryptocurrencies and blockchain are now being treated more...
FINOPOLIS 2018, a Forum of Innovative Financial Technologies, kicked off in Sochi on Thursday, Vesti.ru reports.
“The Central Bank, as a regulator, faces major challenges in the process of supporting financial technologies. We have to pass between Scylla and Charybdis: avoid stifling financial technologies as they are tenderly embraced by...
Roman Abramovich, Alexander Abramov and Alexander Frolov do not plan to sell their 6.3% stake in metals giant Norilsk Nickel at the current market price, sources close to the businessmen have said, according to RBC.
Abramovich, Abramov, and Frolov are generally satisfied with their package, while they are not intimidated...
As a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system, more major Russian companies are exploring ways to do deals abroad without using dollars, VOA News reports.
In order to reduce reliance on the greenback, the Kremlin has been pushing...
Russian Foreign Minister Sergey Lavrov has blasted new U.S. sanctions on Iranian businesses, saying Washington appears to be taking every opportunity to exert pressure on countries it dislikes, RIA news agency reports.
The U.S. Treasury Department on Tuesday slapped sanctions on Bank Mellat and Mehr Eqtesad Bank and other companies...
Russia is working on implementation of the agreements with China and is satisfied with the way relations with its neighbor develop, President Vladimir Putin told Yang Jiechi, member of the Communist Party of China (CPC), after meeting him at a session of the Valdai International Discussion Club on Thursday,...
Russia’s oil and gas giant Rosneft, which owns downstream assets in Germany including stakes in a number of oil refineries, plans to invest around $690 million in the German downstream market, Russian government documents showed on Thursday, according to Reuters.
The company has been looking for ways to expand its...
Russia is shifting its investment preference gears. Moscow is decreasing its funding of America’s national debt, so U.S. government bonds may be replaced by deposits into banks of more friendly countries or investments in gold, according to experts interviewed by Izvestya.
Reducing investment in U.S. debt fits into the logic...
