The most profitable American lobbying company, international law firm Akin Gump Strauss Hauer & Feld, is taking a major hit to its Russian operations, with Moscow rainmaker Ilya Rybalkin deciding to leave the firm due to sanctions, Legal Business reports.
Rybalkin cited ongoing geopolitical tensions as being behind his decision...
The steady depreciation of the ruble, which lost 20% of its value against the dollar since the beginning of the year, is irritating the country’s citizens, says a report by Romir Research Holding based on recent opinion.
Three-quarters of those surveyed said that the devaluation is "a problem for the...
At least 84% of company owners in Russia are ready to sell part of their assets due to their inefficiency or risks, RBC reported on Tuesday, citing a poll conducted by the audit and consulting company EY.
In particular, 33% of respondents are ready to sell economically inefficient assets...
Russia’s central bank edged closer to raising interest rates for the first time since 2014 as its counterparts across emerging markets resort to higher borrowing costs to counter slumping currencies and inflation risks, TASS news agency reports.
Governor Elvira Nabiullina said Tuesday that there were factors in favor of...
EU diplomats have decided to prolong the visa ban and asset freezes by another six months of politicians from Russia and separatists in the regions of Crimea & Donbas, The Siver Post reports.
Earlier, Montenegro, Albania, Norway, and Ukraine announced an intention to reconcile their national policy with the prolongation...
Russia’s Ministry of Digital Development, Communications and Mass Media is ready to mediate in a dispute between the country’s top internet company Yandex and media outlets, Deputy Minister Alexei Volin said on Tuesday in an interview with official news agency TASS.
The media holdings accuse one of Yandex’s services of...
China’s e-commerce giant Alibaba is partnering with two Russian companies on a joint venture as it looks to form its “digital silk road” across Eurasia, The Financial Times reported. Sources told the newspaper that Alibaba was close to finalizing a partnership with Russian internet company Mail.ru and the country’s sovereign...
Russian police have confiscated 22 ATMs selling cryptocurrency in several cities in Russia last week, CCN reports citing local media.
The machines, operated by the Bbfpro company, were located in shopping malls, restaurants and stores in nine different Russian cities, the media quoted Digital Rights Center lawyer Sarkis Darbinyan as saying.
In a separate...
Russia will stop shipping U.S. astronauts to the International Space Station (ISS) after a contract for the services expires in April 2019, Deputy Prime Minister Yury Borisov said, according to RIA news agency.
“The return flight of a Soyuz-MS next year will finalize the fulfillment of our obligation under a contract with...
