The blockchain arm of Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help domestic companies tokenize their assets once appropriate regulations are in place, Coin Telegraph reports.
The new enterprise is being launched by senior staff at...
Exports from Egypt to Russia in the first four months of this year increased by 41% and reached $284 million, compared to $201 million during the same period in 2017, according to Minister of Trade and Industry Amr Nassar.
According to Reuters, Nassar said that the large increase in Egyptian...
Freelance taxi drivers, dating apps and bars where fans gather to watch matches or celebrate their teams' victory are among the big winners from Russia’s World Cup, The Associated Press reports.
Moscow's beer kegs are emptying fast and demand for Vladimir Putin T-shirts is overwhelming St. Petersburg street vendors as...
Macro fundamentals supporting the Russian ruble in the long term will lead to the Russian currency gaining strength, analysts at Danske Bank said, according to FXStreet. They forecast USD/RUB at 60.10 in three months and 55.70 in 12 months, while also pointing to geopolitical escalation as a serious short-term...
Declines in the motor sector and some commercial lines, combined with profitability challenges, have narrowed the field of non-life insurers in Russia, says Valeria Ermakova, senior financial analyst at A.M. Best.
According to Ermakova, Russia’s economy is showing signs of a recovery, and the increase in gross domestic product is...
A court in France’s Aix-en-Provence has cleared Russian senator and key shareholder in the country’s largest gold producer, Suleiman Kerimov, of money-laundering charges and changed his status to ‘witness.’
However, Nice Public Prosecutor Jean-Michel Pretre has indicated that his agency will analyze the decision and is likely to appeal it,...
Shareholders of London-based gold mining company Petropavlovsk will vote on Friday at a meeting in the UK capital, with a Kazakh cryptocurrency tycoon and a banking heir pitted against hedge funds such as DE Shaw and the chairman of Chelsea Football Club Roman Abramovich, Bloomberg reports.
The two camps have...
Russia has submitted a claim to the World Trade Organisation against U.S. duties on imports of aluminum and steel, Russian Economy Minister Maxim Oreshkin said in a statement, according to TASS.
U.S. President Donald Trump imposed the tariffs in March, levying 25 percent on steel imports and 10 percent on aluminum....
U.S.-based multinational payment system Visa, FIFA’s official partner and global sponsor of the World Cup, has released its initial data on expenditures by foreign fans visiting Russia for the tournament, RBC reported.
The biggest spenders at the World Cup were visitors from the United States, China, and Mexico. Football fans in...
With the soccer World Cup in full swing in Russia, domestic fans have so far bought nearly a third of the total available tickets - more than 800,000, Russia-dedicated Dutch website Raam op Rusland reported.
According to analysts, the surprising interest of Russian fans for the relatively expensive soccer entertainment is...
