The Russia-China Investment Fund (RCIF) and a Chinese partner will set up an investment fund worth $1 billion, the co-head of the Fund and Chief Executive Officer of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev said Thursday.
"Tomorrow we will announce an agreement with one of China’s leading funds...
President Vladimir Putin signed the Federal Law "On Measures to Counter Unfriendly Actions of the United States of America and/or Other Foreign States" after it was overwhelmingly passed by both chambers of the Russian parliament, VOA news reported.
Following its first reading, the draft law underwent significant amendments in response...
A trio of astronauts from Russia, the United States, and the European Space Agency blasted off Wednesday for a mission on the International Space Station (ISS), The Associated Press reported.
At the Russia-leased Baikonur cosmodrome in Kazakhstan, the spacecraft lifted off as scheduled, carried by Soyuz booster rocket. Serena Aunon-Chancellor of...
Russian President Vladimir Putin expressed confidence in the development of the country’s economy and accused the West of trying to thwart its progress, calling sanctions against his country “a big mistake.”
According to Reuters, Putin set a familiar tone for his new term in the annual marathon call-in show broadcast...
The Russian-Moldovan forum, which will be held in Chisinau in September, will bring business deals to the tune of more than $150 million, one of the forum’s organizers, Andrei Nazarov told Izvestya.
The Russian-Moldovan Economic Forum is a business event organized to cover prevailing issues of trade cooperation between both...
Russia’s Summa Group, whose owner Ziyavudin Magomedov was arrested for embezzlement last month, could be forced to abandon its idea to create a national container operator based on Transcontainer, Kommersant reports.
Following the sale of the Novorossiysk Commercial Sea Port, Summa currently wants to sell a blocking stake in Transcontainer with a...
Kazakhstan’s energy ministry has introduced a three-month ban on the import of Russian gasoline, official documents reveal, according to Platts. The ban, which markets sources say could be related to rising gasoline prices in Russia, becomes effective 10 days after its publication, the document says.
According to Kazakhstan's energy minister...
Тhe Russian Ministry of Industry and Trade plans to extend a duty-free system to all Russian cities after a pilot project in several Russian urban centers hosting the 2018 FIFA World Cup, Industry and Trade Minister Denis Manturov said on Wednesday.
"After testing the pilot duty-free project, we plan to...
Non-cash payments at stadiums during the upcoming soccer World Cup in Russia will be available only with Visa payment system cards, Kommersant business daily reports.
The holders of other payment systems will have to pay cash at the stadiums, fan zones and all official venues, the report, titled “Visa scored a...
Russia will continue to liberalize the legislation in the business sphere to provide foreign investors a healthy business climate, President Vladimir Putin said on Tuesday at a meeting with the Austrian business community.
"We will continue to do everything needed, in particular, for the Austrian business to feel comfortable on the Russian...
