Russian President Vladimir Putin was sworn in for a fourth term in office on Monday, using his inaugural speech to promise an economic program that would improve living conditions across the country. He said that improving Russia’s economy would be a major goal of his next six years in office,...
Rosneft, a Russian state-owned oil company sanctioned by the European Union and the United States has found an ingenious workaround involving a Moscow bank taking a detour to Dublin, Bloomberg reports.
On April 6, the U.S. Treasury Department released a new set of targeted sanctions aimed at some of Russia’s biggest...
The world's second-largest aluminum producer, Russian giant Rusal, and its owner Oleg Deripaska lost about 96 billion rubles ($1.5 billion) in capitalization in the first month after the U.S. Treasury imposed the latest wave of sanctions against Russian businessmen and companies, News.ru reports.
At the close of trading on April 5,...
Around 2.5 million, or 90% of available tickets for games due at this year’s soccer World Cup in Russia have been sold, deputy prime minister Vitaliy Mutko has said.
According to TASS agency, Mutko added that more than half of the tickets have been sold to foreign buyers. Russian officials have...
Investigators working with special counsel Robert Mueller questioned Russian oligarch Viktor F. Vekselberg as part of the probe into Russian election interference, The New York Times reports.
According to the report, the investigators stopped Vekselberg, a Russian billionaire who attended President Donald Trump’s inauguration, at a New York-area airport this year...
As Vladimir Putin prepares to be inaugurated for his fourth term as president Monday, Russian companies are expecting wide-ranging reforms, and are full of suggestions for a new government with promises to revitalize the country's economy, AFP reports.
Тhe new government will be tasked to fulfill the ambitious goals that...
The House Armed Services Committee on Friday unveiled details of its $717 billion defense policy bill which authorizes the level of defense spending and sets policies controlling how the funding is used, The Hill reported.
Citing a “crisis point,” including 25 service members killed in military aviation accidents this spring,...
Financial Group Budushchee, which controls one of Russia’s largest private pension fund groups, posted a net loss of 15.8 billion roubles ($249.2 million) last year, it said on Friday.
FG Budushchee, which manages pension funds worth a total of 335 billion roubles covering 5.2 million people, made a net profit...
Russia’s total public debt as of the beginning of the year stands at 33 percent of the country's GDP, which represents a 7 percent year-on-year decrease, the Russian Central Bank said in its annual report for 2017, released on Friday, noting this was considered a moderate debt burden.
"As of January...
Dutch authorities have launched a probe against seven companies and their management for dodging Russian sanctions, Reuters reported.
The prosecutor initiated the probe following reports by AD on the export of machinery and machine parts to Russia. The companies named are Gelderlander, Dematec Equipment, and Biljard Hydrauliek.
The three firms are involved...
