Sunday, May 5, 2024
Russia’s online video service Amedia TV has signed an exclusive deal with U.S. television network CBS, licensing series from Showtime for the Russian market, WorldScreen.com reports. The multiyear, multi-series content deal covers current Showtime series, as well as numerous series from the Showtime library. Amedia TV is one of Russia's...
Despite tense relations with the West and sanctions risks, Russia remained one of the 10 most popular destinations for foreign investment in Europe in 2018, says a new rating by Ernst & Young, according to RBC. Russia was the ninth most attractive investment destination among European countries, despite the fact...
The Saint-Petersburg Exchange said last week it has added 100 shares in U.S. companies worth a total $364.4 billion to its trading platform, Reuters reported. The stock exchange said it also planned to start trading shares of ride-hailing giant Uber Technologies in the third quarter. The company first listed its...
Russian investment in Africa has reached $20 billion in 2018, the country’s foreign minister Sergey Lavrov said during the 2019 Annual Meetings of the African Export-Import Bank (Afreximbank), according to Riafan. The top diplomat said that Russia had made investments in such sectors as mining, energy and railway sectors and...
The Russian services sector deteriorated in June for the first time since January 2016, with fall in output, new business and employment, survey data from IHS Markit showed on Wednesday, according to bne Intellinews. The services purchasing managers index, or PMI, fell to 49.7 in June from 52.0 in May. Any reading...
Russia’s current account showed a $45.6 billion surplus in the first half of this year, a figure lower 4% than the one recorded in the same time last year, the Bank of Russia said this week, according to Investing.com Russia. The surplus, according to preliminary estimates, was mainly the result...
Russia has lifted sanctions on Eritrea, which have been in place for almost ten years, after president Vladimir Putin signed an officially published decree, Lenta reports.  "In view of the UN Security Council adopting the Resolution 2444 on November 14, 2018, which stipulates lifting measures imposed against Eritrea, I declare...
German company Gebr Heinemann has expanded its presence in Russia by acquiring Kapo Duty-Free, the country’s leading border-shop duty-free retailer, TRBusiness reported. Kapo operates 12 border shops as well as three smaller regional airport stores in Russia. It has been a Gebr Heinemann wholesale customer for over 20 years, Heinemann...
More than two thirds of Russians were quite confident about the security of their employment, while 20% feared losing their jobs, а recent study by the Gaidar Institute for Economic Policy revealed, according to TASS. The study, conducted in 2018, was released by the experts from the institute and the Russian Presidential Academy...
The Russian government took a “bold move” in announcing plans to manufacture an electric car with a foreign car manufacturer, considering the lack of infrastructure and government support for EVs and the extremely low number of EVs in circulation in Russia, IHS Markit analysts said this week, according to OilPrice.com. Last week,...