Russian energy group En+, owned by billionaire Oleg Deripaska, intends to profit off cryptocurrency miners. In 2018, the aggregate demand for electricity from miners may total 100 MW, the company's CEO Maxim Sokov told Moscow business daily Vedomosti.
Sokov says En+ is negotiating with several funds that attract investments into...
Tokyo seeks to increase investment in Russia, Japanese Ambassador to Russia Toyohisa Kozuki said, adding that Japan regards the current level of investment in the Russian economy insufficient, TASS agency reported.
"Many people often say that Japan’s investment in Russia amounts only to two percent. However, this does not include...
Germany’s pharma giant Bayer filed a claim to the Moscow Arbitration Court to invalidate the resolution of the Federal Antimonopoly Service (FAS) of Russia over the watchdog’s investigation into the company’s planned takeover of Monsanto.
The Head of FAS Igor Artemyev confirmed the information.
"The largest German company Bayer, which is merging...
Hackers stole more than 1 billion rubles ($17 million) from Russian banks, a central bank official said on Tuesday.
Central bank Deputy Governor Dmitry Skobelkin told an information security conference in the Russian city of Magnitogorsk that 21 “waves of attacks” had been recorded in 2017. The hackers were using...
Trade relations between Russian and Germany seem to be on the mend, judging by the latest figures released by the authorities. After years of slumping trade activity, the exchange of goods and services between Russia and Germany saw a considerable increase in 2017.
Trade between the two nations soared by...
A German think tank has published a report in which it accused Beijing of attempts to meddle in European politics and split the unity of Europe. The Mercator Institute for China Studies (MERICS) said China is a bigger threat to Europe than Russia, the Kommersant newspaper reported.
The report named Hungary, the...
The Russian Central Bank said on Monday it expects the soccer World Cup hosted by Russia to bring a small boost to the country’s economy. However, the event could also cause a short-term inflationary effect, the Bank of Russia added.
In emailed comments to Reuters, the central bank said spending on preparations for...
The top Democrat on the Senate Finance Committee has asked the Treasury Department for any records involving a Russian oligarch and his purchase of a U.S. mansion home from Donald Trump before he became president, The Palm Beach Post reports.
Dmitry Rybolovlev, who made his money as a fertilizer magnate...
Demand for Dubai hotels has been on the rise last month, driven by a resurgent Russian tourism source market, Emirates industry monitor STR said in its latest report, according to Arab News.
“High demand was enough to outpace somewhat slowing supply growth and push a positive occupancy comparison,” STR said, as...
Russian people have become less adverse towards the United States, the European Union, and Ukraine over the past several months, though overall negativity towards the West remains, a survey conducted by the Russian Levada Center pollster shows.
According to the survey published by the Izvestya newspaper, 52% of the respondents were negative towards the U.S.,...
