Transparency International Russia today published a study that gives low scores on anti-corruption and financial transparency to most of the 200 top companies studied.
The report titled Transparency in Corporate Reporting: Assessing Russia’s Largest Companies assesses the financial disclosure practices of 200 companies in Russia with respect to their anti-corruption programs as...
President Donald Trump flew overnight to the World Economic Forum in Davos, Switzerland, where he will push his “America First” agenda and seek fairer, reciprocal trade between the United States and its allies, CNN reported.
Business and political leaders the world over are anxiously awaiting what Trump will say to the...
The United States has slapped new sanctions on North Korean financial and business networks in China and Russia in an effort to cut off revenues to the Pyongyang regime of Kim Jong-un and his nuclear weapons programme, The Associated Press reports.
The move comes as the U.S. seeks to choke the...
Russia's annual Gross Domestic Product (GDP) growth will reach 3 to 3.5 percent in a couple of years, the country’s economic development minister said, local media reported Wednesday.
"The Russian economy is already growing. Given the demographic challenges that we have faced, its growth should total 3-3.5 percent. I hope...
Russia and Thailand have signed a deal for cooperation in tourism, called the “2020 program for tourism cooperation”, Tass news agency reported. The deal was signed by the head of Russia’s Federal Agency for Tourism (Rostourism) Oleg Safonov and the Thai Minister of Tourism and Sports Weerasak Kowsurat, on...
The United States delegation at the World Trade Organization (WTO) asked Russia to explain how laws prioritizing the purchase of domestically produced goods can comply with the trade organization’s rules, a filing published on Wednesday reveals.
Since the global financial crisis, a series of disputes have arisen over governments telling...
More educated Russians have been leaving the country for economic and political reasons since 2014, a new report published by the Russian Presidential Academy of National Economy and Public Administration (RANEPA) reveals.
According to The Moscow Times, researchers at the prestigious state university conducted interviews with Russian emigrants abroad and...
In the latest setback for prominent Russian opposition figure and Kremlin critic Alexei Navalny, a Moscow court has ordered the closure of his foundation, The Associated Press reports.
The court's decision on Monday upheld a request from the Russian Justice Ministry, which investigated Navalny's "Fifth Season" foundation and determined that...
France has dropped its bid to host the 2025 World Expo in Paris, authorities said on Sunday, confirming a report in French weekly Le Journal du Dimanche (JDD).
The move leaves three cities in contention for hosting the 2025 event: Russia’s Ekaterinburg, Japan’s Osaka, and Baku, the capital of Azerbaijan....
Russia’s biggest food retailer, X5 Retail Group N.V. (“X5” or the “Company”), announced today its preliminary consolidated net retail sales and operational results for last year and the fourth quarter of 2017.
The company reported a 25.5 percent jump in 2017 sales, having opened almost 3,000 mostly low-cost stores in...
