Ukrainian state energy company Naftogaz is suing Russia at the Hague Tribunal with a request to oblige the Russian Federation to pay $5.2 billion in compensation for losses inflicted following the seizure of the company’s assets in Crimea, RFE/RL reported.
“At the end of June, NJSC Naftogaz of Ukraine and...
The five largest sports betting operators in Russia nearly doubled their revenue last year on the back of the FIFA World Cup being played in their back yard, CalvinAyre.com reported.
The country’s five biggest bookmakers hit 110 billion rubles ($1.7billion) in total revenue last year, up more than 86% from...
Russia’s state-run lender VTB became a co-owner of the newly-established Qatari financial institution CQUR Bank, which can be potentially used to implement joint Russian-Qatari projects, Kommersant reports.
However, experts interviewed by the business newspaper do not rule out that CQUR was created as a return investment for VTB in the...
The Prime Minister of Belarus Sergey Rumas has said that a draft updated program of action to implement the Union Treaty between Russia and Belarus has been drawn up, Nezavisimaya Gazeta writes.
According to the PM, there are no political topics in the program, which has the main theme of...
Moscow’s occupation of Ukrainian territory makes it unacceptable for Russia to be reintegrated into the elite G7 group, Poland’s president said on Monday, according to RIA Novosti.
President Andrzej Duda’s remarks came after U.S. President Donald Trump insisted last month that Russia, which was barred from the G7 in 2014...
China has become a world leader in the new technologies and bilateral cooperation in this field is “of great importance for Kazakhstan,” said Kazakh President Kassym-Jomart Tokayev delivers remarks at the Kazakhstan-China Business Council in Beijing, EURACTIV reported.
“We are interested in creating joint innovative enterprises, technology parks and IT...
Former members of Russia’s national soccer team have asked a Moscow court to join their civil claims seeking to recover in total 260 million rubles (about $4 million) from the Interior Ministry for an allegedly unsatisfactory probe into fraud at the now defunct Zamoskvoretsky Bank, RAPSI reports.
The ex-soccer players believe...
The venture capital arm of Russian investment conglomerate AFK Sistema, Sistema_VC, will invest $10 million in UK start-up SenSat, Tech.eu reported.
The company founded in 2015 develops digital copies of physical objects for infrastructure projects.
The investment round was headed by Chinese private investment company Tencent, but other investors and shares...
As economic sanctions and weak investment take their toll on the Russian economy, the growth of the country’s GDP this year is expected to slow to 1 percent from 1.2 percent projected in June, the World Bank said on Wednesday, according to Reuters.
This is the fourth time this year...
A subsidiary of Russia’s state nuclear corporation Rosatom could buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Canada-listed Wealth Minerals Ltd, the Canadian company said on Tuesday, according to Reuters.
Under a deal struck with Wealth, the Russian nuclear firm has the option to...
