Russian business ombudsman Boris Titov said on Monday that business owners have lodged 24% more official complaints about criminal proceedings against entrepreneurs with the government’s in 2019 than the previous year, The Moscow Times reports.
Ombudsman Boris Titov said he was particularly concerned by the sharp increase in the number...
Moscow is counting on signing major new contracts between Russia and African partners, said Oleg Ozerov, deputy director of the African Department at the Russian Ministry of Foreign Affairs, at a press conference organized by the Russia Today MIA.
He recalled that very large contracts were signed at the Russia-Africa...
Chinese diplomats were dumbstruck after Russia barred entry to Chinese citizens as a coronavirus prevention measure, business daily Kommersant reported Wednesday.
Russia announced the temporary entry ban for Chinese tourists, workers, students and private travelers starting Thursday. The suspension does not affect non-Chinese nationals traveling from China, and Chinese transit passengers will be allowed to...
The United States is preparing to intensify its measures to prevent what it sees as unfair trading practices around the world, but denied that this represented a slide towards a new form of “protectionism” which might damage the wider economy, key U.S. officials have said.
Treasury Secretary Steven Mnuchin, who...
The London-based head of equity trading at BCS Global Markets, Russia’s biggest brokerage, has been suspended after less than five months in the job, Bloomberg reported on Wednesday.
Alexei Bachurin has been absent from his desk at BCS Global Markets since the beginning of February, according to three people familiar with...
As the Arctic gains geopolitical importance due to global warming and new trade routes open in the once frozen northern ocean, Russia seems to have the upper hand in the ‘Arctic Cold War’, columnist Peter Apps writes in a Reuters commentary.
Last August, a Russian tanker sailed directly from Norway...
A well-known Russian gaming guru who helped create the mega-hit World of Tanks has decided to pursue a career in Russian politics, Interfax reports.
40-year-old online gaming legend Vyacheslav Makarov used a digital technologies conference in Moscow on Thursday to launch his latest creation: the Direct Democracy party.
"The biggest problem (with...
Yadea, a market leader in the production of electric-powered motorcycles, bicycles, and scooters, has become the fifth Chinese sponsor of the forthcoming football World Cup in Russia, FIFA, the world’s football governing body, has announced.
Yadea will receive a range of rights, including LED board exposure during the event, access to...
The Russian government may announce new economic measures this week to help offset the dual impact of low oil prices and the coronavirus, Vedomosti reported.
Moscow is considering setting up a 300 billion ruble ($4 billion) fund as part of a larger “anti-crisis” plan to support citizens and the economy,...
A confectionery factory in the Russian city of Lipetsk belonging to Ukraine’s Roshen Corporation would be better off "rotten" than sold for less than $200 million, the company’s CEO Vyacheslav Moskalevsky has said.
"Right now, I think they are worth nothing. No one will pay me $200 million for...
