Sergei Glazyev, a top economic adviser to President Vladimir Putin for the past seven years, is leaving the Kremlin to become a minister in the Eurasian Economic Commission (EEC), RBC reports.
During his time in office, Glazyev became known for challenging Russia’s tight-money policies. He will now work as minister...
Russian President Vladimir Putin said on Monday that his country has managed to offset $50 billion in losses caused by Western economic sanctions since 2014, RBC reports.
“According to various estimates, we have lost 50 billion dollars, but we have earned the same amount,” Putin said in a multiple-episode interview...
According to the BI.ZONE research, there has been a significant rise in the number of bogus theater websites in Russia, Vedomosti writes.
“From June to August of this year, BI.ZONE specialists saw a tenfold rise in the number of domains of fake theaters: while at the start of the summer...
To modernize its social facilities and turn them into suitable housing for staff from Mariupol and Avdiivka, Metinvest has already donated over UAH 4 million.
Numerous Metinvest employees and members of their families have found new homes in the social facilities the firm has in cities and towns that have...
Aggregate corporate profits in Russia rose to $38 billion in February, adding $18.66 to the profits made in January, latest available data shows, according to bneIntellinews.
Total profits earned by Russian companies in February was higher by $15.4 billion than the profits recorded in the same period of 2018, which...
Despite a boycott by the official U.S. delegation, major American companies will take part in Russia’s annual business forum in St Petersburg, the head of the American Chamber of Commerce (AmCham) in Russia has revealed.
“These are the companies whose representatives will participate in the Russia–USA Business Dialogue panel discussion....
A Moscow court has extended the house arrest of U.S. investor Michael Calvey until January 13, Reuters reported on Tuesday citing Russian media. The Moscow City Court announced the ruling five days before a previous extension of Calvey’s house arrest was to expire.
Calvey and several other executives and employees of...
Profit in the Russian banking sector in the first half of 2019 exceeded 1 trillion rubles ($15.88 billion), the Bank of Russia said on Wednesday, according to TASS.
"Net profit of the banking sector for the first half of 2019 amounted to 1,005 trillion rubles ($15.88 billion) against 634 billion...
The turnover between Russia and Japan is down 11% in the first quarter of 2021 compared to the corresponding period of last year, the data published by the Japanese Finance Ministry on Monday informs, TASS reported.
According to the ministry, the trade volume between both countries from January to March...
