Russia is showing defiance amid international condemnation over the poisoning of a former spy on British soil and pushing ahead with a Eurobond sale even as a diplomatic spat escalates, Bloomberg reports.
Less than 24 hours after U.K. Prime Minister Theresa May unveiled measures against Russia including the expulsion of...
Russia's Foreign Ministry has summoned the envoys of a number of countries that expelled Russian diplomats in a row over the poisoning of a former Russian double agent and his daughter in Britain, Reuters reported.
The ambassadors of Germany, France, Britain, Poland, Italy, the Netherlands, Ukraine and the Czech Republic...
Russian police have raided the Moscow offices of a joint venture including Canadian transportation giant Bombardier as part of an investigation into the Montreal-based company’s business relationships in the country, The Globe and Mail reported.
The raids were conducted as part of a criminal probe into allegations of “corruption during...
Russia’s special administrative regions, planned by the Kremlin to serve as alternatives to foreign offshore zones, will be launched on Russky Island in the Far East and on Oktyabrsky Island in the Kaliningrad Region in September or October 2018, Economic Development Minister Maksim Oreshkin said Tuesday.
"The mechanism will be...
The head of Russia’s state-owned VTB Bank has appeared at Russia’s largest financial conference wearing a Jedi costume from the sci-fi saga Star Wars, eclipsing his controversial appearance last year in a Stalin costume, Meduza reports.
VTB chief executive Andrey Kostin, who was included in a U.S. Treasury Department sanctions...
The Eurasian Economic Union (EAEU), a Russia-led political and economic association of former Soviet countries, may introduce a common currency into their transaction system, Izvestya reports.
The Russian Finance Ministry has approved an early initiative put forward by the country’s National Payment Council, Deputy Finance Minister Alexei Moiseyev told the daily...
Japan is hoping to strengthen ties with Russia to ensure the security of energy supply amid growing uncertainties on the global oil market, with sanctions in place against Moscow not seen by Tokyo as an obstacle to boosting cooperation, Japan’s Minister of Economy, Trade, and Industry, Hiroshige Seko, told S&P...
Alrosa, Russia’s state-owned diamond mining giant, raised $11.8-million in its first New York diamond auction of the year, as it seeks to increase its activity in the U.S., Investing News reports.
The company traditionally offered a range of special size rough diamonds (over 10.8 carats). Rebecca Foerster, president of Alrosa...
French retailer Auchan has said it plans to increase the production capacity of its meat processing plant in Russia’s Tambov Oblast to 70,000 tons by 2020, Global Meat News reports.
The company said the move will allow it to become fully self-sufficient in meat products on the local market,...
A U.S. has charged a Hermitage, Pennsylvania businessman connected to an operation that prosecutors allege sold misbranded and unapproved new drugs, WYTV reported.
In March of 2017, federal agents and Hermitage police raided a house in the town connected to the website awakebrain.com run by Koledin Enterprises.
The business, operated by Russian-American Emil...
