A Russian-born socialite has been released from U.S. prison after completing a nearly four-year sentence for theft and larceny, the Insider reported Thursday.
A New York City court in 2019 sentenced Anna Sorokin to at least four years in prison for posing as a German heiress named Anna Delvey and...
Russia's coronavirus vaccine Sputnik V has been authorized in Montenegro and Saint Vincent and the Grenadines, thus bringing the total number of countries where it is authorized to 26, the Russian Direct Investment Fund (RDIF) said Friday, as reported by Sputnik News.
"The Russian Direct Investment Fund (RDIF, Russia’s sovereign...
Economists at the International Monetary Fund (IMF) say that the Central Bank of Russia (CBR) has room to cut 50bp off interest rates to boost growth in the coming months despite surging inflation, bne IntelliNews reports.
In January, consumer prices in Russia grew 0.7% month on month, which pushed annual...
Implementation of national projects, in particular, measures within the framework of the Comprehensive Plan of the Backbone Infrastructure, could mitigate decline in investments in Russia in 2020, according to Head of the Center for Investment Analysis and Macroeconomic Research at the Center for Strategic Research (CSR) Daniil Nametkin.
Russian Minister...
The Reddit-fuelled investment frenzy of recent weeks has pushed Russia’s Saint Petersburg Exchange to become the country’s leading stock exchange for the first time in modern history, The Moscow Times reports.
The Saint Petersburg Exchange (SPB) notched up record trading volumes of $36.1 billion in January, compared with $30.2 billion...
Russian retailer M.Video-Eldorado plans to double its gross merchandise volume (GMV) to $13.5 billion by 2025, combining its large store network with e-commerce growth, CEO Alexander Izosimov told Reuters ahead of the company’s strategy day on Tuesday.
The consumer electronics retailer’s GMV, an e-commerce metric used to measure transaction volumes,...
The price of Bitcoin gained 3.7% during the trading session reaching the highest level of $48,168, a fresh all-time high, according to the trading data, TASS reports.
As of 11:11 am, the Bitcoin price equaled $47,800 (+2.91%).
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of...
Russian authorities are considering a new social spending package worth at least $6.7 billion to address discontent over falling living standards before an autumn election, according to two government sources, Reuters reported.
The package, which one of the sources said President Vladimir Putin was likely to unveil in an annual...
Morgan Stanley initiated a long Russian ruble position against a 50-50 basket of the dollar and the euro it said on Monday, targeting a 6% rise in the Russian currency, according to Reuters.
“We think it’s time to get back into Russian assets,” the U.S. investment bank’s analysts said in...
