If Washington proceeds with sanctions against the Russia-led natural gas pipeline, Nord Stream 2, it will hurt a wide range of Western contractors and investors involved in the undertaking, the project operator has warned, as reported by DHT Business News.
“If imposed, could directly hit more than 120 companies...
Sales of Russian hotels in October decreased by 60%, according to a study by the OFD Platform IT company, which processes 44 mln checks daily from 1 mln online cash desks in the country, TASS reported.
According to analysts, for the period of October 1-20, 2020, compared to the same...
Deputy Chairman of VEB.RF Cesare Maria Ragaglini took part in the 43rd Annual meeting of the Association of Asian and Pacific development financial institutions (ADFIAP). The main topic of the event was “Financial Development Institutions and the pandemic: the current situation and anti-crisis measures". The two-day online meeting included...
Warring parties in one of Russia’s most high-profile corporate disputes of recent years have struck a $32 million agreement to settle civil claims related to the so-called Calvey case, The Moscow Times reported.
U.S. investor Michael Calvey, founder of the Baring Vostok investment fund, and several of his colleagues were...
President Vladimir Putin said on Thursday that Russia was facing challenges scaling up production of its main COVID-19 vaccine due to problems with equipment availability, but hoped to start mass vaccinations by the end of the year, according to Reuters.
Russia is currently testing its main experimental vaccine, known as...
The economic decline in Russia due to the Covid-19-related crisis will be around four percent this year, which is less than in other countries, Russian President Vladimir Putin said at the Russia Calling investment forum, RT reported.
“Recession is observed not only in Russia, but throughout the world, in the...
The potential of the BRICS nations is unique, and the group’s New Development Bank (NDB) is showing high financial efficiency during the global Covid-19 crisis, Russian representatives at the Sixth BRICS Parliamentary Forum said, RT reported.
Approximately 60 projects in BRICS countries totaling about $20 billion have been approved, the...
Russian restaurants and bars lost almost a quarter in revenues over the first three weeks of October 2020 in annual term, the largest Russian fiscal data operator Platforma OFD says in its research available with TASS.
"Sales of restaurants and bars turned out to be 22% lower within the period...
Russia remains the main trade and economic partner of Kyrgyzstan, First Deputy Prime Minister of Kyrgyzstan Artem Novikov said on Tuesday during a meeting with the Russian ambassador to the country Nikolay Udovichenko, TASS reported.
"Russia has always been and remains a reliable strategic partner of Kyrgyzstan and the main...
Apple will soon raise prices in the App Store in six countries, including Russia, due to currency appreciation and higher taxes, according to the company's website, TASS reported.
The changes will affect 6 countries: Russia, Brazil, Colombia, India, Indonesia, and South Africa, and will affect both the price of applications...
