Share prices in Russia’s utilities sector have surged by 16% last year, with the power sector currently being the only sector performing well in the stock market and is expected to lead it for the rest of the year, bne Intellinews writes.
“The world is slowly but persistently moving toward...
India and Russia have nearly finished talks of an ambitious government-to-government agreement for the long-term import of crude oil by India from Russia’s Far East region, NDTV reports.
The pact is likely to be inked during Russian President Vladimir Putin’s visit in October for the annual summit talks with Prime...
A Russian artist unveiled four giant paintings of Russia’s President Vladimir Putin in central Istanbul on Saturday, saying he wanted to show the good ties between Ankara and Moscow despite differences over Syria and other issues, Reuters reported.
However shortly after Alexander Donskoy unveiled his “Putin is Russia?” project in...
Russia’s State Commission has set a preliminary date of February 20 for the launch from Plesetsk of the Soyuz-2.1a rocket with a military satellite atop, which was previously canceled, a source in the rocket and space industry told TASS on Saturday.
"The State Commission decided on Saturday to preliminarily fix...
Talks between Japan and Russia are making a transition to another phase, when parties discuss key issues in a more positive way, Japan’s Foreign Minister Toshimitsu Motegi said after talks with his Russian counterpart Sergey Lavrov on the sidelines of the Munich Security Conference on Saturday, TASS reported.
"As far...
The Sharjah Economic Development Department (SEDD) in partnership with the UAE’s Ministry of Energy and Industry, MOEI, will host the UAE-Russian Business Forum next week, WAM EN reports.
The Forum aims to enhance and strengthen ties of trade, economic and investment cooperation between UAE, in general, and Sharjah, in particular,...
Moscow is pushing Belarus to merge with Russia in exchange for cheap energy, the Belarusian leader said Friday, as Russian President Vladimir Putin is believed to be maneuvering to extend his stay in power, Bloomberg reports.
Belarusian strongman Alexander Lukashenko has repeatedly complained in recent months that Moscow has been...
California-based food processing and packaging equipment maker Heat and Control has opened its first office in Moscow in a bid to expand in the Russian market, Canadian Packaging reported.
By opening the Russian office, Heat and Control “demonstrates its commitment to its customers in Russia, greater northern and eastern Europe,...
The Organization of Petroleum Exporting Countries (OPEC) and its allies were close to abandoning plans for an emergency meeting this month on Friday, OilPrice.com writes.
The oil cartel and its partners, including Russia, were about to consider fresh production cutbacks as the coronavirus batters oil demand in China.
Saudi Arabia had...
Private shareholders in Sheremetyevo Airport have exercised a call option to buy the Russian state's 30.5% stake in the airport, a representative of the Sheremetyevo Holding company told Reuters on Thursday.
Sheremetyevo is Russia's biggest airport, and had traffic of 50 million people in 2019, an 8.9% increase on the...
