Russian business executives are hopeful that Moscow and Washington could reset relations this year, despite the continuing tensions brought on by the Trump impeachment trial and a dispute over Russia’s Nord Stream 2 gas pipeline to Europe, CNBC writes.
The sentiment stems from an apparent rapprochement between Russia and its immediate neighbors...
Russia’s Energia Space Rocket Corporation has presented its Ryvok-2 (Breakthrough-2) project, which would offer direct flights to the Moon on reusable spacecraft without intermediate landing on the international lunar orbital station, Energia specialist Rafail Murtazin said on Tuesday, according to Lenta.ru.
Energia earlier considered the project of the Ryvok spacecraft for...
A long-running legal battle with cofounder, former business partner, and university friend Alexander Tugushev could cost billionaire Vitaly Orlov a large chunk of his fishing empire, Forbes writes.
This month, a court in Murmansk dismissed the tycoon’s claim that his motherland, not London, had jurisdiction over the dispute. This means that...
German agency Scope Ratings has upped its assessment of Russia’s government debt from BBB- to BBB, highlighting Russia’s increased security against economic shocks, Vestnik Kavkaza reported.
The agency cited low debt, increased tax revenues, high reserves and sound policy from the Bank of Russia managing the level of inflation as...
The head of the Russian Direct Investment Fund, Kirill Dmitriev, said on Wednesday the RDIF was likely to become one of the limited partners of private equity group Baring Vostok should the firm decide to raise new funds, Reuters reported.
Baring Vostok is a private equity group headed by U.S....
The city of Moscow will present its landmarks, including the Zaryadye and Tsaritsino parks, the VDNKh complex, its hotels, and travel agencies at Madrid’s Fitur 2020 exhibition that will take place in the Spanish capital on January 22-26, the website of the Moscow Mayor’s Office announced, according to Mos.ru.
"Moscow...
As Washington tightened sanctions against a number of oil-exporting countries, Russian crude exports surged last year, with shipments to the U.S. increasing threefold, the Russian Ministry of Economic Development has said, according to Forbes Russia.
The volume of Russian oil exports was up 3.9 percent, according to customs data for...
An influential Russian spiritual leader has announced his plans to build the world’s largest Orthodox Christian Church in the central part of the country, Znak.com reported Monday.
Once completed, the 25-story structure on the site of a women’s monastery in the Sverdlovsk region will reportedly hold up to 37,000 worshippers.
The mastermind...
Russia-focused British investment trust JPMorgan Russian Securities on Monday upped its annual dividend and reported net asset value rise in the first 10 months of 2019, Morningstar reports.
In the year to October 31, the trust’s net assets rose by 19% year-on-year to $468.6 million. Net asset value per share...
Russian state oil company Rosneft and the country’s Natural Resources and Environment Ministry last week signed a cooperation agreement as part of the national Environment project activities that strive to protect biodiversity and the sustainability of the Arctic ecosystems, Nezavisimaya Gazeta reported.
The oil giant’s CEO Igor Sechin and Russia’s...
