The world’s biggest diamond producer by output, Russia’s Alrosa, has announced it unearthed an unusually large 191-carat rough diamond at its Botuobinskaya kimberlite pipe in Yakutia, RIA Novosti reported.
Mineralogical analyses on the stone are still ongoing but the company’s experts said the preliminary results suggest that the diamond is...
Danish wind turbines producer Vestas has secured an order totaling 252MW for three wind farms in Russia from Finland’s Fortum and local state-run company Rusnano's Wind Energy Development Fund, Evwind reports.
The projects will be located in the Kalmykiya and Rostov regions and will comprise 60 V126-4.2MW machines.
Delivery is scheduled...
Six months after Russia suspended direct flights to and from Georgia, the Caucasus country has recorded around 100,000 less Russian tourists than in the same period of 2018, the Georgian National Tourism Administration (GNTA) has said, according to Georgia Today.
However, the country managed to draw a record number of...
The wealth of Russia’s richest people this year surged 21 percent, or by $51 billion, according to an index of the world’s richest 500 billionaires compiled by Bloomberg.
A rebound in the value of “emerging-market assets from currencies to stocks and bonds” following “big losses a year earlier” were the reasons...
Challenging demand conditions led Russian manufacturing activity to decline in December for the eighth straight month, the Markit purchasing managers’ index (PMI) showed on Monday.
The index’s headline reading rose to 47.5 from 45.6 the previous month, which was its lowest level in over a decade. Values over 50 represent expansion,...
Moscow has been so warm this December that the government has resorted to sending trucks filled with artificial snow to decorate a New Year’s display in the city center, the Moscow Times writes.
City authorities delivered the snow for a snowboarding hill, with observers noting the irony of bringing snow...
The Russian ruble headed towards its strongest levels since 2018 in light trade on Friday, while the benchmark MOEX stock index, supported by higher oil prices, was near an all-time high, Reuters reported.
The Russian currency was 0.4% stronger against the dollar at 0811 GMT (61.96), close to the 61.51...
Russian state-run energy giant Gazprom announced Friday that it paid $2.9 billion to Ukraine’s national oil company Naftogaz, in line with a major settlement between the two countries reached this week, Unian reports.
After tough negotiations, Moscow and Kyiv struck a deal on Monday to supply Europe with gas through...
Cyprus-based RCB Bank said this week it has conducted the first transactions of Russian Mir cards in the European Union, TASS reported.
Mir (“World”) was launched four years ago in Russia, and since then more than 71.4 million Mir cards have been issued. It has become established as a convenient...
A Russian rocket carrying communications satellites was launched into orbit from the Baikonur Cosmodrome in Kazakhstan on Friday, marking the country’s final space launch of the decade, Space News writes.
The rocket is carrying three Gonets-M communication satellites and a Blitz-M technology satellite to orbit and marks Russia's 25th space...
