U.S. tech giant Apple has complied with Russian demands to show the annexed Crimean Peninsula as part of Russian territory on its apps, sparking angry reactions from Ukraine, Forbes reports.
Location-based applications by Apple began displaying the Crimea Peninsula, which Russia annexed in 2014 drawing international condemnation, as part of the...
President Vladimir Putin has signed a decree giving Russian internet giant Yandex the green light to pursue planned changes to its governance structure, after concerning the management of Russian offshore companies, The Moscow Times reported.
Earlier this month, the Russian technology giant announced that it would be undertaking a company...
Russia’s MIR payment system, developed by the country in response to Western sanctions, is set to hit the European market, with a pilot project launched at the Russian-British business forum in London on Wednesday, Prime news agency reports.
Payment solutions provider PayXpert will become the exclusive acquirer of MIR cards...
As Russia and China look to strengthen their economic ties to make up for deteriorating relations with the United States, one of the top Russian banks, state-run VTB, is increasingly betting on the Chinese market for expansion, the South China Morning Post writes.
Riccardo Orcel, deputy chief executive and head...
The share of settlements in dollars for export of goods and services from Russia declined to 62.5% in the second quarter of 2019 from 68.1% in the same period last year, Kommersant reports citing a research note prepared by the HSE (Higher School of Economics) Centre of Development Institute.
At the same time,...
Russian President Vladimir Putin said on Tuesday he met with shareholders in tech firm Yandex, Interfax news agency reports.
The meeting took place just days after the company approved changes to its corporate governance structure, a development which was interpreted by some analysts as Kremlin’s attempt to exert control over...
Russia has allocated $3.1 million for the development of a feasibility study for the China-Kyrgyzstan-Uzbekistan railway construction project, Kyrgyzstan’s President Sooronbay Jeenbekov said on Monday, according to Regnum news agency.
The project was announced back in the early 2000s, but since then it has not been launched. According to the...
The Russian ruble firmed slightly on Monday, supported by month-end tax payments that usually prompt export-focused companies to convert their foreign currency revenues to meet local duties, Reuters reported.
The ruble gained 0.2pc to 63.77 against the U.S. dollar by 0747 GMT and also firmed 0.2pc to 70.31 versus the...
Smartphone prices in Russia may surge in 2020, and the available range might decrease if a law on mandatory pre-installation of Russian software on gadgets comes into force, market participants told Izvestia.
Last week, the State Duma adopted the legislative act in the third reading. Experts and market players polled...
