Wednesday, August 12, 2026
An influential U.S. think-tank is being criticized for accepting $12 million from Len Blavatnik, a Soviet-born oligarch whose business associates were sanctioned by the United States, investigative journalism website Bellingcat writes. According to the report, the Council on Foreign Relations (CFR) announced last month that it had received a substantial...
Pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories, the price of oil slipped further below $59 a barrel on Wednesday, Reuters reported.  Signs from the Organization of the Petroleum Exporting Countries (OPEC) that further curbs...
The International Monetary Fund (IMF) on Tuesday issued a downbeat assessment of the global economy in its half-yearly World Economic Outlook, saying conditions could darken considerably if trade tensions remain unresolved, CNBC reports. “After slowing sharply in the last three quarters of 2018, the pace of global economic activity remains...
The Moscow Exchange plans to raise its dividend payout floor to 60% of net profit and channel all of its free cash flow into dividends, Reuters reported citing the exchange’s new dividend policy announced on Tuesday. The bourse's free cash flow, seen as a measure of profitability in financial analysis,...
The “Celebratingthefuture” photo exhibition, dedicated to the 100th anniversary of KLM Royal Dutch Airlines, opened last week in the art gallery of Terminal E of Sheremetyevo International Airport, the airport’s press service stated. Guests of the exposition will be able to familiarize themselves with the history of the development and...
As part of a broader bid to enter third nations' markets, Russia's major industrial enterprises could localize production in Syria within three years, Industry and Trade Minister Denis Manturov said on Monday, according to RIA Novosti. Russian industrial enterprises are already working in Syria in such spheres as civil construction,...
The forthcoming initial public offering of Saudi oil giant Aramco is attracting investors from Russia and China, Kirill Dmitriev, the chief executive of the Russian Direct Investment Fund (RDIF) has said, according to Reuters. “I would say that some Russian investors are interested. For the sovereign wealth fund (RDIF) to...
Kazakhstan has estimated its losses from hurdles that Russia placed on the transit of local coal to Ukraine at $11 million per month, Kommersant writes. The Eurasian Economic Commission has already recognized Moscow’s actions as setting up trade barriers. The issue will be discussed at an intergovernmental commission of...
Russia has moved four places up to 14th position in the latest Nation Brands 2019 ranking by UK-based business valuation consultancy Brand Finance, bne Intellinews reports. According to the ranking, Russia’s brands grew a solid 16% growth in value to $960 billion this year, the report said. Developing economies have seen...
Fyodor Ovchinnikov, the freshly crowned franchise czar of Russia is betting beyond his country and into global expansion with the help of cloud technology, Bloomberg writes in an analysis of the rise of the billionaire’s company, Dodo Pizza. From a single basement oven in his native Syktyvkar in the Far...