Wednesday, August 12, 2026
Diplomatic sources told daily newspaper Izvestia that Russian oil companies in Iraq should have nothing to fear as protests which have erupted in Baghdad and cities in the south of the Arab country are unlikely to impact their operations. "Russian companies continue to work as usual, no problems have arisen...
The recent announcement that Uzbekistan could be joining the Russia-led Eurasian Economic Union (EAEU) is the latest moves that show Moscow is on the economic offensive throughout the former Soviet space, Modern Diplomacy writes. "Uzbekistan is arguably the most important country in Central Asia as it is the only state...
Russia’s largest private lender, Alfa Bank, has issued a $400-million Tier 2 Eurobond, it said in a statement on Monday, according to Reuters. The bank has previously said that if needed, it would borrow in rubles this year to boost its capital. It raised 10 billion roubles (about $154 million)...
Argentina's largest shale oil and gas field, Vaca Muerta, will use oil and gas equipment produced by a Russian manufacturer, the head of World Business Partners Argentina, Olesya Kazakova, which represents the interests of a number of Russian and Argentinean enterprises, told RIA Novosti. The agreement followed several working visits...
An organization of grain exporters similar to the Organization of Petroleum Exporting Countries (OPEC) could help the stability of the grain market, coordinate grain prices, and solve the problem of world hunger, Russian Deputy Prime Minister Aleksey Gordeyev has said, according to Agroinvestor. The idea was raised during Gordeyev’s meeting...
One of Russia’s biggest online retailers, Ozon, is facing a strike by its couriers in St. Petersburg, who are protesting low wages, Fontanka reported. On Saturday and Sunday, around 200 of the company’s couriers did not deliver their packages, disrupting deliveries in the country’s second-biggest city. The reason for...
The level of consumer price inflation in Russia has fallen back to the country’s central bank target of 4%, opening the way to more key rate cuts by the regulator, state statistics agency Rosstat said on Monday, according to bne Intellinews. Inflation, which is the biggest concern for the average...
JSC Sheremetyevo International Airport executives took the leading positions in the 20th annual rating of the "Top 1000 Russian Managers," prepared by the Association of Managers and Kommersant Publishing House. Alexander Ponomarenko, Chairman of the Board of Directors of Sheremetyevo, was named on the list of Russian business leaders. The Director-General of the...
A decrease in exports was the main drag on Russia’s GDP growth in the second quarter of this year, as it deepened from -0.4% YoY in 1Q19 to -4.9% YoY in 2Q19, analysts comment after official data on the structure of Russia’s economy was published earlier this week.  The drop...
Russian airlines jointly transported almost 86.3 million passengers in the first eight months of 2019, exceeding the same period last year by 11.7 percent, according to figures released by Rosaviatsiya, the country’s aviation authority. In the period, passenger traffic reached 216.1 billion RPKs, a 13.6 per cent year-on-year improvement,...