The European Union has decided to extend sanctions against Russian and Crimean officials as well as companies and groups accused of undermining Ukraine's sovereignty and independence, RBC Ukraine reported.
"The Council has extended the restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine...
The Minister of International and Foreign Economic Affairs of Russia's Sverdlovsk Region Vasily Kozlov praised Azerbaijan as an important trade and economic partner of Russia in the South Caucasus, according to Trend news agency.
Speaking to reporters in Azerbaijan’s capital Baku, Kozlov noted that about 50 percent of Russia's trade...
Since 1967, Japan Airlines (JAL) has been operating flights from Tokyo to Moscow, now reaching 53 consecutive years of service. On Thursday, the carrier revealed upcoming plans to relocate services to Moscow’s Sheremetyevo International Airport.
Sheremetyevo is well accessible from Moscow city centre and has a modern infrastructure that...
In a bid to serve the growing food, retail and manufacturing sectors in Russia’s Rostov-on-Don, France-based logistics company FM Logistic has opened a 35,000 sqm warehouse in the region, The Load Star reports.
According to the company, the new facility will bring about 200 jobs to the Aksai district of...
Russia’s debt-to-GDP ratio has turned negative for the first time since its economy was hit by Western sanctions in 2014, thanks to steadily growing gold and foreign currency reserves, RT reports.
Public debt is the broadest definition of debt and includes the more narrowly defined external debt, as well as...
Vietsovpetro, a joint oil and gas venture by Vietnam and Russia, has earned $1.28 billion from sales in the first eight months of this year, 19.4 per cent over its yearly target, Vietnam News reports.
During the period, the Vietnamese side gained more than $101 million in profit and the...
Russia is concerned by the slowing global oil economy, Russian Energy Minister Alexander Novak said on Wednesday, according to RIA Novosti.
The minister said the OPEC+ alliance will discuss slowing global oil demand on Thursday. He added that there were no fresh proposals to change the oil production volumes within...
The state oil company of Venezuela, PDVSA, has registered its office in Moscow, after Russian state oil major Rosneft last month became the main trader of Venezuelan crude, Argus Media reported.
“We’ve registered PDVSA in the Russian jurisdiction,” Venezuela’s minister for oil Manuel Quevedo told reporters on Wednesday. In...
The pace of growth of the Russian economy observed at the moment does not correspond to forecasts and "to what we are striving for," Russian Prime Minister Dmitry Medvedev said in a debate program on TV channel Russia 24 on Wednesday.
According to the PM, Russia has all necessary resources...
The United States is using the threat of sanctions as a form of unfair competition, Russia’s state-run oil giant Rosneft said Tuesday, adding that attempts by Washington to curb its business in Venezuela would be illegal, Neftegaz.ru reports.
U.S. special envoy to Venezuela Elliott Abrams said Tuesday that Washington could...
