Signals from the U.S. Federal Reserve that it was ready to cut interest rates to support the economy helped the Russian ruble hit a 10-month high on Thursday, according to Reuters.
The currency opened 0.4% stronger at 63.51 to the dollar, its best performance since August 2018, and was unchanged...
Russia expects that Beijing will soon cancel import duties that are stopping Russian wines from penetrating the lucrative Chinese market, business ombudsman Boris Titov said at the 6th Russia-China EXPO in Harbin last week.
"Russia is proactively developing the wine industry, while China has become the world’s second market of...
Russian Billionaire Roman Abramovich, who received Israeli citizenship last year, will buy a luxury mansion in Herzliya, a spa town on the Mediterranean coast about 15 km from Tel Aviv, local newspaper Calcalist reported citing an anonymous source familiar with the purchase.
According to the source, the price of the 9,000...
Russian cargo airline AirBridgeCargo and the biggest aircraft lessor in the Middle East, Dubai Aerospace Enterprise (DAE), have agreed on a deal for three new Boeing 777 freighter planes, Logistics Middle East reports.
Under the arrangement, DAE’s leasing division DAE Capital will purchase three new Boeing 777 freighter aircraft...
Detained American investor Michael Calvey’s private equity fund, Baring Vostok, is no longer the majority shareholder in Vostochny Bank after it has ceded a 9.99% stake in the lender, Reuters reported.
The company, whose founder is under house arrest on embezzlement charges, was ordered by a Russian court to...
Russian Prime Minister Dmitry Medvedev said on Wednesday that the Russian government needs to take more steps this year to accelerate the country's economic growth, TASS news agency reports.
"We need additional measures to warm up the economy somewhat this year," Medvedev said at a meeting with senior government officials,...
Russian officials are keeping busy at this year's Paris Air Show, hoping to drum up both civilian and military orders, despite the noticeable absence of Russian aircraft from the event, AFP writes.
Only two Russian aircraft can be spotted among the dozens crowded on the tarmac at the Le Bourget...
A Russian financial institution has been placed on a U.S. sanctions list for allegedly helping North Korea evade financial sanctions, the U.S. Treasury Department said on Wednesday, according to Reuters.
Russian Financial Society has been targeted and accused by U.S. officials of opening multiple bank accounts for Dandong Zhongsheng...
Sheremetyevo is on target for another record-breaking year after registering a 15.4% rise in passenger traffic in the first five months of 2019, Airport World reported.
The airport recently published its performance results for May and the first five months of 2019. A total of 18.7 million passengers passed through...
Russia’s TransClassService (TCS), a Russian private operator of passenger services, sold some of the shares in TC Grand Service Express, a company operating the Grand Express luxury train from Moscow to St. Petersburg, TCS said on Tuesday, according to TASS.
"In view of development of other kinds of railway passenger...
