Russia’s biggest bank, Sberbank, and the government of Luxembourg are going to help Russian high-tech firms to get established in European Union markets under an agreement signed on Friday, Emerging Markets reports.
The agreement applies to high-tech firms that are members of Sberbank Group, which brings together more than 20...
Russian oil producer Lukoil, which is limited in its ability to expand its resource base in Russia, continues to expand its presence in Africa, Kommersant reports.
The company, which has stakes in projects in Nigeria and Cameroon, shelled out $800 million to participate in a project on the Congo...
Russia and Germany have signed a declaration on a bilateral initiative aimed at improving cooperation in the field of labor efficiency, according to TASS.
The document, called “Partnership for Efficiency,” was signed by Russia’s Economic Development minister Maksim Oreshkin and Germany’s minister for Economic Affairs and Energy Peter Altmaier at...
Sheremetyevo International Airport marked the official change of its name to “Alexander Pushkin” by unveiling a monument of the great Russian poet, Rossiyskaya Gazeta reported.
“We are glad that we were the first to start implementing the project of assigning the names of our great compatriots to Russian airports,” Mikhail...
Despite tense relations with the West and sanctions risks, Russia remained one of the 10 most popular destinations for foreign investment in Europe in 2018, says a new rating by Ernst & Young, according to RBC.
Russia was the ninth most attractive investment destination among European countries, despite the fact...
The Bank of Russia will possibly cut its key interest rate for the first time in a year at its next meeting on June 14, the regulator’s head Elvira Nabiullina has said, according to Reuters.
Latest data shows “confirms that inflation is evolving tangibly better then we expected,” Bank...
On June 1, Russia’s largest airline, Aeroflot, launched regular flights from Sheremetyevo to Marseille. The next day, on June 2, Brussels Airlines launched its first direct flight from Brussels to Moscow. With the latest additions, Sheremetyevo’s route network now includes over 220 destinations.
The Moscow - Marseille route will be...
Favorable market conditions are leading up to 10 Russian companies to consider issuing Eurobonds by the end of this year, VTB Capital’s head of debt capital markets said on Thursday, according to Reuters.
After a slump brought on by Western sanctions imposed in 2014, effectively shutting out some Russian businesses...
A number of Russian airports, including Sheremetyevo International Airport, are having their names changed upon orders of Russian President Vladimir Putin, the Independent reported.
Putin has ordered that the three top airports in Moscow are now named after notable citizens. These are the most prominent of 40 new names for airports...
After two days of deep losses, Chicago wheat futures rebounded on Thursday, with support from dry weather that is expected to reduce yields in Russia and Australia, Reuters reports.
The most-active wheat contract on the Chicago Board of Trade was up 0.7% at $4.94 a bushel by 1118 GMT, having...
