With rare earths being one of the focal points of the U.S.-China trade war, Russia is being touted as a possible significant supplier of the critical minerals needed for the electronics industry, Bloomberg writes.
The country accounts for less than two percent of global production but owns the world's fourth-biggest...
Russian oil output fell to 11.11 million barrels per day (bpd) in May, its lowest level since June 2018, from 11.23 million bpd in April, Energy Ministry data showed on Sunday, Reuters reports.
The production fall resulted mainly from the closure due to oil contamination of Russia’s Druzhba pipeline, which...
President Vladimir Putin has renamed a number of Russian airports in honor of famous Russians such as tsars and writers.
Moscow's Sheremetyevo airport will now bear the name of one of Russia’s most well-known poets, Alexander Pushkin, and the airport in Yuzhno-Sakhalinsk will be named after another famous national writer,...
The governor of Russia’s Krasnoyarsk Region, Alexander Uss, has said that state-owned Krastsvetmet, Russia’s biggest precious metals refinery, could become the basis of a new holding company, Zolteh.ru reports.
Uss was speaking at the North strategic session at the Siberian Federal University, a gathering devoted to the development of the...
Suspension polyvinyl chloride (SPVC) producers in Russia began negotiations for June shipments this week, with producers announcing price increases of 2,000-4,000 rubles per ton ($30.59-61.17/ton) for domestic shipments, according to a report by ICIS.
Many consumers do not have an alternative to Russian raw materials due to a number of...
The chairman of the board of Moscow’s Sheremetyevo Airport Alexander Ponomarenko told Reuters Tuesday that private shareholders in the airport may sell a 30 percent stake to raise money for a potential purchase of Russia’s 30.5 percent holding at a later date.
Sheremetyevo Holding company, which controls the business, has...
Russia has temporarily banned imports of meat from four Serbian companies, news website Nova Ekonomija reported on Friday.
The Russian authorities placed a temporary ban on meat and meat products from Matijevic, Big Bull Foods, Zlatiborac and Carnex citing serious irregularities noted during the inspection, according to the state veterinary...
Prices for luxury apartments in Moscow are rising at a second-fastest pace in the world, Kommersant reports citing a survey by real estate agent Knight Frank.
According to the real estate consultancy’s report, which covered the first quarter of this year, out of 45 major global cities, only Berlin...
Russian ride-hailing service Yandex.Taxi is considering adding helicopters to its fleet of vehicles in Moscow for an on-demand service, Vedomosti reported on Thursday.
Several companies offer air taxi services in the Russian capital, one of which offers hour-long helicopter rides for around $700.
Yandex.Taxi is in four-way discussions with Moscow...
European companies operating in Russia are more upbeat about the country’s business climate, an annual survey compiled by the Association of European Businesses (AEB) and market researcher GfK reveals, according to Kommersant.
Optimism with companies has grown two points compared to the previous year to 140 out of 200 possible...
