Chinese President Xi Jinping will travel to Russia next week and attend a major Russian investor forum in St Petersburg, China’s Foreign Ministry said on Wednesday, according to TASS news agency.
The St Petersburg International Economic Forum (SPIEF) will be held June 6-8 and is chaired by Russian President Vladimir...
The main shareholder in Russian real estate developer LSR, Andrey Molchanov, plans to keep control over the company even though he reduced his stake last month, Reuters reported.
The businessman and founder of LSR reduced his stake by 9.71 percent via a sale to investors last month, leaving him...
The Russian government and oil pipeline operator Transneft are in disagreement over who should pay to clean up the contamination of the Druzhba pipeline that halted oil exports to Europe, RBC reports.
Moscow admitted in late April that its Druzhba (“Friendship”) pipeline had been polluted with organic chloride, leading European...
Experts from Moscow’s Higher School of Economics (HSE) and Russia’s Presidential Academy of National Economy and Public Administration (RANEPA) are predicting that Russians’ incomes will fall for a sixth consecutive year in 2019, the Moscow Times reports.
Earlier this year, based on a methodology that has been criticized as...
The Russian State Commission for Radio Frequencies will consider allocating frequencies in the range 25-29.5 GHz to operators for testing fifth generation mobile communication (5G), Izvestia writes citing а draft agenda of the body’s meeting.
The authenticity of the document was confirmed by a source familiar with several of the...
Russian billionaire Oleg Deripaska rejects the U.S. Treasury Department’s response to his legal challenge to American sanctions, as “poorly researched,” the BBC in Russian reports.
The Treasury’s Office of Foreign Assets Control (OFAC) published a so-called evidentiary memorandum explaining the sanctions against Deripaska and his companies. It said the tycoon...
The largest vertically integrated meat producer in Russia, Cherkizovo, has said it plans to produce 1.1 million tons of meat in live weight in 2019, which is 19% higher than the previous year, Agroinvestitor reports.
The company said it would become the first meat producer in the post-Soviet era...
Russia has granted its highest security rating to a domestically developed operating system for the first time, deeming its replacement for Microsoft’s Windows suitable for communications of “special importance” across the military and the rest of the government, Izvestia reports.
The designation of Astra Linux clears the way for Russian...
Russia’s central bank will look at the option of launching a gold-backed cryptocurrency, CoinDesk reports citing Russian media.
The idea has been revealed by the head of the Bank of Russia, Elvira Nabiullina who stated that the bank may explore the possibility of creating gold-pegged crypto for performing mutual settlements...
In a move that angered Russia’s anti-corruption activists, Russia's Economy Ministry has proposed restricting access to the Unified Land Registry (EGRN), a database widely used by journalists and campaigners to uncover corruption in the country's elite, Vedomosti reports.
The parliament's website has published the bill, which would introduce fines of...
