New, innovative technology from Russia’s National University of Science and Technology (NUST) looks to change the way such pipes are manufactured – increasing efficiency for companies and reducing not only operating costs and necessary repairs but also a risk to the environment, Metalurg Prom reports.
Oil extraction in Russia presents...
Russian Fishery Company (RFC) will begin directing attention for Pacific herring sales to Nigeria and other parts of Africa, the company’s CEO said at the Seafood Expo Global in Brussels earlier this month, according to Sea Food Source.
“Traditionally, China was our main export market for Pacific herring. But Africa...
Russia took another step toward its ambitious Arctic program on Saturday, launching a nuclear-powered icebreaker, TASS news agency reports.
Moscow wants to improve Russia’s ability to tap the Arctic's commercial potential by renewing and expanding its northern fleet. The ship, dubbed the Ural, was floated out from a dockyard...
U.S. Ambassador to Russia Jon Huntsman has decided to boycott SPIEF, Russia’s showcase economic forum in St. Petersburg in June in response to the house arrest of American investor Michael Calvey, a U.S. Embassy spokesperson has said, according to Lenta.
Calvey faces up to 10 years in prison if convicted...
Sberbank, Russia’s largest lender, has requested that a client provides information on their income from cryptocurrency, the Russian edition of Forbes reported last week.
Vladimir Smerkis, co-founder of cryptocurrency trading platform Toxenbox.io, told Forbes that the unnamed client received a letter from Sberbank requiring disclosure of their crypto revenue. The...
Effects from a recent flurry of diplomacy between Moscow and Washington cannot be expected immediately but may yield results in the long run, the CEO of the U.S.-Russia Business Council Daniel Russell told pro-Kremlin news outlet Sputnik.
U.S. Secretary of State Mike Pompeo met with Russia's President Vladimir Putin and...
Russia's federal statistics agency Rosstat said on Thursday that industrial output grew 4.9% in April compared to the same month last year, news website Znak reported.
The figure is an increase after 1.2% growth year-on-year in March, latest official data shows.
The notable increase in industrial output comes as...
Sheremetyevo International Airport (SVO) exclusive advertising operator “Sheremetyevo Reklama” launched a virtual tour of its advertising spaces, Aviaport informs.
Site visitors will have the opportunity to evaluate the location of advertising space in Terminals B, D, E, F online and choose the most suitable option, based on their business goals....
The escalation in tensions between U.S. and China caught emerging markets largely off-guard, rocking risk-related assets lower across the board, but the Russian ruble has proved resilient to the trends, says a new report by ExhangeRates.org.uk.
As it stands, the ruble is currently the best performing EM currency in 2019...
