Russia sits at the bottom of the list of emerging markets in foreign direct investment (FDI), which accounted for only 0.2 percent of the country’s gross domestic product (GDP) from 2015 to 2018, RBC reported citing the U.S.-based Institute of International Finance (IIF).
The Institute’s figures exclude reinvested earnings to...
Confidence in the national economy is growing, and this is showed by the return of capital to Russia, President Vladimir Putin said at the Congress of the Federation of Independent Trade Unions of Russia (FNPR), according to Kommersant.
"As for the capital that is flowing away, it is really flowing...
Russia's National Settlement Depository (NSD), which is part of the Moscow Exchange Group, will launch the Decentralized Digital Depository (D3) next month, NSD's Innovation Director Artyom Duvanov has said, according to CoinDesk.
Duvanov claims the project will be launched in June in Switzerland. Initially, D3 will allow tracking ownership of...
The deputy head of the European Commission for Energy Union Maros Sefcovic plans to visit Moscow on June 13 to discuss the gas transit to the EU through Ukraine after 2019 with the Russian Energy Minister Alexander Novak, a source from the EU told TASS news agency on Wednesday....
The domestic oil tender of Russian energy major Rosneft fell 6 percent in price, traders said on Wednesday, as demand was badly impacted by infrastructure bottlenecks due to a dirty oil crisis, Reuters reports citing traders.
The news agency’s sources said Rosneft's offer also dwindled to 20,000 tons for sale...
Continuous outbreaks of swine flu are forcing China to look for pork alternatives, and Russia is looking to seize on the opportunity for more poultry exports, Bloomberg reports.
Analysts say China could lose 30% of its pigs to African swine flu, a deadly disease which has spread to neighboring countries...
The number of tourists from the United States to Russia has steadily increased since relations between the two countries began to deteriorate in 2014, Izvestia reports citing data from Russia’s Federal Security Agency (FSB).
Almost 1.4 million American citizens have visited Russia for tourist, business, and private purposes in the...
Russian private gas producer Novatek is planning to adopt an investment decision on a new liquefied natural gas (LNG) project in 2019, the company told Kommersant.
Novatek, which already operates the Yamal LNG terminal and is building Arctic LNG 2, said it is generally set on the project and plans...
Russia’s state-owned telecom operator Rostelecom has transferred companies that tested 5G technology to its subsidiary, Bashinformsvyaz, making another step towards launching the fifth generation of cellular mobile communications in the country, bne Intellinews reports.
The move is significant because the firms, which were assigned frequencies required for establishing 5G networks,...
Russian retailer X5 has unveiled what it has described as a 'smart kitchen', operated by its Perekrestok banner, to increase the range and quality of its ready-to-eat and ready-to-cook ranges, Malls.ru reported.
Perekrestok is Russia’s largest supermarket chain, operating more than 700 stores across the country.
Describing the new facility as...
