Brighter prospects for the upcoming 2019 crop and low trade activity ahead of Russia's long May holiday has lead wheat export prices to fall further last week, analysts said on Monday, according to Reuters.
Black Sea prices for Russian wheat with 12.5 percent protein content for delivery in May...
Russian airline iFly Airlines has received a license last week from the Russian Federation for flights from Sochi to Zagreb, Belgrade, and Sarajevo, HRTurizam reported on Monday.
The company has applied for four weeks of flights from the Olympic and summer Black Sea resort to the capital cities of...
The United States has levied a $75,375 penalty against an American software company to settle charges of violating sanctions connected to work in Ukraine, the U.S. Department of the Treasury announced in a press release last week, according to Lexology.
Haverly Systems, Inc., a New Jersey corporation with offices in...
Belarusian state oil company Belneftekhim said Tuesday a full clean-up of the 1 million b/d Druzhba pipeline is likely to require "several months of hard work," Vedomosti reported. The company expects clean crude from Russia to reach its Mozyr refinery on May 4 at earliest.
Last week, European refineries...
Russia has dropped out of the top five countries in terms of defense spending for the first time since 2006, a new survey carried out by the Stockholm International Peace Research Institute (SIPRI) reveals, according to RBC.
According to SIPRI, Russia was the sixth nation among top military spenders, investing...
Russian retailer Magnit has dropped plans to bid for smaller rival Lenta, paving the way for Severgroup, a company owned by Russian steel magnate Alexey Mordashov, to take over Lenta at about $1.75 billion, Kommersant reports.
Magnit this month will buy Lenta, Russia’s third-largest grocery retailer, seeking to thwart Mordashov’s...
PR and advertising agency Publicis Russia and social media network VKontakte (VK) have signed a partnership with Singaporean artificial intelligence (AI) startup AIQ following a campaign which launched earlier this year, The Drum reported.
AIQ specializes in visual recognition technology which will be deployed in out of home advertising campaigns.
Through...
Russian-American billionaire Valentin Gapontsev and the U.S. Department of the Treasury will meet before a magistrate judge in an attempt to settle a lawsuit challenging the Treasury's designation of the executive as a Russian oligarch, the Worcester Telegram reports.
In a joint filing on Friday, both sides said they hope...
The internet in Russia should continue to develop as a network “uniting the whole world,” more than half of Russians said in a study conducted by the state-funded VCIOM pollster, Novaya Gazeta reports.
The study comes two weeks after Russia's lower house of parliament approved the third reading of a...
