Russian President Vladimir Putin said he believes that the target of joining the world’s top five most developed economies is "absolutely manageable," Gazeta.ru reports.
"Regarding (plans) to take our rightful place among other industrial powers, that is a challenging task, but overall it is absolutely manageable," he said at a...
Russia’s state-run United Aircraft Corporation (UAC) is planning the creation of a civil aviation division by merging the Sukhoi Civil Aircraft Company (SCAC), the UAC-Integration Center and New Civil Technologies with the Irkut Corporation.
According to AviaPort.ru, UAC’s board of directors decided to increase efficiency and attractiveness for investors by...
A team of Russian students has won the prestigious CFA Institute Research Challenge for the first time, presenting an analysis of the investment attractiveness of metals and mining company Norilsk Nickel, Vedomosti reports.
The winners are students from the Faculty of Economics of Moscow’s Lomonosov state university (MSU). CFA (Chartered...
One of Russia’s biggest mobile operators, Mobile TeleSystems (MTS), has launched a corporate venture fund targeting startups across Russia and neighboring countries, East-West Digital News reports.
According to the website, the fund expects to invest around 1 billion rubles (approximately $15.5 million at the current exchange rate) in early-stage startups...
Trading companies RIF, Aston, the Russian grain office of Glencore, and a subsidiary of United Grain Co. have signed a memorandum creating the Russian Union of Grain Exporters (UGC), Kommersant reports.
“Its creation will help to improve the coordination of grain exporters among themselves and with government authorities,” the founders...
Dubai-based airline Flydubai has announced on Tuesday the start of flights to Sochi, Russia starting from 07 June 2019, Gulf Business News reports.
Flights between Dubai and Sochi will operate twice a week, on Mondays and Fridays, the company said. Flydubai will be the first carrier to offer direct flights...
The Russian arm of global fast food chain Burger King is planning to hold an initiative public offering (IPO) at the Moscow Exchange this year, two investment bankers familiar with the potential organizers of the deal told Vedomosti.
A source close to one of the co-owners of Burger King Russia...
The Russian ruble lost some value against the dollar in early trading on Wednesday, despite being supported by month-end tax payments and investor expectations of high demand for government bonds, Reuters reports.
The Russian currency was 0.47 percent weaker against the dollar at 0720 GMT (63.99) and had lost 0.33...
Ukraine could face a fuel crisis and be the main affected party in a feud over oil between Russia and Ukraine, analysts interviewed by Moscow-based newspaper Izvestya say.
Belarus is Ukraine’s main supplier of oil products made from Russian raw materials.
"It is very difficult to find alternative suppliers to Moscow...
North Korean leader Kim Jong-un was traveling to Russia on Tuesday in a possible attempt to win the country’s help as the U.S.-led trade sanctions hurt his country's already-struggling economy, the BBC reports.
Although there are no signs of a financial or humanitarian crisis in North Korea, some observers say...
