Tuesday, June 30, 2026
Fresh sanctions against Russia proposed this week by U.S. legislators could hinder the development of some natural gas export pipelines, but otherwise do little to harm the country’s largest energy companies, Bloomberg writes citing analysts. This week, a bipartisan bill was introduced to punish the Kremlin over allegations it...
Sheremetyevo International Airport won an award for strengthening Russia’s national security, Vechernaya Moskva reports. The airport’s perimeter protection system was recognized as the most innovative industry decision of the year, the news outlet adds. “A single complex of high-tech systems is in charge of protecting health of life of tens of...
Natural resources investment management firm Baker Steel Capital Managers (BSCM) has agreed to invest $3.0-3.5 million of client funds into Azarga Metals via a convertible loan, convertible at C$0.14/share, Proactive Investors UK reports. The Canada-based resource group has struck binding terms with the fund and plans to use the...
Russia’s state-owned bank VTB, which increased its stake in En+ Group to 22 percent in January as part of a move to help the energy company avert U.S. sanctions, does not plan to sell its stake in the near future, First Deputy Chief Executive Yuri Soloviev said, according to...
The OPEC/non-OPEC production cut agreement put a floor under oil prices and has significantly benefited Russia’s budget and companies, Russian Energy Minister Alexander Novak said on Thursday, according to S&P Global Platts. The price of the commodity could have dropped to $25 a barrel if OPEC and its Russia-led non-OPEC...
Moscow is planning to have an autonomous tram up and running on its streets by 2021-22, with the project being a joint effort by local companies PC Transport Systems and Cognitive Technologies, according to the Intelligent Transport. The driverless tram will be equipped with 10 to 20 cameras mounted around...
Moscow-based Vist Group, a subsidiary of Helsinki-based Zyfra, announced this week that it launched a robotized towing truck project together with Nazarbayev University and Russian truck maker Kamaz, the American Journal of Transportation reports. The plan is to equip the five-wheel towing truck Kamaz Neo with computer vision systems...
The two-day Russian Investment Forum (RIF), hosted by Roscongress, began on Thursday in the Russian Black Sea resort city of Sochi and will gather together politicians, diplomats, and businesspeople to discuss the investment and economic potential of Russia, TASS news agency reports. A wide spectrum of Russian and international...
Western investors will be the first to suffer if new U.S. sanctions are imposed against Russian national debt, Alexis Rodzianko, head of the American Chamber of Commerce in Russia (AmCham), said in an interview with RIA Novosti. "This is similar to what happened after the sanctions on Rusal when the shareholders...
The Russian business of global fast-food chain Burger King has teamed up with WebMoney Transfer to allow digital payments using an eWallet, Comnews.ru reported citing a company announcement. To use the offering, diners scan a quick response (QR) code shown on the cash register for an instant transaction. Burger King...