Four Russian companies have teamed up to create the first locally made processor designed to drastically improve the performance of computer neural networks, Izvestya reports.
The chip they are developing makes it possible to significantly accelerate facial recognition, images, and more accurately analyze CT scans and other medical data,...
The World Bank has lowered its forecast for the growth of the Russian economy this year to 1.5 percent instead of the previously predicted 1.8 percent, The Moscow Times reports.
“In Russia, growth has been resilient, supported by private consumption and exports,” the World Bank writes in its semi-annual...
Lithuania's main gas importer, Lietuvos Energijos Tiekimas (LET), has agreed the terms of a new one-year Russian gas import arrangement with Gazprom, the company’s CEO Mantas Mikalajunas said Tuesday, according to Russian news outlet Delfi.
Lithuania, which also has LNG import deals and access to storage, previously paid among the...
Australia-based company AWS mining plans to launch a huge cryptocurrency mining farm in Russia, despite tentative conditions in the market brought on by a 75% drop in Bitcoin price from its December 2017 all-time highs, Crypto Vibes reports.
Abundant energy supply to make the processes economically viable is most important...
Investment bank Goldman Sachs has downgraded its oil price forecasts for 2019, citing a surge in global production, led by U.S. shale growth, CNBC reports.
The investment bank now expects international benchmark Brent crude to average $62.50 a barrel this year, a 10.7% drop from its previous forecast of $70/...
One of the world’s largest tech events of the year, the Consumer Electronics Show (CES) kicked off in Las Vegas on Tuesday, bringing together global tech leaders to showcase their latest initiatives.
Russia’s Yandex is presenting its self-driving car and will be providing demonstration rides of it in the streets of...
OAG Aviation Worldwide ranked the most punctual airlines and airports in the world for 2018, Izvestya reported.
The report shows that Panamanian company Copa Airlines had the least delays and discrepancies with the schedule during 2018. The top 10 airlines also include Latvian airBaltic, Qatar Airways and the Dutch KLM....
Despite cheaper gas supply flowing from Russia to Europe, America’s booming shale gas industry is targeting the European market, Hellenic Shipping News reports.
At Cheniere Energy Inc’s new Texas liquefied natural gas export terminal, two-thirds of the volume of the first two plants is contracted to Europe, with...
Currencies from emerging markets strengthened against a soft dollar on Monday, driven by calming comments by U.S. Federal Reserve Chairman Jerome Powell, Reuters reports. Developing world stocks rose on strong U.S. jobs data, the news agency wrote.
On Friday, Powell said the Fed would be patient and flexible in policy...
Russia has removed import taxes on a number of goods coming from Moldova. From January 1, Moldovan producers have once again been able to export fruit and vegetables (both fresh and processed) and wine to Russia, Moldova Inform writes.
The move was announced by the Moldovan President Igor Dodon, who...
