Germany’s political support for the Nord Stream 2 gas pipeline with Russia will not be withdrawn, the country’s foreign minister said on Monday, as some lawmakers suggested lowering the proposed pipeline’s capacity to punish Moscow for its seizure of Ukrainian ships and their crew, Handelsblatt reports.
Russia is resisting international calls to...
The Bank of Russia is mulling a new obligation for commercial banks and major companies to tell it in advance about foreign exchange deals that could affect the value of the ruble, Reuters reports citing financial markets sources.
According to the sources, some of whom are involved in writing a new code...
Russian airlines collectively carried some 10 million passengers in October, once again achieving a double-digit growth in operational performances, Rusavia Insider reports.
Total traffic jumped 12.4% compared to October last year, with the domestic segment growing slightly slower at 11.3% to 5.7 million passengers, while international traffic grew slightly faster...
The Sheremetyevo International Airport (JSC SIA) Board of Directors met this week to approve multiple phases of the Master Development Plan. The Board approved the construction and renovation of Terminal C (Phase 1) along with updated parking lot reconstruction plans, thus giving a greenlight to develop a rail station...
Russian mining giant Alrosa has summed up the results of its auction of special size (over 10.8 carats) diamonds, held at the Israel Diamond Exchange (IDE) last week, the company said in a statement.
Alrosa sold 105 gem-quality rough diamonds totaling 1,906 carats in weight, raking in $17 million. More...
Oil production in Russia decreased in November, ahead of a crucial meeting with OPEC this week to decide supply strategy as prices slump.
Russia produced 11.369 million barrels a day of crude and condensate last month, a 0.42 percent decline from October, according to preliminary data from the Energy Ministry’s...
Russian steel tycoon and the richest man in the country according to Forbes, Vladimir Lisin, has been elected as president of the International Shooting Sport Federation (ISSF), Novaya Gazeta reports.
62-year-old Lisin is a powerful Russian entrepreneur and chairman of one of the world’s leading steel making companies, NLMK Group....
A Washington, DC Court of Appeals has rejected an appeal by Russia’s Kaspersky Lab in the software company’s case against the United States, The Hill reports.
On Friday, the court panel upheld an earlier district court ruling that Kaspersky could not bring a lawsuit against the U.S. government in hopes...
The head of Russia’s state-owned VTB Bank has appeared at Russia’s largest financial conference wearing a Jedi costume from the sci-fi saga Star Wars, eclipsing his controversial appearance last year in a Stalin costume, Meduza reports.
VTB chief executive Andrey Kostin, who was included in a U.S. Treasury Department sanctions...
The tourist outflow from Russia during the coming holiday season may turn out to be ten percent higher than last year, but the trend can hardly be described as positive since it is just in line with overall market growth recorded in 2018, experts told business newspaper Kommersant.
Analysts believe...
