Renewed punitive sanctions of Iran’s oil industry will be unproductive, while the consequences of such a move are unpredictable, Russia’s Energy Minister Alexander Novak has warned United States President Donald Trump, according to the Financial Tribune.
Sanctions are set to be re-imposed on Iran's oil industry on November 4 after...
A new draft law on digital financial assets, an alternative to the one already developed by authorities, has been proposed by an organization that unites some of the leading enterprises in Russia, Pravda reports.
The version, prepared by managers of leading Russian enterprises, contains the legal term “cryptocurrency” and differentiates...
The central Asian nation of Kyrgyzstan is keen on investment from Russia in five economic sectors the country’s officials and companies have identified as significant, AKI Press news agency reports.
Founders and top managers of more than two hundred leading enterprises of Kyrgyzstan and Russia discussed ways to expand cooperation...
The company that built the controversial Kerch Strait bridge in Russia-occupied Crimea, Stroigazmontazh, is also ready to build a bridge to link Russia’s Far eastern island of Sakhalin and mainland, RBK reports.
Billionaire Arkady Rotenberg, chairman of the company’s board of directors, was speaking about the subject in an interview with the...
In a blow to Russia's biggest internet company, Yandex, a Moscow court upheld its original ruling in a dispute between Yandex and media companies, which means the search engine must definitely remove all media content infringing copyright from its servers, TorrentFreak reports.
Last month, following a lawsuit filed by several...
A tougher monetary policy in Russia will be necessary to limit the effect of a recent VAT (value-added tax) hike and keep inflation at the level of around 4%, the Bank of Russia has said, according to Banki.ru.
"The decline of annual inflation will be slower during the year due...
A dispute between Ukraine and Russia over $3 billion in unpaid Ukrainian bonds is set to go to a full trial, a London appeals court ruled Friday, finding allegations that Russian aggression against its neighbor voided the loan must be tested in court, TASS news agency reports.
The decision in...
The board of directors of Russia’s Central Bank has raised the key rate from 7.5% to 7.25% amid increasing inflationary risks, Gazeta reports.
"Changes in external conditions observed since the previous meeting of the board of directors have significantly increased pro-inflationary risks," the regulator said in a statement. Previously, the...
Ongoing confrontation between the United States in Russia means that the two countries attempts at energy discussions are likely to fail, Russian experts say.
The negotiations this week between Russia’s Energy Minister Alexander Novak and U.S. Energy Secretary Rick Perry resulted in a formal declaration of intent to continue...
Russian gold miner Nordgold has formally launched its third mine – the new Gross operation in Yakutia, Russia, which will turn the company into a one-million-ounce a year producer, The Mining Journal reported.
The Gross mine will operate for 17 years and is expected to add 200 000 oz/y of gold to...
