Denmark’s largest bank is investigating whether companies with ties to Russia used it to launder money, examining $150 billion in transactions that flowed through a tiny branch in Estonia, Market Watch reported citing people familiar with the matter.
The $150 billion figure, covering a period between 2007 and 2015, has...
A day after Russian President Vladimir Putin said his government was interested in strengthening of defense cooperation with Vietnam, the Asian country has placed orders for Russian weapons and military services worth more than $1 billion, Reuters reported citing TASS news agency.
"We have a portfolio of orders worth more...
The Bank of Russia remains "very cautious" toward cryptocurrencies and considers the digital assets extremely volatile, the central bank's Governor Elvira Nabiullina said on Thursday, according to Vesti.ru.
"We are very cautious with the phenomenon of cryptocurrency," Nabiullina said during a discussion in Washington alongside International Monetary Fund (IMF) Managing...
The Russian government wants to attract investment from the country’s businesses but is not trying to “trick” them out of their profits, Finance minister Anton Siluanov has said, according to Reuters.
His comments came a day after he met business representative Alexander Shokhin and other heads of companies to discuss...
Russia’s gas giant Gazprom said on Thursday a total of 2,010 kilometers of pipes have been welded and laid for the Power of Siberia gas pipeline between Yakutia and the Russian-Chinese border, OilPrice.com reports. According to the company, this translates into 93% of the pipeline’s full length.
The Power of Siberia’s...
Russia’s top internet company, Yandex, has set its sights on expansion in the Israeli market, with plans in store to launch its music streaming service in Israel in a few weeks and an 8-month course in data science shortly after, Times of Israel reports.
Yandex is a multinational company and Russia’s...
Buyers of aluminum from European countries will avoid deals with sanctioned Russian company Rusal when the industry meets in Berlin next week to seal 2019 metal supply agreements, three sources familiar with the discussions told Reuters.
The event, known in the industry as the “mating season,” is taking place alongside...
Russian economic growth could accelerate to 3 percent in 2021-2022, Economy Minister Maxim Oreshkin told an economic forum on Thursday, according to TASS.
Earlier the economy ministry slightly lowered its forecast for economic growth this year and next because of volatility in financial markets, faster capital outflow and business pessimism...
Abu Dhabi-based oil company Mubadala Petroleum and the Russian sovereign wealth fund (RDIF) have finalized a deal to acquire a 49 per cent shareholding in a Siberian oil venture from Russia’s Gazprom Neft, marking the Emirates company's entry into the Russian market, Forbes Middle East reports.
Mubadala Petroleum, a unit...
