Russia and European destinations were some of the hotspots for online and mobile payments in China this year, a new report by Alipay reveals, according to the South China Morning Post.
The report by Alibaba Group Holding affiliate Ant Financial Services, which operates the Alipay payments platform, says the soccer...
Activity in Russia’s service industry as measured by the IHS Markit services PMI index rose to a three month high in August at 53.3, up from 52.8 a month earlier and well ahead of the 50 no-change benchmarks, Markit said in a press release on Wednesday.
The overall index has...
Ukraine urged the D.C. Circuit on Tuesday to toss Russian energy company PAO Tatneft's bid to enforce a $112 million arbitral award it won following the forced 2007 seizure of a Ukrainian oil refinery, saying an exception to sovereign immunity doesn't apply in this instance.
According to the Russian legal...
In a move seen as defiance of U.S. sanctions against North Korea, Russia has resumed coal supplies through the Far Eastern country’s port of Rajin, RBC reported on Wednesday, citing Interfax news agency.
In the past, Rajin has been a transit point for Russian coal exports to South Korea. According...
A nearly half-billion dollar contract issued to a Chicago-based steel company to make bunker-buster bombs is being revoked after complaints by lawmakers about the company's ties to a Russian oligarch, Bloomberg reports.
The Air Force awarded a contract worth $419.6 million to A. Finkl & Sons Co. to produce bomb...
Fintel Energija, the Serbian subsidiary of Italy's Fintel Energia Group, said it has established a company in Russia to develop two wind power projects there, Construction.ru reported.
The Russian unit, Fintel Russian Ventures, will build and operate two wind farms with installed capacity of 25.2 MW and 273 MW, located in the...
The steady depreciation of the ruble, which lost 20% of its value against the dollar since the beginning of the year, is irritating the country’s citizens, says a report by Romir Research Holding based on recent opinion.
Three-quarters of those surveyed said that the devaluation is "a problem for the...
Projects of oil production on the Russian Arctic shelf remain loss-making even under relatively high current prices, President of the Union of Oil & Gas Producers of Russia (SNGPR) Gennady Shmal said on Tuesday.
"Speaking about the present and even about the future, all the Arctic projects are too expensive...
Russian agricultural holding RusAgro has acquired CapitalAgro together with its distribution company CapitalAgro Trade House for 1.9 billion roubles ($28 million), the company said in a statement on its website, according to Dairy News.
Within the deal, RusAgro gained control over several pig farms in Belgorod region in European Russia...
Russia’s state-owned company Energomash signed a contract with U.S. aerospace manufacturer Orbital ATK to supply four additional RD-181 rocket engines for US Antares-type launch vehicles, two top managers in the aerospace industry told business newspaper Kommersant.
The chief of Russia’s state nuclear agency Roscosmos Dmitry Rogozin, responding to a...















