Russia is ready to boost oil production within the OPEC+ oil production capping deal by more than 200,000 barrels daily in order to increase the OPEC+ production growth to 1 million bpd, Energy Minister Alexander Novak told reporters on Friday.
"For example, if this million is not reached, then we...
Shareholders of London-based gold mining company Petropavlovsk will vote on Friday at a meeting in the UK capital, with a Kazakh cryptocurrency tycoon and a banking heir pitted against hedge funds such as DE Shaw and the chairman of Chelsea Football Club Roman Abramovich, Bloomberg reports.
The two camps have...
U.S.-based multinational payment system Visa, FIFA’s official partner and global sponsor of the World Cup, has released its initial data on expenditures by foreign fans visiting Russia for the tournament, RBC reported.
The biggest spenders at the World Cup were visitors from the United States, China, and Mexico. Football fans in...
The Swedish Court of Appeals on Thursday ruled to uphold a suspension of an arbitration ruling that blocks attempts by Ukraine’s Naftogaz to seize Gazprom’s foreign assets in a long-running dispute over gas contracts, Reuters reported.
Earlier, the Court of Appeal temporarily suspended a Stockholm arbitration court’s ruling from February that...
The nuclear deal concluded between China and Russia earlier this month was another blow to America's declining global influence in the field of commercial nuclear energy, says James Grant, Junior Fellow at the American Foreign Policy Council (AFPC) in an article published by the Journal of Energy Security.
Russia and...
With the soccer World Cup in full swing in Russia, domestic fans have so far bought nearly a third of the total available tickets - more than 800,000, Russia-dedicated Dutch website Raam op Rusland reported.
According to analysts, the surprising interest of Russian fans for the relatively expensive soccer entertainment is...
Next year’s expected VAT (value-added tax) rate increase will slow Russia’s economic growth from 1.9% in 2018 to 1.4% in 2019, while investment and real wage growth will drop from 3.5% and 6.3% to 3.1% and 1%, respectively, Vedomosti reported citing an outlook by the country’s Economic Development.
The adjusted macroeconomic...
Russia outpaced China, India and the U.S. in terms of the number of trade and investment restrictions against EU companies in 2017, according to the EU Commission’s annual report on Trade and Investment Barriers.
According to RBC, the report analyzes restrictions related to services, investments, public procurements and intellectual property...
Bitcoin and cryptocurrencies are becoming far easier to use in the many industries involved in major sports events — from hospitality to gambling, and this trend is showing on this year’s soccer World Cup in Russia, CoinTelegraph reports.
In the four years since the last World Cup, cryptocurrencies have grown...
Russia and France are successfully cooperating in the nuclear sector and are convinced it has good perspectives globally Alexei Likhachev, the CEO of Russia’s state nuclear corporation Rosatom said in an interview with France’s Le Figaro on Thursday.
"We maintain partner relations with France in various regions of the world. Apart...
