Thursday, May 2, 2024
Russia’s military has reportedly moved a step closer to developing plane-mounted lasers capable of hitting enemy satellites, News.com.au reports. A source from the country’s engineering team creating such a laser told Russian media agency Interfax that weapons maker Almaz-Antey had “completed work on the anti-satellite complex” which includes a laser...
Decision-makers in Finland and Norway are speeding up talks on a so-called Arctic Corridor, EUobserver reports. If the project, spurred by China's massive Belt and Road Initiative, materializes, it will be the shortest, most direct route for goods between Asia and Europe ever. Cargo ships from Asia will off-load in...
Russian President Vladimir Putin will meet on Wednesday with Austrian Chancellor Sebastian Kurz, who will pay a working visit to Russia, the Kremlin press service said. "The sides plan to discuss current bilateral relations and prospects of their further development, in particular in trade and economic, energy, cultural and humanitarian...
The Organization of Petroleum Exporting Countries (OPEC) will hold a dinner on Monday in Houston with U.S. shale firms, two industry sources said, according to Reuters. The move is the latest sign of the kartel widening talks about how best to tame a global oil glut. The dinner will be...
Russia energy giant Gazprom expects its annual gas output to grow to 520-560 billion cubic meters by 2025. The company’s forecast is based on expectations of a "sufficient demand in Russia and favorable conditions on external markets," it said, according to Vedomosti. In November 2017, Gazprom had a less optimistic...
Russia’s Federal Antimonopoly Service (FAS) approved the request by oil and gas giant BP to purchase a 49% stake in Kharampurneftegaz, a subsidiary of Russian state-owned company Rosneft, the regulator said according to TASS news agency. Earlier, BP's application was approved by the antitrust watchdog of Germany. The Chief Executive Officer of...
Russian state-owned Sberbank briefly climbed to the first place on the list of richest banks in Europe on Monday, surpassing Spain’s Banco Santander, although, by the end of the day, the Spanish bank had reclaimed the top ranking. The value of Sberbank's ordinary shares exceeded $5.11 per share, while the...
The Estonian branch of Denmark’s biggest bank closed the accounts of several companies in 2013 after realizing they had been used by a member of Vladimir Putin’s family and Russia’s intelligence service, FSB, to launder huge amounts of money, a leaked report published by the Organized Crime and Corruption...
The United States State Department on Monday unveiled a new program to counter foreign interference in the 2018 U.S. midterm elections, CNN reported. The long-awaited announcement said the $40 million initiative will battle state-sponsored disinformation and propaganda targeting the U.S. and its interests, but avoided mentioning Russia by name. The program...
Russia’s communications services provider Rostelecom has backed out of its plan to enter the computer games market by refusing to partner with Russian cloud platform LoudPlay and is exploring the possibility of cooperating with foreign players. According to the report, the Russian giant is considering U.S.-based company Nvidia in...