More than 200 Russian companies have been denied Microsoft products and services following new U.S. sanctions, according to notifications circulated by two of the company’s official distributors in Russia.
The sanctions that came into force in November cut the duration of loans that can be offered to Russian financial firms...
Authorities in Russia have broken up a widespread scheme involving dozens of gas-station employees who used software programs on electronic gas pumps to con customers into paying for more fuel than they actually pumped into their tank. The scam shorted customers between 3-to-7 percent per gallon of gas pumped,...
Dangers could be lurking around the corner for Russian steel makers despite them ramping up production and making the most of rising prices and demand in 2017, Reuters reports.
The country’s top two steel companies, NLMK and Evraz, reported this week their 2017 output is up by about 3 percent,...
Russia will focus on the technology agenda and will announce participation in a number of new technology development projects at the World Economic Forum in Davos this year, Minister of Economic Development Maxim Oreshkin told reporters on Friday.
"Certainly, we will increase Russia’s role - participation of Russia in certain...
Sberbank, one of the largest banks in Russia, has announced a blockchain laboratory to develop and test blockchain-based solutions.
The new lab aims to generate product prototypes, perform pilot tests and deploy blockchain-based business solutions for Sberbank Group, a press release said.
According to Igor Bulantsev, Sberbank's senior vice president, blockchain...
Experts say Russia is planning the next step in making the country independent from the West, at least in cyberspace: Moscow wants to install its own root servers, IEEE Spectrum reported.
Last November, news emerged that Russian president Vladimir Putin had approved a plan to create an independent Internet by 1...
The Russian Ministry of Labor has updated the expenses, income and property declaration guidelines for the Russian government employees and has included a point about cryptocurrencies. According to the latest updates, government employees are not obliged to declare any virtual currencies they obtained. The changes that have been made...
Russian President Vladimir Putin said that the Russian economy has recovered and is growing. After the recession of 2015 and 2016, the Russian GDP also grew last year, Russia Today reports.
“The positive dynamic in the Russian economy goes on. We have a lower than expected budget deficit; our gold and...
