A co-owner of Russian aluminum producer Rusal said on Monday a new strategy for the company was immediately needed after it was hit by U.S. sanctions, Reuters reported.
SUAL Partners, Russian billionaire Viktor Vekselberg’s investment vehicle and owner of a 22.5 percent stake in Rusal, said that Rusal’s board and shareholders...
Moscow and Tehran have signed memorandums on the delivery of 40 Sukhoi Superjet-100 (SSJ-100) passenger planes to Iran at the Eurasia Airshow, Sukhoi Civil Aircraft President AleksandrRubtsov has said, according to Vedomosti.
Iran will receive the new SSJ100R version of the airliner by 2022, according to Rubtsov. Initially, both parties...
The general manager of Russia’s state defense agency Rosoboronexport Alexander Miheyev has said that Moscow had started to produce the S-400 missile defense systems purchased by Turkey, TRT reported.
“Production has started. Everything has been discussed, and we will fulfill our responsibilities. We have started to actualize the agreement,” said...
UK jet engine maker Rolls-Royce is in talks with Aero Engine Corporation of China (AECC) on a possible partnership that would see the companies jointly supply engines for a new wide-body aircraft planned by China and Russia, Bloomberg reports.
The two companies met earlier this year to discuss cooperation on...
A Siberian town will be doomed unless Moscow finds a way to mitigate U.S. sanctions against aluminum giant Rusal, workers at one of Russia's biggest aluminum smelters have told Reuters.
The government will have to step in "so that people don't start howling," said a welder who has worked at the...
With Moscow quitting prominent European weapons exhibitions in France and Britain, hopes are high that Russian equipment and weapons will become popular in Southeast Asian countries, Kommersant daily reports.
This week a delegation from Russia will hold negotiations with key players in the region, including Malaysia, Thailand, and Sri Lanka within...
Shares, bonds and metal of Russian aluminium giant Rusal were top sellers on Wednesday as international financial groups took action to distance themselves from the company after it became a target for United States-imposed sanctions, Reuters reported.
The Russian government pledged to provide Rusal with short-term liquidity and offer other...
The shares of Rusal, the world’s biggest aluminum producer outside China, plunged 50 percent in the Hong Kongstock exchange following U.S. imposed sanctions on the firm and its billionaire owner Oleg Deripaska, Bloomberg reports. The development could have a devastating effect on the global aluminium market.
The company is...
Russia’s government and representatives of Russian companies will discuss measures to respond to new U.S. trade tariffs on steel and aluminium in the coming days, Deputy Prime Minister Arkady Dvorkovich said on Friday, according to Reuters.
Russia said in March it will likely prepare a list of restrictions on...
India and Russia have started to move forward on a deal to supply New Delhi with the powerful S-400 air and missile defense system. However, in case the deal goes through, India might come under American sanctions because of the new Countering America's Adversaries Through Sanctions Act that was...
