Saturday, May 24, 2025
The traditionally weakest part of the Russian economy, manufacturing, is in strong recovery and showed signs of building up some momentum in November, according to the monthly IHS Markit manufacturing PMI index for the country, Reuters reports. The index rose to 52.6 from 51.30 a month earlier, well above the 50...
Hundreds of industry specialists, including prominent speakers, attended this year’s Blockchain Conference in Moscow, with burning issues such as cryptocurrency regulation, the influence of digital assets on capital management, and the future of decentralized technologies on the event’s agenda, Security Lab reports. The event, organized by Smile-Expo, brought together 40 speakers from...
Russian lawmakers have decided to push back a draft bill called “On Digital Financial Assets” to the initial reading stage, after a review showed there was a need for major changes, business newspaper Kommersant reports. The newspaper notes that Pavel Krasheninnikov, the head of the council and chairman of...
The world’s most renowned cryptocurrency, Bitcoin, has "deflated like a soap bubble" but boosted investments in new technologies, Russian Economic Development Minister Maksim Oreshkin said Wednesday, according to CCN. 'You may recall what I said, for example, last year, when Bitcoin's price jumped up to $20,000, and now it is...
The Russian government has no plans to increase fines for Internet companies that break Russian laws, TASS news agency cited Deputy Prime Minister Maxim Akimov as saying on Thursday. “No, we have no such plans,” he said, answering a question about the matter, adding that such a project has not...
The number of users in North America buying software from Russian internet security company Kaspersky Lab is growing, while the U.S. market remains the second-largest for the company in terms of sales volume, the company’s Chief Business Officer Alexander Moiseev said in an interview with pro-Kremlin news outlet Sputnik. Last...
Russia’s state telecommunications watchdog, Roskomnadzor, is taking action against U.S. tech giant Google for failing to exclude Russian-banned domains from search results, TASS news agency reports. On Monday, the Roskomnadzor agency announced it had opened an administrative case against Google LLC over the western tech giant’s refusal to connect to...
The recent collapse in prices for basic cryptocurrencies led to a decline in mining businesses in Russia, with this being noticeable in both the industrial and private sectors, Kommersant reports. At the same time, experts told the newspaper that cryptocurrency mining as a sector is declining due to the development...
The Russian government plans to impose harsher fines on technology companies that fail to comply with Russian laws, sources familiar with the plans said, according to Reuters. The move should intensify the Kremlin’s fight with global tech giants such as Facebook and Google, the news agency reported. Russia has introduced tougher...
Osaka won the rights to host the 2025 World Expo, beating out rivals Yekaterinburg in Russia and the Azerbaijan capital of Baku, during voting in Paris on Friday, The Nikkei Asian Review reported. Celebrations were held in Paris after the results were announced, and crowds marked the good news early...