Tashkent holds firmly to ‘No’ but Putin underlines difficulty of Afghanistan situation by saying intelligence indicates 2,000 Islamic State members may be present in north of country alone.
Russia’s ultrafast grocery delivery service Yango Deli that can get goods to customers in under 15 minutes has launched in London, the company said in a press release on October 14.
Russian President Vladimir Putin set the goal of carbon neutrality by 2060 during comments in his speech at the plenary session of Russia’s Energy Week on October 13.
Mail.ru Group’s appetite for acquisitions in the gaming space was confirmed again today as My.Games Venture Capital (MGVC), the investment arm of its subsidiary My.Games, announced minority investments in three game studios.
Leading Russian metallurgical company Metalloinvest has hired Alexander Blumhardt and Manfred Grundke from the global construction materials group Knauf, to serve on the board as independent directors to boost the company’s corporate governance.
Russia's internet major Mail.ru Group announced its rebranding into VK, the name of the social network (former VKontakte) and the key asset of the group.
Governments need to smash the stubborn dominance of fossil fuels if the world is to reach net zero by 2050, despite the rapid development of green technologies, the IEA warns.
Low wind power output in Europe has played a role in causing the current gas supply crisis in Europe, Russian president Vladimir Putin said in speech on October 13.
The Russian government approved a list of 42 strategic initiatives for socio-economic development of the country on October 7. Their aim, according to the official announcement, is “to improve people’s quality of life."
Non-oil exports drive Russia’s current account balance to a historical quarterly high of $40.8bn in the third quarter, the CBR reported on October 11.
What happens to last season’s clothing that big fashion retailers can’t sell? Landfill is not the only choice for producers. Enter off-price retailers, who buy the end-of-season surplus from top names and sell it at low prices.
Russia's exceptionally strong current account surplus helped the ruble outperform its peer currencies in 3Q21 and is likely to keep doing so in 4Q21. As a result, we see USDRUB appreciating to 70.0-71.0 in the coming month.
There are many underlying causes behind the current gas supply crisis unfolding in Europe. A “V” shaped market has seen global gas demand surge but adding to a perfect storm is that the EU's own gas production has been plummeting.
In 1993, Mikhail Gorbachev spent a small portion of the money from his Nobel Prize for Peace, awarded three years prior, on eight computers requested by a modest journalistic startup. The latter grew to become the liberal newspaper Novaya Gazeta.
Russia is home to a fifth of the planet’s forests, more than any other country in the world by a comfortable margin. But the country’s share in the global forest products market is just 4%, according to the UN.
That naughty Vladimir Putin is up to his tricks again. Not weaponising football hooligans or COVID vaccines this time, but gas. Politicians are queuing up to blame Russia. The trouble is, this is not just bad analysis but also bad politics.
Russia’s gross international reserves have fallen by $10bn from an all-time high to $611.9bn as of October 1, according to the latest data from the Central Bank of Russia.
Sber (formerly known as Sberbank) became the most valuable bank in Europe on October 7. Previously the first place was held by the British HSBC, Russian media reported.
Energy prices have seen significant strength recently. European gas prices have rallied 94% during September, taking them to record levels. Oil and coal have also strengthened.
Russia is a top ten global alcohol producer and has one of the highest vodka consumption levels globally: 3.5 litres per capita in 2020 of pure alcohol. But the shape of the market is also rapidly changing.