With 99.9% of the vote counted, 77.93% of Russians voted for changes to Russia’s constitution and 21.26% against in a referendum on July 1. The turnout was 65%.
Corporate profits started to recover in April, the last month with available data, but profits are running at slightly over 50% less than 2019 in March and April on a cumulative basis.
Russian petrochemical giant Sibur Holding has issued a $500m 5-year eurobond on the Irish Stock Exchange with the lowest coupon yield ever for a Russian corporate of 2.95%, on June 30.
The headline seasonally adjusted IHS Markit Russia Manufacturing PMI bounced back in June at the end of the second quarter, recovering almost all the ground it has lost during the coronacrisis to post 49.4 at the end of the second quarter
Calls it a “criminal” intervention by “a country which claims to be a Nato member”.
With its launch scheduled for 2023, Siberia's Udokan copper deposit is among the largest in the world.
WHO warns of a “very serious resurgence” that risks pushing healthcare systems “to the brink” in 10 countries from the region after lockdowns were eased.
Letters to President Vladimir Putin and Russia’s powerful Federal Security Service (FSB) reveal how shareholders in Russian lender Vostochny Bank sought to smear US investor Michael Calvey
Russia started early voting in its controversial referendum on changes to the constitution on June 25 that will reset the presidential term counter for President Vladimir Putin to zero and allow him to remain in office until 2036.
One in three (37%) Russians would refuse to take a vaccine against coronavirus (COVID-19) even if one were available, according to a survey conducted by Russia’s Higher School of Economics.
Several countries in emerging Europe have re-imposed lockdowns and border restrictions to prevent the spread of the novel coronavirus after reporting spikes in new infections.
This summer has turned into the hottest since record-keeping began, as towns that are usually still blanketed by snow are experiencing a blazing heat wave, thanks to the escalating climate crisis.
The embattled founder of Baring Vostok Capital Management, Michael Calvey, has reportedly been diagnosed with cancer, Kommersant reported on June 23.
The Moscow dining market has reached 65% of its pre-pandemic turnover after limitations were gradually eased, and summer terraces fill up, according to Moscow Mayor Sergey Sobyanin, who was photographed in a restaurant having dinner on June 18.
Encrypted messaging app is hindered in Islamic Republic by official attempts to block it. Co-founder Pavel Durov says he refused to share user data with intelligence services.
The coronavirus (COVID-19) pandemic has been a boon for environmental, social and governance (ESG) funds, 85% of which are now outperforming their non-ESG peers, according to a paper released by the Institute of International Finance (IIF)
The board of the Central Bank of Russia (CBR) has resolved to cut the key interest rate by 100bp from 5.5% to 4.5% at the policy meeting of June 19. The cut is four-fold larger than the minimum step of 25bp and was largely anticipated
Author of report from Washington think tank points to fading of traditional arrangement whereby Moscow takes care of security matters while Beijing takes care of the economic side.
Instead of triggering an increase in remittance payments, which is typical during times of crisis, the uncertainty surrounding the COVID-19 pandemic has caused migrant payments to households in developing countries to slow dramatically.
Russia’s Ministry of Economy has released a fresh forecast for 2019-2022 with no V-shaped recovery but decent results for inflation and unemployment