The headline seasonally adjusted IHS Markit Russia Manufacturing PMI registered 51.6 in October, up from 49.8 in September, and signalled the first improvement in the health of the Russian manufacturing sector for five months.
A new centre-left government in Berlin could help create a two-tier Europe, especially if it promotes rule of law penalties.
“We are currently developing a new company strategy, with the central priority of adapting to the challenges of energy transition and integrating the ‘green agenda’ into our business,” said Sechin.
COP26 is trying to put flesh on the bones of the targets and promises made at the 2015 Paris meeting.
Germany’s government has determined that the Nord Stream 2 poses no threat to European energy security, clearing a key obstacle to the pipeline’s commercial launch.
Gazprom will first finish pumping gas into Russia’s own underground storage facilities. Once this process is completed, Putin has instructed Gazprom CEO Aleksei Miller to begin pumping gas to similar facilities in Germany and Austria.
As consolidation continues apace in the Russian food retail market, a dramatic shift in consumer behaviour is keeping sector leaders on their toes.
Moscow seems willing to tolerate Taliban rights abuses, if the movement can get the job done.
Bayraktar T2B said to have destroyed Russian-made howitzer in separatist-controlled area. Russia says uses of battlefield technology risks destabilising conflict situation.
A majority of G20 net-zero pledges made so far are not strong enough and are not backed up by meaningful and effective promises of action.
Valuation of Mercury Retail, which owns Red & White and the Bristol food retail chain, could be as high as $20bn-25bn.
International digital transformation and cybersecurity solution provider Softline has a total market capitalisation of around $1.5bn.
The Russian car-sharing major is eyeing a potential valuation of over $900mn when it lists on the New York Stock Exchange.
The SPB100 Index has been launched on the St Petersburg-based SPB Exchange. Trading started yesterday in the index that records the performance of prime stockpicks from Europe, America and Asia in the portfolios of Russian retail investors.
Russia’s Team Spirit has triumphantly lifted the Aegis of Champions. The team of five youngsters – the oldest of them only 23 years of age – has won $18.2mn, the biggest prize in eSports.
As Moldova struggles to strike a new natural gas deal with Russia’s Gazprom, Chisinau has mandated state-owned company Energocom to buy additional gas from EU countries.
In a resolution on the EU’s strategy for cutting methane emissions, MEPs voted 563 to 122 in favour of introducing binding measures and targets on methane abatement, in order to significantly reduce emissions by 2030, in line with Paris goals.
The board of the Central Bank of Russia resolved to increase the key interest rate by 75 basis points to 7.5% at the policy meeting of October 22, making a hawkish move that surprised the market.
Russian insurance company Renaissance Insurance Group announced the final price for its initial public offering (IPO) on Moscow Exchange of RUB120 ($1.69) per ordinary shares and completed its IPO on October 21.
G7 countries have the potential to reach net zero in the power generation sector by 2035 and spur decarbonisation in other economies and sectors.