The backsliding amongst Ukraine’s international partners to cut the government some slack ahead of presidential elections continues, with the IMF confirming rumours that it will not insist land reforms are made before it releases its next aid tranche
Central bank says international accounting firm failed to highlight credit risk exposure of the country’s largest lender.
Aeroflot will buy an additional 20 Russian-made and designed Superjet SSJ-100 jetliners in addition to its current 30, the state-owned United Aircraft Corporation manufacturer said.
Cold weather and storms in May have set back the Russian harvest, but it is still on course to come in at the benchmark 100mn-tonne level this year.
Russian gas giant has reportedly started construction work on the second stage of the Turkish Stream pipeline before the final deal is approved by Ankara.
Russia's finance ministry admits that its planned $4bn eurobond swap this autumn may fall foul of geopolitics.
Rising prices and falling savings are currently Russians’ biggest fears, according to the state owned pollster, the Russian Public Opinion Research Centre (VTsIOM).
The CEO of German technology major Siemens Joe Kaeser is considering pulling out of projects and joint ventures in Russia, after the company got caught up in a sanctions-busting scandal involving the delivery of two power turbines to Crimea.
Two of Russia’s advanced S-400 surface-to-air missile system will be bought from Russia and another two will be produced in Turkey
Russia’s premier online taxi service Yandex.Taxi has joined forces with local rival Uber to jointly offer their service in six CIS countries
Dozens of Ukrainian banks face closure after missing new minimum capital requirements that came into force on July 11. The central bank passed a resolution requiring banks to have minimum capital of UAH200mn ($7.7mn) by this week.
As Russia’s economy starts to grow again, equity portfolio investors are cherry picking amongst the best companies, as their share prices remain undervalued, while their earnings outlooks are improving.
Ukraine has replaced Belarus as the top source of illegal cigarette imports to EU countries, as the countries on the EU’s eastern borders continue to be the main source of counterfeit and contraband cigarettes.
Cyber security also featured in 135-minute talks on sidelines of G20 summit in Hamburg.
Unwilling to adopt liberal reforms demanded by the IMF for further loans, Belarus turns as expected to its eastern neighbour for support.
$18mn was paid out to Alfa to help fund the recovery of assets in Russia and Ukraine previously owned by Irish tycoon Sean Quinn.
In a 40-minute address in central Warsaw the US president worked key themes from energy, Nato protection and standing up to Russia.
Xi and Putin hail cooperation as “a corner stone for maintaining peace and stability in the entire world”.
Probe centres on €4.5bn in loans to borrowers that did not conduct economic activities and had negative credit, says central bank.
Forced labour identified as a major problem across Russia, Belarus, Turkmenistan and Uzbekistan.