Consumer trust in online stores is growing as e-commerce comes of age, and the range of products Russians buy online has also expanded.
Russia is resisting international calls to release the three Ukrainian naval ships its border patrols fired on and seized in the strait near Russian-annexed Crimea, but it looks set to put them on trial to "prove" Ukraine provoked the clash.
Ongoing consolidation of the non-state pension funds (NPFs) has reached its final stage with four largest NPF groups (assets over RUB500bn or $7.5bn)) already accounting for 77% of all pension fund assets, ahead of next state of reforms
Putin says Russia will “prove” the naval clash in the Sea of Azov was a “provocation” by Ukraine, as Bellingcat releases more details of the now infamous incident.
The introduction of martial law in Ukraine will not affect a privatisation tender for the state-owned 78.289% stake in the nation's leading power generating company Centrenergo scheduled for December 13, according to head of the State Property Fund
Automatic Identification System data that tracks ships at sea shows two dozens ships are unable to move through the Kerch straits that join the Black Sea to the Sea of Azov after Russia’s coast guard rammed a Ukrainian ship.
Russia’s biggest private equity fund has bought a large minority stake in the telecoms tower business from its co-investor Macquarie Russia & CIS Infrastructure Fund.
In such an event, oil refining activity would be reduced, dampening export revenue and growth, according to the multinational lender.
Russian's largest producer of turkey meat Damate of Naum Babaev will expand into producing lamb meat in the Stavropol region, Vedomosti daily reported on November 28 citing the investment agreement signed with the regional authorities.
The board of directors of the International Monetary Fund (IMF) are due to meet on December 10 when they are likely to sign off on a new deal for Ukraine that should clear the way for the release of another badly needed tranche.
Russia placed €1bn worth of seven-year bonds under close subscription yielding 3%, with foreign investors accounting for 75% of the placement.
The National Bank of Ukraine has declared the Ukrainian operations of Russia's state-owned VTB Bank insolvent following weeks of a snowballing liquidity crisis.
Financier Bill Browder will land in Dublin this week in a bid to introduce an Irish Magnitsky Act targeting corrupt Russian officials due to the city’s dubious reputation as a shadow-banking hub.
The Ukrainian authorities assured local and international business that the imposition of martial law in Ukraine from November 28 does not mean limits on economic operations all over the country, however the country's transport and energy authorities
Russia's Finance Ministry launched a closed subscription for a euro-denominated seven-year benchmark issue of bonds, Bloomberg and Vedomosti daily reported on November 27 citing unnamed banking sources.
The Verkhovna Rada greenlighted the introduction of martial law by President Petro Poroshenko following a dramatic escalation of the Ukraine-Russia conflict.
Kyiv’s decision to impose martial law for the next 30 days will hurt Ukraine’s economy by further undermining investors confidence in the future of the country.
Two leading fund managers that specialise in the Russian and CIS markets announced plans to merge their public asset management businesses.
WeChat Pay, the payment system of the popular Chinese instant messenger, is making its debut in Russia. In late October Russian Standard announced to be the first Russian bank to support such payments
Da Vinci Capital invests in DataArt, a global tech consultancy with roots in Eastern Europe