The lender with reputed Kremlin links cuts its astronomically costly ‘rocket ship to the stars’ UK operation.
Russian-owned lender is also alleged to have been involved in helping Moscow fund populist political parties in the EU.
The four-country summit just held in Berlin brought a mixed bag of results, with real concessions made amid reiterated stock demands that paralysed almost two years of efforts to end the conflict in East Ukraine.
EU leaders said they will consider all options against the Syrian government and Russia for atrocities committed in Aleppo, but met resistance from Italy in the issue of imposing new economic sanctions.
UCP’s newfound role as champion of activist investment in Russia is questioned given the finance firm’s ties to people in high places.
Multi-billion-dollar energy and defence deals are hoped to overcome strains appearing in Russian-Indian relationship over Pakistan.
Russia's recent sabre rattling has invoked the spectre of military confrontation between the former Cold War adversaries.
The most immediate challenge for blockchain is scaling the technology so it can handle increased transaction traffic in the years to come. Bitfury and Lightning Network have taken a big step towards this.
This is the way of high politics under Putin: you either drift in limbo or are struck by the implacable and unpredictable lightning bolt from the heavens. Late Putinism isn’t working, but who will brave the lightning bolts to tell him?
Moscow-backed opposition parties seek to put the brakes on the tiny country’s progress towards Nato accession.
The reported creation of an all-powerful intelligence agency may have been prompted by the chaotic state of the sector.
Russia watchers cite growing losses by the state bank's UK unit amid Western sanctions, as well as tight regulatory inspection and the high cost of real estate in London.
The two countries move fast to rebuild ties nearly a year after Turkey shot down a Russian warplane.
The outlines of Russia’s next three-year budget are emerging: The 2017-2019 budget will impose austerity on the government, but pave the way for the 2018 presidential elections. Defence spending will fall, social spending will rise.
The London-based business generated a profit last year of $717,000 compared with $1.3mn a year earlier, according to a recent filing made at UK Companies House.
Russia will remain the wild card in oil production forecasts.
Rosneft will acquire 50.8% of Bashneft by year’s end, despite both being state-controlled companies.
What may seem like petulant antics actually reflects a difficult and dangerous underlying problem: Putin genuinely believes the West is out to get him.
“Europe is not in crisis. It is a crisis!” thundered former Czech president Vaclav Klaus. Is Central Europe undermining EU solidarity? EU leaders, past and present, met at the Rhodes Forum 2016 to discuss the issues, but came up with few answers.
Recent political developments only confirm that Russia is still very influential in Bulgaria and is likely to remain so.
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