Analysts were caught off guard by the sudden plunge of Russia’s November manufacturing PMI result to 45.6, the lowest result in a decade, from an already low 47.2 in October.
Russia’s Gazprom flagship Power of Siberia gas pipeline mega-project that connects Russia’s Siberian gas fields with China came online on December 2, after the investment of billions of dollars that will earn the company billions more
Russia’s IHS Markit Russia Manufacturing Purchasing Managers’ Index tumbled to 45.6 in November, down from 47.2 in October – the worst performance across the Russian manufacturing sector for over a decade.
On November 21, some of Russia’s top writers, journalists, academics, scientists and publishers gathered in Moscow for the annual “Enlightenment Prize”. The purpose of the annual Prize is to support Russian scientists and science journalists
Belarus and Russia are a step closer to forming a single market, based on the same principles as the European Union, after Belarus' President Alexander Lukashenko and Russian President Vladimir Putin signed an integration deal.
The foreign share of investors into the Russian Ministry of Finance ruble-denominated OFZ treasury bills reached 32% in November as foreign investors increased their holdings again to RUB2,837bn ($44.2bn) worth of the bonds.
Russia’s national airline Aeroflot reported improving third quarter results and announced that it had won two awards in the so-called travel industry Oscars for best airline brand and best business class service.
Ten workers from the GAZ car factory set off from the company’s home town of Nizhny Novgorod on a two week road trip via Belarus, Poland, Czechia and Austria to Germany to raise awareness of the company’s plight.
When the story broke it looked like a simple case of corruption. Mozambique, one of the poorest countries in the world, had taken on $2bn of secret debt to buy some patrol boats from a little know Middle Eastern arms dealer and three years later had
Time has almost run out for Russia and Ukraine to strike a new gas transit deal before the previous one expires. There are 16 days left until December 13 before it becomes impossible to reach a new agreement ahead of the expiration of the contract.
Meanwhile, head of Russian state arms exporter Rosoboronexport refers to “big plans” for military technical cooperation between Moscow and Ankara and report emerges of Turkey blocking Nato defence plan for Poland and Baltics.
Russia has become a favourite holiday spot for the newly affluent Chinese middle class, as they find it inviting and cheap.
Time is running out for the planet. Next year is a crunch year when CO2 emissions must peak if we are to avoid an ecological disaster. Nuclear power is one of the few options we have. So Rosatom is rolling out small modular reactor (SMR).
Russian Engineering and Manufacturing Company will launch the first domestically made electric car Zetta (Zero Emission Terra Transport Asset) in 2020
X5 Retail Group is turning to technology in an effort to stay ahead of the disruption Russia’s food retail market is going face as the business goes digital.
Rock bottom global interest rates have been a boon for so-called frontier-market countries, which have been able to borrow cheaply to finance their development needs. But there can be too much of a good thing
Russian natural gas giant Gazprom sold 3.59% of its quasi-treasury shares at RUB220.7 per share, making a sizable 13% discount to market. Notably, the buyer of the stake is not disclosed, making it the second mystery SPO this year in Russia's largest
In an era of cheap money property yields have been driven down more or less across the board. The significant outlier is the Russian market.
Russian state nuclear power agency Rosatom is planning a massive expansion in the maritime shipping market with an investment of up to $7bn
Without question, rising debt levels have supported global growth since the 2008 financial crisis. However, there are increasing questions about the marginal utility of further borrowing—and a lot of concern that a continued ramp-up in debt could sp