Russia's consumer price index (CPI) posted a growth of 0.2% month-on-month in July, with year-on-year inflation slowing to 4.6%, according to the data of the Rosstat agency. The m/m inflation was below the consensus expectations of 0.2%. In y/y terms
Russia already has three nuclear powered icebreaker needed to navigate the icy Arctic waters but with more orders in the works two shipyards are vying to capture this lucrative business.
The results of a poll by independent pollster the Levada Center violently disagreed with a poll by the state-owned pollster, the Russian Public Opinion Research Centre (VTsIOM), on the reaction to the weekend protests over the upcoming city council
The latest US sanctions against Russia that limit the buying of Russian sovereign debt on the primary market are not only neutral for Russian sovereign debt market, but could actually support the domestic federal OFZ bonds, analysts told Reuters on A
Russian car market continued to contract in July, with the sales of new passenger cars and light commercial vehicles (LCVs) down by 2.4% to 0.14mn units. In the seven months of 2019 the sales also declined by 2.4% to 0.97mn vehicles, according to the
Russian oil and gas production climbed further in the first seven months of 2019, despite cutbacks relating to the dirty oil crisis and a recent dip in gas exports.
The emerging markets (EM) bond markets are well into their summer slowdown. There were virtually no bond issues from Russia at all in July but Central Europe saw $6.4bn of issues
We are slaves to the keyboard if we want to act with the growing range of smart devices but being able to simply talk to a virtual assistant is the technological manumission that is already a reality. Russia is on the cutting edge of development
Russian police arrested more than 800 people and quickly broke up a demonstration on August 3, apparently randomly attacking peaceful protesters as well as many innocent passersby.
Russia's National Welfare Fund (NWF) doubled in July, increasing by RUB4.105 trillion, to RUB7.868 trillion, and in dollars terms by $64.479bn, to $124.137bn, the Ministry of Finance of Russia reported on August 2.
Has the brutal beating of protestors in Moscow last weekend and the arresting of over 1,300 people—some simply innocent passersby—radicalised Muscovites? The crowd size at the sanctioned August 3 rally will be very telling.
Law requiring internet companies to keep data about their users on servers physically located in Russia breached.
Danske Bank has outlined plans to quit Russia by January next year after the Danish bank was rocked by allegations its Estonian branch was involved in a mind-boggling $230bn money laundering scandal, bne IntelliNews can reveal.
Russian internet major Mail.ru closed a long-term partnership with Chinese videogames publisher iDreamSky Technology Holdings
Russia’s manufacturing PMI continued to contract in July with the index up only slightly to 49.3 from 48.6 a month earlier, but still below the 50 no-change mark, IHS Markit reported on August 1.
Russia’s basic sector output, which represents a large share of GDP, grew by nearly 2% in June, which should mean strong economic activity in the second quarter after a disappointing first quarter. National project spending will bolster growth.
Russia’s biggest lender Sberbank has dodged the fallout of a potential no-deal Brexit by opening a branch of its Cypriot business in the heart of London, bne IntelliNews can reveal.
Emerging Travel Group, an international online travel group with Russian connections, announced it raised $10mn in a Series E funding round from Russian-Israeli tech investor Lev Leviev.
Sberbank announced the acquisition of Shiptor, a mid-sized logistics and delivery service provider on July 30, reports East-West Digital News (EWDN).