Arts and Life
Mothers & Daughters
Arts and Life
Western Buyers Freeze Payments for Dirty Oil in Extended Russian Outage
Trading sources say oil majors are refusing to pay until compensation is agreed.
Chinese Gas Drilling Rig Finds Deposit in Russian Arctic
The rig has found a total of 1.2 trillion cubic meters of gas in the Kara Sea.
Russian Regional Court Rules Against Detained Investor Calvey
A court in Amur has ordered the Baring Vostok fund to sell its stake in disputed Vostochny bank.
Russia and Ukraine Vie for Title of Top Grain Exporter
Both are forecast to export almost 50 million metric tons this year.
Russia Growth Spurt Stalls as Economy Undershoots Forecasts
A hike in value-added-tax has been a drag on growth.
credit bubble concerns
Russian Consumer Loans Ballooning Despite Central Bank Attempts to Cool Market
People are tired of the ascetic lifestyle.
Russian Real Estate Market Getting Back on Its Feet
Investment rose by nearly a third in the first three months of the year.
Russia on Track to Remain World’s Biggest Grain Exporter
A solid harvest would minimize inflationary pressure.
Can Russia Halve Its Poverty Level?
Some say Putin’s ambitious target was meant to light a fire under bureaucracy rather than represent an achievable goal.
Russia’s HeadHunter Lists Shares on Nasdaq
Successful placement boosts company’s valuation to $837 million.
Russia’s Nuclear Power Exports Are Booming
Rosatom has been using nuclear power plants as a way of cementing ties with its fellow emerging markets.
Russian Bank VTB is Relocating Its London Unit to Frankfurt
Sanctions and Brexit have hit the bank’s U.K. unit hard.
Oil and gas
Russian Oil Production Fell in April, While Gas Output Rose
Crude output is being driven by production cuts at integrated oil companies under the OPEC+ agreement.
Ukraine Faces a Bleak Winter as Russia Prepares to Cut Off Gas
The head of Ukraine’s state gas company Naftogaz expects deliveries to stop on January 1, 2020.
Steel Tycoon Mordashov Completes Acquisition of Supermarket Chain Lenta
Lenta minority shareholders had preferred a bid from rival retailer Magnit.
Russian Automaker AvtoVaz Makes First Profit in a Decade
Russians have rejected expensive foreign brands and returned to buying cheap locally made cars.
Purchasing managers' index
Conditions for Russian Manufacturers Improve in April
Production and client demand are growing.
Russian Job Site HeadHunter to Sell Shares on Nasdaq
The company is valued at over half a billion.
Russian Reserves Hit Highest Level Since 2014
The figure is fast approaching $500 billion.
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