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Business

Venture Capital

Russian Investments in Foreign Startups More Than Double in First Half of 2019

The figure is 3.5 times higher than the $248 million of Russian investments into the Russian market.
Nord Stream

ECJ's Opal Ruling Will Affect Three-Way Gas Talks, Says Russian Energy Minister

The minister also said OPEC and non-OPEC countries did not discuss the possibility of a further extension of their output cut deal.
Zero Net

Russia's Net Public Debt Falls to Zero

Despite low oil prices, Russia Inc. is accumulating money quickly again as it has become a lot more profitable than it was in the noughties.
fast growth

Ozon Battling It Out for E-Commerce Supremacy in Russia

The race is on to capture as many loyal customers as possible.
diamonds are forever

Russia's Alrosa Seeks to Brighten up Its Fluorescent Diamond Sales

Diamond miners are seeking new approaches to battle falling demand.
market analysis

Where is Russia’s Stock Market Headed This Year?

The outlook is hazy and investors are looking at a few names rather than the market as a whole.
'serious interest'

VTB in Talks With China on EN+ Investment – FT

Commodities and energy giant EN+ was under U.S. sanctions for the second half of last year.
gold reserves

Russia’s Massive Gold Stash Is Now Worth More Than $100Bln

Russia’s central bank has been the largest buyer of gold in the past few years as President Putin seeks to break reliance on the U.S. dollar.
driving markets

Russian Car Sales Fall in August

Conditions may improve later in the year due to a government support program.
Rate Cut

Russia’s Central Bank Cuts Key Rate to 7%

The bank said it might lower rates again at its next review meeting in October.
Arctic Gas

Novatek Greenlights $21 Billion Russian Arctic LNG 2 Plant

The company is seeking to tap booming demand for LNG, especially in China, India and across developing countries.
Geopolitical clout

Putin Reaps Political Gains From OPEC+ But Economic Boost Wanes

For a third year, Russian oil companies are curbing output and scaling back investment in new projects.
State Debt

Russia to Rethink Currency It Borrows Due to U.S. Sanctions

Still, Russia is likely to keep its external borrowing plan for 2020 at $3 billion.
Oil Relations

Saudi Shake-Up Won't Affect Moscow-Riyadh Cooperation

Global pact to support oil prices by curbing output won't be impacted by Saudi leadership changes, officials say.
Far East

Chinese Invest in New Gas Project in Russian Far East

The project in the Khabarovsk region will cost an estimated $11.1 billion.
Online Boom

Russian E-Commerce Market Grows by 26%

Russians have embraced e-commerce, which is growing ten-times faster than the real economy and traditional retail.
be prepared

Isolationism Is Shielding Russia From Potential Global Market Meltdown

Sanctions are acting as a buffer, but the country is sacrificing growth for stability.
business climate

Russian Court Orders Seizure of Stake in Bank in Dispute With Baring Vostok

The case against investor Michael Calvey and other Baring Vostok executives has rattled the Russian investment community.
Arctic push

Novatek Gets Multi-Billion Ruble Tax Break for Arctic Gas Terminal

President Vladimir Putin is prioritizing tax incentives and other benefits to encourage companies to develop the Arctic region. 
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