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Articles with tag "business"

not lovin' it

Big Mac Index Counts Ruble as Most Undervalued Currency

The Russian currency lags its ideal value by a whopping 64.5%.
end of partnership

Sberbank and Yandex E-Commerce Joint Venture May End in Divorce

The state-owned bank and leading tech company are unhappy after just one year.
foreign courts

Russia Adopts Law on Enforcement of Foreign Judgements

The convention regulates the cross-border enforcement of court decisions.
Shrinking sector

Lack of New Business Pulled Down Russia's Services and Manufacturing PMIs in June

The overall economy continues to sputter and services are negatively affected by the stagnant real incomes.
Key Productivity Indicators

Russia's Government Prepares New KPI for SEO Managers

The changes seek tougher control over the implementation of President Vladimir Putin's May Decrees.
Grain supreme

Ukraine Takes 'World’s Largest Grain Exporter' Title From Russia

Thanks to a bumper 70 million tons of grain harvest, Ukraine was able to push exports up to just shy of its official target.
Shoe sale

Russian Oligarch Sells Stake in Shoe Retailer

The buyer of shares in Obuv Rossii has not been named, nor the value of the deal disclosed.
Shrinking figures

Russia’s Fixed Investments Decline in Annual Terms for Fourth Month in a Row

At the end of May 2019, only 20 percent of the spending planned for more than half of Russia's national projects had been executed.
OPEC+

Russia and Saudi Arabia Agree to Prolong OPEC+ Deal for at Least 6 Months

The decision has put Russia in the driver's seat in the 25-country coalition.
Ask the Lord

Only God Knows When my Tenure Will End, Soviet-Era Oil Baron Says

The firm, headquartered in the West Siberian city of Surgut, is considered one of the most opaque in Russia.
political motive

Russia Car Dealer Targeted by Authorities Blames Kremlin

In 2011 Sergei Petrov openly backed the biggest anti-government protests of Putin’s almost two-decade rule.
driving recovery

Russian Government to Support Local Car Market

The “First Car, Family Car” program will subsidize leases and loans.
media holding

Russian Media Group Rambler Considers Selling Shares

The listing is planned in two to three years.
Initial public offering

Russia's Yandex.Taxi Likely to Sell New Shares, Says Top Shareholder

The head of the Yandex and Uber joint venture said the company has yet to choose a stock exchange for the deal.
Sharing profits

Russia’s Dividend Season Opens as Investors Prepare for Record Payouts

Yields and cash amounts are forecast to hit an all-time high in 2019.
Unsavory tradition

Russia’s Top Auditor Kudrin Blasts Corruption in Legal System

“There are no stable rules, there’s no impartiality in … the arbitration of problematic disputes,” Kudrin said.
Gas Giant

As Rumors Swirl That Russia’s Gazprom Will Replace Its Chief, the Company’s Value Keeps Growing

The “state within a state” is now Russia’s most valuable enterprise, and investors believe fundamental change is on the cards.
Consumer debt

Central Bank of Russia Worries About Housing Bubble

Mortgage lending is booming.
Strategic partnership

Russia’s Yandex.Market Teams Up With China’s JD.com

The e-commerce deal will strengthen Yandex.Market’s cross-border exposure.
Sovereign debt

Russia Sees Sanctions Insurance in Flood of Foreign Bond Buying

Russia may sell a second Eurobond this year.
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