Articles with tag "business"

disappointing statistics

Russia Growth Spurt Stalls as Economy Undershoots Forecasts

A hike in value-added-tax has been a drag on growth.
Business feature

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.
Share sale

Russia’s HeadHunter Lists Shares on Nasdaq

Successful placement boosts company’s valuation to $837 million.
leaving london

Russian Bank VTB is Relocating Its London Unit to Frankfurt

Sanctions and Brexit have hit the bank’s U.K. unit hard.
state share

Russian Watchdog Warns State’s Role in Economy is Growing

The new trends are evident at both federal and regional levels.
Lenta deal

Steel Tycoon Mordashov Completes Acquisition of Supermarket Chain Lenta

Lenta minority shareholders had preferred a bid from rival retailer Magnit.
Business feature

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.
Share sale

Russian Job Site HeadHunter to Sell Shares on Nasdaq

The company is valued at over half a billion.
Full coffers

Russian Reserves Hit Highest Level Since 2014

The figure is fast approaching $500 billion.
Stable rate

Russia’s Central Bank Keeps Key Interest Rate at 7.75 Percent

The bank also said it might lower the rate in the coming months.
No IPO

Russia’s Biggest Grain Freight Transporter Postpones Share Sale

RusTransCom was planning to list on the London Stock Exchange.
Burger shares

Russian Fast Food Operator Burger Rus Plans Share Sale

The company runs the Burger King chain in Russia.
Interest rates

Russia’s Central Bank Could Cut Rates Again, Analysts Say

Inflation has been lower than expected.
In-flight service

Top Airline Officials to Meet at Russia’s Skyservice International Forum

Discussions will focus on profitability and catering.
Cash strapped

Russians’ Disposable Incomes Are Falling

Quality of life is deteriorating for ordinary people.
Sber ecosystem

Russia’s Sberbank Eyes Media Group Rambler

Sberbank has also registered a trademark that would make it a one-stop shop.
Investor interest

Russia’s Latest Bond Auction Sets New Record

Demand for treasury bills is a barometer of foreign investors’ sentiment toward Russia.
news

Mir Card Payment System Looks Beyond Russia

Russia is hoping to introduce its cards, known as Mir cards, to foreign markets where Russian nationals live and travel.
New boss

Moscow Exchange Chief Steps Down a Year Early

Bourse vows to stay on positive course.
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