MOSCOW – Russia’s services sector expanded in July at its fastest pace in more than a year, a business survey showed on Wednesday, as strong domestic demand outweighed slumping export …
Russian
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LONDON -The Group of Seven (G7) wealthy nations is looking at blocking the transportation of Russian oil among other options to deprive Moscow of bumper revenues amid its invasion of …
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Financial News
U.S. adds 25 Airbus planes operated by Russian airlines to export violation list
by Reutersby ReutersBy David Shepardson WASHINGTON – The U.S. Commerce Department on Tuesday will add 25 Airbus airplanes operated by Russian airlines believed to violate U.S. export controls as part of the …
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MOSCOW – Russia’s economic contraction will deepen in the third quarter of 2022, while its strong current account surplus, the key driver of the rouble’s recent rebound, will shrink in …
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Financial News
Russian rouble rebounds from more than three-week lows to strengthen
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – The rouble bounced back from more than three-week lows against the …
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Financial News
Russian jeweller Sokolov still planning IPO, location uncertain – TASS
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russian jeweller Sokolov is still planning to hold an initial public …
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Department of Justice Press Releases
Russian National Charged With Conspiring To Have U.S. Citizens Act As Illegal Agents Of The Russian Government
by DOJ Pressby DOJ PressWASHINGTON – An indictment was unsealed today in Tampa, Florida, charging a Russian national, working on behalf of the Russian government and in conjunction with the Russian Federal Security Service …
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(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russian e-commerce firm Ozon said on Friday it was tapping into …
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MOSCOW – The Russian rouble slumped to a three-week low against the dollar and euro in Moscow trade on Friday, continuing a general weakening trend as the market anticipated measures …
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Top HeadlinesUS and World News
U.S. offers reward for information on alleged Russian interference in elections
by Reutersby ReutersBy Kanishka Singh WASHINGTON – The U.S. State Department said it was offering a reward of up to $10 million for information on alleged Russian interference in American elections. “The …
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Financial News
H&M to sell Russian business to local or foreign company – ministry
by Reutersby ReutersMOSCOW – H&M, the world’s second-biggest fashion retailer, has decided to sell its assets in Russia, the Russian Ministry of Industry and Trade said on Thursday. The potential buyer could …
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Republican Senators Call For Sanctions Against Russian Oil Sales To China
Republican Senators Call For Sanctions Against Russian Oil Sales To China Jack McEvoy on July 27, 2022 Republican senators introduced a bill Tuesday aimed at sanctioning Chinese purchases of Russian …
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NEW YORK -A derivatives committee said it will meet again on Monday to resume preparations for an auction to settle credit default swaps linked to Russia’s foreign sovereign debt, according …
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Financial News
Russian economy declines 4% y/y in Q2 after 3.5% y/y increase in Q1 -econ ministry
by Reutersby ReutersMOSCOW – The Russian economy declined by 4.0% year-on-year in the second quarter of 2022 after a 3.5% rise in the previous three months, the economy ministry said on Wednesday. …
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Financial News
Russian disposable incomes drop in Q2 as economic data paints gloomy outlook
by Reutersby ReutersMOSCOW – Real disposable incomes in Russia fell 0.8% in the second quarter of 2022, preliminary data showed on Wednesday, with rising prices and restrictions linked to the conflict in …
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Top HeadlinesUS and World News
Beneath a portrait of Putin, some Ukrainians embrace Russian passports
by Reutersby ReutersKHERSON, Ukraine – As the Soviet-era melody of the Russian national anthem filled the room, a small group of Ukrainians in this city seized by Russian troops nearly five months …
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Financial News
Russian central bank looks to spread risks across banking sector – Expert magazine
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – As Russian banks contend with foreign currency and payment headaches, the …
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Top HeadlinesUS and World News
Yellen discusses price cap on Russian oil with UK’s Zahawi – U.S. Treasury
by Reutersby Reuters(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to …
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Top HeadlinesUS and World News
Britain targets Russian officials in new wave of sanctions
by Reutersby ReutersLONDON -Britain said on Tuesday it had sanctioned Kremlin-imposed officials in the Luhansk and Donetsk provinces in eastern Ukraine as well as 29 regional governors across Russia in response to …
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Financial News
Analysis-Europe’s diesel drivers bound for more Russian price pain
by Reutersby ReutersBy Rowena Edwards and Bozorgmehr Sharafedin LONDON – Diesel drivers in Europe, already contending with record high prices, are in for even more pain at the pumps compared with those …
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Russian investigator says wants new tribunal for Ukraine
by Reutersby Reuters(Reuters) – The head of Russia’s investigative committee said Moscow had charged 92 members of Ukrainian armed forces with crimes against humanity and proposed an international tribunal backed by countries …
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Top HeadlinesUS and World News
Lavrov offers reassurance over Russian grain supplies in Cairo visit
by Reutersby ReutersCAIRO -Russia’s Foreign Minister Sergei Lavrov offered reassurances over Russian grain supplies to Egypt during a visit to Cairo on Sunday, amid uncertainty over a deal to resume Ukrainian exports …
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Top HeadlinesUS and World News
Russian oligarchs’ citizenship bids face scrutiny in Portugal
by Reutersby ReutersBy Catarina Demony LISBON – Portugal is analysing the citizenship applications of two Russian oligarchs – one of whom is under U.S. sanctions, the government said late on Friday, as …
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Financial News
Russian retail investors ask VTB to compensate them for foreign losses
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – A few dozen Russian retail investors handed in a letter to …
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FRANKFURT – Uniper will accumulate losses of 6.2 billion euros ($6.3 billion) due to reduced deliveries of Russian gas that have forced the company, which received a bailout on Friday, …