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Tag:

russia’s

  • Business News

    Sanctions forcing Russia’s Sberbank to close UAE office, company says

    by Reuters December 26, 2022
    by Reuters December 26, 2022

    By Alexander Marrow MOSCOW (Reuters) -Russia’s dominant lender Sberbank will be forced to close its office in the United Arab Emirates (UAE) early next year, First Deputy Chairman Alexander Vedyakhin …

  • US and World News

    Russia’s Navalny accuses authorities of using prison to break his health

    by Reuters December 26, 2022
    by Reuters December 26, 2022

    (Reuters) – Jailed Russian opposition politician Alexei Navalny said on Monday he was suffering worsening back pain from long spells in solitary confinement that he said were part of a …

  • Business News

    Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%

    by Reuters December 22, 2022
    by Reuters December 22, 2022

    MOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price cap and an …

  • Business News

    Russia’s space agency to issue bonds for satellite programme

    by Reuters December 21, 2022
    by Reuters December 21, 2022

    MOSCOW (Reuters) – Russia’s space agency will borrow up to 50 billion roubles ($710 million) in 2023 to fund a mass satellite-building programme to catch up with the United States …

  • Business News

    Russia’s Urals oil averaged $57.49/bbl in past month, below price cap

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said late on Thursday, below the …

  • Business News

    Russia’s Rosbank halts dollar, euro, dirham operations after U.S. sanctions

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    MOSCOW (Reuters) – Russian commercial lender Rosbank has halted operations in U.S. dollars, euros and dirhams, warning that some transactions could be blocked, after Washington imposed sanctions on Thursday on …

  • Business News

    Russia’s SPB Exchange plans to expand trading in Chinese shares

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    By Alexander Marrow MOSCOW (Reuters) – SPB Exchange plans to offer trading in more than 500 Hong Kong-listed Chinese shares in 2023 and expand to markets such as India, Brazil …

  • Business News

    Russia’s Magnit races to open discount stores as living standards slump

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    MOSCOW (Reuters) – Russian supermarket chain Magnit plans to continue the rapid roll-out of discount stores next year as shoppers across the country turn to cut-price options amid a recession …

  • Business News

    Moldova plans to sue Russia’s Gazprom for failure to stick to contract -deputy PM

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    (Reuters) -Moldova plans to sue Russia’s Gazprom for failing to fulfill its obligations under a contract to supply gas, Germany’s Deutsche Welle agency cited a senior official as saying on …

  • Business News

    Russia’s central bank says inflationary expectations edge down in December

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households edged lower in December to 12.1% from 12.2% in November, the central bank said in a report on …

  • Business News

    U.S. does not object to Kazakh banks using Russia’s Mir bank card

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ALMATY (Reuters) – The U.S. Treasury Department has told banks in Kazakhstan it does not object to Russians in Kazakhstan using Russia’s Mir payments cards, the Central Asian nation’s financial …

  • Business News

    U.S. does not object to Kazakh banks using Russia’s Mir bank card

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    ALMATY (Reuters) – The U.S. Treasury Department has told banks in Kazakhstan it does not object to Russians in Kazakhstan using Russia’s Mir payments cards, the Central Asian nation’s financial …

  • Business News

    Russia’s Gazprom Neft eyes steady oil refining volumes in 2023

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Olesya Astakhova OMSK, Russia (Reuters) – Gazprom Neft, the oil arm of Russian gas giant Gazprom, plans to keep its oil refining steady next year, at around 41 million …

  • US and World News

    Lawsuit against Russia’s Wagner group seeks Ukraine reparations: lawyer

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    By Dan Peleschuk KYIV (Reuters) – A lawsuit in Britain against Russian private military contractor Wagner could help Ukrainians seek reparations for alleged crimes committed during Russia’s invasion, a lawyer …

  • Business News

    Russia’s Rosneft says net income hit by assets transfer in Germany

    by Reuters December 7, 2022
    by Reuters December 7, 2022

    By Vladimir Soldatkin MOSCOW (Reuters) -Russian largest oil producer Rosneft said on Wednesday its nine-month profit was hit by the transfer of assets in Germany which took control of a …

  • Business News

    Russia’s Gazprom launches production at new Arctic gas site

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    (Reuters) – Russia’s Gazprom said on Tuesday it had started production at the Semakovskoye gas field in the Russian Arctic with gas being pumped into the country’s national supply system. …

  • Business News

    Russia’s car sales slump continues, down 61.6% y/y in November

    by Reuters December 6, 2022
    by Reuters December 6, 2022

    MOSCOW (Reuters) -Russia’s automobile market slump extended into November, the Association of European Businesses (AEB) said on Tuesday, with sales of new cars down 61.6% year-on-year, as the struggling sector …

  • Business News

    Russia’s service sector contracts for second month running – PMI

    by Reuters December 5, 2022
    by Reuters December 5, 2022

    MOSCOW (Reuters) – Conditions in Russia’s services industry declined for the second month running in November, a business survey published Monday showed, as companies continue to face pressure from Western …

  • Business News

    Russia’s more gradual economic contraction to extend into 2023: Reuters Poll

    by Reuters December 2, 2022
    by Reuters December 2, 2022

    By Alexander Marrow MOSCOW (Reuters) – Russia’s economy is set to shrink by 2.5% next year, on top of a 3% contraction in 2022, a Reuters poll suggested on Friday, …

  • Business News

    Russia’s justice ministry adds Meta to ‘extremist’ list – Kommersant

    by Reuters November 25, 2022
    by Reuters November 25, 2022

    (Reuters) – Russia’s justice ministry added Facebook-owner Meta Platforms to its register of extremist organisations on Friday, the Kommersant newspaper reported. A Russian court earlier this year ruled Meta had …

  • US and World News

    Bordering Georgia’s breakaway regions, villagers fear Russia’s next steps

    by Reuters November 24, 2022
    by Reuters November 24, 2022

    By Daro Sulakauri KHURVALETI, Georgia (Reuters) – For displaced villagers living near the border of Georgia’s breakaway region of South Ossetia, the war in Ukraine has brought back terrifying memories …

  • Business News

    Analysis-Surge in Russia’s defence and security spending means cuts for schools and hospitals in 2023

    by Reuters November 22, 2022
    by Reuters November 22, 2022

    By Darya Korsunskaya (Reuters) – Russia plans to spend nearly a third of next year’s budget on defence and domestic security while slashing funding for schools, hospitals and roads as …

  • Business News

    Analysis-Surge in Russia’s defence and security spending means cuts for schools and hospitals in 2023

    by Reuters November 22, 2022
    by Reuters November 22, 2022

    By Darya Korsunskaya (Reuters) – Russia plans to spend nearly a third of next year’s budget on defence and domestic security while slashing funding for schools, hospitals and roads as …

  • US and World News

    Brittney Griner taken to penal colony in Russia’s Mordovia region – lawyers

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    (Reuters) – U.S. basketball star Brittney Griner has been taken to a penal colony in the Russian region of Mordovia, her lawyers said in a statement on Thursday. Reuters had …

  • US and World News

    Russia’s Navalny says he has been put in solitary punishment cell

    by Reuters November 17, 2022
    by Reuters November 17, 2022

    (Reuters) – Jailed Russian opposition politician Alexei Navalny on Thursday said he has been transferred to a solitary punishment cell, a development he said was clearly designed to shut him …

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