News

Price cap on Russian oil to hit EU hardest, Chinese newspaper warns
According to Boqiang Lin, Moscow is unlikely to give in to the mandate discounted price in the foreseeable future.
Business in Russia
Russian arms export portfolio stands at $50-55 bln — regulator
It is reported that supplies of weapons to Ukraine by the West are escalating the conflict further and preventing efforts to resolve the crisis.
Business in Russia
Russian Cabinet bans export of dual-purpose goods to unfriendly states
The document was posted on Tuesday and amends lists of goods banned for exports that were approved by the Cabinet in March 2022.
Business in Russia
Russia's external public debt down 5.2% in 9 months of 2022
The department noted that the volume of the domestic public debt of the Russian Federation for the reporting period decreased by 257.6 bln rubles ($4.21 bln).
Business in Russia
Putin extends agrochemical imports to Russia via all border crossings until July 1
The proposal was put forward by the Russian Agriculture Ministry in early November.
Business in Russia
Diamond-growing facility in Arkhangelsk to be built by 2024
The plant will produce 10,000 carats of synthetic diamonds a year.
Business in Russia
Finance Ministry mulls options to exchange frozen assets of foreign and Russian investors
It is reported that as part of the consideration of options for its solution, it is necessary to verify the volume of frozen assets and obtain appropriate confirmations in order to ensure that the interests of Russian and foreign investors are observed.
Business in Russia
Wage arrears in Russia down 6.2% as of November 1
The overall debts moved down by 6.2% or by 58.9 mln rubles ($0.97 mln) against the level as at October 1, 2022, the statistical service says.
Business in Russia
Rosatom continues supplies of nuclear fuel, enriched uranium to Europe, US
Kirill Komarov, First Deputy General Director of Rosatom, declared that it is unacceptable to endanger the nuclear fuel cycle zone.
Business in Russia
Share of renewables globally to soar 7.5-fold by 2050, says Russian subsoil use agency
The energy sector will be ensured mainly by traditional fuel types in the short-and mid-term perspective, the head of the agency said.
Business in Russia