Russian Business Press, in English
374 briefs
Brent Crude Climbs Above $84 as Hormuz Standoff Keeps Markets on Edge
Oil futures rose Monday as talks over the Strait of Hormuz navigation remain uncertain, with Iran demanding US compensat...
Kazakhstan Reroutes Oil to Atyrau-Samara and China After CPC Terminal Attacks
Drone strikes on tankers at the Caspian Pipeline Consortium’s Black Sea terminal forced Kazakhstan to divert crude flows...
Oil Edges Higher After 5% Surge as Iran-US Standoff Keeps Hormuz Jitters Alive
Brent hovered near $87.8 a barrel in early Tuesday trading, adding to Monday’s sharp gains, as clashing demands between ...
Russian Stocks Edge Up on Hopes of US Envoys Visit to Moscow
The MOEX Russia Index rose 0.68% Monday as reports that Steve Witkoff and Jared Kushner may travel to Moscow for Ukraine...
Russian Authorities Bust $2M/Day Crypto Laundering Ring in Moscow-City
Russian financial intelligence and security services dismantled a network of illegal crypto exchanges with daily turnove...
Great Wall's Tank 400 Hybrid Debuts in Russia at 7 Million Rubles
Chinese automaker Great Wall Motor has launched the hybrid version of its Tank 400 SUV in Russia, priced at 6.999 millio...
Russia's Record Cash Demand: Digital Fears and Tax Shifts Fuel a 643 Billion Ruble July Surge
Cash in Russian circulation jumped by a record 643.4 billion rubles in July, pushing the liquidity deficit to a three-ye...
Russia's Parallel Imports Steady at $1.7 Billion a Month, List Unchanged — Official
Deputy Trade Minister Roman Chekushov says monthly parallel imports into Russia have stabilized at $1.7 billion, with no...
Sellers Seek Tax Relief After Drone Attacks Hit Wildberries Hubs
E-commerce vendors hit by drone strikes on Wildberries warehouses ask for deferrals on taxes and social contributions. M...
Russia's Telecom Regulator Seeks to Lock Down M2M SIM Cards to Stop Fraud
Russia's Ministry of Digital Development has proposed a decree that would force companies to register M2M SIMs on the Go...
AI Model Generates Entirely New Viruses, Opening Medical Promise and Biosecurity Fears
Stanford and Arc Institute researchers trained an AI model on 9 trillion nucleotides, then produced functional viruses n...
Gold Surges 2.7% to $4,415 After Weak US Payrolls Erode Rate Hike Bets
A sharp drop in US employment growth sent gold and silver soaring on Friday, with bullion heading for its best weekly ga...
Ruble Weakens Against Yuan on Moscow Exchange, Weekly Loss Hits 51 Kopecks
The Chinese currency rose to 12.24 rubles on Friday, marking a 0.51 ruble gain over the week as demand for yuan persiste...
Oil Climbs 1% but Weekly Rout Exposes Hormuz Deal Anxiety
Brent and WTI edged higher on Friday but remained on track for a second straight weekly decline of over 7% as traders wa...
Zaluzhny Breaks Kyiv’s NATO Illusion, Declares Membership Impossible
Former Ukrainian commander Valeriy Zaluzhny publicly stated that Ukraine will never join NATO, directly contradicting th...
Yuan Hits Five-Month High as Russia's Finance Ministry Ramps Up FX Purchases
The Chinese yuan surged to 12.25 rubles, the strongest since March, after the Russian Finance Ministry unexpectedly incr...
Russia's Health Ministry Recommends 9 New Drugs for Vital List, Only 4 Made Locally
The proposal seeks to expand state-funded access to cancer, rare disease and diabetes treatments, with most therapies su...
Moscow Metro Modernization Fuels Russia's Transport Engineering Industry
Massive fleet renewal orders from the Russian capital are building a nationwide supply chain and pushing automation, May...
Russian Meat Prices Climb: Beef Up 15.6%, Chicken Follows as Costs Bite
Rising feed, logistics, disease, and seasonal demand are pushing up beef, chicken, and pork prices across Russia. Expert...
US Dairy Farmer 'Jolly Milkman' Faces Deportation From Russia After 30 Years
Justas Walker, the American farmer who became an internet sensation for his humorous take on Russian food sanctions, say...
Maxim Galkin Craves Russian Dishes, Updates Backstage Rider for Overseas Shows
Singer and TV host Maxim Galkin, now designated a foreign agent in Russia, has inserted classic Russian comfort foods li...
Von der Leyen Backs US Senate's Russia Sanctions Bill as Kremlin Slams 'Illegal' Measures
European Commission chief hails transatlantic unity on sanctions, while Senator Rand Paul warns the secondary tariff pla...
Sevastopol Governor Reports 35 Ukrainian Drones Shot Down, Minimal Damage
Two waves of drone attacks on August 8 were repelled by air defenses and aviation, with debris causing minor damage to h...
FSB Arrests Three Teenagers Over Planned Attack on Russian National Guard Facility
Russia's domestic intelligence service says three minors in Primorsky Krai gathered intelligence on law enforcement offi...
Russian White Sugar Exchange Trading Volumes Jump Over 20-Fold Since 2017
Spot volumes on the Russian sugar exchange exceeded 90,000 tonnes this year, up from a cautious start in 2017, as the FA...
A Month of Black Sea Disruption: How Port Attacks Are Reshaping Global Wheat and Edible Oil Trade
Sustained attacks on Black Sea and Azov ports are slashing grain exports from Russia and Ukraine, driving up wheat and s...
Russia Weighs Unprecedented E-Commerce Support After Wildberries Logistics Attacks
Deputy Trade Minister says government is reviewing seller requests for tax payment deferrals following attacks on Wildbe...
China Trade Boom Lifts Mainland Stocks, While KOSPI Slumps for a Seventh Week
Asian markets ended mixed on Friday as a blowout July trade report propelled Shanghai and Shenzhen indices higher, but S...
Return to Office Surge: The Real Reasons Behind the Shift — and the High-Stakes Trade-Offs
Five years after remote work seemed the new normal, Moscow’s offices are filling again. An HR expert explains why the pe...
Russia Moves to Ban Mixed Lots in State Electronics Procurement, Shielding Domestic Makers
A draft government decree would stop state buyers from bundling electronics with and without Russian equivalents in a si...
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