A new leak of millions of documents dubbed the Pandora Papers has revealed more details of the use of offshore companies by the elite of New Europe, detailing their ownership of hundreds of millions of dollars of assets.
SEB’s latest Green Bonds Report has placed a price of $4 trillion per year on the energy transition if the world is to reach net zero by 2050.
Soaring oil prices touched $80 per barrel last week and are up 20% in the last month and 50% since the start of the year, but they have had very little effect on the ruble.
Russia’s headline seasonally adjusted IHS Markit Russia Manufacturing PMI improved to 49.8 in September, up from 46.5 in August, signalling only a fractional deterioration in the health of the Russian manufacturing sector.
It meanwhile emerges that US is in talks on using Central Asian bases for over-the-horizon counter-terrorism operations in Taliban-controlled nation.
The international digital transformation and cybersecurity solution and service provider has announced that it plans to list on the London Stock Exchange.
Since the start of this year the number of Russians that believe it is a bad time to increase savings has grown, according to a recent survey by independent pollster the Levada Center.
In September Russian President Vladimir Putin's personal approval rating remained in the same band as it has in recent years, improving slightly from 61% to 64%, according to independent pollster the Levada Center.
The profits of Russian corporate profits soared in July, the last month of available data, rising to RUB2,767bn ($38.6bn), more than twice as much as the RUB1,061bn that companies earned in the same month a year earlier.
Dushanbe has irked the Taliban by offering a haven to its foes.
Turkish president may be trying to force Washington to cut his regime some slack. Biden ambassador nominee for Ankara has said he will push Turkey to “live up to its status as a Nato ally”.
Mercury Retail Group, the owner of Russia's Red & White and Bristol food chains, is focusing on its ultra-convenience store format as it continues expansion of what is already Russia's third-largest store-network by sales.
Local IT experts say the plan ignores their talents and risks handing sensitive data to Russia.
Global hydro capacity needs to double by 2050 if water-based power is to make a meaningful contribution in the race to net zero, IRENA director-general Francesco La Camera has warned
Car-sharing businesses worldwide will likely be looking to Moscow in the coming years for tips, as the Russian capital has built up the largest fleet globally amid increasing global competition.
The price of gas in Europe has increased dramatically in recent weeks, influenced by surging demands and insufficient production. The price of North Sea Brent crude approached the level of $80 per barrel for the first time in three years.
In preparation for the 2022-24 Russian federal budget, the Ministry of Economic Development has released new predictions for macroeconomic indicators from 2021-24, BMB Russia reports.
The sector's net profit in August amounted to RUB244bn with a return on capital of 26% in annual terms. The profits were 7% more than the July result of RUB229bn.
The inflation of Russian consumer prices has soared to uncomfortable highs, but those of producer prices have grown even faster, although the pace of growth has slowed somewhat in the last two months.
One of Russia’s leading privately owned insurance companies, Renaissance Insurance Group, has announced that it will IPO on Moscow Exchange (MOEX), the company said on September 27.