City Moscow Financial News

Finns on Sunday will choose either of two experienced politicians to be their next head of state, whose main task will be to steer the new NATO member’s foreign and security policy

NEW DELHI—Butter chicken is among India’s most famous culinary exports. The fragrant, creamy curry has been adapted into pizzas in the U.S., a poutine topping in Canada and a pie filling in Australia. There is a “World Butter Chicken Day." Now butter chicken is at the center of a saucy real-life drama roiling India.

A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy – and help the cross-border adoption of the digital ruble.

Skywalkers: A Love Story" after its debut at the Sundance Film Festival, featuring the daring exploits of Angela Nikolau and Ivan Beerkus, a couple from Moscow.

European Commission president Ursula von der Leyen warned on Friday that global disruptions and volatility are the «new normal», with more geo-economic tensions on the horizon. «2024 will be a decisive year, with more geo-economic tensions expected — from the Red Sea to the Taiwan Strait — which also means more frequent disruptions to supply chains and greater volatility on the energy markets,» she told a climate conference in Hamburg. «International competition is becoming harder. That is the new normal that we have to deal with.»

Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners.

The U.N. High Commissioner for Refugees says that he’s worried that the war in Ukraine has been forgotten as the country prepares to mark two years since Russia’s full-scale invasion

NEW DELHI : India saw a steep fall in earnings from exports of refined petroleum products in the nine months from April to December 2023 due to declining crude prices, a rise in domestic consumption, and shrinking discounts on Russian oil. According to data from the government’s Niryat portal, exports of chemicals and petroleum products stood at $59.16 billion in April-December 2023, down 12.54% from $67.64 billion in the year-ago period. In April to December 2021, India’s export value of chemicals and petroleum products amounted to $44.28 billion.

Apple has paid a Russian fine of 1.2 billion roubles ($13.65 million), imposed over the company's alleged abuse of its dominant market position concerning in-app payments, Russia's FAS antitrust agency said on Monday. Apple, which did not immediately respond to a request for comment on Monday, has previously «respectfully disagreed» with a FAS ruling that Apple's distribution of apps through its iOS operating system gave its own products a competitive advantage.

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The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.”

charter plane with six people on board disappeared from radar screens over Afghanistan a day earlier, Russian aviation authorities said on Sunday, after Afghan police said they had received reports of a crash. The plane was a charter ambulance flight travelling from Thailand's Utapao Airport in Pattaya to Moscow via India and Uzbekistan on a French-made Dassault Aviation Falcon 10 jet manufactured in 1978, Russian aviation authorities said in a statement.

KABUL/MOSCOW (Reuters) -Russia's aviation watchdog said on Sunday four people survived the crash of a charter plane bound for Moscow in northern Afghanistan, citing the Russian embassy there, and it said the condition of two other passengers on board was not yet clear.

North Korea said Sunday it has agreed to further strategic and tactical cooperation with Russia to establish a «new multi-polarised international order,» as the two countries work to build a united front in the face of their separate, intensifying tensions with the United States. In describing North Korean Foreign Minister Choe Son Hui's meetings with Russian President Vladimir Putin and Foreign Minster Sergey Lavrov in Moscow last week, the North's Foreign Ministry said Putin also reaffirmed his willingness to visit Pyongyang and said that could come at an «early date.» North Korea has been actively strengthening its ties with Russia, highlighted by leader Kim Jong Un's September visit to Russia for a summit with Putin.

Leaders of talks on Ukrainian President Volodymyr Zelenskyy’s peace formula say a growing number of countries are working to help set the groundwork for Russia to join one day

Russian authorities say that a huge fire tore through a large warehouse used by Russia's largest online retailer south of St. Petersburg

Russian version of the popular Wikipedia internet encyclopaedia, will take place on Monday, according to Russian media reports. Beta testing — a limited audience testing of the site — started in mid-2023, the daily Kommersant reported, and there were reportedly already more articles in Ruwiki than in the Russian-language segment of Wikipedia.

A Russian economist has claimed Moscow will eventually force the elderly to accept CBDC pension payments as part of the digital ruble rollout.

Volodymyr Zelenskyy's peace formula on Sunday said a growing number of countries are working to help set the groundwork for Russia to join one day, an admittedly distant goal as the nearly two-year war grinds on and neither side willing to cede ground. The fourth such meeting of national security advisers takes place in the Swiss town of Davos, where Zelenskyy is set to attend the World Economic Forum's annual meeting starting Tuesday. He will endeavor to keep up international focus on Ukraine's defense amid eroding support for Kyiv in the West and swelling distractions like conflict in the Middle East.

Russian missile attack in the early hours of Saturday, its air force said, adding that Moscow had fired some of its most fearsome hypersonic missiles. Air defences shot down Russian missiles in at least five regions across Ukraine, according to local officials from those provinces. However, no details were given on whether any targets were hit, and far less information about the attack than usual was provided by officials. Ukraine's air force warned during the attack that Russia had fired Kinzhal missiles — perhaps the hardest conventional Russian missile to shoot down, moving at several times the speed of sound. Police in the northern region of Chernihiv posted a picture of a large crater made by a downed missile. «As a result of being hit by the debris of an enemy missile, several private homes and non-residential buildings were damaged, one building was practically destroyed,» the police wrote, adding that a dog had been killed but no people were hurt.

MOSCOW (Reuters) -A huge fire tore through a warehouse belonging to one of Russia's biggest online retailers in St. Petersburg on Saturday, the Ministry of Emergency Situations said, saying firefighters had succeeded in halting it spreading further.