Russia Financial News

29.12 / 23:52

Cooper Progressive Fighting economy President country information In Moscow to meet Putin and Lavrov, India's foreign minister praises growing trade

India’s foreign minister has met with Russian President Vladimir Putin, who said relations between the countries are progressing even amid turbulent times

29.12 / 16:52

Reuters economy President show country reports Russian economy shrank by 1.2% in 2022, less than previously thought - stats service

MOSCOW (Reuters) — Russia's economy contracted by 1.2% last year, less than the 2.1% decline previously estimated, the state statistics service Rosstat said on Friday.

29.12 / 15:55

FIVE Continental President country gatherings BRICS to Grow as Saudi, Iran, UAE, Egypt, Ethiopia Join Ranks

(Bloomberg) — Membership of the BRICS group of emerging-market nations is set to double, with Saudi Arabia, Iran, the United Arab Emirates, Ethiopia and Egypt to join its ranks on Jan. 1, South Africa’s envoy to the bloc said.

29.12 / 12:50

Target 2024 Russia's Avtovaz to increase car production to 500,000 in 2024

MOSCOW (Reuters) — Russia's state-run carmaker Avtovaz said on Thursday it plans to increase production of its Lada-brand cars to 500,000 next year after targets for 2023 were hit by U.S. sanctions.

29.12 / 10:23

Provident Target Telegram Fighting show country Russia fires 122 missiles and 36 drones in what Ukraine calls the biggest aerial barrage of the war

Russia launched 122 missiles and 36 drones against Ukrainian targets, officials said Friday, killing at least 13 civilians in what an air force official said was the biggest aerial barrage of the 22-month war. The Ukrainian air force intercepted 87 of the missiles and 27 of the Shahed-type drones overnight, Ukraine's military chief Valerii Zaluzhnyi said. Air Force commander Mykola Oleshchuk wrote on his official Telegram channel: «The most massive aerial attack» since Russia's full-scale invasion in February 2022.

29.12 / 08:29

Provident Digital economy Remark country reports International EAM S Jaishankar stresses developing international relations with ‘Indian characteristics’

External Affairs Minister S Jaishankar on Thursday emphasized the need to shape international relations with Indian characteristics. He highlighted that his "major preoccupation" is to dedicate more time to exploring India's reservoir of culture and knowledge.

29.12 / 05:06

Provident Cooper CEO Enterprise country Latin gatherings Russian-Indian projects in mining, shipbuilding, gas chemistry, logistics, and pharma being finalised: SPIEF’s Alexey Valkov

SPIEF says its June 2023 event in St. Petersburg (Russia) witnessed 900 investment agreements worth about $47.6 billion, and 43 agreements between Russian and foreign businesses. Amidst global economic upheavals, SPIEF has been spearheading alliance building/ fostering alliances between Russia and its trade partners, including India.

28.12 / 19:03

Waters economy Remark consequences innovations shock sanitizer Political outcomes aren’t likely to impact the economy all that much

With 2024 around the corner, it is a good time to take stock of the prevailing political uncertainties around the world and their possible economic consequences. It is a vast subject. In this short column, I will touch on only a few key political fault-lines and share some speculations on their possible economic consequences.

28.12 / 18:32

IPO Reuters Platform stage 2024 Russian tech company Arenadata plans to hold IPO in 2024

Arenadata, a Russian developer of data collection and storage platforms, intends to launch an initial public offering (IPO) on the Moscow Exchange in 2024, three sources in the Russian financial market told Reuters. The company later said that it was considering an IPO, among various options, but gave no timeline.

28.12 / 15:26

Remark Tesla track 2023's Wealth Chronicles: 'Global Billionaires' fortunes swell in 2023 amid economic shifts

tech magnates like Elon Musk and Mark Zuckerberg to oligarchs weathering sanctions, have seen their fortunes flourish. According to Bloomberg's tracking of the top 500 billionaires worldwide, a majority witnessed substantial wealth growth, with 77% experiencing unprecedented increases in their net worth. Despite 12 of the top 50 wealthiest individuals facing monetary setbacks, the remaining elites amassed staggering wealth, albeit not factoring in inflation adjustments.

28.12 / 15:14

Reuters Career Action President Celebrity rapper Russian rapper sentenced to 15-day prison after backlash over ‘almost-naked’ party; Vladimir Putin reacts

advertising contracts terminated. Apart from the legal action they are about to face, the celebrities are up for a big hit to their careers.

28.12 / 15:11

Provident BLOCK Fighting country us sanctions US sanctions aid for Ukraine, but this tranche may be the last…

Volodymyr Zelensky, the Joe Biden-led United States administration sanctioned military aid for the war torn country. However, this could be the ‘last’ aid the western country has available without fresh approval from US Congress, where talks have stalled. The latest tranche from the US for the includes air defence, artillery and small arms ammunition, and anti-tank weapons.

28.12 / 13:11

Remark Southern Healthcare country exclusive India-Russia trade to exceed 50 bn USD this year: Denis Manturov

economic ties with India, while meeting the country’s top diplomat, currently on a five-day visit to Moscow and St. Petersburg. Industry and Trade Minister Denis Manturov told External Affairs Minister S Jaishankar that despite the challenges faced by both countries, economic ties are developing rapidly. “There is no doubt that Russian-Indian trade will exceed the significant milestone of $50 billion by the end of this year, and set a new historical maximum,” Manturov remarked.

28.12 / 11:17

CEO Strategy economy Pool BlackRock President 2024 Investment Opportunities 'No-hydrocarbon world is dreamland:' AIMCo CEO Evan Siddall on investment opportunities in 2024

Pensions plans made the political headlines in 2023 like seldom before, from Alberta’s threat to pull out of the Canada Pension Plan with more than half of the fund’s assets to Ottawa’s desire, stated in the fall fiscal update, to have the globetrotting trillion-dollar asset managers invest more at home. The Financial Post spoke to Alberta Investment Management Corp. chief executive Evan Siddall about these issues, geopolitics and how AIMCo is evolving its investment strategy for 2024 and beyond. This interview has been edited and condensed for space.

28.12 / 08:54

Provident Support Russian rouble firms vs dollar, euro amid tax support

MOSCOW (Reuters) — The Russian rouble firmed against the U.S. dollar and euro on Thursday, receiving support from month-end corporate taxes.

28.12 / 03:39

Cooper Progressive Align President information reports ‘PM Modi willing to do his utmost to resolve Russia-Ukraine issue by peaceful means,’ says Putin | 10 points

External Affairs Minister S Jaishankar on Wednesday held a meeting with Russian President Vladimir Putin in Moscow. Russian Foreign Minister Sergey Lavrov and Indian Ambassador to Russia Pavan Kapoor were present at the meeting. Jaishankar is currently undertaking a five-day visit to Russia from December 25 to 29, as part of the ongoing series of high-level engagements between the two nations.

28.12 / 02:06

Cooper Progressive Align Remark President information Modi 'willing to do his utmost' to resolve Russia-Ukraine issue by 'peaceful means,' says Putin

Prime Minister Narendra Modi is «willing to do his utmost» to address the Russia-Ukraine issue through «peaceful means». Putin's remarks came during a meeting with External Affairs Minister (EAM) S Jaishankar at the Kremlin on Wednesday.

27.12 / 19:40

CEO President country Inside Basmati prices cool at home as a restive Red Sea hurts exports

basmati rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines' decision to avoid the Suez Canal route amid Houthi attacks has also impacted sunflower oil imports from Russia and Ukraine. Sunflower oil prices in the local market are likely to go up by 3-4% as international prices have increased by $30 per tonne in the last one week to $940 per tonne, trade insiders said.

27.12 / 17:54

Cooper Ball economy country Moscow, still one of New Delhi's allies

Russia has an interesting place in India's foreign policy game plan. As foreign minister S Jaishankar said on Tuesday during his five-day visit to Moscow, geopolitics and strategic convergence will always keep the bilateral ties on a positive trajectory. On Wednesday, Jaishankar and his Russian counterpart Sergey Lavrov walked the talk as the two sides agreed on the expansion of Russian hydrocarbon exports to India and cooperation in nuclear energy.

27.12 / 17:53

Aware Adventure Marvell stage voice dance View: Enter the fourth circle of leadership

3 Circles and ghostly 4th Conventionally, leadership development involves three concentric circles: Leading self. Leading people. Leading business. These are like Russian matryoshka dolls, each important and neatly fitting into the next. For long, these have been the universal standard in a field famous for practitioners having their own. Yet, from beyond the mist, the silhouette of a fourth circle seems to be upon us like a ghost ship nearing visibility: leading the world. At first glance, this notion seems laughable — 'Leading the world? Seriously?' The hesitation to embrace this fourth dimension stems from the arduous journey through the initial trio, rendering the fourth seemingly unreachable.

27.12 / 17:52

2024 Let's gatecrash the hottest club of 2024

Berghain in Berlin, or Output in NYC, or Zouk in Singapore. It's the grandfatherly sounding North Atlantic Treaty Organisation that is, almost 75 years after being founded, trending and trending hard as #Nato. Marx — of the Groucho variety — had famously said that he refused to join any club that would have him as a member.

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