Russia Financial News

17.08 / 06:25

UPS Lowe's FIVE Reuters Speculation Rouble weakens past 95 vs dollar amid capital controls speculation

(Reuters) — The Russian rouble weakened past 95 against the dollar on Thursday, in a volatile week filled with speculation over how the authorities might stabilise the currency after a 350-basis-point rate hike seemed to have a limited effect.

17.08 / 04:45

UPS Twitter Target Strategy Fallout Actor Law firms ‘choosing to pay ransoms’ to cybercriminals

Australian law firms are choosing to pay ransoms to cybercriminals rather than deal with the potentially ruinous consequences of data being posted on the internet, according to a data security expert.

17.08 / 03:25

Progressive country Chandrayaan-3 mission nears final landing as Vikram lander set to begin separate journey today

ISRO's lunar spacecraft will break away from the propulsion module. Vikram will have to be put in the elliptical orbit and ISRo will carry out manoeuvres, helping to achieve this. According to a report by the Times of India, the manoeuvres will eventually put Vikram in an orbit where the Perilune (closest point to the Moon) is 30 km and Apolune (farthest point from Moon) is 100 km.

17.08 / 01:21

UPS Reuters Progressive Continental show country BRICS nations to meet in South Africa seeking to blunt Western dominance

BRICS leaders meet in South Africa next week to discuss how to turn a loose club of nations accounting for a quarter of the global economy into a geopolitical force that can challenge the West's dominance in world affairs. Russian President Vladimir Putin, who faces an international arrest warrant over alleged war crimes in Ukraine, will not join leaders from Brazil, India, China and South Africa amid rifts over whether to expand the bloc to include dozens of «Global South» nations queuing up to join.

16.08 / 19:51

Provident US says working to identify alternative paths for Ukraine grain exports

By Humeyra Pamuk and Daphne Psaledakis

16.08 / 19:05

Citi Target Action Battlefield US slaps sanctions on entities over alleged arms deals between North Korea, Russia

WASHINGTON (Reuters) -The United States on Wednesday imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia as Washington cracked down on those seeking to support Russia's war in Ukraine.

16.08 / 18:13

COST Lowe's show country Low UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise

The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices

16.08 / 18:13

UPS Citizens country electronic Swiss Swiss government lines up behind EU's 11th round of sanctions against Russia

Switzerland’s government has lined up with the European Union’s 11th round of sanctions against Russia over its war in Ukraine

16.08 / 18:13

COST UPS Target Fighting Southern foreign Russia hits Ukrainian grain depots again as a foreign ship tries out Kyiv's new Black Sea corridor

Officials say Russia has resumed its targeting of grain infrastructure in Ukraine’s southern Odesa region, using drones in overnight strikes on storage facilities and ports along the Danube River

16.08 / 17:13

Provident MET Progressive country Latest round of border talks with India held in 'candid and pragmatic atmosphere': China

Line of Actual Control in the Western Sector. The 19th round of China-India Corps Commander Level Meeting was held at Chushul-Moldo border meeting point on the Indian side from August 13 to 14. A joint press release issued after the two-day talks did not indicate any immediate breakthrough in the disengagement of troops in the remaining friction points.

16.08 / 16:59

UPS FIVE Cooper show country NRIs sent $112 bn home in FY23, most in 5 years

NEW DELHI : Inward foreign remittances to India grew 26% in the last financial year to $112.5 billion, clocking its highest growth in the last five years amid a rebound in economic recovery after the pandemic, showed latest data from the finance ministry. Inward foreign remittances stood at $89.1 billion in FY22, $80.2 billion in FY21, $83.2 billion in FY20, and $76.4 billion in FY19.

16.08 / 14:49

UPS FIVE SUN Racing country Moon India's Chandrayaan-3 and Russia's Luna-25: Race to Moon's south pole heats up

Chandrayaan-3 and Russia's Luna-25 gearing up for lunar landings next week, each mission holding significant implications beyond the thrilling competition in the skies. While Chandrayaan-3 plans to be the first to land on the Moon's south pole, Luna-25's swift trajectory has cast new light, say experts as anticipation builds up. The proximity, possible overlap, of their landing dates — August 21-23 for Luna-25 and August 23-24 for Chandrayaan-3 — has intensified global attention.

16.08 / 14:27

UPS Citi Mobile Dreams Highways country How Atal Bihari Vajpayee as PM pioneered policy for a new India

It was Atal Bihari Vajpayee who first dreamed of connecting the four corners of the country through highways when he was the prime minister nearly two decades ago. Vajpayee carried on the spirit of economic reforms introduced by the PV Narsimha Rao government in 1991. Regarded by some as the father of India's second-generation economic reforms, Vajpayee, whose death anniversary falls today, is remembered for several firsts.

16.08 / 14:17

BLOCK Aware country Explainer Mint Explainer: What is the battle over BRICS common currency?

international trade and finance. – Some experts have speculated that a BRICS currency may grow to challenge the dollar’s eminence in the global economy.

16.08 / 12:19

UPS FIVE Reuters RBC country Russia could reintroduce compulsory sale of FX revenues 'at any moment' -source

By Elena Fabrichnaya, Gleb Stolyarov and Anastasia Lyrchikova

16.08 / 11:17

COST Progressive Strategy country classical Ruble Russia’s Central Bank Can’t Stop Ruble Trouble

Russia’s currency crisis might not follow the classic emerging-market template: Rather than a sharp depreciation stemmed by painful interest-rate rises, we are more likely to see a slow but inexorable decline. The Bank of Russia raised borrowing costs from 8.5% to 12% Tuesday in an attempt to stop a slide in the ruble. A day earlier, $1 briefly bought as much as 102 rubles, prompting rate setters to call an emergency meeting.

16.08 / 11:17

UPS Man Citizens SPY country star Russia Has Shown Scant Interest in Prisoner Swaps for Dozens Held in US Prisons

Setbacks securing the release of Wall Street Journal reporter Evan Gershkovich and other Americans held in Russia through a trade for high-profile Russians locked up in other countries have forced U.S. officials to refocus on a deal involving Russian prisoners in U.S. custody.

16.08 / 09:51

MAIL Waters SUN Fox love Rupert Murdoch, 92, reportedly dating 66-year-old retired scientist Elena Zhukova: Daily Mail

Rupert Murdoch appears to have rekindled his romantic life, following the conclusion of his engagement to Ann Lesley Smith, a 66-year-old former police chaplain. As per the latest report from the Daily Mail, Murdoch, now 92, has entered into a new relationship with Elena Zhukova, a retired scientist. Recent sightings depict Murdoch and Zhukova, aged 66, boarding a chartered superyacht named «Christina O» over the past weekend.

16.08 / 09:21

Cyber Cyber crimes in Germany down 6.5% in 2022, federal police say

Germany — Cyber crimes in Germany fell 6.5% in 2022, federal police said on Wednesday, a notable shift after a sharp increase the previous year, though authorities said the quality of the crimes was more severe. Authorities had been on high alert for cyber attacks and related crimes in the wake of Russia's war with Ukraine.

16.08 / 09:09

Target Strategy Mobile Pool Remark audience AdCounty Media’s Kumar Saurav takes charge as chief strategic officer

Kumar Saurav will be spearheading the strategic division of the company as the chief strategic officer (CSO). Kumar joined AdCounty Media in 2018 as the global mobile business head with a vision to propel the company to worldwide recognition and nurture a culture that fosters excellence.

16.08 / 06:43

UPS Citi Waves Mobile track Poland showcases military might in a parade as war rages in neighboring Ukraine

NATO member Poland displayed its state-of-the-art weapons and defense systems at a massive military parade Tuesday, as war rages in neighboring Ukraine and ahead of parliamentary elections in two months. President Andrzej Duda, the chief commander of the armed forces, said in his opening speech that the protection of Poland's eastern border is a key element of state policy. He also noted that Poland is supporting Ukraine in its struggle against Russia's aggression of almost 18 months.

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