Russia Financial News

24.07 / 03:45

Provident BAY Indonesia: 15 dead, 19 still missing as ferry sinks in Sulawesi island

Also read: Stranded San Francisco-bound fliers: Air India ferry flight likely to reach Russia tomorrow Rescue and recovery efforts have been ongoing, with local authorities and the search and rescue agency working to identify the victims and provide support to their families. Survivors are receiving medical treatment at local hospitals.

24.07 / 02:55

Citi Russia says two Ukrainian drones 'suppressed and crashed' in Moscow

Russia said on Monday it had «suppressed» two Ukrainian drones in Moscow, accusing Kyiv of launching a «terrorist act» on the Russian capital. «A Kyiv regime attempt to carry out a terrorist act using two drones on objects on the territory of the city of Moscow was stopped,» Russia's defence ministry said.

24.07 / 01:55

country NATO-Ukraine Council meeting on Wednesday, likely to discuss Black Sea security

After Russia's withdrawal from a year-old grain deal, the new NATO-Ukraine Council will host a meeting on Wednesday. In the meeting, the two sides will discuss issues related to Black Sea security, said President Volodymyr Zelensky in his nightly video address on Sunday.

24.07 / 01:19

Target Action Fighting RIG rate hikes Oil rally takes a breather ahead of Fed, ECB rate hikes

By Florence Tan

23.07 / 20:47

MET Aware Platform Cooperation BRICS NSAs set to meet in South Africa from July 24 to discuss security cooperation mechanism

National Security Advisors (NSAs) of the BRICS member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats.NSA Ajit Doval is expected to meet senior Chinese diplomat Yang Jiechi on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war. Yang is a former foreign minister and special representative for boundary talks with India. It is expected that impasse at the Line of Actual Control will be the key item on the agenda for the meet, said people aware of the matter.

23.07 / 18:11

UPS Aware ExxonMobil dividend OVL’s wait for dividend from Sakhalin-1 oil field lengthens

New Delhi: With state-run ONGC Videsh Ltd (OVL) yet to get equity rights for its shares in Russian energy project Sakhalin-1, the overseas arm of Oil and Natural Gas Corp. has not received any dividend payments, two people aware of the development said. The project is India’s most lucrative energy equity investment overseas and has been a significant source of returns for ONGC since its acquisition in 2001.

23.07 / 18:11

MET Cooper country Cooperation Brics NSAs meet in South Africa to explore security cooperation

Brics member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats. It is not clear yet whether NSA Ajit Doval will meet his Chinese counterpart Wang Yi, director of the Chinese Communist Party Central Committee Foreign Affairs Commission, on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war.

23.07 / 18:11

UPS performer country Machinery exports to Russia, CIS nations up 3 times in Jun

New Delhi: Indian engineering goods exports to Russia and Commonwealth of Independent States (CIS) countries surged in June, up nearly threefold in comparison to a year earlier, according to exporters. However, goods exports to other parts of the world witnessed a slowdown, they added. The 18-month long Russia-Ukraine war has driven prices of food and fuel higher, resulting in falling demand for goods and services in the West.

23.07 / 16:23

Action country committee US Committee expresses concern over North Korea's potential demands in soldier Travis King's release

House Foreign Affairs Committee Chair, Michael McCaul, expressed his concerns on Sunday regarding the possible demands North Korea might make in exchange for releasing American soldier Travis King. Last week, King fled across the border from South Korea, leading to questions about his motives and the implications of his actions on U.S.-North Korea relations.

23.07 / 15:23

MET Remark country rock Wagner 'Wagner troops asked permission to visit Poland...': What Belarus' Lukashenko said during meet with Vladimir Putin

Russian President Vladimir Putin and his Belarusian counterpart met in St. Petersburg on Sunday - nearly after a month after the Wagner mutiny rocked Moscow. According to Alexander Lukashenko, Wagner militia fighters are now assembling en masse in Belarus and had recently asked him “for permission to go on a trip to Warsaw".

23.07 / 15:01

FIVE country end Russia and China end military exercises in Sea of Japan

Russia and China have ended their joint naval exercises in the Sea of Japan, the Russian defence ministry announced Sunday, as the two allies seek to deepen their military ties. The two massive countries, which share a common desire to counter what they see as American hegemony, have grown closer in the military sphere since Russia launched its Ukraine offensive last year, a move China has not condemned. The Russian defence ministry previously said the main goal of the latest exercises, which began on Thursday, was to «strengthen naval cooperation» between the two countries and «maintain stability and peace in the Asia-Pacific region».

23.07 / 14:55

MET FIVE Digital Progressive country social BRICS countries deeply connected through values, culture: Meenakshi Lekhi

BRICS bloc and its five countries comprising the grouping are deeply connected in terms of values, India's culture minister Meenakshi Lekhi has said. Lekhi, the Minister of State for External Affairs and Culture, met culture ministers of BRICS countries in the Mpumalanga province of South Africa on Friday ahead of the BRICS Summit in Johannesburg next month.

23.07 / 14:55

COST Citi Twitter Target Citizens Landmark Action Russian missiles damage 25 architectural monuments in Odesa, alleges Ukrainian official

Russia «deliberately aimed their missiles at the historic city center of Odesa» which is protected by the United Nations Educational, Scientific and Cultural Organisation (UNESCO), said Oleh Kiper, the head of the region's military administration. «Everything that was built with hard work by great architects is now being destroyed by cynical inhumans,» said Kiper. The largest church in the city, the Orthodox Transfiguration or Spaso-Preobrazhenskyi Cathedral, which was dedicated in 1809, is among the destroyed structures.

23.07 / 12:23

Digital CEO Platform Strategy Mercedes-Benz Centre China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche says

FRANKFURT (Reuters) — Mercedes-Benz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German magazine Automobilwoche.

23.07 / 12:23

UPS Telegram Entertainment stage country Putin hosts Belarus leader, calls Ukraine's counter-offensive a failure

By Mark Trevelyan and Felix Light

23.07 / 11:51

show performer country Latin India's machinery exports to Russia jump three-fold in a year amid war

Even as Indian goods exports to the rest of the world are slowing, engineering goods exports to Russia and other CIS countries have registered a sharp uptick, jumping nearly three times from June last year, exporters said. The Russia-Ukraine war, which entered its 18th month, has caused food and fuel prices to spike while creating a slump in demand for goods and services in the West. Indian goods exports have now declined for six consecutive months.

23.07 / 11:51

Citi Target Landmark country Inside Russian strike ‘severely damages’ historic Odesa cathedral, leaves one dead

Odesa again. The attack left their historic cathedral in shambles and one person dead. Local authorities have informed that twenty two others were wounded in the attack. According to reports citing Regional Governor Oleh Kiper, four children were wounded in the blast. The strike severely damaged the historic Transfiguration Cathedral, a landmark Orthodox cathedral in the city.

23.07 / 10:55

Remark show country surges India’s engineering exports see mixed fortunes in June; trade with Russia surges: EEPC

India’s engineering exports to major markets like the United States, the European Union (EU) and China continued to decline in June 2023, reflecting a challenging global trade environment, EEPC India said. The country’s shipments to West Asia and North Africa (WANA), North East Asia, and CIS countries, however, showed positive growth during the same period, the Engineering Exports Promotion Council of India (EEPC) said.

23.07 / 10:19

Remark show country surges India's engineering exports see mixed fortunes in June; trade with Russia surges: EEPC

India's engineering exports to major markets like the United States, the European Union (EU) and China continued to decline in June 2023, reflecting a challenging global trade environment, EEPC India said. The country's shipments to West Asia and North Africa (WANA), North East Asia, and CIS countries, however, showed positive growth during the same period, the Engineering Exports Promotion Council of India (EEPC) said. India's engineering exports declined for the third straight month in June 2023, falling 11 per cent year-on-year to USD 8.53 billion.

23.07 / 09:43

UPS Citi BLOCK Waters Landmark Southern The latest Russian strike on Ukraine's Odesa leaves 1 dead, many hurt and a cathedral badly damaged

Russia struck the Ukrainian Black Sea city of Odesa again on Sunday, local officials said, keeping up a barrage of attacks that has damaged critical port infrastructure in southern Ukraine in the past week. At least one person was killed and 22 others wounded in the attack in the early hours. Regional Governor Oleh Kiper said that four children were among those wounded in the blasts, which severely damaged the historic Transfiguration Cathedral, a landmark Orthodox cathedral in the city.

23.07 / 09:43

Telegram Entertainment Vladimir Putin hosts Alexander Lukashenko, says Ukraine counter-offensive has failed

Vladimir Putin said Ukraine's counteroffensive «has failed» as he hosted Belarusian leader Alexander Lukashenko, his close ally, for talks in St Petersburg on Sunday. «There is no counteroffensive,» Russian news agencies quoted Lukashenko as saying.Putin replied: «It exists, but it has failed.» Ukraine began its long-anticipated counter-offensive last month but has so far made only small gains against well entrenched Russian forces who control more than a sixth of its territory after nearly 17 months of war.

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