Business

Starting September 1, Russia will adjust its export duty on crude oil, raising it by 4.5 dollars per ton to a total of 21.4 dollars. This move…

Yandex Market has implemented a strategy to ensure that original seller content stays distinct from competing listings. Starting August 15,…

Representatives of small and medium enterprises in Russia are navigating the consequences of the Central Bank of Russia raising the key rate.…

The Bank of Russia announced an immediate increase in the key rate to 12 percent in response to rising inflationary pressures and to safeguard…

Increasing the key rate to 12% per year is seen as a temporary measure that can stabilize the current imbalance until markets find a new…

Ruble Faces Pressure as Central Bank Hikes Rate to 12 Percent The ruble weakened against the dollar and euro after the Central Bank of the…

In Russia’s retail sector, cognac sales from January through July 2023 rose by 10.4 percent compared with the same period a year…

The recent decision by the Bank of Russia to lift the key rate from 8.5% to 12% clearly mirrors the current state of the financial market. In…

United Aircraft Corporation (UAC) is signaling a potential shift in its manufacturing footprint by exploring the possibility of starting SSJ…

European Gas Markets React to Heat, LNG Uncertainty, and Global Supply Risks Gas prices across Europe surged this week as unusually hot August…