News
Russian Finance Ministry suggests simplifying branches’ opening for foreign banks
The draft document also stipulates lifting restrictions on banking with individuals - all the transactions and deals authorized for branches of foreign banks to be made with legal entities will be available for them.
Business in Russia
Putin sees prospects for closer defense cooperation with Africa
He recalled that first the former Soviet Union and then Russia supplied African countries with large quantities of weapons and combat vehicles, trained specialists in their production, use, and repairs, as well as military personnel.
Business in Russia
Trade growth among BRICS nations outpaces global average
According to Ryabkov, "this is simply an indication that BRICS - without being some kind of ‘magic wand’ - can truly help address challenges".
Business in Russia
Russia’s first high-speed train to be tested in 2027
The test site will be the route segment from Zelenograd to Tver.
Business in Russia
Severstal CEO expects decline in metals industry financials for 2025
The current ruble rate recognized by experts as too strong deprives Severstal of the opportunity to make economically feasible supply of steel products to international markets, Alexander Shevelev said.
Business in Russia
Weekly inflation slowed down to 0.13% in Russia
Inflation amounted to 0.2% a week earlier
Business in Russia
India started reducing Russian oil purchases
Russia continue to be the largest oil supplier to India despite West’s attempts to meddle in this cooperation, Russian Ambassador in New Delhi Denis Alipov told TASS earlier.
Business in Russia
Over 340,000 Russians visited Thailand from year start
The tourist traffic from Russia to Thailand remains stable and is slightly above the record figure of the last year, despite the overall decline of the tourist flow to the kingdom by almost 11%.
Business in Russia
L'Oreal registers six cosmetic trademarks in Russia
The trademarks were not registered until January-February 2026.
Business in Russia
Russia ready to resume air travel with US
With the mutual resumption of direct air traffic between Russia and the United States, American air carriers will have more favorable conditions, Dmitry Yadrov said.
Business in Russia