News
Russian oil supplies to China up 16.6% in January-April — customs
Russia is still the largest oil supplier to the People’s Republic of China followed by Saudi Arabia and Iraq.
Business in Russia
Multipolar world a dominating issue at Kazan Forum — senator
"As long as the world is unipolar, this world will be extremely unstable, this world will continually generate threats," Konstantin Kosachev said.
Business in Russia
Oil and gas revenues of Russian federal budget up 82% in January-April — finance ministry
Oil and gas revenues were at a level exceeding their base amount, and in accordance with parameters of the social and economic development outlook a stable excess of oil and gas revenues over their base amount is also expected in coming months, the ministry noted.
Business in Russia
Russia’s ice cream production rises by 12% to 110 mln kg in Q1
In comparison with the previous quarter, when 66 mln kilograms were produced, the production of ice cream for January-March 2024 increased by 66%.
Business in Russia
Russia may temporary authorize gasoline exports
The Russian gasoline market is oversaturated at the moment, acting deputy prime minister Alexander Novak said.
Business in Russia
Russian services PMI index down to 50.5 points in April
The PMI value above 50 points is indicative of the business activity growth and the value below that level flags its slowdown.
Business in Russia
Russia adds over 1 mln tons of grain to intervention fund
Russian Agriculture Minister Dmitry Patrushev said earlier that the ministry planned purchasing interventions on the grain market in the volume of up to 2 mln tons, adding that global grain prices and high yield expectations put pressure on domestic grain prices.
Business in Russia
Gas supply by Gazprom for Europe through Ukraine totals 42.4 mcm via Sudzha
The nomination for the Sokhranovka gas pumping station has been rejected.
Business in Russia
US authorizes energy-related transactions with Russian banks until November 1
According to the document, the banks in question include the Central Bank of Russia, VTB, Alfa Bank, Sberbank, Vneshekonombank, Otkrytiye, Sovkombank, Rosbank, Zenit and Sankt-Peterburg.
Business in Russia
Russian international reserves up $2.5 bln in one week exceeding $603.2 bln — Central Bank
Russia’s international reserves are highly liquid foreign assets available with the Bank of Russia and the Russian government.
Business in Russia