reuters.com
Amsterdam-based Nebius Group closed 5.6% higher on Monday, recovering from huge early losses when trading for the first time since February 2022, as the AI infrastructure firm's Nasdaq listing, formerly held by Yandex, often dubbed "Russia's Google", went live.
6 months ago
reuters.com
A growing chorus of Russian industrial companies and lobby groups are complaining of prohibitively high interest rates and warning that goals for infrastructure development may be missed, with the central bank bearing the brunt of the criticism.
6 months ago
reuters.com
Russian President Vladimir Putin has authorised the transfer of German airport operator Fraport's 25% stake in St Petersburg's Pulkovo Airport to an unidentified party, a decree published on Friday showed.
5 months ago
reuters.com
Activity in Russia's manufacturing sector returned to expansion in October, recovering from its first slide into contraction in more than two years, a business survey showed on Friday, boosted by a sharp uptick in new export orders.
5 months ago
reuters.com
Russian President Vladimir Putin met North Korea's foreign minister in the Kremlin on Monday at a time of mounting concern in the West that North Korean soldiers are about to enter the Ukraine war on Moscow's side.
5 months ago
reuters.com
A Moscow court on Tuesday fined U.S. technology giant Apple 3.6 million roubles ($36,889) for refusing to remove two podcasts that contained "information aimed at destabilising the political situation in Russia", the RIA news agency reported.
5 months ago
reuters.com
High interest rates in Russia are making export contracts unprofitable, Sergei Chemezov, the head of Russian state industrial conglomerate Rostec, said on Tuesday, warning of production slowdowns and bankruptcy risks.
4 months ago
reuters.com
Activity across Russia's manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work backlogs depleted and firms cut workforce numbers.
4 months ago
reuters.com
AI infrastructure firm Nebius Group on Monday said it was raising $700 million in a private placement from investors including Nvidia , Accel and some accounts managed by Orbis Investments.
4 months ago
reuters.com
Carlsberg will sell its Russian assets to two longstanding employees of Baltika Breweries, the Danish brewer said on Tuesday, after a government document seen by Reuters showed Moscow had approved the 34-billion-rouble ($320.75 million) deal.
4 months ago
reuters.com
Russian Railways, a key cog in Russia's industrial machine, may substantially cut its spending next year by around 40% compared to 2024, the Interfax news agency quoted the company's finance chief Tatiana Orlova as saying on Thursday.
4 months ago