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Russian Business and Law News


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29.04.2014 23:54

On Monday, April 28, the United States introduced sanctions against seven individual Russians and 17 Russian companies, White House Press Secretary Jay Carney said.


23.04.2014 14:47

Russia may face a technical recession in the second and third quarters, admits a government official.


22.04.2014 17:11

VKontakte founder Pavel Durov left Russia because the country is incompatible with Internet business at the moment. Durov plans to start building a mobile social network this year.


18.04.2014 16:13

Borrowing costs have surged for Russian companies amid the ongoing crisis in Ukraine, one of many consequences of the Kremlins move to incorporate Crimea.


18.04.2014 15:54

The Russian stock exchange has grown on the news of the positive outcome of the Geneva talks on the Ukraine crisis. According to the RBC Daily, MICEX was up 2.19 percent, reaching 1,358.84 points, RTS climbed 2.64 percent to 1,203.53 points.


14.04.2014 10:07

The Chairman of VTB Group, Russias second-biggest lender, has accused the UK regulator of mounting increasing pressure on its London unit.


14.04.2014 08:52

Crimean authorities consider cutting the period of double currencies due to the default risks in Ukraine, said the regions vice-premier Rustam Temirgaliev.


13.04.2014 16:31

The US is eyeing action against Russias gas giant Gazprom in case it falls through with the plans to buy Crimeas natural gas company. To thwart the potential deal, the US has imposed sanctions against the Crimea-based Chernomorneftegaz.


13.04.2014 10:22

The Russian government wants big companies to move to the Far East in a move to develop the remote region.


12.04.2014 21:11

Gennady Timchenko, a former Gunvor co-owner and alleged close friend of the Russian president, has confessed he had moved his funds back into Russia ahead of the sanctions.


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