RUSSIA

Russian gas production forecast to soar
Business

Russian gas production forecast to soar

The country aims to boost annual LNG output levels to at least 100 million tons by 2030 © Sputnik / Vitaly…
Japanese car industry losing billions over Russia export ban – Reuters
Business

Japanese car industry losing billions over Russia export ban – Reuters

Tokyo has added used vehicles to its automobile ban in line with G7 sanctions Used cars unloaded at the commercial…
Ruble returns to landmark US dollar rate
Business

Ruble returns to landmark US dollar rate

The weakening of the Russian currency is being attributed to changes in the trade balance and strong demand for foreign…
Ruble exchange rate to dollar doesn’t matter – Kremlin
Business

Ruble exchange rate to dollar doesn’t matter – Kremlin

Measuring up to other currencies is a “remnant of the past,” Dmitry Peskov has said ©  Getty Images / Max…
Russia to make it harder for foreign companies to leave – Izvestia
Business

Russia to make it harder for foreign companies to leave – Izvestia

Departing firms will need to contribute 15% of the value of their business sale to the country’s budget, the newspaper…
Beer giant terminates license agreements in Russia
Business

Beer giant terminates license agreements in Russia

Carlsberg’s business in the country was previously placed under temporary management © Getty Images / ultramarinfoto Carlsberg Group announced on Tuesday…
Russia not complying with Western oil price cap – deputy PM 
Business

Russia not complying with Western oil price cap – deputy PM 

The country’s crude is being sold at market prices, Aleksandr Novak has said   FILE PHOTO: An oil pumpjack operated…
Russian oil exports jump 24% in just a week – Bloomberg
Business

Russian oil exports jump 24% in just a week – Bloomberg

Crude flows on average were roughly 3.3 million barrels a day for the past four weeks, tanker-tracking data shows © Sputnik…
Saudi Arabia and Russia extend oil supply cuts
Business

Saudi Arabia and Russia extend oil supply cuts

The move by the OPEC+ leaders is aimed at rebalancing the market ©  Getty Images / bymuratdeniz Saudi Arabia and…
Russia’s e-visa scheme drives sharp increase in tourist bookings
Business

Russia’s e-visa scheme drives sharp increase in tourist bookings

The service was launched this month to simplify travel for citizens of 55 countries © Getty Images / EyesWideOpen / Contributor…
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