Economy & Business

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Chinese imports of Russian crude hit new record

Chinese imports of Russian crude hit new record

Shipments of Russian crude to China surged by a record 44% year-on-year in June...

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Putin slams 'irrational and amoral' EU policies

Putin slams 'irrational and amoral' EU policies

The impounding of shipments of Russian fertilizer by EU states is irrational and...

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Russia is ensuring Africa’s recovery – Comoros president 

Russia is ensuring Africa’s recovery – Comoros president 

Russia is helping Africa to solve its problems by providing investment, the chairman...

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Zara replacement struggling in Russia – media   

Zara replacement struggling in Russia – media  

A Lebanese clothing brand MAAG which has replaced Zara is reportedly considering...

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EU country braces for electricity tariff hike

EU country braces for electricity tariff hike

French households will face rising power prices as the government is set to scrap...

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New Samsung phones hit Russian market before West

New Samsung phones hit Russian market before West

The Samsung Galaxy Z Flip 5 and Fold5 smartphones appeared on sale in Russia two...

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First Chinese freight train crosses new bridge into Russia (VIDEO)

First Chinese freight train crosses new bridge into Russia...

A Chinese freight train made its maiden journey to Russia via a railway bridge over...

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Russia ready to work with Africa as an ‘equal partner’ – deputy energy minister

Russia ready to work with Africa as an ‘equal partner’...

Moscow aims to develop strong trade and economic relations with Africa based on...

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Russia poised for major nuclear expansion in Africa  

Russia poised for major nuclear expansion in Africa  

Russia has begun efforts to establish nuclear energy infrastructure across the entire...

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Foreigners told how to unfreeze assets in Russia

Foreigners told how to unfreeze assets in Russia

Foreign citizens who obtain a Russian residence permit will be able to “unfreeze”...

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Sales of Russian ice cream in Africa soar – official

Sales of Russian ice cream in Africa soar – official

African imports of Russian ice cream have surged 50% over four years, the Agroexport...

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Russia announces ‘temporary’ ban on rice exports

Russia announces ‘temporary’ ban on rice exports

Moscow has placed a temporary ban on exports of rice to protect the internal market...

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German car giant reveals major hit on sale of Russian business

German car giant reveals major hit on sale of Russian business

Volkswagen said the sales price for its Russian business division totaled €125 million...

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EU expands anti-Russia sanctions

EU expands anti-Russia sanctions

Brussels has imposed sanctions on seven Russian citizens and five entities for allegedly...

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Russia outlines priorities for development of Africa links

Russia outlines priorities for development of Africa links

Expansion of maritime logistics is necessary to cater for the growing trade between...

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Another South American nation to curb dependence on dollar

Another South American nation to curb dependence on dollar

Bolivia is turning to the Chinese yuan and the Russian ruble, cutting its dependence...