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Alexander Marrow

Russia expels two German diplomats in dispute over killing

12 Dec 2019

MOSCOW Russia on Thursday expelled two German diplomats in what it called a standard diplomatic response to a similar move by Germany last week and said it hoped a dispute over the killing of a Georgian citizen in Berlin would not damage ties further.

UPDATE 1-Rouble firms beyond 63 vs dollar ahead of central bank rate decision

12 Dec 2019

MOSCOW, Dec 12 The Russian rouble strengthened past 63 to the U.S. dollar on Thursday for the first time in five months ahead of an expected fifth key rate cut of the year by the central bank on Friday.

CORRECTED-UPDATE 1-Russia expels two German diplomats in dispute over killing

12 Dec 2019

MOSCOW, Dec 12 Russia on Thursday expelled two German diplomats in what it called a standard diplomatic response to a similar move by Germany last week and said it hoped a dispute over the killing of a Georgian citizen in Berlin would not damage ties further.

General Motors pulls out of Russian car assembly business with Avtovaz deal

09 Dec 2019

MOSCOW Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively ending GM's presence in car assembling in the country.

Report cites pilot error in 2016 Flydubai plane crash in Russia

26 Nov 2019

MOSCOW Pilot error and possible crew disorientation during bad weather at night led to the fatal 2016 crash of a Flydubai passenger jet in Russia, Russia's Interstate Aviation Committee said in a report issued on Tuesday.

Russia's dividend yields quell sanctions fears as stocks break records

22 Nov 2019

MOSCOW Russian stock indexes have comfortably outperformed their emerging market peers in 2019 and with dividend yields high and perceptions of Russian risk improving, analysts say there is every chance the stock rally can continue.

Russian parliament backs law to label individuals foreign agents

21 Nov 2019

MOSCOW Russia's lower house of parliament passed legislation on Thursday that will allow individual journalists to be labelled foreign agents, a move that critics say will tighten curbs on the media.

Further interest rate cuts by Russian central bank 'appropriate' - IMF mission

21 Nov 2019

MOSCOW Further interest rate cuts by Russia's central bank would be appropriate amid falling inflation and structural reforms are key to speeding up growth, the head of an International Monetary Fund (IMF) mission said.

Russia's Yandex proposes governance revamp to allay Kremlin fears

18 Nov 2019

MOSCOW Yandex , Russia's biggest technology company, proposed on Monday setting up a "public interest foundation" to help oversee the business and assuage Kremlin fears about potential foreign influence.

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