Edition:
United Kingdom

Andrey Ostroukh

Russia may turn to state investment to battle sluggish growth

19 Sep 2019

* Only state spending on big projects can help -cbank, economists

Russian central bank cuts key rate to 7%, says more cuts possible

06 Sep 2019

MOSCOW The Russian central bank cut its key interest rate to 7% on Friday, lowering the cost of borrowing for the third time this year, and said another rate cut was possible at one of the next three board meetings.

Russian food retailer VkusVill targets New York IPO in overseas foray

04 Sep 2019

MOSCOW VkusVill, a fast growing Russian supermarket chain, is planning an initial public offering (IPO) in New York and expansion overseas, targeting markets in Europe and China.

POLL-Russia's central bank seen cutting key rate to 7% on Friday

02 Sep 2019

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=RUCBIR%3DECI poll data

Russia likely to cut rates amid weak GDP growth, slowing inflation: Reuters poll

30 Aug 2019

MOSCOW Russia is expected to cut interest rates further amid slowing economic growth and inflation and a relatively steady rouble, provided there are no new external shocks, a monthly Reuters poll showed on Friday.

Russia stocks likely to falter this year, rebound in 2020: Reuters poll

28 Aug 2019

Russia's stock market is likely to struggle to climb higher by the end of this year, along with its global peers, but a Reuters poll of market experts foresees it gaining again in 2020.

Russia's defense-focused bank steps up gold purchases: Finance Minister

27 Aug 2019

MOSCOW Russian state lender Promsvyazbank (PSB) has stepped up gold purchases in the market, Deputy Finance Minister Alexei Moiseev said on Tuesday.

Russian pilots land plane in cornfield, earn Kremlin praise

15 Aug 2019

MOSCOW Two Russian pilots safely landed an airliner carrying 233 people in a cornfield outside Moscow after striking a flock of birds, prompting the Kremlin to hail them as heroes who will receive top state awards. | Video

Russia pays tribute to dead nuclear workers, vows to develop new weapons

12 Aug 2019

MOSCOW Russia's top nuclear official promised on Monday to succeed in developing new weapons as he paid tribute to five scientists killed in what U.S. experts suspect was the botched test of a new missile vaunted by President Vladimir Putin. | Video

Russia honours "national heroes" killed in mysterious rocket blast

11 Aug 2019

MOSCOW, Aug 11 Russia has bestowed posthumous awards on five nuclear experts and "national heroes" who died in a mysterious explosion at sea during a rocket engine test, authorities said on Sunday.

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