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.
MOSCOW China's Huawei has begun talks with Russia about installing Russian operating system (OS) Aurora on 360,000 of its tablets to conduct Russia's population census next year, two sources told Reuters.
MOSCOW Russia opened a showroom on Friday selling its first post-Soviet luxury limousine under the Aurus brand, a type of car used by President Vladimir Putin at his inauguration last year.
MOSCOW Russian internet group Mail.ru has teamed up with investment firm Proxima Capital to buy a controlling stake in car-sharing operator YouDrive, which it may fold into its planned food and taxi joint venture with state-run Sberbank.
MOSCOW Mozambique's talks with the International Monetary Fund (IMF) are making "encouraging progress," as the country seeks to restore access to international financing, President Filipe Nyusi said on Wednesday.
MOSCOW A draft law proposing to limit foreign ownership in 'significant' Russian technology firms to 20% is not aimed at making its top search engine Yandex state-owned, the lawmaker behind the idea, Anton Gorelkin, said.
MOSCOW Shares in Yandex, a Russian equivalent to Google, bounced on Monday after Deputy Prime Minister Maxim Akimov called a draft law on limiting foreign ownership in major Russian IT companies "destructive".
MOSCOW, July 29 Shares in Yandex, a
Russian equivalent to Google, bounced on Monday after
Deputy Prime Minister Maxim Akimov called a draft law on
limiting foreign ownership in major Russian IT companies
MOSCOW Russia's Sberbank and internet firm Mail.ru said on Thursday they would invest up to 64 billion roubles (£811.7 million) in a new joint platform for taxi services and food, as online sales in the country gather pace.
MOSCOW The International Monetary Fund cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for stronger growth.