Edition:
United Kingdom

Polina Devitt

Biting the bullet, not the dust: Deripaska gives up his aluminum empire

21 Dec 2018

MOSCOW The U.S. decision to lift sanctions on Russia's Rusal , the world's top aluminum producer outside China, is widely seen as a Christmas present for the company, global consumers of its metal, and the Russian stock market.

Aluminum plunges, Rusal shares soar as U.S. to lift sanctions

20 Dec 2018

The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow's 2014 annexation of Crimea.

Polyus - half-completed drilling at giant gold deposit shows rosy prospects

10 Dec 2018

MOSCOW Polyus, Russia's largest gold producer, has completed half of its drilling programme at the giant Sukhoi Log gold deposit in eastern Siberia and it is showing "promising results", its Chief Executive Pavel Grachev said.

Russia may inject more money into Promsvyazbank

07 Dec 2018

MOSCOW Russia may inject more money into Promsvyazbank to help the bailed-out lender in its new role serving the country's defense industry, Deputy Finance Minister Alexei Moiseev told Reuters.

Russia seeks to speed up cutting VAT on gold -deputy finance minister

07 Dec 2018

MOSCOW, Dec 7 Russia's finance ministry is seeking to speed up cutting VAT on investments in gold in part to support a Russian gold refiner which has been struggling after it was hit by U.S. sanctions, Deputy Finance Minister Alexei Moiseev told Reuters.

INTERVIEW-Russia may inject more money into Promsvyazbank

07 Dec 2018

MOSCOW, Dec 7 Russia may inject more money into Promsvyazbank to help the bailed-out lender in its new role serving the country's defence industry, Deputy Finance Minister Alexei Moiseev told Reuters.

Russia eyes new wheat export frontiers in challenge to EU, U.S.

22 Nov 2018

MOSCOW/HAMBURG Russia, already the world's leading wheat exporter, is bent on taking further market share from the European Union and United States with a new attempt to crack what have traditionally been its most difficult destinations.

Nornickel aims to boost output to tap electric car boom

19 Nov 2018

MOSCOW Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters.

INTERVIEW-Nornickel aims to boost output to tap electric car boom

19 Nov 2018

MOSCOW, Nov 19 Russian nickel and palladium producer Norilsk Nickel (Nornickel) plans to ramp up output over the next five years to tap an expected boom in demand from electric vehicle makers, its CEO and top shareholder Vladimir Potanin told Reuters.

Russia to resume some beef and pork imports from Brazil

31 Oct 2018

MOSCOW/SÃO PAULO Russia's agriculture safety watchdog said on Wednesday it would allow imports of beef and pork from nine Brazilian plants to resume from Thursday, ending an 11-month ban triggered by food safety concerns.

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