The lack of investment by Ukraine into its gas transportation system was the reason behind Tuesday’s explosion of a pipeline and may lead to new accidents, Gazprom Deputy CEO Vitaly Markelov said in a news conference on Wednesday.
Over 8,000 refugees flee from Ukraine in one day, Bridge connecting Crimea and mainland Russia may be given to private investors, Russia’s Prime Minister Dmitry Medvedev has announced that the country is poorly preparing for the 2018 World Cup, G-7 leaders offer Russia chance to rebuild ties with the West, Al-Jazeera journalists could be jailed for up to 15 years in Egypt, Obama urges France to halt sale of warships to Russia. These issues in Voice of Russia's daily Press Review.
Foreign investors are not walking out on contracts with Russia despite the western sanctions situation but, considering optimizing the finance structure, said Russia's Deputy Prime Minister, Arkady Dvorkovich, on the sidelines of the St. Petersburg International Forum Friday. "I don't know any company that chose not to invest in Russia, even in the light of sanctions. None of the companies which had been considered investing, or had made a preliminary decision, or had been preparing for a partnership, or had thought about such an option, has changed their mind," he said.
Russian government was discussing tools which allow to impose value-added taxes on Telecom services provided by international IT giants to Russian companies and consumers, meanwhile major banks around the globe are decreasing their dependence on investment business, Russia switches to prepaid gas supply to Ukraine, Russian military export profits soar, the collapse of the Western Antarctica ice sheet is already under way and is unstoppable, Iran nuclear negotiators to start work on final deal.
The governor of Russia’s Omsk region, Viktor Nazarov, has excluded the American fast food chain McDonald’s from the list of the region’s major investment projects, the regional administration told TASS on Monday as there were 38 projects left on the list instead of 42.
The Facebook founder Mark Zuckerberg may fund the presidential election campaign of Ukraine's Radical Party leader Oleg Lyashko, a source in Lyashko's inner circle said on Saturday.
China's Foreign Minister ended a Latin American tour Friday in Brazil, stressing Beijing's goal of investing in the region as he prepared the way for a July visit by President Xi Jinping.
Russian President Vladimir Putin said countries with large international reserves were putting these to a variety of uses. Asked at a forum for independent regional and local media organizations what effect Western sanctions might have on Russia, Putin touched on the issue of how to dispose of international reserves.
A Hong Kong-based investment holding company, China Merchants Holdings, plans to invest 11 billion rubles ($307.9 million) in the construction of a technology park in southern Russiaa's Krasnodar by 2019, the Krasnodar mayor's office said Wednesday, according to RIA.
Lukoil is getting ready to sell off its stake in a Kazakh project to China's Sinopec. Russia's number two oil producer has settled on an agreement to allow for all of its' 50 percent share to be sold off to the Asian firm that has oil and gas plans in Kazakhstan. The deal has been settled on and Sinopec will buy up the share for an estimated $1.2 billion, according to worldbulletin.net.
Microsoft has unveiled its plans to invest $1 billion in the creation of a research center on the basis of the Lomonosov Moscow State University (MGU), the company said in a statement. The future center will have two laboratories, one dealing with big data processing and visualization, the other – with computer vision systems.
In the last 20 years, the issue of corruption has entered the agendas of all major political actors in Ukraine. It became a prominent factor in international development and democracy assistance to the region, too.
This year's investment program of Russian gas giant Gazprom will be adjusted to include measures aimed at developing Crimea's gas sector following instructions issued by Russian Prime Minister Dmitry Medvedev after a March 24 session, the government's press service has reported.
Vladimir Putin has signed a law on Crimea’s and Sevastopol’s accession to Russia. Capital investments from the Federal budget are needed for Crimea to become a full-fledged Russian region. Russia intends to develop infrastructure projects on the Peninsula, and to increase wages and pensions up to the average Russian level. Private investments will also be engaged in the development of the region, and Russian business already takes an interest in projects in Crimea.
Three prominent figures in the technology world have invested serious cash into a company that's trying to make a major move in artificial intelligence. Tesla chief Elon Musk, Facebook co-founder Mark Zuckerberg, and actor and venture capitalist Ashton Kutcher have invested $40 million into Vicarious, a company that's studying the human brain's neocortex and attempting to translate its function to computer code. Vicarious’ tech focuses on trying to digitally recreate the part of the brain, called the neocortex, that handles sight, controls the body, interprets language, and does math.
Fortress Investment Group, the Wall Street pioneer to declare investments in Bitcoin, moves its assets into a $150m hedge fund which targets investments from digital currency enthusiasts.
Russian President Vladimir Putin said the bridge over the Kerch Strait should be able to carry motor vehicles and trains. "We need a bridge that can carry both motor vehicles and trains," Putin said while meeting with government officials.
In the event of Crimea’s accession to Russia, the republic may become an area of advanced economic growth in the near future, Russian Deputy Minister of Economic Development Alexey Likhachev told journalists in Tokyo on Wednesday.
Russian companies whose total amount of transactions on the international markets over the past two years equals some $ 180 billion, have become a permanent source of profit for London bankers, lawyers and reputation gurus, as London is the premier destination for such businesses. Possible US and EU sanctions could completely undermine their efforts, the Bloomberg news agency reports.
While the self-imposed Kiev government is begging for Western aid to prop up the crumbling Ukrainian economy, Russia is beginning to invest in Crimea. Prime Minister Dmitry Medvedev has issued an order to create a joint-stock company (JSC) for the construction of a bridge across the Kerch Strait.