Moscow – PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces that international credit ratings agency Standard & Poor’s (S&P) has confirmed PhosAgro’s rating at an investment-grade BBB- and raised its Outlook on the rating to Stable from Negative. In its report S&P notes that it expects recovering…
The renowned Russian media executive and political consultant Igor Malashenko has died in Spain at the age of 64, the Kommersant business daily reported on Monday. Some Russian media reported the death as having been a suicide, citing sources close to Malashenko. No official sources have yet confirmed the reports. Malashenko was the co-founder and…
A former mixed-martial-arts fighter and Russian ultranationalist serving time for attacking a brothel was released from prison early on Monday. Vyacheslav Datsik, who fought under the nickname “Red-Haired Tarzan” and has a long criminal history, was sentenced in March 2018 to 3.5 years in maximum-security prison for unlawful intrusion, battery and disorderly conduct. He was…
Russian state television has listed U.S. military facilities that Moscow would target in the event of a nuclear strike, and said that a hypersonic missile Russia is developing would be able to hit them in less than five minutes. The targets included the Pentagon and the presidential retreat in Camp David, Maryland. The report, unusual even by…
Russian police have opened a criminal case into air pollution in the Siberian coal-mining region of Kemerovo, weeks after black snow first covered towns in the area. Dark snow descended on the cities of Prokopyevsk, Kiselyovsk and Leninsk-Kuznetsky in mid-February, a phenomenon that has been attributed to rising coal output. Authorities in another Kemerovo town were…
Russian President Vladimir Putin defended the decision to prosecute U.S. fund manager Michael Calvey on fraud charges in a case that’s shaken investors and drawn criticism from top Kremlin insiders. At a closed-door meeting last week, Putin was asked about attacks on the handling of the case and the damage it might do to the…
Moody’s Investors Service has for the first time named “abrupt regime change” as a risk factor for the Russian economy. Analysts have forecast increasing competition within the Kremlin and growing popular discontent over social issues as Vladimir Putin’s fourth presidential term approaches its end in 2024. Moody’s named regime change as one of several “distant…
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to take a criminal investigation into its U.S. founder Michael Calvey and other executives under his personal control. It made the request in an open letter to Putin posted on its website. There was no immediate comment from the Kremlin. Prosecutors last…
A majority of Russians view corruption cases against top officials as evidence of the government’s overall decay, according to a new independent survey. Levada carried out the survey in the wake of the high-profile detention of Russian senator Rauf Arashukov on murder, organized crime and witness tampering charges. His father, the high-ranking gas official Raul…
There wasn’t a Russian film up for the Oscar this year, but a newly restored 1969 Oscar winner is an apt reminder of Soviet cinema’s impact on the sweeping Hollywood epic. “War and Peace,” director Sergei Bondarchuk’s adaptation of Leo Tolstoy’s classic, expanded the scope, scale and aesthetic ambition of what could play on the…
The United States asked Russia for advice before the U.S. and North Korean leaders meet in Vietnam later this week, Russian Foreign Minister Sergei Lavrov said on Monday, Interfax news agency reported. Lavrov also said there was no quick solution to the Korean Peninsula issue, adding that the United Nations could have lifted some sanctions against North Korea…
In 2018, Rosneft sold over 180,000 tonnes of motor fuels in open exchange small-scale wholesale. This is a 74% increase compared to the level of 2017. The increase in the exchange small-scale wholesale segment was made possible with the active policy of the Company aimed at development of the segment, as well as at creation…