🇷🇺 Russia · Business
28 storiesHuawei and Qualcomm sign multi-year patent licensing deal covering 5G and AI
Huawei and Qualcomm have signed a multi-year patent licensing agreement covering 5G, artificial intelligence, computing and networking technologies, with cross-licensing of their patent portfolios. Qualcomm will additionally buy a number of…
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Fourth auction to sell Moscow’s Rizhsky railway station fails with no bids
A fourth auction to sell Moscow’s Rizhsky railway station, owned by Russian Railways (RZD), was declared void after no bids were submitted, according to the bidding materials. The lot was offered at a starting price of 4 billion rubles. RZD…
Vanity Fair names OpenAI's Sam Altman most influential person, ahead of Musk
Vanity Fair has placed OpenAI head Sam Altman first in its ranking of the most influential people, according to TASS, Kommersant and RIA Novosti. TASS reported he also placed ahead of Elon Musk and of Anthropic head Dario Amodei, who is sec…
Sierra Leone ready to lease land to Russian businesses for coffee growing, envoy says
Sierra Leone’s ambassador to Russia, Mohamed Yongawo, said in an interview with TASS that the state is ready to lease land to Russian businesses to grow coffee and that Russian businessmen could buy coffee directly from Sierra Leone to cut …
SME Corporation: over 90% of entrepreneurs have no barriers to state support
More than 90% of entrepreneurs who assessed their businesses on the МСП.РФ digital platform had no stop-factors preventing them from receiving state support measures, the SME Corporation said, according to RIA Novosti and TASS. CNews report…
Burger King halts two Vladivostok franchise restaurants after staff videos
Burger King said it has stopped operations at two franchised restaurants in Vladivostok and cut the franchisee off from product supplies and corporate systems after videos filmed in a kitchen circulated on social media. The company said it …
OpenAI in talks with UAE funds over up to $10bn in financing, Bloomberg reports
OpenAI is in talks with several investment funds from the United Arab Emirates, which plan to form a syndicate and invest up to $10bn, Bloomberg reported, according to Kommersant. The money could be part of a round of at least $30bn at a $1…
Red Wings appoints Igor Ivliev as general director, replacing Lebedev
Red Wings has appointed Igor Ivliev, previously its commercial director, as general director, the airline's press service said, according to RBC and Interfax. Interfax reported that Alexander Lebedev, who had headed the carrier since 2025, …
Putin signs decree allowing sale of 100% of UniCredit Bank's Russian shares
Russian President Vladimir Putin signed a decree permitting transactions involving 100% of the shares of AO UniCredit Bank, which belong to Italy's UniCredit S.p.A., according to RIA Novosti, RBC and Kommersant. Kommersant reported the decr…
RSPP's Shokhin: temporary management of firms must not be unfair competition
Alexander Shokhin, who heads Russia's main business lobby RSPP, said the transfer of companies into temporary management must not become one of the methods of unfair competition, and called for transparency in the process. Kommersant report…
Lukashenko meets PSB chairman Fradkov in Minsk on expanded cooperation
Belarusian President Alexander Lukashenko met Pyotr Fradkov, chairman of the Russian bank PSB, in Minsk to discuss expanding the bank's cooperation with Belarus. Lukashenko said Minsk is “very positively” disposed toward the bank in Belarus…
Wildberries tests mobile pickup point delivery in Russia’s Tver region
Wildberries, part of the RWB group, has begun testing order delivery through a mobile pickup point — an “avtolavka” — in the Tver region, the company’s press service said. The pilot, carried out with the regional Ministry of Industry and Tr…
Shokhin says business ombudsman's task is linking business and state
Alexander Shokhin said one of the tasks of Russia's business ombudsman is to ensure interaction between business associations and state structures. TASS identified him as head of the Russian Union of Industrialists and Entrepreneurs (RSPP);…
NYT: Russia and US discuss multibillion-dollar deal for Lukoil's foreign assets
Russia and the United States are discussing a multibillion-dollar sale of Lukoil's foreign oil assets as part of talks to end the war in Ukraine, according to The New York Times, as relayed by Kommersant, Vedomosti and Meduza. Meduza report…
PSB chairman calls Belarus an absolute priority at meeting with Lukashenko
PSB chairman Pyotr Fradkov told Belarusian President Alexander Lukashenko that Belarus is an “absolute priority” for the Russian bank and that cooperation is developing in interbank lending, industry and, prospectively, leasing. Fradkov nam…
Ovechkin to launch OVI beer brand in Russia with Bochkarev breweries
Hockey player Alexander Ovechkin will launch his own beer brand, OVI, in Russia before the end of 2026, produced by the breweries Pivovarni Bochkarev, according to Kommersant and Vedomosti. The lineup will include a classic lager, a lighter…
25 Moscow-region producers to present products at Golden Autumn agro exhibition
Twenty-five enterprises from the Moscow region will present their products at the Golden Autumn agricultural exhibition, TASS and RIA Novosti reported. TASS said the meat line-up includes Cherkizovo, the Klinsky meat processing plant, Eremi…
Say Agency blames industry practice for canceled Kanye West concerts in St Petersburg
Say Agency, the organiser of Kanye West’s concerts in St Petersburg, says its mistake was relying on informal industry practice instead of signing a lease with Gazprom Arena first; the arena says it never signed a lease agreement. The conce…
Reports: Ismailov family's villa and scorpion farm in Montenegro may be seized
RBC reported, citing Izvestia, that a property complex in Montenegro linked to Ismailov includes almost 30 plots covering 2 hectares and six buildings, among them a 1,400 sq m duplex with a pool, with a scorpion farm presumably on the groun…