The Latest Breaking News from Vedomosti

Despite sanctions, Russian electronics and computer hardware manufacturers expanded their workforce by an average of 13% in 2024.

Russian companies fail to package already made silicon: 50% of processors get ruined at final stage of manufacturing. This is limiting the quantity of Baikal's CPUs that make it to market.

Russia's aviation sector will do everything it can to avoid the "total cannibalisation" of aircraft for spare parts, industry and trade minister Denis Manturov has told the Vedomosti business newspaper, as the impact of sanctions bites.

Russian President Vladimir Putin and Chinese leader Xi Jinping will hold talks to discuss the events of 2022 in late December, the Russian business daily Vedomosti reported on Tuesday.

Move may be attempt to revive weakening Russian offensive

Russian President Vladimir Putin will in coming days meet the mothers of soldiers amid fierce fighting in Ukraine, the Vedomosti newspaper reported, citing three unidentified sources in the presidential administration.

Russia says it will use an arrangement similar to that used for payments for its gas supplies to pay its dollar-denominated foreign debts

Nike Inc (NYSE:NKE) has not renewed agreements with its largest franchisee in Russia, Reuters reported, quoting Vedomosti daily newspaper. The U.S. sportswear maker suspended its Russia operations temporarily in March due to Russia's invasion of Ukraine. The head of Inventive Retail Group (IRG), which operates Nike-branded stores in Russia, reportedly said Nike…

US sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major US brand since Russian forces entered Ukraine. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated…