Russia's Central Bank said Thursday that it had appointed a new deputy chairman to replace Andrei Kozlov, who was shot dead in a crime widely seen as related to his efforts to clean up the country's banking industry.
Russian coal and steel producer Evraz Group said Wednesday that it has completed its acquisition of Oregon Steel Mills, one of the largest investments in the United States by a Russian company.
Russia on Thursday resumed pumping oil to Europe via Belarus, ending a three-day suspension of supplies, the Russian state pipeline operator said.
Russia is considering imposing duties on more than half of Belarusian imports in a major escalation of a dispute between the two countries that has disrupted the flow of Russian oil to Europe, the Vedomosti business daily reported Wednesday.
Russia has received official notification that Belarus has imposed a transit duty on its oil exports, but does not expect an escalating trade row to disrupt crude oil supplies to Europe, the Kremlin said on Thursday.
Russia's natural gas monopoly has warned Belarus not to siphon gas from the main pipeline leading across its territory to Europe if it goes ahead with a threatened supply cutoff on New Year's Day.