The chief executive of Russian bank Sberbank told CNBC that Russian President Vladimir Putin's promise to invest in Russia's growth and infrastructure was reassuring and timely.
As Russia's stock market tanks to a 12-month low, business leaders are divided on why the market sold off.
Igor Shuvalov, Russia's deputy prime minister, talks about the country's growth prospects, and how the government plans to help small businesses, and decrease its oil dependency.
Russia doesn't have a magic wand to create growth but a multi-billion dollar investment program could help revive economic growth, Russian President Vladimir Putin said on Friday.
Relaxed legislation and booming profits are just two reasons why Russia's biggest mobile service provider will not bother expanding into other countries, the firm's chief executive said.
German Chancellor Angela Merkel said that austerity must continue in the euro zone to regain the trust of international investors.
Russia must urgently reform its energy sector if it is to remain a global player in the energy markets, according to experts speaking at the St. Petersburg International Economic Forum.
Igor Shuvalov, Russia deputy prime minister, says Russia should invest more in education, welfare and infrastructure and says investor's wariness to invest in Russia is due to a bad image rather than on the real economic climate.
Igor Shuvalov, Russia deputy prime minister, agrees with Kudrin's views that further investments in education and welfare is needed in Russia but disagrees with cutting the defense budget.
Igor Shuvalov, Russia deputy prime minister, says investors' wariness to invest in Russia is due to a bad perception as the red tape in Russia is no worse than in China or Brazil.
Russia must do more to foster growth, the country's deputy prime minister told CNBC on Friday, after economic growth eased to just 1.6 percent in the first quarter, the slowest rate since 2009.
Fulvio Conti, chairman and CEO of Enel, explains that they're interested in helping Russia to expand beyond only being an exporter of oil and gas and which assets they're planning to sell.
All work and no play for Steve Sedgwick and Geoff Cutmore? Not according to these pictures which emerged from SPIEF.
Kirill Dmitriev, CEO of Russian Direct Investment, talks to CNBC about his meeting with President Putin and a new partnership with the sovereign wealth fund of the United Arab Emirates.
Vladimir Dmitriev, chairman of VEB Russia¿s State Development Bank, discusses the point that a state bank like his represents a market failure.
Nils Smedegaard Anderson, CEO of Moller Maersk, tells CNBC that the company had to get used to global growth being slow, but they have now adjusted to it.
Talk of a suspension of bailout money to struggling euro zone country Greece is "premature", according to a senior International Monetary Fund (IMF) official.
Dmitry Chernyshenko, CEO of Sochi 2014, responds to the report that Vladimir Putin was frustrated at the cost and speed of the Sochi 2014 Winter Olympic Games.
Clemens Grafe, chief economist Russia at Goldman Sachs, tells CNBC that the recent slowdown in Russia is domestic.
Andrei Dubovskov, CEO of MTS, tells CNBC that growth in mobile data usage in Russia is helping fuel growth.