MOSCOW The Kremlin on Friday described comments on Russia made by U.S. President Joe Biden the previous day as aggressive and unconstructive, but said it hoped the two countries could set aside their differences and cooperate where it made sense.
* Nord Stream 2 could be suspended or abandoned amid political pressure, Gazprom warns
BEIJING/MOSCOW China and Russia held off congratulating U.S. President-elect Joe Biden on Monday, with Beijing saying it would follow usual custom in its response and the Kremlin noting incumbent Donald Trump's vow to pursue legal challenges. | Video
BEIJING/MOSCOW China and Russia held off congratulating U.S. President-elect Joe Biden on Monday, with Beijing saying it would follow usual custom in its response and the Kremlin noting incumbent Donald Trump's vow to pursue legal challenges. | Video
MOSCOW Andrey Kostin, the head of Russian state bank VTB and an ally of President Vladimir Putin, said there was a high risk his name would be added to a new U.S. list of people close to Vladimir Putin, but that he was unfazed by the prospect.
MOSCOW VTB, Russia's No.2 bank, is ready to provide a loan to China's CEFC so it can buy a stake in Rosneft, the country's top oil producer, VTB Chief Executive Andrey Kostin told Reuters in an interview.
MOSCOW Russian bank VTB has set aside an additional 50 billion rubles ($882 million) to cover potential loan losses and agreed with the central bank to monitor a number of higher risk loans, VTB's chief executive told Reuters.
MOSCOW Russia's VTB is in talks with Angola on changing the terms of a $1.5 billion loan and extending it, the bank's Chief Executive Andrey Kostin told Reuters in an interview authorized for publication on Monday.
MOSCOW Russia's sovereign Eurobond this year should offer a "foreign currency amnesty" option so Russian businesspeople can use it to repatriate funds from abroad, said Andrey Kostin, the head of the country's second-largest bank, VTB.
China is shoring up ties with autocratic partners like Russia and Iran, as well as economically dependent regional countries, while using sanctions and threats to try to fracture the alliances the United States is building against it.