NIOC, Zarubezhneft to develop two oilfields, reports Iranian state TV
Situated in western Iran, the two oilfields Aban and Paydar-e Gharb are expected to produce 48,000 barrels per day...
Tag : Russia
Xiaomi expands its market presence into Western Europe
Inspired by its first launch in Spain, the company plans to explore new European markets for better reach, like its counterparts...
The Economic Impact of Cybercrime: McAfee report
The report found high correlation between third-tier wealthy nations and cybercrime loss of US$600bn in 2017—a serious rise from three years ago...
Russian central bank approves framework for fintech development
The overall aim is to drive ‘digitisation’ and build competitiveness within the country’s financial sector...
The Central Bank of Russia drops key rate to 7.5%
Last year’s high-low fluctuation has led to a quarter-point rate cut...
US energy import will exceed its export capacity until 2026, says EIA
However, its record volumes of oil production will potentially outdo Saudi Arabia and Russia in crude sector...
Russia bails out Otkritie bank, one of its largest private lenders
Otkritie Bank ranks 1st among privately owned banks and 4th by assets among banking groups in Russia....
Russia, Ukraine hit by cyber attack
Hackers attacked hard drives of computers running Microsoft Windows and announced that data had been encrypted before demanding ransom to restore access...
Charges against two Russia security officials in Yahoo hacking case
Two others named; one of them is on FBI’s most wanted hackers list March 16, 2017: The US Justice Department has announced charges against four people, including two Russian security officials, over hacks that affected millions of Yahoo users. Two of the defendants — Dmitry Dokuchaev and his superior Igor Sushchin — are officers of...
Deutsche Bank fined for laundering $10 billion for Russians
The German bank has been hit with a $629 million penalty in the US and UK IFM Correspondent February 1, 2017: Germany’s Deutsche Bank has been hit with a $629 million penalty in the US and UK over a $10 billion money laundering scheme that involved its branches in Moscow, New York and London. The...