Edition:
India

Anastasia Lyrchikova

UPDATE 4-Russia targets tobacco, mining, oil taxes in hunt to plug budget holes

16 Sep 2020

* Measures to bring $4.5 bln in fresh funds to budget per year

Russia has $1.5 billion plan to dent China's rare earth dominance

12 Aug 2020

MOSCOW Russia plans investment of $1.5 billion (1.2 billion pounds) in rare earth minerals, critical to the defence, telecommunications and renewable energy sectors, as it strives to become the biggest producer after China by 2030, a top government official told Reuters.

Russia has $1.5 billion plan to dent China's rare earth dominance

12 Aug 2020

MOSCOW, Aug 12 Russia plans investment of $1.5 billion in rare earth minerals, critical to the defence, telecommunications and renewable energy sectors, as it strives to become the biggest producer after China by 2030, a top government official told Reuters.

Exclusive: Russia's Nornickel no longer needs shareholder agreement, says co-owner

10 Aug 2020

MOSCOW An eight-year-old shareholder agreement signed by Russian mining giant Norilsk Nickel's major owners has become a relic of the past which the $44 billion miner does not need, Vladimir Potanin, its largest shareholder, told Reuters.

EXCLUSIVE-Russia's Nornickel no longer needs shareholder agreement, says co-owner

10 Aug 2020

* Nornickel and Rusal markets hit by COVID-19 (Writes through, adds Rusal comment)

Russia's Severstal says steel exports offset domestic demand drop

16 Jun 2020

MOSCOW Russian steel producer Severstal expects domestic demand to fall by 5%-7% in 2020 compared to 2019 as a result of the coronavirus outbreak, but says increased exports have allowed it to keep producing to capacity.

Russia's Severstal says steel exports offset domestic demand drop

16 Jun 2020

MOSCOW, June 16 Russian steel producer Severstal expects domestic demand to fall by 5%-7% in 2020 compared to 2019 as a result of the coronavirus outbreak, but says increased exports have allowed it to keep producing to capacity.

Severstal says 'no' to Europe as Thyssenkrupp's options narrow

12 Jun 2020

MOSCOW/FRANKFURT/DUESSELDORF Russian steelmaker Severstal has no plans to get involved in industry consolidation in Europe, its finance chief said, effectively narrowing a list of potential partners for Germany's Thyssenkrupp .

Rusal's customers return with 20-30% of usual aluminium demand

01 Jun 2020

MOSCOW, June 1 Aluminium producer Rusal is seeing customers returning with 20-30% of their usual demand after a slump in April caused by fallout from the new coronavirus outbreak, Roman Andryushin, its head of sales and marketing, told Reuters.

Tourist trade in annexed Crimea on brink as coronavirus bites

21 May 2020

MOSCOW Crimean hostel owner Natalia Kirichenko has given up hope of hosting guests this summer as the coronavirus outbreak threatens to ruin the economy of the tourism-dependent region that Russia annexed from Ukraine in 2014.

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