Japan keeps stake in Russian energy project

Japanese energy company SODECO has decided to retain its 30% stake in the new entity that will manage the Sakhalin-1 oil and gas project in Russia’s Far East, Japan’s Economy and Industry Minister Yasutoshi Nishimura announced on Friday.

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Russia-Iraq trade turnover soars

The figure exceeded $300 million in the first eight months of the year, according to the Russian embassy The trade turnover between Russia and Iraq between January and August 2022 amounts to $313.1 million and has exceeded the figure for all of last year, $282.7 million, an economic adviser at the Russian embassy in Baghdad,…

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India's largest lender reaps record profit

The State Bank of India’s net profit surges by more than 70% on loan growth and improved asset quality The State Bank of India (SBI), the country’s biggest lender, has seen an almost 74% surge in quarterly net profit, the bank said in a press release on Saturday.

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