Tuesday, September 21, 2021
“Putin’s chef” charged with organizing “troll factory” to interfere in U.S. elections A company called the Internet Research Agency (IRA) was charged by Special counsel Robert Mueller's office with violating U.S. law and interfering in the 2016 election, along with 13 Russian nationals. As Deputy Attorney General Rod Rosenstein said while...
The Russian rouble lost value on Tuesday after reaching three-week highs the day before as oil prices fell further, dragging the Russian currency down, Reuters reports. At 0752 GMT, the rouble was down 0.1 percent against the dollar at 65.60 and had lost 0.12 percent to trade at 75.18 versus the...
Uzbek-born Russian oligarch Alisher Usmanov is considering a sale of his 30% stake in English football club Arsenal, Reuters reported on Tuesday, citing the Financial Times. In May last year, Usmanov, who is the club's second-largest shareholder, made a $1.3 billion offer to buy out his rival, majority shareholder Stan...
The fear of new U.S. economic sanctions against Russia is weighing on the minds of investors when it comes to Russia, Eric de Beauchamp, Senior Vice President at Credit Bank of Moscow, has said in an interview with Bonds & Loans. “Possible new sanctions against Russia and, consequently, resumption of foreign...
Russia’s President Vladimir Putin has turned himself into the world’s richest person during his presidency, economist and Russia expert Anders Aslund claims in a new book, according to the Inquisitr. In the book, “Russia’s Crony Capitalism: The Path from Market Economy to Kleptocracy,” Aslund estimates that through the practice...
An unexpected drop in share value stunned the managers and owners of Magnit, Russia’s second-biggest supermarket chain on Monday, following plans to nearly double its number of stores by 2023 as part of efforts to revamp the business, RBK reports. Magnit’s share was down 4.7 percent in Moscow on Tuesday,...
This year’s Black Friday campaign has proven successful for retailers, Izvestya reports. According to early indications, total sales reached 17.4 billion rubles ($259.7 million), which is 2.5-times more than in 2017, according to ArtyomSokolov, president of the Association of Internet Trade Companies (AITC). Fiscal data operator OFD Platform said the...
The Russian government will evaluate a pending extension of the effective grace period for the import of western-built passenger jet aircraft – and deliver its deliberations by April 2019, Rusaviainsider.com reports. President Vladimir Putin has also proposed the possibility of a trade-in, part exchange scheme for purchases of Russian-built aircraft, the...
The richest Russian on the Forbes billionaire list, Novatek chairman Leonid Mikhelson, became even richer on Tuesday after selling a 10% stake in its Arctic LNG 2 project to France’s Total, state-run news agency TASS reported. The $24 billion majority shareholder of Russia’s largest, privately owned natural gas company, inked a $2.5...
The board of directors of Magnit, one of the leading Russian retailers, approved the appointment of Jan Dunning, former head of direct competitor Lenta, as president of the company, and also approved his election to the company’s board, Magnit announced, according to RIA news agency. “Magnit announces the approval by...

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