Saturday, March 25, 2023
U.S. special counsel Robert Mueller has subpoenaed documents at the Trump Organization, President Donald Trump’s global business empire, widening his investigation of Russian interference in the 2016 U.S. presidential election. The subpoena, delivered in recent weeks, ordered the New York-based Trump Organization to turn over all documents related to the...
The Russian national payment system Mir, so far restricted to home operations, has expanded its services to Turkey, in partnership with the country’s largest banking chain and 10,000 Turkish online retailers, the Moscow Times reports. According to the CEO of Russia’s national payment system (NSPK), Vladimir Komlev, the move is...
All the outlets and assortments of Russian second-tier food retailer Vkusvill are now part of a click and collect service launched by the company through a mobile app, Vedomosti reported on Tuesday. VkusVill is a Russian grocery store chain that focuses heavily on fresh food and produce. It is one...
The All-Russian Union of Insurers has addressed the Bank of Russia with a request to temporarily ease the requirements for insurance market players amid the coronavirus pandemic and offered a number of measures to support the market, RIA Novosti reported Sunday. In a letter to the central bank’s head Elvira...
The governor of Russia’s Penza region and a leading pharmaceutical executive have been charged in a large-scale bribery case, Russia’s Investigative Committee said Monday, The Moscow Times reports. Ivan Belozertsev, Biotek pharmaceutical group founder Boris Spiegel and suspected accomplices were detained over the weekend on suspicion of exchanging bribes for...
Russian maintenance, repair and overhaul (MRO) holding S7 Technics is the country’s largest aircraft technical services provider. The CEO shared his insight on the industry’s future in an interview with ATO.ru. “Obviously, the airframe maintenance business has come close to saturation, and therefore outstanding growth is unlikely. However, there may...
The Russian Finance Ministry said on Monday it had informed Luxembourg and Malta of increasing to 15 percent the tax on dividend and interest income derived from Russia, TASS reported.  "The Russian Finance Ministry has sent letters to the finance ministries of Luxembourg and Malta on introducing changes into the...
Russia’s largest classified advertising platform Avito could soon be completely sold to South Africa’s Naspers, with the media and internet group interested in buying the remaining 32 percent it does not already own, two sources told Reuters. The deal could be announced as soon as Monday but details of the...
Prices of aluminum sank in global markets on Monday after the U.S. Treasury sent out a notice on Rusal, saying that the Russian aluminum giant can continue to export metals if owner Oleg Deripaska gives up control of the company. According to Bloomberg, the Treasury also extended a previously imposed...
The biggest risk to the Russian economy at the moment comes from uncertainty related to western sanctions, which destabilizes socio-economic processes and triggers an outflow of foreign investors, experts from the Moscow-based Gaidar Institute for Economic Policy wrote in a report released on Wednesday. According to the experts, this uncertainty...