Friday, June 26, 2026
Russia’s low-cost carrier Pobeda has canceled flights to Italy (Bergamo, Rome, Rimini, Pisa and Treviso) scheduled for March 11 through 31 after the Italian government imposed a virtual lockdown across some provinces, the airline said in a statement on Sunday, TASS reported. "Low-cost airline Pobeda, the arm of the Aeroflot...
Uzbekistan will join the Russia-led Eurasian Economic Union (EAEU) as an observer-state before deciding if it wants to become a full member of the trade bloc, the country’s government said on Saturday, according to local news agency Fergana. The union established by Russia and allies Belarus and Kazakhstan in 2015...
A Russian drug unlicensed in Great Britain is on saleon eBay UK under false claims it is able to prevent or cure coronavirus infections, the New Statesman writes. Umifenovir, an antiviral medication developed in Russia in the late 1980s, and sold under the name Arbidol, is widely used in Russia...
Annual inflation in Russia has eased to 2.2 percent in February, according to the median estimate of 20 economists surveyed by Bloomberg. Statistics show that price growth briefly fell to that level in 2018. The Bank of Russia has cut its key rate in February by 25 basis points, from...
London-listed credit card supplier TCS, founded by Oleg Tinkov, saw its shares plummet on Friday after the U.S. Department of Justice charged the Russian businessman with fraud and demanded his extradition from Britain, The Financial Times reported. Shares of TCS (Tinkoff Credit Systems) group were showing a loss of more...
A well-known Russian gaming guru who helped create the mega-hit World of Tanks has decided to pursue a career in Russian politics, Interfax reports.  40-year-old online gaming legend Vyacheslav Makarov used a digital technologies conference in Moscow on Thursday to launch his latest creation: the Direct Democracy party. "The biggest problem (with...
Four industry sources told Reuters on Thursday that a couple of veteran executives from global trading house Glencore’s energy desk in Moscow have left the company with around a dozen other staff to focus on their own start-up. After decades of service during which they oversaw the trading of hundreds...
Russia will not hold its main business showcase, the Saint Petersburg International Economic Forum (SPIEF), in June due to the novel coronavirus outbreak, the head of its organizing committee said Thursday, according to Meduza. “With the aim of protecting the health of Russian citizens, guests and participants in the forum,...
One of the richest people in Malaysia, casino tycoon Chen Lip Keong, is trying his luck in Russia, with his NagaCorp building a $300 million casino-hotel outside Vladivostok, due to open in 2021, Forbes writes. “I like the entrepreneurial spirit behind the development,” Chen says. Booming growth at his Cambodian...
A former Russian cabinet minister, oligarch Roman Abramovich, and the COO of German fintech company Wirecard were all among the investors in Telegram’s $1.7 billion initial coin offering (ICO), a previously unreported court document shows, according to CoinDesk. Tycoon Abramovich and former Minister of Open Government Affairs Mikhail Abyzov used...