Monday, June 29, 2026
E-commerce giant AliExpress has started its small and medium enterprises program in Russian regions, where it will act as the wholesaler for retail chains, the Chinese company announced on Monday, according to Vedomosti. Goods from the seasonal range, accessories, home and garden products, and clothing will be available at the...
Corporate recovery in Russia started to gain momentum in the first five months of the year, and companies are on track to record their most profitable year since 2015, Intellinews reported. According to the last available data for May, cumulative profits for the first five months of this year...
Georgian Airways, the Caucasus country’s flag carrier, has lost $25 million after Russia banned direct flights to Georgia, the company said on Monday, according to Life.ru. "Suspension of the direct air service between Georgia and Russia dealt a material blow to Georgian Airways and put it into a challenging financial...
The value of Russia's benchmark RTS stock index could rise by as much as 25% by mid-2020 as the Russian market attracts new investors, the CEO of VTB Capital Investment Management told Reuters.  Vladimir Potapov, who oversees asset management, retail forex trading and brokerage services at VTB Capital Investment, said...
One of the owners of digital currency exchange BTC-e, a Russian whose extradition the U.S. is seeking from Greece to face criminal charges, is now facing a civil lawsuit in California, Bloomberg wrote. Federal prosecutors in San Francisco charged Alexander Vinnik in 2017...
Two sports teams belonging to Russian billionaires were included in the latest Forbes rating of the world’s most valuable franchises in sports, RNS reported last week. Roman Abramovich's Chelsea Football Club is estimated at $2.58 billion - a 25% increase on their previous value in 2018 - and occupies the...
Russia’s biggest private airline, S7 Airlines, has stepped up its cooperation with Kazakhstan’s national flag carrier, Astana Air, by signing a codeshare agreement for flights between Russia and Kazakhstan, TASS reports.  According to the deal, effective from 15 July 2019, Air Astana flights from its hubs at Nur-Sultan (formerly Astana)...
A U.S. Senate committee vote on imposing sanctions on companies and individuals involved in building Russia’s Nord Stream 2 gas pipeline is now delayed, OilPrice.com reports.  The bill was expected to be considered during a business meeting this week but one member requested a delay consideration of the "Protecting Europe's...
North Korea has released a Russian fishing boat held after being accused of violating entry regulations, the Russian embassy in North Korea said on Sunday, in an incident that prompted a Russian warning of freezing talks on fisheries cooperation. North Korea detained the 15 Russian and two South Korean crew...
A meeting of the Turkmenistan-Astrakhan Council on Entrepreneurship is scheduled for August 11 in Turkmenbashi city, Trend reported citing the Turkmen Foreign Ministry. This structure was created upon the decision of the Turkmen-Russian intergovernmental commission on economic cooperation. The delegation of the Astrakhan region will be headed by the acting governor of the...