The Russian Federal Anti-monopoly Service (FAS) has launched a probe into U.S.-based hotel reservation website Booking.com, the watchdog said on Monday, according to Engadget.
The FAS had discovered that Booking.com had made requests to hotels and hostels in the Russian Federation to offer identical prices on rival reservation sites like the...
Russia’s unemployment rate stood at 6.1% in May, Labour Minister Anton Kotyakov said on Wednesday, an increase from 5.8% recorded in April by the state statistics service, Reuters reported.
Speaking at a conference run by the Russian Union of Industrialists and Entrepreneurs, Kotyakov said the domestic labor market had made...
The office of Russia’s business ombudsman Boris Titov is to continue legal and information support of Andrey Kakovkin, sentenced to 3 years in prison for fraud, the ombudsman says in a statement published on a social network on Friday, according to Bloknot.
Kakovkin, who managed Trading Company Grif, has been...
Russia's football authorities said Wednesday the national team will not be wearing new shirts designed by German giant Adidas in upcoming Euro-2020 qualifiers after some pointed out they reverse the colours of the Russian flag.
"In the upcoming games, the Russian national team will continue using the kit in which...
The usual weekly auctions of OFZ treasury bonds by the Russian Finance Ministry on Wednesday are canceled “to facilitate the stabilization of the market situation,” the ministry said on Tuesday, according to Finanz.ru.
The move comes after a sharp drop in the value of the ruble and a bearish debt...
French retailer Auchan has said it plans to increase the production capacity of its meat processing plant in Russia’s Tambov Oblast to 70,000 tons by 2020, Global Meat News reports.
The company said the move will allow it to become fully self-sufficient in meat products on the local market,...
Russian billionaires lost more thаn $3 billion in one day after President Putin’s economic assistant proposed to raise the taxes on the leading companies in Russia’s mining and metallurgy sector, Finanz.ru reports.
In a letter addressed to Putin, presidential aide Andrey Belousov named 14 companies from which the budget could...
The CEO of U.S.-based online retailer Overstock issued a statement this week saying that he assisted efforts to investigate Russian interference in the 2016 election, after which the value of the company’s shares plunged more than 30 percent, Bloomberg reported.
The e-commerce company's stock has fell by 36 percent since Monday,...
The Syrian government will sign a memorandum with Russian companies for a series of deals regarding the reconstruction of the war-torn country, TASS reported.
The memorandum will be signed at the St. Petersburg International Economic Forum, Syria’s Ambassador to Russia Riad Haddad said on Thursday.
“Within this forum, we will be...
The Saudi Basic Industries Corporation (SABIC) has given Russian information security company Angara Service a partnership opportunity to launch its business in the Saudi market, News1 reported.
After being qualified for a Saudi program to support new sellers, suppliers and foreign partners to do business in the Kingdom, the Russian...
