The outbreak of the novel coronavirus has caused a soar in online food orders, Izvestia reported citing industry groups.
Food sales showed the biggest growth in February, by almost 25% in monetary terms, according to the head of the Delovaya Rossiya (Business Russia) Trade Committee Alexei Fedorov.
"The coronavirus scare has...
Eager to show that Russians' real disposable incomes as measured by official statistics don't decline, President Vladimir Putin used the State Statistical Service to hide a drop in the statistical category, Russian economists say.
On Monday, the government agency reported that in January, the disposable income measure was unchanged from...
Russian president Vladimir Putin has proposed the introduction of an up to 15% tax on the transfer of dividends to overseas accounts, OTR reported.
"All payments of gains in the form of interest and dividends, flowing from Russia abroad to offshore jurisdictions, shall be taxed appropriately. Two thirds of such...
U.S. President Donald Trump has said "trade wars are good", sending shares in both Asia and Europe down on Friday, amid controversy over his decision to impose tariffs on steel and aluminum imports.
Trump tweeted that the U.S. was "losing billions of dollars on trade" and would find a trade...
Russian banker Oleg Tinkov, who is currently fighting an extradition request from the U.S. from the UK on allegations of underreporting his income, has announced he will resign from the board of directors of Tinkoff, the bank he founded, RIA Novosti reported.
Tinkov said he would leave the board of...
The British government is preparing a range of measures to strike back at Moscow after the Kremlin was linked with the attempted murder of former Russian double agent Sergei Skripal, The BBC reports.
Prime Minister Theresa May said Monday a "weapons-grade nerve agent" developed by Russia had been used in...
Russian President Vladimir Putin has asked the government to consider the possibility of supporting online food delivery services, including partial subsidizing of such delivery cost during the coronavirus pandemic period, TASS reports.
The relevant point is contained in the list of assignments of the head of state posted on the...
EU leaders will probably remain reluctant to issue a serious reply to Russia for its alleged nerve agent attack on a former spy in England, analysts say.
The UK's economic ties to Moscow, as well as divided interests within the European Union (EU), thanks to several countries' heavy reliance on...
Russian nationwide food and necessities delivery service SberMarket has unveiled its 1Q20 performance figures, which show the company's turnover increased five-fold to 1.5 billion rubles ($20.07 million) year-on-year, Retail & Loyalty reports.
Compared to 4Q19, the metric soared 74%. The number of orders delivered in 1Q20 also increased more than...
The Russian Parliament has discussed a new mechanism to bail out insurance companies, Finance Minister Anton Siluanov said on Tuesday, according to Reuters.
“A draft law improving supervision on insurance companies, including a mechanism of their bailout, is being prepared by the State Duma,” Siluanov told a meeting with Prime...
