The Federal Security Service of the Russian Federation reported that gold smugglers were arrested with 37 kg of gold bars valued at approximately $1.8 million, Sputnik reported. The smugglers worked as train drivers and reportedly transferred gold to the Chinese city of Manzhouli.
Russian customs officials have detained a lorry...
Russia’s G20 Sherpa Svetlana Lukash expressed hope on Monday that the next summit of the world's major advanced and emerging economies will be an in-person, not a virtual event, TASS reported.
This year the G20 summit was held on November 21-22 virtually via a video conference.
"We hope that the next...
Russian online retailer Ozon raised nearly $1 billion in its debut New York share listing on Tuesday, pricing the deal above initial guidance as investors scrambled to capitalize on an e-commerce boom in the world’s largest country, Reuters reported.
Sales at Ozon, which has more than 11 million active buyers...
Russian e-commerce giant Ozon is eyeing a $5 billion valuation in one of the most hotly anticipated Russian stock market debuts in years, papers filed by the company in New York on Tuesday laid out, The Moscow Times reported.
The company said it would price shares in its upcoming initial...
Russia will take tough response measures in case other parties to the Treaty on Open Skies share data with the United States after its withdrawal from the treaty and restrict Russia’s flights over U.S. facilities in Europe, Konstantin Gavrilov, Russia’s chief negotiator at the Vienna talks on military security...
President Vladimir Putin signed a law raising the personal income tax rate from 13% to 15% for incomes exceeding 5 million rubles ($65,866) per year. The document was published on the official portal of legal information on Monday, TASS reported.
The law was drafted by the order of the President...
The coronavirus pandemic has triggered a systemic economic crisis, unprecedented since the Great Depression, Russian President Vladimir Putin said, addressing the G20 summit on Saturday, TASS reported.
"The scale of problems that mankind faced in 2020 is indeed unprecedented. The coronavirus pandemic, a global lockdown and suspended economic activities triggered...
The Chinese authorities’ decision to impose a lockdown in Manzhouli, a city in the Inner Mongolian Autonomous Region, northeast China, has not affected the work of the Russian-Chinese border crossing Zabaykalsk-Manchuria, Russia’s Consul-General in Harbin Vladimir Oschepkov told TASS on Sunday.
"We are carefully watching the developing epidemiological situation in...
The Russian State Duma (lower house of parliament) has approved the third reading of the bill stipulating primacy of the Russian Constitution over international agreements and decisions of intergovernmental bodies, TASS reported.
Changes have been made to over 110 Russian laws. The new norm stipulates that the Russian law prevails if...
