Russian online retailer Ozon Holdings is looking to raise up to $825 million from a U.S. initial public offering (IPO), it said in a regulatory filing on Tuesday, Reuters reported.
The company, which filed its registration statement for the IPO earlier this month, said it expects to price the offering...
The second wave of the coronavirus has not pushed business activity substantially down across the Russian economy, Deputy Finance Minister Vladimir Kolychev told a conference on Wednesday, TASS writes.
"Judging by daily figures, we do not see the second wave leading to any substantial decline in business activity across the...
BRICS member states have taken emergency steps in order to support national industries, finance and welfare in response to the global coronavirus pandemic, Russian President Vladimir Putin said on Tuesday, RT informed.
Putin opened the 12th annual BRICS Summit which is chaired and held as a video conference by Russia...
New restrictive measures imposed by different countries in response to a second wave of the coronavirus pandemic are having less effect on oil demand than previously, Russian Deputy Prime Minister Alexander Novak said at a meeting of the OPEC+ monitoring committee on Tuesday, adding that the understanding of how...
The largest Russian online retailer Wildberries studied the purchases of Russians between November 6 to 12 and noted a more than two-fold increase in demand for goods for home holidays compared to October of this year, the company said in a research report made available to TASS on Saturday.
"Between...
Russian security services have detained a London-based executive of flagship airline Aeroflot on suspicion of passing state secrets to Britain, Russian news agencies reported, citing sources.
The TASS and RIA news agencies named the executive on Thursday as Dmitry Fedotkin and said he denied any wrongdoing, according to Reuters.
Fedotkin’s profile...
Russia tapped the global debt market on Thursday for the first time this year by opening order books on two sovereign euro-denominated Eurobonds in a bid to secure additional funding, Reuters reported.
Moscow has been seeking additional sources of funding to make up for a budget shortfall caused by lower...
Russia’s fragmented e-commerce market is forecast to grow by more than 40% to 2.5 trillion roubles ($32.4 billion) this year, according to Euromonitor research group, and by 10-15% a year over the next five years, Reuters reported.
Revenues at Ozon, a Russian version of U.S. e-commerce giant Amazon.com Inc, surged...
No Turkish peacekeeping missions will be dispatched to the territory of Nagorno-Karabakh, Russian Foreign Minister Sergey Lavrov told Russian and foreign media in an interview concerning crucial issues on the international agenda, TASS reported.
"No peacekeeping units of the Turkish Republic will be dispatched to Nagorno-Karabakh. There is a clear...
