Moscow’s night clubs and restaurants fear a new curfew will trigger a fresh round of hardship for an industry already hit hard by the coronavirus and struggling under what entrepreneurs see as insufficient government support, The Moscow Times reported.
Starting Friday, Moscow’s clubs, bars and restaurants will not be allowed...
Yuri Levin, professor of Queen’s University Smith School of Business specializing in business analytics and artificial intelligence, takes up the position of Dean of Moscow School of Management SKOLKOVO.
“This year Moscow School of Management SKOLKOVO has achieved a remarkable technological breakthrough successfully adapting to the new external conditions caused...
The Russian Federal Air Transport Service authorized Russian airlines to make outbound flights from abroad, with the quota of one flight per week for each route, according to the regulator’s telegram sent to air carriers, with a copy available with TASS.
Several air carriers and not all of them received...
The Russian Export Center considers the goal of increasing the trade turnover between Russia and China to $200 billion by 2024 feasible, the Russian Export Center CEO Veronika Nikishina said on Friday, TASS writes.
"The task set by the leaders of our countries - to reach the level of $200...
A former Russian deputy transport minister has acquired a controlling stake in weapons maker Kalashnikov, the company said on Friday, as reported by Reuters.
Alan Lushnikov, who served as deputy transport between 2017 and 2018, has acquired a 75% stake minus one share in Kalashnikov via a firm called TKH-Invest.
Lushnikov...
The Norilsk Nickel Company (Nornickel) will invest 4 billion rubles ($51 million) by the end of 2021 in new mobile port cranes in Dudinka (the Krasnoyarsk Region), the company’s press service quoted Director of Nornickel’s Polar Transport Division Alexei Novakov as saying, TASS reported.
"Under this program, we plan to...
The Russian authorities are managing to minimize the volatility of the ruble exchange rate and to maintain macroeconomic stability, Kremlin spokesman Dmitry Peskov told reporters on Monday, TASS informed.
"The ruble is breaching psychological thresholds, but volatility is minimized by the efforts of our regulator," a Kremlin spokesman said, commenting...
The Organization of the Petroleum Exporting Countries and Russia are considering deeper oil output cuts early next year to try to strengthen the oil market, one OPEC source and one source familiar with Russian thinking said on Tuesday, Reuters informed.
OPEC and allied producers, led by Russia, together known as...
Many US businesses continue to be interested in the Russian market, which they expect will recover over the next three-four years, Kyle Shostak, director of Navigator Principal Investors, told Sputnik.
"Despite the gloomy geopolitical outlook, quite a few American companies remain interested and expect the Russian market to recover in...
Russian online retailer Ozon said on Tuesday it had filed for an initial public offering of its American Depositary Shares (ADSs) with U.S. regulators, Reuters reported.
The e-commerce firm intends to list the depositary shares the on the Nasdaq Global Select Market. The proposed maximum size of the offering is...
