Hundreds of thousands of Moscow’s small businesses are unable to comply with new restrictions introduced by Mayor Sergei Sobyanin to contain the second wave of the coronavirus, The Moscow Times reported.
Sobyanin has ordered the capital’s employers to ensure at least 30% of their staff are working remotely in an...
Russian state-controlled diamond producer Alrosa expects its fourth-quarter sales to stabilize year on year as demand for precious stones is recovering, its chief executive, told a meeting with President Vladimir Putin on Monday, Reuters reported.
Alrosa, the world’s largest producer of rough diamonds, has been hit by the coronavirus pandemic,...
A Russian Foreign Ministry spokeswoman said on Thursday that a decision by Poland to impose a hefty fine on Gazprom GAZP.MM for its part in the Nord Stream 2 gas pipeline project was taken to please Washington, Interfax news agency reported.
According to Reuters, Poland on Wednesday fined the Russian...
The Norwegian Nobel Committee awarded the 2020 Peace Prize to the UN World Food Program (WFP), TASS reported. The laureate has been announced by Berit Reiss-Andersen, the chair of the Committee, on Friday.
The Committee awarded the prize to the WFP "for its efforts to combat hunger, for its contribution...
Russia continues to boost its gold and foreign exchange (forex) holdings, which have reached a total of $585.8 billion according to the latest data released by the country’s central bank, RT reported.
The nation’s international funds grew by $5.1 billion, or about 0.9 percent, from September 25 to October 2....
Kazakhstan’s central bank sold $232 million from its reserves on the domestic market last month in its first interventions since March to prop up the tenge currency, it said on Thursday, Reuters writes.
The interventions came on top of foreign exchange sales from the National fund to the tune of...
The number of COVID-19 infections in Russia over the past 24 hours increased by 11,615, the anti-coronavirus crisis center told reporters on Tuesday, TASS reported.
This is the highest growth since May 11. Then 11,656 cases were confirmed nationwide in one day which became the highest growth during the entire...
JPMorgan is looking to bolster its Russian private banking team with two new appointments, the bank said in an internal memo seen by Reuters.
Anton Denisov, previously a senior relationship manager at Credit Suisse responsible for ultra-rich clients in emerging markets, will join the U.S. lender’s Zurich office as a...
Russia’s Norilsk Nickel estimates the environmental cost of a huge fuel spill in the Arctic in May is 21.4 billion rubles ($273 million), far less than an assessment by the country’s environment watchdog, which has begun court action, Reuters reported.
The spill released 21,000 tonnes of diesel into rivers and...
Negotiators from Russia and the United States met on Monday in Helsinki for a new round of nuclear arms control talks, Deutsche Welle reported citing Finnish officials.
The one-day meeting was set to center around the future of the New START treaty. The pact limits strategic nuclear weapons and is...
