The trade turnover between Russia and Belarus fell by 21% in six months, Russian Prime Minister Mikhail Mishustin said, TASS reports. According to the PM, last year's trade between the two countries amounted to $35.5 billion, Vedomosti reports.
“Unfortunately, the pandemic has made its own adjustments. During this six months,...
Aeroflot Group has obtained state guarantees to enable it to secure two loans totaling 70 billion rubles ($940 million), and has also received a subsidy worth 7.9 billion rubles, Flight Global reported.
The Russian operator has turned in a net loss of 58.3 billion rubles for the first six months...
The Russian ruble suffered its biggest daily fall in almost six months after the German government said opposition leader Alexei Navalny had been poisoned with Novichok, The Moscow Times reported.
The currency lost more than 2.5% on the news to trade at 75.6 against the U.S. dollar — its lowest reading since...
Reshetnev Information Satellite Systems Company, Russia’s manufacturer of Glonass, Gonets and other communications satellites, has suffered financial losses because of the coronavirus pandemic, the company’s director general, Nikolai Toesoyedov, told TASS on Tuesday.
"Of course, we have suffered financial losses but exact calculations will be done later," he said.
According to...
Russian internet giant Yandex has pulled some of its employees out of its local office in Minsk after the Belarusian security services raided its premises amid the ongoing unrest in the country, The Moscow Times reported.
Some of the company’s Minsk-based staff were moved to Russia last week, and others...
SIA JSC, the operator of Sheremetyevo International Airport, recorded revenue of 10.355 million rubles for the first six months of 2020, when air travel declined sharply worldwide due to the coronavirus pandemic. This was a decrease of 44.2% compared to the same period in 2019.
Aviation activities declined by 47.6%,...
Tatarstan is not snubbed by the financial support from the federal center, but if there are issues in this area, they can be further discussed, said Russian President Vladimir Putin at a meeting on Friday via videoconference with Tatarstan President Rustam Minnikhanov, TASS reported.
Minnikhanov said during the meeting that...
The European Union's appeal in the dispute with Russia on energy adjustments reveals serious structural problems in the trade policy of European countries, as well as changes in the EU policy and approaches as a WTO member, Polina Tonkikh, Director General of the WTO Expertise Center told TASS.
"The intention...
Former CEO of the Energia Rocket and Space Corporation (a Rostec subsidiary) Vladimir Solntsev, as well as a number of other suspects, is charged with misappropriation of over 1 billion rubles ($13 million) during shipments of electronic components for the International Space Station’s Science Power Module, Moscow’s Babushkinsky Court...
Russia on Friday dismissed the head of RUSADA, its national anti-doping agency, in a move that threatens to further strain the country’s relations on the global sports stage, Reuters reported.
Announced on Friday by the agency’s founders, Russia’s Olympic and Paralympic committees, the dismissal of RUSADA general director Yuri Ganus...
