Monday, June 22, 2026
Russia’s suspended athletics federation said on Wednesday it had paid a multi-million-dollar fine to World Athletics in a move that could help it avoid expulsion by the sport’s global governing body, Reuters reported. Last month World Athletics said the federation would be expelled if it failed to pay $6.31 million,...
Cyprus has agreed to Russia’s terms on raising the tax on dividend and interest to 15%, Russia’s Finance Ministry said in a statement on Monday, TASS reported. "As part of the talks the Republic of Cyprus agreed to the terms of the Russian Federation on making changes to the Russian-Cypriot...
A magistrates' court in Moscow has imposed a fine of 1.5 million rubles on Google LLC for a repeated violation related to the search engine's insufficient filtering of content banned in Russia. "A court circuit magistrate in the Tagansky district of Moscow has found Google LLC guilty of committing an...
Russia reported 5,189 new cases of the novel coronavirus on Sunday, bringing its nationwide tally to 887,536, the fourth largest caseload in the world, Reuters reported. Russia’s coronavirus taskforce said 77 people had died over the last 24 hours, pushing its official death toll to 14,931.
Fitch Ratings has affirmed Russia's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB' with a stable outlook, the international ratings agency said in a statement on Friday, TASS reported. "Russia's 'BBB' IDRs balance its credible and consistent policy framework, and robust public and external balance sheets, underpinned by a solid...
The number of operating oil and gas rigs in July fell to a record low on a global level, as evidenced by the data of the American oil service company Baker Hughes. On average, 1,030 installations were operating in the world last month against 1,073 in June. At the same...
About 20% of Russian catering establishments were forced to close by the beginning of the third stage of lifting all restrictions related to the pandemic, Sergey Mironov, Vice-President of the Federation of Restaurateurs and Hoteliers of Russia (FRHR), public ombudsman in the restaurant business at the office of the...
MSC Mediterranean Shipping Company (MSC) has introduced Golden Horn to connect China and South Korea with the east coast of Russia. The service will complement the company’s current intra-Asia network. The new weekly service will connect the largest container terminal in Vostochniy in eastern Russia with the largest container ports in...
Russia and China are building a “financial alliance” and look set to “ditch” the dollar, according to a report on the Nikkei Asian Review website. The financial news website reports that the US dollar’s share of trade between Russia and China “fell below 50 percent for the first time on record” in...
Russian bank TCS Group Holding reported on Thursday a 25% rise in second-quarter net profit, but said it expects full-year earnings to fall as it reintroduced guidance after scrapping it last quarter due to the COVID-19 pandemic, Reuters reported. The Russian banking sector has taken a hit from the coronavirus...