The Moscow Arbitration Court on July 2, at the request of the interim administration, declared the Orbita insurance company (Moscow) bankrupt, Interfax reported.
The court’s decision, posted on the website, states that the court opened a bankruptcy proceedings against the company for a period of one year and approved its...
The MSCI index of developing-world stocks rose 1.8 percent on Monday to its highest level since February 26. The growth comes as strong economic data from emerging markets gave investors hope of an economic recovery, Russia Today reported.
Chinese stocks were the biggest boost to the index, as the country’s...
A Russian court pronounced journalist Svetlana Prokopyeva guilty of justifying terrorism on Monday, but unexpectedly let her off with a fine, ending a trial her supporters said illustrated growing censorship, Reuters reported.
The state prosecutor had asked the court in the western city of Pskov to jail Prokopyeva for six...
President Vladimir Putin said on Sunday constitutional amendments approved in a nationwide vote created the conditions for Russia’s “progressive development” for decades to come, Reuters reported.
One of the changes approved in the week-long vote that ended on July 1 makes it possible for Putin to seek two more terms...
Russian President Vladimir Putin supported the idea of developing new measures to protect citizens who have lost their bank deposits. He said this on Friday at a meeting with members of the working group on the preparation of amendments to the Constitution of the Russian Federation, TASS reported.
"Let’s work...
A free-trade agreement between the Russian-led Eurasian Economic Union (EEU) and Israel may be concluded in 2020, according to Israel’s Charge d'Affaires Yacov Livne, Russia Today reported.
“One important issue that we are addressing is a free-trade zone between Israel and the Eurasian Economic Union. I think there are all...
Authorities of Cyprus made a proposal to Russia to introduce a series of amendments to the new version of the double taxation avoidance agreement but the Russian side has not yet accepted them, a source in the Cyprus’ government told TASS on Friday.
"Representatives of the Cyprus’ Ministry of Finance...
Belarusian President Alexander Lukashenko has invited Russia’s Sberbank to take part in financing large-scale projects in Belarus, TASS informs.
"We want, like back in the Soviet era, to make a list of innovation facilities to be commissioned in the next five years. We also plan to agree their financing source...
Russia’s services sector shrank for the fourth straight month in June but at the slowest pace since the new coronavirus crisis hit, as the gradual reopening of the economy saw some firms report higher demand, a business survey showed on Friday, Reuters informed.
The Markit Purchasing Managers’ Index (PMI) for...
South Korean midsized builder HDC Hyundai Development Co. said Friday that it has received approval from Russian aviation authorities for HDC’s planned takeover of flag carrier Asiana Airlines, but added that renegotiation of the acquisition terms is still underway, The Investor informed.
Regarding the merger deal involving the air carrier,...
