After just one week of post-lockdown life, economic activity in Moscow is almost back to normal, with trade and services turnover reaching 98 percent of pre-pandemic levels in the Russian capital, Russia Today reports.
“Since the beginning of the month, we have seen a steady and positive dynamic in the...
The United Kingdom said on Thursday that China, Russia, and Iran were looking to exploit weaknesses shown by the coronavirus outbreak, amid suggestions Beijing had used the crisis to push through new security legislation for Hong Kong, Reuters reported.
“Coronavirus and the challenges that it has created has created an...
Kremlin is worried about reports of clashes between the military of China and India on the border in the Himalayas, but they believe that the two countries will be able to resolve the conflict themselves, said Kremlin spokesman Dmitry Peskov.
“We are watching with great attention what is happening on...
Russia’s unemployment rate stood at 6.1% in May, Labour Minister Anton Kotyakov said on Wednesday, an increase from 5.8% recorded in April by the state statistics service, Reuters reported.
Speaking at a conference run by the Russian Union of Industrialists and Entrepreneurs, Kotyakov said the domestic labor market had made...
Europe's largest bank, HSBC Bank revisits the plan to reduce 15% of its 235,000 employees worldwide, Kommersant informs citing Reuters.
Initially, HSBC management announced plans to reduce 35,000 employees in February, when it reviewed the data of 2019. The bank's performance results were weak, given a 53% drop in profits...
Russian conglomerate Sistema and the Russia-China Investment Fund (RCIF) have cut their stakes in children’s goods retailer Detsky Mir in Moscow’s first share offering since the coronavirus pandemic struck, Reuters reported.
Sistema and RCIF said they had raised about 11 billion roubles ($158 million) by selling 117.8 million shares, or 15.94%...
Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow would welcome efforts by Washington to use its influence to help reach a ceasefire in Libya, the RIA news agency reported.
Since 2014, Libya has been split, with the internationally recognized government controlling the capital, Tripoli, and the northwest, while...
U.S. ambassador to Russia John Sullivan said on Monday that Russia’s sentencing of former U.S. marine Paul Whelan to 16 years in jail for spying would harm relations between Moscow and Washington, the Interfax news agency reported.
Whelan’s lawyer said after the verdict that his client had been told he...
Residents of Moscow were able to return to museums and summer terraces on Tuesday for the first time in more than two months as the Russian capital rolled back more coronavirus curbs despite continuing to record over 1,000 new daily infections, Reuters reported.
Starting on Tuesday, museums, libraries, and zoos...
Moscow and Tehran will sign a declaration today on enhancing the role of international law, Russian Foreign Minister Sergey Lavrov told reporters at a news conference on Tuesday following talks with his Iranian counterpart Mohammad Javad Zarif, TASS reported.
"Today we will sign an important document, a declaration of the...
