Sberbank has no plans to write off a 150 billion ruble ($2 billion) state subordinated loan secured during the financial crisis of 2008-09, Russia’s top bank said on Tuesday, Reuters reported.
Sources told Reuters on Monday that Sberbank had secured the right under certain conditions to write off the loan...
Russian oil producer Gazprom Neft on Tuesday said it had signed an agreement with Shell to establish a joint venture to develop a large-scale hydrocarbon cluster on the Gydan peninsula in Siberia, Reuters reported.
The deal is scheduled to close in 2020, Gazprom Neft said, after which both partners will...
The number of people in Russia diagnosed with COVID-19 grew by 5,842 in the past 24 hours, fewer than 6,000 cases have been reported for two days in a row, the anti-coronavirus crisis center said on Tuesday.
According to the crisis center, the number of infected people has climbed to...
Nearly 230,000 confirmed cases of the novel coronavirus infection were registered worldwide on July 20, with the overall number of such cases exceeding 14.3 million, the World Health Organization (WHO) said in its daily bulletin on Monday, as quoted by TASS.
As of 11:00 Moscow time on July 20, as...
The Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and Sheremetyevo International Airport announce the launch of express-testing for coronavirus, using EMG systems, for arriving and departing passengers.
It is a pilot project for Russia’s transport industry. The express service for COVID-19 diagnostics providing the most reliable result in...
Vadim Tarasov, director of the Sechenov Medical University’s Institute for Translational Medicine and Biotechnologies, has refuted media allegations that Russian elites were inoculated against the novel coronavirus infection back in April as rumors and speculations, TASS reported.
"We conducted pre-clinical tests, we conducted clinical tests. The medicine has not yet...
Russian President Vladimir Putin has not yet been vaccinated against COVID-19, a disease caused by the novel coronavirus, Kremlin Spokesman Dmitry Peskov told reporters on Monday, TASS reported.
"No," he said, answering a corresponding question. "It has not been certified yet. It wouldn’t be good for a head of...
Russian President Vladimir Putin has signed a law ratifying the protocol to the intergovernmental agreement on providing a loan to Venezuela by Moscow, which guarantees timely debt repayment to Russia, RIA Novosti reported.
The law was published on the official website of the legal information of the Russian government on...
The developer of the Nord Stream 2 gas pipeline said July 20 the investments needed to complete the 55 Bcm/year link could be blocked if the U.S. imposed sanctions against companies involved in the project, S&P Global informed.
In a hardening of its position against Russian energy export projects, the...
The mayor of the Russian Arctic city of Norilsk who was charged with negligence last month over a major fuel spill in the region resigned on Monday, the RIA news agency reported.
State investigators opened a criminal case against Norilsk’s mayor, Rinat Akhmetchin, after 21,000 tonnes of diesel leaked from...
