Standard & Poor's (S&P) global rating agency confirmed Russia’s sovereign credit rating at BBB-with a "stable" outlook, the agency said in a report, TASS reported.
The decline in oil prices, reduction of oil output under the OPEC+ deal, and the negative consequences of the COVID-19 pandemic will lead to a...
Oil prices rose on Wednesday after a sharp drop in U.S. crude inventories, with the market waiting for more direction from a meeting later in the day on the future level of production by OPEC and its allies, The Economic Times reported.
Brent crude futures were up 10 cents, or...
Russia reduced investments in treasury bills of the U.S. Treasury in May by $1.459 billion compared with the previous month, Interfax reported.
According to the U.S. Treasury, at the end of May Russia owned U.S. Treasury bonds totaling $5.394 billion against $6.853 billion a month earlier. Including Russian investments in...
The Russian Fuel Union sent Prime Minister Mikhail Mishustin a letter about the difficult pricing situation in which independent gas stations found themselves, Interfax reports.
The union offered the head of government measures to normalize the situation and asked for help in resolving the issues raised, said the head of...
Russia expects a deal with AstraZeneca for it to manufacture a COVID-19 vaccine being developed by the pharmaceuticals giant and Oxford University to go ahead despite allegations it has been trying to steal vaccine data, its wealth fund head said, Reuters reported.
Britain’s National Cyber Security Centre said on Thursday...
Sheremetyevo Airport, Russia’s busiest, has postponed the construction and renovation of two terminals by at least four years to the 2030s due to the coronavirus pandemic, it said in an annual report, Reuters informed.
The more-than $400 million investment in Terminal C2, part of a development programme worth around $2.5...
Russian Energy Minister Alexander Novak said on Thursday he expected global oil demand to recover significantly in August and improve to 10% below the levels seen prior to the coronavirus crisis, Reuters reported.
Novak said demand, which was at around 100 million barrels per day (bpd) before the pandemic, dropped...
Russia has documented 6,406 cases of COVID-19, a disease caused by the novel coronavirus, in the past 24 hours, with the total amount of people infected reaching 759,203, the anti-coronavirus crisis center told reporters on Friday, TASS reported.
The daily increase rate has not surpassed 0.9% for the past 11...
Moscow’s municipal authorities hope to avoid another ‘severe outbreak' of the coronavirus infection in the Russian capital, and a new lockdown is very unlikely, Moscow Mayor Sergei Sobyanin told the Komsomolskaya Pravda radio station on Thursday, TASS informs.
"I believe we still have more chances to avoid this . It’s...
Washington’s threat to impose sanctions against the Nord Stream 2 and the second line of the TurkStream gas pipeline projects within the framework of the Countering America's Adversaries Through Sanctions Act (CAATSA) is an undue pressure on the European business and unfair competition, Kremlin Spokesman Dmitry Peskov said on...















