The European Union’s top court on Thursday upheld sanctions against Russia’s second-largest bank VTB, dismissing the lender’s appeal against the restrictive measures the bloc had first imposed in 2014 over the turmoil in Ukraine.
The sanctions restrict the bank’s access to some financial transactions and to capital markets in the...
The Russian Direct Investment Fund (RDIF) is considering the possibility of investing in several more Favipiravir-based drugs, Chief Executive Officer Kirill Dmitriev said on Thursday, TASS reported.
"Two more companies are finalizing clinical trials of Favipiravir-based drugs in Russia — our portfolio company R-Pharm and Promomed company, which will virtually...
A total of 9,146,000 passengers have passed through Sheremetyevo International Airport in the first five months of 2020, including children under two years of age. Passengers for the month of May totaled 227,153, a figure that is in line with the global passenger air transportation market, according to IATA...
Russia's homegrown Covid-19 vaccine will create immunity for more than two years, according to the director of Moscow's Gamalei Institute of Epidemiology and Microbiology, which developed the drug with the Ministry of Defense, Russia Today reports.
Alexander Ginzburg, the research center's director, explained that the vaccine will be administered to...
A court in Moscow on Tuesday upheld U.S. investor Michael Calvey’s house arrest on fraud charges despite the revelation that he has a malignant tumor, The Moscow Times reported.
Calvey faces embezzlement charges that he says are being used to pressure him in a business dispute. A Moscow court had...
Russian-Venezuelan energy and military-technical cooperation is developing, Russian Foreign Minister Sergey Lavrov said during a meeting with Venezuelan Foreign Minister Jorge Arreaza on Wednesday, TASS reports.
"Venezuela is a friend we can count on in Latin America and on the international stage. We value our strategic partnership developed based on...
President Vladimir Putin raised income tax for wealthy Russians and offered new state handouts to families with children on Tuesday, days before the country votes on reforms that could keep him in power until 2036, Reuters reported.
In a televised speech to the nation, Putin, 67, said Russia’s response to...
More than 133,000 confirmed cases of the novel coronavirus infection were registered worldwide on June 23, with the overall number of such cases exceeding 8.99 million, the World Health Organization (WHO) said in its daily bulletin on Tuesday, as reported by TASS.
As of 11:00 Moscow time on June 23,...
Gold output in Russia continues to grow, increasing by 4.6 percent in the first three months of the year to more than 48 tons, the Union of Gold Producers of Russia said.
According to its data, in January-March, Russian gold mining enterprises produced 64,606kg as a result of associated production....
