Aeroflot on Tuesday reported its first-quarter net loss widened to 22.48 billion roubles ($326.2 million) after traffic tumbled because of travel curbs imposed in response to the coronavirus pandemic, Reuters writes.
In March alone, the carrier’s passenger traffic slumped more than a third from a year ago and was down...
Oil prices rose on Tuesday on expectations that major producers would agree to extend output cuts that have shored up prices, during a video conference likely to be held this week, Reuters reports.
Benchmark Brent crude LCOc1 rose 2.3%, or 88 cents, to $39.20 a barrel as of 0840 GMT....
Finnish forestry group UPM-Kymmene said on Tuesday it would permanently close its Jyvaskyla mill, which produces spruce and birch plywood in central Finland, Reuters informs.
“Competition in the birch plywood market is increasing constantly. New birch plywood capacity has been built especially in Russia, where the production cost level is...
Russians will vote on a package of amendments to the constitution on July 1, President Vladimir Putin has announced. If passed, the new constitution would allow Putin to potentially stay in power until 2036, Russia Today informs.
On Monday, Putin agreed that the proposed date looks "quite suitable for holding...
Moscow agrees with Donald Trump’s criticism of G7 as a “very outdated” institution that does not represent “what’s going on in the world,” but cannot see how it can be improved without China’s participation, Russia Today reports.
The US president lashed out at the group of seven major industrialized nations...
Sheremetyevo Airport has made the needs of children, and adults who are traveling with children, a high priority in the design and functioning of its terminals. The airport terminals have a total of six baby-care and child-care rooms, and open play areas and changing rooms are available in all...
Residents of Moscow can leave their homes to take a stroll for the first time in nine weeks on Monday under a partial easing of a tough lockdown regime following a fall in novel coronavirus cases, Reuters reported.
Moscow Mayor Sergei Sobyanin last week told President Vladimir Putin he would...
The IHS Markit Russia Services Purchasing Index (PMI) was up slightly month-on-month to 36.2 in May from 31.3 in April, but still well below the 50 no-change mark, as the services sector has been crushed by the coronacrisis, bne IntelliNews reports.
The latest headline figure signaled the second-sharpest deterioration in...
Russians exposed to infectious diseases or working in high-risk environments could face penalties for refusing mandatory vaccination, under new regulations. It comes as the country approaches nearly 400,000 Covid-19 cases, Russia Today informs.
Violations of the existing rules on epidemiological safety, such as refusing “prophylactic vaccination” or failing “to undergo...
The Crew Dragon launch received a favorable response from Russia’s space agency, Roscosmos, which said that having two ISS-compatible vehicles will only benefit crews working there, Russia Today reported.
However, Roscosmos also made clear that Russia won’t be sitting on its hands. Vladimir Ustimenko, the spokesman for Roscosmos, tweeted, “What...
