Russian banker Oleg Tinkov, who is currently fighting an extradition request from the U.S. from the UK on allegations of underreporting his income, has announced he will resign from the board of directors of Tinkoff, the bank he founded, RIA Novosti reported.
Tinkov said he would leave the board of...
Russia’s largest employer, state-run monopoly Russian Railways, is looking at moving staff to part-time schedules as the coronavirus outbreak reduces rail traffic, RBC reported citing sources.
A letter sent by Russian Railways CEO Oleg Belozerov to members of the board outlined a way the company could limit job losses for...
Up to 83% of Russia’s state grain stockpile will be sold on the domestic market, starting on April 13, the Agriculture Ministry said on Thursday, according to Reuters.
The ministry, which has 1.8 million tons of grain in its stockpile, had previously planned to sell 1 million tons from it.
The...
Russian President Vladimir Putin said on Thursday he was extending a national no-work order through the end of April, hoping to stop the spread of the COVID-19 virus, Vedomosti reports.
Russia reported a spike of 771 new coronavirus patients on Thursday, sharpening a dreaded upward curve in cases. The country...
The coronavirus crisis could cause Russia the worst recession in decades with millions of workers set to lose their jobs, analysts have warned, according to the Moscow Times.
President Vladimir Putin extended an unprecedented shutdown of the Russian economy on Thursday, ordering non-essential businesses to stay closed until the end...
Passenger traffic in Russian airports decreased by 75% in March compared to the same month last year, the International Airport Association said on Wednesday, according to Gazeta.ru.
"Over the past day, the passenger traffic at the largest Russian airports dipped by another 5%. The industry completed March at a 75%...
Russia’s Gazprom said on Wednesday that it restarted natural gas deliveries to China following the completion of regular maintenance at the Power of Siberia pipeline, RIA Novosti reports.
The pipeline had been shut since mid-March as the Russian energy giant and China’s CNPC agreed that it would undergo a maintenance...
A planeload of medical supplies from Russia was sent to the United States on Wednesday under an agreement between President Donald Trump and Russian President Vladimir Putin, The Guardian reported.
State Department spokeswoman Morgan Ortagus said in a statement that the supplies, including masks, ventilators and personal protective equipment, were...
Russian President Vladimir Putin called on Wednesday for global oil producers and consumers to address "challenging" oil markets, Reuters reported.
Oil prices fell nearly 70% from January highs as coronavirus lockdowns hammered demand and as Saudi Arabia and Russia have flooded the market in a race for market share after...
Sheremetyevo International Airport JSC (SVO JSC), operator of Sheremetyevo International Airport, reported revenue of 39,239 million rubles in 2019, an increase of 24.76% compared to the same period in 2018, and net profits of 20,480 million rubles, an increase of 122.22%, the airport's press service said.
Revenue was up 14%...
