A 20% increase in revenue in February 2020 year-on-year was recorded by Russian pharmacies, even before the coronavirus pandemic reached its current proportions, Izvestia reported on Monday, citing data provided in a monthly report from DSM Group agency.
The volume of the commercial drug market amounted to 100.9 billion rubles ($1.26 billion)...
The authorities of Russia’s Volgograd Region said this month that 18,560 tons of greenhouse vegetables were produced in the region since the beginning of 2020, almost twice the amount as in the same period last year.
According to data provided by the Agricultural Committee of Volgograd Region, the main share...
The price of Brent oil hit its lowest point in almost 18 years on Monday, as investors feared the worsening global coronavirus pandemic while Saudi Arabia and Russia showed no signs of ending a price war, Reuters reported.
As of 0249 GMT, Brent futures were down 6.7%, or $1.68, to...
Russian Minister of Industry and Trade Denis Manturov has proposed to Prime Minister Mikhail Mishustin a series of urgent measures to support the consumer market for a term of six months, TASS reports citing a letter sent to the government, whose authenticity was confirmed by two sources.
The package of...
All Moscow residents will be required to stay in home self-isolation from Monday, Moscow’s Mayor Sergei Sobyanin said on Sunday, according to Life.ru.
"Today, I signed a decree on extra measures to prevent a rapid spread of COVID-2019," he wrote on his blog. "Starting from tomorrow, the home self-isolation regime...
Russian President Vladimir Putin has ordered the government to outline the economic sectors worst hit by the coronavirus outbreak and launch permanent monitoring of the economic situation in order to update this list, Lenta.ru reports.
"I order to define the list of Russian economic fields, which have been the most...
Russia's Agriculture Ministry announced Sunday that the country is limiting its grain exports in response to the growing risks brought on by the coronavirus pandemic, Rossiyskaya Gazeta reported.
From April 1 to June 30, exports of grain - wheat and meslin, rye, barley and corn - outside the EAEU will...
Russia's biggest oil company, Rosneft, said Saturday that it's halting operations in Venezuela and selling its assets there to a company fully owned by the Russian government, Reuters reported.
The move is apparently intended to protect Russia's largest oil producer from U.S. sanctions while Moscow continues supporting Venezuelan President Nicolas...
The U.S. government will not preview its further steps regarding subsidiaries of Russian company Rosneft, which earlier announced that it had sold all of its assets in Venezuela, a U.S. Department of State spokesperson told TASS.
"We do not preview our sanctions activities, but we will continue to look for...
