The Russian Association of Air Transport Operators (AEVT) has pleaded with the country’s transport ministry to take urgent measures to protect Russia’s air transport industry from collapse amid the coronavirus crisis, Russian Aviation Insider writes.
The measures proposed include waiving value-added tax (VAT) payments, boosting state subsidies for regional air...
UAE’s Etihad Airways on Friday added Russia along other routes to its list of suspended services, as the coronavirus continues to hit the global aviation industry hard, The National reports.
The Abu Dhabi-based airline said services from the UAE capital to several cities in India, Kazakhstan, Russia, the Maldives, and...
Russia’s First Deputy Prime Minister Andrei Belousov said in an interview with the ‘Vesti v Subbotu’ (News on Saturday) program on the Rossiya-1 TV channel that oil prices should reach about $35-40 per barrel.
"My estimation is that will adjust at the level of about $35-40. There are other...
A test designed to improve the ability of Russia’s domestic internet infrastructure to cope with being cut off from the global network was postponed due to the coronavirus crisis, the Communications Ministry said on Friday, according to TASS.
The test, planned for Thursday, had been aimed at developing ways to...
Sheremetyevo International Airport‘s Deputy Director General today announced that airport’s terminals E and C will close from March 20 on. All the flights that were handled by terminals E and C will be transferred to terminals D and F.
“From midnight, March 20, we close terminals E and C for...
A shortage in the supply of quality potatoes is resulting in an increase in prices in this segment, EastFruit analysts say.
According to the analysts’ daily monitoring, the limited supply of high-quality potatoes, as well as the increased demand for these products by wholesale companies and retail chains, has allowed...
The Bank of Russia decided to keep its key interest rate at 6% at a board meeting Friday, bucking a global trend for interest-rate cuts, the Moscow Times reports.
The regulator is keeping borrowing costs on hold to contain a more than 20% slump in the ruble this year. The...
Moscow and Riyadh are not waging any wars over oil prices, Russia’s presidential spokesman Dmitry Peskov said on Friday, according to Finanz.ru.
He said he is certain that other states “should not interfere in the partnership between the two countries.” "There are no price wars between Russia and Saudi Arabia....
A number of Russian state agencies announced Thursday they would open "hotlines" to receive complaints from businessmen and to help them cope with the current difficulties and restrictions caused by the spread of coronavirus, Trans.ru reported.
Opora Rossii, an organization bringing together Russian small-and medium-sized enterprises, plans to unite its...
Major players in Russian video streaming services are securing funding and launching original content production, as the segment is recording strong growth, bneIntellinews writes.
In 2019, Russian online video streaming segment grew by 50% to reach 17.1 billion rubles ($237.5 million), a study by TMT Consulting says, adding that this year,...














