American sanctions imposed this week against Rosneft Trading, the brokerage arm of state-run oil giant Rosneft for selling Venezuelan oil, are illegal and will not affect relations between Moscow and Caracas, Kremlin spokesperson Dmitry Peskov told reporters, according to TASS.
"Such restrictions, which we consider illegal from the point of international law,...
Turkmen officials and businessmen from the Turkmen Union of Industrialists and Entrepreneurs met with the heads of some of the biggest St. Petersburg-based companies this week, Trend news agency reported.
The sides exchanged views on the prospects for cooperation, including the participation of St. Petersburg’s enterprises in joint implementation of...
Chinese diplomats were dumbstruck after Russia barred entry to Chinese citizens as a coronavirus prevention measure, business daily Kommersant reported Wednesday.
Russia announced the temporary entry ban for Chinese tourists, workers, students and private travelers starting Thursday. The suspension does not affect non-Chinese nationals traveling from China, and Chinese transit passengers will be allowed to...
Sheremetyevo Duty-Free, a joint venture between Moscow’s Sheremetyevo Airport, Gebr Heinemann and Greenway, has launched its luxury marketplace in the airport’s new Terminal C, Passenger Terminal Today reported.
The first outlets to open are two multi-brand stores in the Fashion and Accessories and Watches and Jewellery categories (FAWJ).
The portfolio will...
Russia’s troubled Utair Airlines has come up with a new development strategy for 2020 through 2025, RBC reported last week. The core of the rescue plan is a combination of a fleet renewal programme with the introduction of Boeing 737 MAXs, as well as concentrating on medium-haul services and the further...
Russia’s flag carrier Aeroflot has canceled half of its flights to and from China as inbound traffic from there has drastically declined due to coronavirus fears, Lenta.ru reported.
The state-run airline, the only Russian carrier operating flights to China, said it will reduce the number of flights from Moscow to Beijing...
The United States has imposed financial penalties on Rosneft Trading, an oil brokerage firm owned by Russian energy giant Rosneft, for operating in Venezuela's energy sector in violation of U.S. sanctions on the South American country, The New York times reports.
In a statement on February 18, Secretary of State Mike Pompeo...
Tourist arrivals to Russia have surged by 20.5% in 2019, official figures cited by the Association of Tour Operators of Russia (ATOR) on Monday reveal, according to RT.
More than five million tourists visited Russia in January-December 2019, according to ATOR’s breakdown of Federal Security Service (FSB) border service data, up...
The number of smartphones in Russia sold via the Internet is growing, with the share of online sales rising by 3 percentage points to 17% individually and up to 20% in monetary terms, Izvestia writes citing data provided by GfK.
In addition to the fact that the same smartphone models can...
The biggest oil producer in Russia, state-run Rosneft, has pledged to invest around $5 billion in eco-friendly projects over the next five years, the company said on Monday, according to Reuters.
The announcement for the plan comes after British giant BP, which owns of 19.75% of Rosneft, pledged deep cuts...
