U.S. trade restrictions against Iran may cancel Tehran’s plans to buy SukhoiSuperJet 100 airliners from Russia to boost its ageing air fleet, Defense World reported.
The jets reportedly have more U.S.-made parts than are allowed for export without Washington’s approval, the report said.
Russia and Iran sealed a deal for the...
Pegas Touristik, a Russian tour operator which organizes about 300 charter flights every season, has decided to discontinue its charter operations in India’s Goa from January 12, The Times of India reports.
Joao Xavier Miranda of Cicerone Air Transport Services, an airline representative firm, said Pegas’ decision is due to...
GM Uzbekistan, а joint venture between U.S. automaker General Motors and local company Uzavtosanoat, continues negotiations on the creation of an assembly plant in Russia, Trend news agency reports.
Jahongir Tillaev, director of sales and service for GM-Uzbekistan, was quoted as saying the move would benefit both the company and...
The three Baltic states, Estonia, Latvia, and Lithuania, are planning to complete the switch from the Russia-Belarus energy grid to the European grid by 2025, as part of the European Union’s long-term strategy of reducing reliance on Russian energy, TASS reported.
European Commission Vice President Maros Sefcovic will discuss the...
South Korea-based carmaker Hyundai Motor Co. sees growth in the Russian auto market slowing sharply next year, the head of the company’s Russian branch said recently, according to Reuters.
Automobile manufacturers have warned Russia's plan to raise value added tax (VAT) in 2019 would hit car sales, which...
Russian gas flows into Germany and Slovakia combined rose by 2% in the 2018 year to year after December flows came in at their second-highest level for a calendar month, data from S&P Global Platts Analytics showed.
Total supply through the Nord Stream, Yamal, and Brotherhood pipelines stood at 132.5...
Chinese tech conglomerate Huawei has overtaken Korea’s Samsung to become the largest seller of smartphones in Russia, Gizchina reports citing data from industry analysis firm Counterpoint Research. Huawei moved from second with 24% of the smartphone market in the second quarter of 2018 to now sit first with 31% of the...
The United States Treasury Department's Office of Foreign Assets Control (OFAC) has notified Congress of its intent to terminate sanctions on three systemically important companies tied to Russian oligarch Oleg Deripaska on Wednesday, Jdsupra.com reports.
At the same time, OFAC said it was imposing severe blocking sanctions on a slate...
Russia and China have approved the list of 10 Russian and 10 Chinese companies that received licenses to supply dairy products to and from the two countries, Russia’s agriculture watchdog Rosselkhoznadzor has said, according to TASS.
The list of Russian and Chinese dairy products producers that have access to the...
The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank (VEB), Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created legal lab will also represent blockchain businesses in court, Bitcoin.com reported.
Huobi, which is currently the third largest...
