Vladislav Filev, the owner of Russia’s largest private air carrier S7 Airlines, said in an interview with Kommersant Thursday that the country’s airline industry will …
Russian Airlines Need $5bn in State Aid to Survive: S7 Airlines CEO Read More »
Russian nationwide food and necessities delivery service SberMarket has unveiled its 1Q20 performance figures, which show the company’s turnover increased five-fold to 1.5 billion rubles …
Delivery Service SberMarket Sees Five-fold Jump in Q1 Turnover amid Pandemic Read More »
Russia is well-known for being among the world leaders in exporting grains and sunflower oil, but now the country has also broken into the international …
Russia’s state-run oil giant Rosneft is considering the future of its trading arm after it was placed under U.S. sanctions in February for its role …
Rosneft Could Close Venezuela Subsidiary Hit by U.S. Sanctions: Sources Read More »
Russia ranks 6th in the list of countries that grew the most billionaires in the past decade, Forbes magazine reported on Thursday. The country has …
Forbes: 38 Russians Became Billionaires in Past Decade Read More »
Journalists at the Russian business newspaper Vedomosti have rebelled against their new management after the paper’s editor was accused of banning criticism of constitutional amendments …
Vedomosti Staff Rebel against New Editor-in-Chief’s Censorship Read More »
The Russian government has announced the allocation of 300 million roubles (US$4 million) from reserve funds to flag carrier Aeroflot to subsidize the continuation of …
Aeroflot to Receive $4mn in State Help to Keep Kaliningrad Flights Read More »
Russia’s southern regions, the country’s main area for wheat production and exports, are still gripped by dry weather, analysts said on Monday, with one consultancy, …
Persistent Dry Weather Lowers Forecast for Russia’s Wheat Crop Read More »
Russia may need to borrow an additional 1.5-2 trillion rubles ($20-26.7 billion) to support its economy as a consequence of the coronavirus outbreak, First Deputy …
Russia at Least $20bn Short in Battle with Economic Crisis, Deputy PM Says Read More »
Russian investment professionals said in a poll by BCS Global Markets this week that they expect the effects from the COVID-19 outbreak on the Russian …
Investors Expect Coronavirus Crisis to Peak in Late-May: BCS Premier Read More »
