En+ Group to Buy Back 21% Stake from VTB Bank for $1.6bn
Russia’s En+ Group said on Thursday it will buy back 21.4% of its shares from state bank VTB for $1.6...
Economy
Russian Retailers Looking to Replace Chinese Food Imports
Russia’s largest retailers such as X5 Group and Magnit are looking for alternatives to Chinese food imports, The Bell reported....
China May Reduce LNG Imports over Coronavirus Fears
Chinese companies, including the China National Offshore Oil Corporation (CNOOC), are reportedly exploring the possibility of temporarily rescinding long-term contracts...
Russia Denies Entry to More Israelis as Visa Spat Escalates
Five Israeli citizens were detained for six hours upon their arrival at Moscow’s airport before being sent back to Israel...
Coronavirus Outbreak Could Slow Down Russian Economy: Analysts
The global coronavirus outbreak could slow the growth rate of Russia’s GDP by 0.11 percentage points, analysts from the country’s...
Obscure Russian Company Sues French Far Right Party to Retrieve $11mn Loan
A little-known Russian aircraft parts company, Aviazapchast, is suing the political party led by French far-right politician Marine Le Pen...