News

Russia in talks to produce anticoronaviral drugs in Latin America
The sphere of application of Russia's joint effort with Latin American countries is rather varied, the top diplomat noted.
Business in Russia
Russia Upgrades Economic Outlook on Strong Data
The hit to GDP is expected to be less severe than first thought.
Business in Russia
Russian Bank Issues First Crypto-Backed Loan
Cryptocurrency tokens were used as collateral for a personal loan for the first time in Russia.
Business in Russia
Happy Malaysia Independence Day 2020
Happy Malaysia Independence Day 2020
Events
OPEC countries fulfill their obligations under oil production cut deal by 97% in July
The oil production increased by 0.98 million barrels per day.
Business in Russia
Russian Economy Shrank 8.5% in Second Quarter
Fall in GDP is less severe than government and Central Bank feared.
Business in Russia
Russian COVID-19 vaccine to enter circulation on January 1, 2021
Russia’s Health Ministry has registered the vaccine against the coronavirus infection developed by the Gamaleya Research Center as a solution for injections. It will appear in circulation starting on January 1, 2021, the website of the State Register of Pharmaceuticals reported on Tuesday.
Business in Russia
About 20% of restaurants closing in Russia after end of self-isolation regime
About 20% of Russian catering establishments were forced to close by the beginning of the third stage of lifting all restrictions related to the pandemic, Sergey Mironov, Vice-President of the Federation of Restaurateurs and Hoteliers of Russia (FRHR), public ombudsman in the restaurant business at the office of the Ombudsman for the Protection of the Rights of Entrepreneurs in Moscow, told TASS.
Business in Russia
Fitch affirms Russia’s sovereign rating at BBB, outlook stable
Russia’s Finance Minister Anton Siluanov told reporters that the move demonstrates the sustainability of Russia’s macroeconomics.
Business in Russia
Online retailer Ozon, car dealer Avtomir to launch first online car sales via marketplace

At the launch stage, sales of new cars will be carried out in Moscow and the Moscow region.
Business in Russia