Ukrainian President Volodymyr Zelenskiy on Monday instructed his government to prepare a formal decision to halt direct flights between Ukraine and Belarus, the president's office said in a statement.
Vietnam's health minister said on Wednesday that Russia had agreed to provide it with 20 million doses of its coronavirus vaccine Sputnik V this year, as the Southeast Asian country races to secure supplies to expedite mass inoculations.
3 Min Read
MOSCOW (Reuters) -Russia’s economy avoided catastrophe during the height of the COVID-19 pandemic and is now approaching pre-crisis levels, President Vladimir Putin said on Friday, an assertion backed up by data showing a 34.7% jump in retail sales in April.
FILE PHOTO: A shop assistant puts a sale sign on a show window in Moscow, Russia June 18, 2020. REUTERS/Shamil Zhumatov
Russia’s commodity-dependent economy is on the mend after a 3% contraction in 2020, its sharpest in 11 years, when lockdown restrictions stifled economic activity, but officials say a recovery to levels of late 2019 is imminent.
Retail sales, a barometer of consumer demand and Russia’s key economic driver, rose 34.7% in year-on-year terms, the Federal Statistics Service Rosstat said, beating a 23% increase forecast in a Reuters poll of analysts.
Belarusian bonds fell on Monday amid mounting criticism from Western nations over the forced landing of a flight, while most other emerging market currencies gained against a weaker dollar.
By Reuters Staff
2 Min Read
FILE PHOTO: Delimobil car sharing company logo is seen on a vehicle amid the outbreak of the coronavirus disease (COVID-19) in Moscow, Russia May 20, 2020. Picture taken May 20, 2020. REUTERS/Maxim Shemetov
ST PETERSBURG (Reuters) -Russia’s second-largest lender VTB has bought a $75 million minority stake in car-sharing provider Delimobil, the company said on Friday, ahead of its planned stock market listing in New York.
VTB said it would buy a stake of around 15% in Delimobil, which runs a fleet of cars which can be hired by the minute in Russia’s largest cities including Moscow, St Petersburg and Kazan.