One of Russia's mid-cap food retailers, Lenta, has announced its intentions to acquire the Utkonos e-grocery service for RUB20bn ($270mn) to expand its online market share and acquire unique competences and loyal customer base.
Russia’s Avito topped Similarweb’s list of most visited classified advertisement sites for November 2021, in a sign that emerging markets are taking the lead in this fast-growing sector.
The European Parliament awarded jailed opposition figure Alexey Navalny with the prestigious Sakharov Prize for Freedom on December 15, but spelled both his name and the word “corruption” incorrectly on the certificate.
Russian President Vladimir Putin and his Chinese counterpart, President Xi Jinping, held a virtual summit on December 15 in a show of solidarity against what they called “US aggression.”
Head of state-owned railways will instead step down over contract that allows Belaruskali potash to continue being carried to Port of Klapeida.
A Belarusian court sentenced Sergey Tikhanovsky to 18 years in jail along with several other top opposition figures, journalists and bloggers on December 14 as the Lukashenko regime continued its brutal repression of its enemies.
Russia's largest car dealer Rolf of Sergei Petrov has been sold to rival KlyuchAvto for an undisclosed amount.
Following the two-hour December 7 virtual summit between Russian President Vladimir Putin and US President Joe Biden the Russian Foreign Ministry has followed up and issued a concrete eight-point list of demands on December 10.
Foreign and transport ministers offer to resign after revelation that state-owned railways has continued to transport potash exports of sanctioned regime.
US president reassures Bucharest Nine of commitment after talks with President Putin stoke fears.
Russia could see a 20-25% spike in the prices of imported wines in 2022 due to a poor harvest in Italy and France, supply chain disruptions and higher costs, RBC business portal wrote citing local distributors and retailers.
Prison census finds number of journalists jailed around the world in 2021 hit a new record.
Russian President Vladimir Putin won a major concession from US President Joe Biden, who has agreed to talks involving Russia and four major Nato members to discuss European security arrangements, it was reported on December 8.
The Kremlin was unusually slow to release statements following the two-hour summit on December 7 between Russian President Vladimir Putin and US President Joe Biden, but said that talks have begun on the key issues and would continue.
Putin’s demand that Nato offer guarantees that Ukraine will never join was never something that Biden could consent to.
Belarus' President Alexander Lukashenko made it clear that Minsk’s loyalties lie with Moscow and he would back Russia in the event of a Russian invasion of Ukraine, in a lengthy interview with RIA Novosti.
Europe will create its own strategic gas reserves in order to hedge against future gas shortages, European Energy Commissioner Kadri Simson said at a press conference on December 3.
Brussels imposed its fifth round of sanctions on Belarus on December 2 in response to the migrant crisis engineered by Belarus' President Alexander Lukashenko in November.
US Secretary of State Antony Blinken appealed to his Russian counterpart Foreign Minister Sergei Lavrov to choose diplomacy over coercion in face-to-face discussions in Stockholm but the two sides remain far apart.
Bloc’s giant investment offer may appeal to countries worried by Chinese “debt-trap diplomacy”. Beijing warns against geopoliticising infrastructure.