Russia plans to spend about $72 billion on a plan to restore the economy following the coronavirus shutdown, Prime Minister Mikhail Mishustin said Tuesday.
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Russian small businesses reopen to uncertain future
When Moscow authorities closed non-essential businesses to stop the spread of the coronavirus, Boris Kupriyanov began to personally deliver books to his customers.
Russia's Aeroflot reports 95% April passenger drop
Russia's biggest carrier Aeroflot on Monday said it registered a 95 percent drop in passengers in April compared to last year, as the coronavirus ground travel to a halt.
The oil and gas sites hit by coronavirus in Russia, Kazakhstan
Coronavirus outbreaks have swept through several oil, gas and mining sites in Russia and Kazakhstan, where major international firms from Total to Chevron and local giants like Gazprom are operating.
Russian economy to shrink 9.5% in Q2 in virus standstill
Russia's economy is forecast to shrink by 9.5 percent in the second quarter of 2020 compared to the same period last year, while yearly GDP will fall by five percent, economy minister Maksim Reshetnikov said on Thursday.
Virus-hit Russian gold mine reports death as army intervenes
A worker at Russia's largest gold mine has died from coronavirus, the operating company said Thursday, as troops set up quarantine camps to contain a major outbreak at the facility.
Russian Q1 economic growth slows to 1.6 percent
Russia's economic growth slowed to 1.6 percent in the first quarter, the state statistics agency said Tuesday, before the full impact of the coronavirus and low oil prices becomes visible later this year.
Gazprom considers second gas pipeline to China
Russia's Gazprom said Monday it was launching feasibility studies on constructing a second gas pipeline to China that would more than double the volumes it could deliver to the energy-hungry nation.
Russia offers virus-hit airlines $316m subsidy
The Russian government on Thursday announced an emergency handout valued at $316 million for airlines struggling because of the coronavirus pandemic.
Encrypted messenger Telegram ends cryptocurrency project
The Telegram messaging service has announced it is ending an ambitious cryptocurrency and payments system project after a legal battle with regulators in the United States.
Car sales in Russia plummet 72%
Cars sales in Russia plummeted by a historic 72.4 percent in April, manufacturers said Wednesday, after the industry was hit by the sweeping restrictions imposed to slow the coronavirus pandemic.
Putin lifts Russia's coronavirus 'non-working' period from Tuesday
President Vladimir Putin on Monday said Russia's non-working period imposed to contain the spread of the coronavirus will be lifted from Tuesday.
Russia sees record rise as virus cases surge past 100,000
Russian Prime Minister Mikhail Mishustin on Thursday announced he has tested positive for the coronavirus, as the country's number of confirmed cases surged past 100,000 after its largest daily increase.
Coronavirus lockdown adds to misery of Moscow's homeless
With Moscow residents shut in their apartments during the COVID-19 lockdown, an estimated 15,000 homeless people are not getting the street handouts they often used to buy food.
Russia's Gazprom posts 17% hit to net profits in 2019
Russian energy giant Gazprom on Wednesday announced a 17 percent drop in net profit last year compared to 2018, over lower prices and falling sales to Europe.
Putin warns Russia has not reached peak of virus infections
President Vladimir Putin warned Tuesday that Russia had not yet reached the peak of coronavirus infections but said that a 'phased exit' from the country's lockdown measures could begin in two weeks.
Russia suspends grain exports until July 1
Russia, the world's largest wheat exporter, is suspending grain exports, including wheat, rye, barley and corn until July 1, the ministry of agriculture said Sunday.
Russia central bank sees GDP drop of up to 6% in 2020
Russia's Central Bank on Friday said the economy would shrink by four to six percent this year, as hopes of a revival were dashed by the coronavirus and falling oil prices.
For Russians, humble dacha provides refuge from coronavirus
After years spent on submarines with Russia's Northern Fleet, Ivan Chernyshyov is having no problem adjusting to life on coronavirus lockdown—especially as, like many Russians, the retired sailor can escape to the countryside.
Short on protective gear, Russian medics fear infecting patients
As the number of COVID-19 cases across #Russia grows, doctors, nurses and other medical staff—especially outside Moscow—are worried that instead of helping people during the pandemic, they are infecting them.