Source: Russia, Saudi Arabia differ on output reduction dealMOSCOW, Apr 7 (PRIME) – There is no agreement between Russia and Saudi Arabia on the volume of oil output reduction, a source familiar with preparation of a meeting by the OPEC+ secretariat, said on Tuesday.
Central bank promises to intervene if banks misuse support
MOSCOW, Apr 7 (PRIME)The central bank is monitoring interactions of banks with their clients during the pandemic and will intervene if the banks use the support measures for wrong purposes, Chairwoman Elvira Nabiullina told reporters on Tuesday.
Antitrust offers to raise gas prices for industry, people 3% Jul
MOSCOW, Apr 7 (PRIME)Russia's Federal Antimonopoly Service has prepared draft orders to index the regulated wholesale gas prices for the industry and households by 3% in July, according to the documents seen by PRIME on Tuesday.
Severstal to distribute 500 mln rbl among workers as compensation
MOSCOW, Apr 6 (PRIME)Alexei Mordashov, chairman of the board of directors of Severstal, has ordered the company to distribute 500 million rubles to the employees as compensation for the coronavirus pandemic, Severstal said in a statement on Monday.
Yandex.Taxi says to use aid fund in Armenia, Georgia, Kazakhstan
MOSCOW, Apr 7 (PRIME)Russian online taxi hailing service Yandex.Taxi will expand its 500 million ruble fund for support of drivers and couriers, hurt by the coronavirus, to Armenia, Georgia, and Kazakhstan, the company said on Tuesday in a statement.
MOSCOW, Mar 6 (PRIME) -- Russia’s project Sfera, or Sphere, announced by President Vladimir Putin in 2019, will comprise 17 orbit groups, the Federal Communications Agency’s Director Oleg Dukhovnitsky told PRIME in an interview, published on Friday.