Russia

Russian Discount Retailer Fix Price Expanding to Serbia

Russian discount retailer Fix Price plans to open stores in Serbia later this year, the Kommersant business newspaper reported Wednesday, citing job…

Putin Authorizes U.S. Hedge Fund to Buy Russian Securities

Russian President Vladimir Putin authorized a U.S. hedge fund to purchase securities in Russian companies from 11 other funds, mostly…

Russia’s Superjet Airliner Completes First Test Flight With Domestic Engine

Russia’s Superjet airliner completed its first test flight using the domestically produced PD-8 engine, state defense and industrial conglomerate Rostec announced Monday.…

Russia’s Budget Deficit Grows to 1.3% of GDP in January-February

Russia’s budget deficit for the first two months of 2025 reached 2.7 trillion rubles ($31.6 billion), driven by a 30.6%…

U.S. Chamber of Commerce in Russia Pushes to Lift Aviation Sanctions

The American Chamber of Commerce in Russia (AmCham Russia) is calling for the removal of sanctions on the country’s aviation…