Russia to increase oil pumping through Druzhba southern branch in June – Kommersant
Russia will increase oil supplies via the southern branch of the Druzhba oil pipeline by 16% per day in June....
Business
Diageo CEO dies
The world's largest producer of alcoholic beverages Diageo informed that its CEO, Sir Ivan Menezes, passed away today after a...
Senators supported the law on the unjustified arrest of entrepreneurs
The Federation Council supported the law developed by the Ministry of Justice, which provides for the liberalization of proceedings in...
US authorities have begun a fundamental review of the regulation of crypto platforms
Lawsuits by the US financial regulator, the Securities and Exchange Commission, filed against two leading crypto exchanges - Binance and...
VTB net profit under IFRS for four months amounted to 208.5 billion rubles
VTB Bank presented financial results in accordance with IFRS for January-April 2023. The group's net profit for this period amounted...
VTB disclosed the state’s share in its capital – Kommersant
VTB raised 94 billion rubles in the second additional issue, Dmitry Pyanov, deputy chairman of the board of the bank,...
Titov supported the bill to reduce fines for businesses
Boris Titov, Commissioner for Entrepreneurs' Rights, supported the draft amendments to the Code of Administrative Offenses, which provide for a...
Zara, Pull & Bear and Oysho brand owner’s profit up 54% in the quarter
Net profit of the Spanish retailer Industria de Diseno Textil SA (Inditex) grew in the first quarter of the financial...
Russian banks issued a record volume of loans in May – Kommersant
The volume of loans issued by Russian banks in May 2023 amounted to a record 1.41 trillion rubles, follows from...
Iran intends to create a gas hub in the Persian Gulf with the participation of Russia, Turkmenistan and Qatar
Iran, with the participation of Russia, Turkmenistan and Qatar, plans to create a gas hub in the industrial region of...
VTB failed to agree with European banks on the exchange of blocked assets
Negotiations on the exchange of VTB's assets blocked in Europe for the assets of foreign banks in Russia have stalled....
Iran intends to create a gas hub with the participation of Russia, Turkmenistan and Qatar
Iran plans to create a gas hub in the Eseluye industrial area on the Persian Gulf with the participation of...
FAS fined Pyaterochka for improper television advertising of discounts for pensioners
The Federal Antimonopoly Service (FAS) fined Pyaterochka 300 thousand rubles. for advertizing of the action "Discounts for pensioners". The regulator...
Pyaterochka fined 300,000 rubles for improper advertising of discounts for pensioners
The Federal Antimonopoly Service (FAS) of Russia fined Pyaterochka 300,000 rubles. for the misleading promotional video about the "Retiree discounts"...
The Central Bank recorded an increase in the number of one-day firms after the launch of the anti-money laundering platform
After the launch by the Central Bank (CB) of the Know Your Customer (KYC) anti-money laundering platform, about 1,000 companies...
