🇷🇺 Russia · Policy & regulation, Business
54 storiesRussian government approves bioeconomy development strategy to 2036
Russia's government approved a bioeconomy development strategy running to 2036, Prime Minister Mikhail Mishustin said at a meeting with deputy premiers, according to official and business outlets. The strategy defines priority areas for bio…
Paramount Skydance closes $110bn Warner Bros. Discovery acquisition
Paramount Skydance completed its purchase of Warner Bros. Discovery for $110bn, and the combined company is named Skydance. Its shares will trade on the New York Stock Exchange under the ticker SKYD, while WBD shares stopped trading on Nasd…
Huawei and Qualcomm sign multi-year patent licensing deal covering 5G and AI
Huawei and Qualcomm have signed a multi-year patent licensing agreement covering 5G, artificial intelligence, computing and networking technologies, with cross-licensing of their patent portfolios. Qualcomm will additionally buy a number of…
Fourth auction to sell Moscow’s Rizhsky railway station fails with no bids
A fourth auction to sell Moscow’s Rizhsky railway station, owned by Russian Railways (RZD), was declared void after no bids were submitted, according to the bidding materials. The lot was offered at a starting price of 4 billion rubles. RZD…
Germany sees threefold rise in military service refusal applications in 2026
Applications to refuse military service in Germany in 2026 were three times higher than a year earlier, RIA Novosti and TASS reported. RBC said the filings came after a new military service system was introduced and exceeded all application…
Vanity Fair names OpenAI's Sam Altman most influential person, ahead of Musk
Vanity Fair has placed OpenAI head Sam Altman first in its ranking of the most influential people, according to TASS, Kommersant and RIA Novosti. TASS reported he also placed ahead of Elon Musk and of Anthropic head Dario Amodei, who is sec…
Sierra Leone ready to lease land to Russian businesses for coffee growing, envoy says
Sierra Leone’s ambassador to Russia, Mohamed Yongawo, said in an interview with TASS that the state is ready to lease land to Russian businesses to grow coffee and that Russian businessmen could buy coffee directly from Sierra Leone to cut …
Moscow to require couriers to pass annual traffic rules test from Oct. 15, 2026
Moscow couriers must pass a mandatory test on traffic rules and work standards, and from Oct. 15, 2026 delivery services in the city cannot assign work to those who have not passed it. Couriers need at least 80% correct answers, with the re…
Russia plans to nearly double three-year internet filtering budget to 60 bln rubles
An appendix to Russia's draft three-year budget allocates almost 60 billion rubles to operating the system that filters and blocks internet resources, up from 32 billion rubles planned for the same period two years ago. The money is to go t…
Russian government closes Moscow Ostafyevo aerodrome and border crossing
The Russian government has decreed the closure of Moscow's Ostafyevo aerodrome for the servicing of aircraft, TASS, RBC and Vedomosti reported. TASS and Vedomosti said the air border crossing point through the state border located there wil…
Russia's draft budget keeps radioelectronics subsidies of up to 35.7 bln rubles through 2029
Russia's draft federal budget for 2027 and the 2028–2029 planning period keeps subsidies for radioelectronics manufacturers at up to 35.7 bln rubles for electronic component base and modules, according to the budget's explanatory note. It a…
SME Corporation: over 90% of entrepreneurs have no barriers to state support
More than 90% of entrepreneurs who assessed their businesses on the МСП.РФ digital platform had no stop-factors preventing them from receiving state support measures, the SME Corporation said, according to RIA Novosti and TASS. CNews report…
Burger King halts two Vladivostok franchise restaurants after staff videos
Burger King said it has stopped operations at two franchised restaurants in Vladivostok and cut the franchisee off from product supplies and corporate systems after videos filmed in a kitchen circulated on social media. The company said it …
FAS finds cartel in school bread supplies in Voronezh region worth over 650 mln rubles
Russia's Federal Antimonopoly Service (FAS) has detected a cartel in bread supplies for schools in the Voronezh region, according to TASS and RIA Novosti. TASS reported the collusion involved kindergartens and schools and was worth more tha…
Russian deputy says pensions will be indexed twice in 2027
State Duma deputy Alexey Govyrin said insurance pensions in Russia will be raised twice in 2027, on 1 February and 1 April, with further adjustments for working, social and military pensioners. He said the February increase will take accoun…
OpenAI in talks with UAE funds over up to $10bn in financing, Bloomberg reports
OpenAI is in talks with several investment funds from the United Arab Emirates, which plan to form a syndicate and invest up to $10bn, Bloomberg reported, according to Kommersant. The money could be part of a round of at least $30bn at a $1…
Red Wings appoints Igor Ivliev as general director, replacing Lebedev
Red Wings has appointed Igor Ivliev, previously its commercial director, as general director, the airline's press service said, according to RBC and Interfax. Interfax reported that Alexander Lebedev, who had headed the carrier since 2025, …
Russia's Federal Tax Service denies mass erroneous EV tax charges
Russia's Federal Tax Service (FNS) denied reports of mass erroneous transport tax charges on electric vehicles, saying the claims do not correspond to reality. The FNS said it applied 2025 transport tax benefits in line with regional laws, …
Federation Council speaker Matvienko proposes ending VAT break for oysters and lobsters
Federation Council speaker Valentina Matvienko proposed cancelling the reduced 10% VAT rate on delicacies such as oysters, lobsters and langoustines, which she said would bring the federal budget about 6 billion rubles. She said the money c…
Putin signs decree allowing sale of 100% of UniCredit Bank's Russian shares
Russian President Vladimir Putin signed a decree permitting transactions involving 100% of the shares of AO UniCredit Bank, which belong to Italy's UniCredit S.p.A., according to RIA Novosti, RBC and Kommersant. Kommersant reported the decr…