President Vladimir Putin said Russia has passed the peak of the coronavirus epidemic and ordered preparations to resume for military parades marking the 75th anniversary of the World War II Continue Reading
After the hottest winter on record in Russia, spring has brought with it a heatwave to Siberia. The region has witnessed unusually warm weather this month, with temperatures in some parts Continue Reading
Daimler AG is pushing ahead with plans to produce an all-electric version of its flagship Mercedes S-Class sedan from next year even as it cuts back in other areas to weather a Continue Reading
Five years after the massive Dieselgate scandal made global headlines, a German court is now ready to wrap up the case against Volkswagen, ordering the automaker to pay out as Continue Reading
Russia’s President Vladimir Putin has tasked the government with implementing a set of measures aimed at supporting the oil industry for the duration of the OPEC+ production cut agreement. According Continue Reading
Russia is banning imports of refined oil products, including gasoline, diesel, and jet fuel, to protect its refining industry from cheap imports, according to a decree published on Russia’s government Continue Reading
The Russian energy ministry expects the global oil market to balance in June or July as a result of rising consumption, as well as the drop in production in OPEC+ Continue Reading
Lufthansa ( LHAG.DE ), which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some Continue Reading
Russia on Sunday reported 153 coronavirus deaths over the previous 24 hours, the epidemic’s highest daily toll, raising total fatalities to 3,541, the country’s coronavirus crisis response centre said It Continue Reading
The economy of the world’s biggest energy exporter is heading for its deepest slump in more than 10 years due to the fallout from the coronavirus. A bigger crisis may Continue Reading
