Russian Post had found a better way to spend RUR 15.9 million than buying 12 Renault electric cars, says Kommersant daily.

Vice rector of Russian Economic School has quit his job, two months after his boss Andrey Guriev left Russia citing fears for his freedom.

Aeroflot, Russia's biggest air carrier, is pinning hopes on a new low-cost airline it's planning to set up in a move to draw more customers from trains to planes, says Kommersant.

Head of the presidential human rights council called on the prime minister to help Russia's Public Television station which has run out of budget as recently revealed by its general director.

Russian Post wants to increase revenues by offering a number of banking services to its customers.

Russia's Public Television station has run out of money, says its general director.

Red caviar has gone drastically up in price within just one month after fisheries reported a lower than expected catch.

Seventh Continent customers have now access to MasterCard PayPass innovative technology thanks to VTB Bank.

Rosneft has announced that it launched field seismic operations at Fedynsky and Central Barents license areas.

Russian economy is still in stagnation, with disappointing 1H figures, and almost zero year-on-year growth in June.