Russia: Moscow court to consider 3 billion RUR Rosneft suit to RBC on November 11, 2016

The Moscow Arbitration Court will consider a 3.1 billion ruble suit filed by oil major Rosneft against channel RBC-TV and BusinessPress, the founder of media holding RBC, on November 11, according to a court statement. Several reporters of the holding, Konstantin Bochkaryov, Timofei Dzyadko, Lyudmila Podobedova and Maxim Tovkailo, were listed as co-defendants in the…

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Russia: retail sales to recover in 2017

Russian retail sales are not expected to see a significant positive dynamics in 2016 but will likely recover in 2017, Industry and Trade Minister Denis Manturov said. “We will unlikely see significant positive dynamics (of retail sales) YoY in 2016, but there is a feeling of some recovery. Let’s see how the situation will unfold…

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