Day: March 20, 2017
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Putin Ally Looks to Take Over Aircraft Industry
Defense and technology Rostec has its eyes on the United Aircraft Corporation, but a takeover isn’t expected just yet.
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British Taxi Service Goes Head to Head With Uber in Russia
Splyt, a British ride-sharing app, has opened an office in Moscow. They hope to coordinate an alliance of local taxi services, possibly undermining giants like Uber and Yandex.
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Russian Shoe Sales Plummet Amid Economic Crisis
Russian annual shoes purchases have dropped to 2.5 pairs per person due to the current economic crisis, the Rossiyskaya Gazeta newspaper has reported.