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.
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.
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.