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. Last Updated: 07/27/2016


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Gas Bypasses Ukraine as Nord Stream Goes Live

Prime Minister Vladimir Putin on Tuesday clicked open the valve at a compression station near Vyborg to start filling the $10 billion subsea natural gas pipeline from Russia to Germany, bypassing Ukraine, where disputes halted supplies to European customers twice since 2006.

Bank of Moscow to Raise $3.4Bln

Bank of Moscow plans to issue 100 billion rubles ($3.44 billion) in new shares to its majority shareholder VTB by the end of this year as part of measures to cover a hole in its balance sheet resulting from mismanagement by the lender's former president.

KFC Swallows Rostik's and Expands

A white-haired colonel from the American south officially replaced a white bird as the symbol of fast-food fried chicken in Moscow, as U.S. chain KFC announced that it is rebranding.

One in 4 Russians Can't Find Big Enough Clothes

The Moscow Times
One in four Russians has trouble finding clothes that are big enough, according to a recent survey.

Traffic Cop Suspended as Mikhalkov Car Scandal Escalates

The Moscow Times
Moscow's police chief suspended on Tuesday a traffic officer who botched an investigation into allegations that Oscar-winning director Nikita Mikhalkov drove his car in the wrong lane on the Garden Ring.

MiG-31 Grounded After Fatal Crash

An aging MiG-31 fighter jet with loaded fuel tanks rammed into the ground at full speed and exploded early Tuesday near the city of Perm, killing both pilots, officials said.

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