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Washington sanctions Russian debt, IT firms, expels diplomats

MOSCOW, Apr 15 (PRIME) – Washington has imposed new sanctions on Russia, targeting the country’s primary state debt, six Russian technology companies, and 32 entities and individuals, and expelled 10 personnel from the diplomatic mission in Washington in response to the SolarWinds cyberattack and election interference, the White House said on Thursday.

PRESS: Russia to allocate extra 5 bln rbl to cut-rate car loans

MOSCOW, Apr 15 (PRIME)
The Russian government will allocate an additional 5 billion rubles to cheap car loans to restart the program in May, business daily Kommersant reported on Thursday, citing car market sources.

MMK raises steel output by 9.2% to 3.3 mln tns in January–March

MOSCOW, Apr 14 (PRIME)
The steel output of Russia’s Magnitogorsk Iron and Steel Works (MMK) went up by 9.2% on the year by shrank by 0.4% on the quarter to 3.3 million tonnes in January–March, the company said in a statement on Wednesday.

Antitrust says to check other search services under Yandex case

MOSCOW, Apr 14 (PRIME)
Russia’s Federal Antimonopoly Service will check other search engines, including foreign ones, under a case opened against Internet company Yandex for discriminating other firms’ services in search, a service spokesperson told PRIME on Wednesday.
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MOSCOW, Feb 4 (PRIME) -- The current financial condition of one of Russia’s largest retailer Magnit allows the company to combine expansion, a comfortable debt burden, and payment of good dividends, CEO Jan Dunning said in an interview to PRIME published on Thursday.
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