Sunday 24 June 2018

Russians flying overseas up 34pc in 2017: report

The number of Russian nationals flying abroad grew by 34 per cent during 2017, deputy head of the FSB’s Border Service was quoted as saying in a media report. "Last year, the volume of passenger traffic at airport borde


Global tourist shopping spend hits five-year low

Spending on tax free shopping at leading destinations dropped for the first time since 2009 in the second quarter, with spending by Russians down sharply due to the fall in the rouble, according to a tourism shopping specialist. B


Last-minute Cyprus deal; heavy loss for big depositors

  Cyprus clinched a last-ditch deal with international lenders to shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro ($13 billion) bailo


Russians top spenders on jeans

The cheapest jeans buyers are Americans and the most lavish Russians, according to a global study. The survey by Synovate, a leading global research firm, shows Levis' global dominance in denim. It said 16 per cent of women would

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