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Russian aviation stocks skyrocket

Shares of Russian state-run aerospace company United Aircraft Corporation (UAC) soared 45% on Tuesday after the maiden flight of the country’s first fully domestically-built aircraft. Earlier, the Russian Industry Ministry said that an SSJ-100 equipped only with domestically-produced components had carried out its first flight. The airliner flew at altitudes of up to 3,000 meters…

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Russia’s e-visa scheme drives sharp increase in tourist bookings

The service was launched this month to simplify travel for citizens of 55 countries The number of foreign bookings of Russian hotels has increased by 25% in August compared to July and by 40% year-on-year, business daily Kommersant reported on Tuesday.

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World faces shortage of key metal – CNBC

Demand is increasing for lithium, particularly from China, the media outlet reports The global supply of lithium, which is used to make batteries for consumer electronics and electric vehicles, is expected to fall short of demand as early as 2025, CNBC reported on Tuesday, citing Fitch Solutions research unit BMI.

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