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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Shipments jumped 18% in June, rising for the second month in a row after a trough in April EU exports to Russia surged by 18% in June from the previous month, reaching €4.45 billion ($4.57 billion), foreign trade data from the statistics agency Eurostat shows.