The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...

Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...

The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...

But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...

The already fragile relationship between South Africa and the United States has entered a new phase, as the US House of Representatives Foreign Affairs Committee has passed the “US-South Africa ...

U.S. President Donald Trump believes that Russian leader Vladimir Putin can be brought to the negotiating table only through ...

The Central Bank of Russia announced on July 25 that it had cut its key interest rate for the second time this year, lowering ...

Oil prices rose on Wednesday, boosted by expectations of firm summer demand in the world's two largest consumers, the United ...

STORY: The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine.:: GazpromThe ...

"If we try to establish a ceasefire without building up our future defenses, the war will drag on for many more years," ...