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 ...

Russia’s economic outlook is growing increasingly uncertain as it grapples with manufacturing declines and inflationary ...

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 ...

Asset seizures are surging in Russia, further clouding the outlook for the country’s slowing economy even as they help shore up increasingly depleted state coffers. The total value of confiscated ...

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 ...

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 ...

The relentless fight by the US government against South Africa intensified with the announcement of sanctions against certain leaders in the ANC and government ...

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