A lethal combination of spiralling inflation and high interest rates has hit Russian businesses and consumers hard.

Ukrainian strikes on Russia’s energy sector have caused at least 60 billion rubles ($714 million) in damage, a joint ...

Explore why the USD/RUB exchange rate has crashed this year and what to expect in the coming weeks as a carry trade emerges.

Finance Minister Anton Siluanov said privatisations will generate at least 100 billion rubles (£917 million) this year.

Since the beginning of 2025, Ukrainian drones have been actively and successfully hunting Russian oil refineries, which has ...

MOSCOW. March 27 (Interfax) - Health & Nutrition (H&N, which consolidates the former assets of Danone after it left Russia) increased its revenue 21.6% in 2024, while production grew 20.6%, the ...

As of Monday, Russia's dollar-denominated RTS index climbed 1.71 percent to exceed 1,196 points. This marks weeks of steady ...

Investors are looking for discounted Russian assets that could jump in value on a Ukraine peace deal. President Donald Trump has fueled hopes the war might end soon and Russia could rejoin global ...

MOSCOW. March 20 (Interfax) - The turnover of Russia's fish industry reached a record 1.1 trillion rubles in 2024, Federal Fisheries Agency (Rosrybolovstvo) head Ilya Shestakov said.