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    Russian business & finance

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    • Sunday, 24 September, 2023
      Russia dodges G7 price cap sanctions on most of its oil exports

      Shift in seaborne trade suggests Kremlin will benefit from rising prices despite west’s $60-a-barrel cap

      3 hours ago
      A Russian cargo ship carrying crude oil docked at Karachi port in Pakistan
    • Thursday, 21 September, 2023
      Gillian Tett
      The dilemma over transferring Russian assets to Ukraine

      There is a risk of undermining faith in dollar holdings and reducing western leverage in dealings with Moscow

    • Thursday, 21 September, 2023
      Energy sector
      Russia puts squeeze on oil market with diesel export ban

      Curbs raise concerns Kremlin is ‘repeating playbook’ by again weaponising energy supplies

      A petrol station in Russia
    • Monday, 18 September, 2023
      News in-depth
      Billions of dollars in western profits trapped in Russia

      Businesses from ‘unfriendly’ countries have amassed more than $18bn in earnings since the start of the invasion of Ukraine

      Montage of various corporate logos and the Kremlin
    • Friday, 15 September, 2023
      Diamonds and gemstones
      G7 governments to announce bans on Russian diamond imports

      Proposals would reshape global market for the precious stones, but implementation will divide industry

      The global natural diamond jewellery market is estimated to be worth $74bn in 2023
    • Wednesday, 13 September, 2023
      War in Ukraine
      EU lifts sanctions on three Russian tycoons targeted after Ukraine invasion

      Delistings are most prominent since Russia annexed Crimea in 2014

      Ozon chief executive Alexander Shulgin
    • Monday, 11 September, 2023
      LexSberbank
      Sberbank: bank’s strong numbers point to weakness of sanctions Premium content

      Chief executive’s optimism puts a good face on Russia’s economy

      People walking through Red Square in Moscow
    • Friday, 8 September, 2023
      AB Volvo
      Volvo Trucks’ Russian assets transferred to local investor

      Swedish company latest group to exit country following its invasion of Ukraine

      Picture shows the Volvo Trucks plant outside Kaluga in Russia
    • Thursday, 7 September, 2023
      Lex
      Russia/Ukraine: companies weigh investor disapproval with cost of exit Premium content

      If the cost of staying is negligible, the withdrawal of western business will continue as a slow retreat

      Protesters holding placards urging Unilever to quit its Russia business demonstrate outside the Unilever headquarters in London
    • Thursday, 7 September, 2023
      British American Tobacco PLC
      BAT sells Russian business to local management

      Group becomes latest company to part ways with country following its invasion of Ukraine

      A picture showing someone smoking in from of the BAT logo
    • Wednesday, 6 September, 2023
      War in Ukraine
      ECJ rules sanctions on Russian tech boss should be lifted

      First time measures against businessman sanctioned over Ukraine have been revoked

    • Wednesday, 6 September, 2023
      Russian politics
      Behind the Money Podcast: The Russian Banker

      He says he is being politically persecuted by Moscow. The US granted him asylum. But does his story hold up? A new podcast series investigates

    • Monday, 4 September, 2023
      War in Ukraine
      Here comes Russia’s corporate hit list

      Putin’s naming of companies from unfriendly countries will pave the way for asset seizures, says Russia watcher

    • Monday, 4 September, 2023
      War in Ukraine
      Turkey’s Erdoğan says grain deal to be revived ‘soon’ after talks with Putin

      Russian leader offers different interpretation and insists Moscow will not re-join until the west meets its demands.

      Vladimir Putin, left, welcomes Recep Tayyip Erdoğan to Sochi
    • Monday, 4 September, 2023
      LexChinese business & finance
      China banks: renminbis for Russia heighten secondary sanctions risk Premium content

      Beijing’s mission to promote the currency could end up hurting Chinese lenders

      Blocks of renminbi notes being stacked
    • Sunday, 3 September, 2023
      Chinese lenders extend billions of dollars to Russian banks after western sanctions

      Beijing has pushed renminbi as alternative global currency to dollar

      An ICBC branch
    • Thursday, 31 August, 2023
      Free LunchChris Cook
      The paperwork problem with the Russian oil price cap Premium content

      Moscow is benefiting from bad mechanism design

      Tanker wagons at an oil terminal in russia
    • Wednesday, 30 August, 2023
      EU energy
      EU imports record volumes of liquefied natural gas from Russia

      Belgium and Spain are world’s second and third-biggest importers of Russian LNG this year

      An LNG terminal at Zeebrugge, Belgium
    • Tuesday, 29 August, 2023
      War in Ukraine
      Germany arrests alleged Russia drone supplier

      Waldemar W is accused of providing components for Orlan-10 unmanned aerial vehicles used by Russian forces in Ukraine

      Demonstration of fragments of an unmanned aerial vehicle used by Russia against Ukraine
    • Sunday, 27 August, 2023
      War in Ukraine
      Russian billionaire pleads for EU sanctions relief after decrying war

      Request from Yandex co-founder Arkady Volozh is test of whether bloc will reward Russians who break with Kremlin

    • Friday, 25 August, 2023
      Heineken NV
      Heineken exits Russia at a loss of €300mn

      Deal follows criticism of delayed departure after invasion of Ukraine

      The green cans depict Russian writing, a Champions League trophy and a QR code on the side
    • Wednesday, 23 August, 2023
      War in Ukraine
      Russia offers to swap frozen assets with the west

      Western officials say they are not aware of the proposal and that no talks are taking place

      Vladimir Putin
    • Monday, 21 August, 2023
      Domino's Pizza Inc
      Domino’s Pizza leaves Russia after sale efforts fail

      Franchisee is latest brand to exit following Ukraine invasion and seizures of western companies

      Preparing a pizza at Moscow branch of Domino’s Pizza
    • Sunday, 20 August, 2023
      Russia files lawsuit against billionaire oligarch Andrey Melnichenko

      Move comes as Kremlin steps up campaign to force tycoons to bring their wealth and businesses back home

      Andrey Melnichenko
    • Sunday, 20 August, 2023
      Polymetal International PLC
      Gold miner Polymetal lines up buyers for its Russian assets

      A sale would be a rare case of navigating a web of Kremlin restrictions and western sanctions

      Man in protective suit watches gold ore processing
    Previous page You are on page 1 Next page

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