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    Russian business & finance

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    • Sunday, 12 November, 2023
      The Big Read
      The shadowy network smuggling microchips into Russia

      A rare look inside a covert Russian-led operation to get strategic technology protected by European export controls into the hands of the state

      An image of Maxim Ermakov, asleep on a boat
    • Friday, 10 November, 2023
      News in-depthCarlsberg AS
      ‘Blood in the water’: How Carlsberg lost its Russian business

      Baltika’s success made it a target for seizure as Kremlin loyalists are rewarded with key assets

    • Thursday, 9 November, 2023
      News in-depthRussian economy
      Russia’s war economy leaves businesses starved of labour

      Busy armaments factories are depriving other industries of scarce workers

      Military vehicles at a plant in St Petersburg
    • Wednesday, 8 November, 2023
      War in Ukraine
      UK sanctions oil trader Paramount and others over Russia ties

      Emirates-based businesses among 29 entities subject to measures aiming to stem funding for Ukraine war

      Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia
    • Wednesday, 8 November, 2023
      EU to move ahead with Russian diamond ban next week

      Foreign policy chief says agreement at G7 level cleared hurdles set by Belgium and other countries

      A person looks at a diamond in an exchange in Antwerp
    • Monday, 6 November, 2023
      Over 100 British companies admit breaching sanctions on Russia

      UK groups voluntarily disclose violations in anticipation of reduced government penalties

      Graffiti next to Chelsea Football Club’s stadium that reads: ‘Europe is funding the war — not CFC’
    • Friday, 3 November, 2023
      Raiffeisen Bank International AG
      Raiffeisen generated almost half its profits this year from Russia

      Operations in the country remain central to bank even as it scales back its lending

      The logo of Raiffeisen Bank on top of a building behind a huge monument to Vladimir Lenin in Moscow, Russia
    • Thursday, 2 November, 2023
      War in Ukraine
      US targets China, Turkey and UAE in latest Russia sanctions

      Companies and individuals are listed for helping Moscow in its war in Ukraine

      Janet Yellen
    • Tuesday, 31 October, 2023
      News in-depthRussian economy
      Russia tightens capital controls on western companies

      Restrictions on foreign currency transactions are aimed at shoring up rouble

      A montage of Vladimir Putin’s photo and some rouble notes
    • Monday, 30 October, 2023
      Russian oligarch Alexei Kuzmichev held by French police

      Sanctions-hit billionaire’s properties in Paris and southern France searched

      Alexei Kuzmichev
    • Friday, 27 October, 2023
      Money laundering
      UAE poised to come off financial crime ‘grey list’

      Money laundering task force removes Panama from index and approves Gulf state for inspection on compliance

      Dubai in the UAE
    • Friday, 27 October, 2023
      War in Ukraine
      EU leaders back using earnings from Russia’s frozen assets to help Ukraine

      European Commission expected to put forward legal proposals in December

      Kremlin and St Basil’s cathedral in Moscow
    • Tuesday, 17 October, 2023
      News in-depthBulgaria
      Bulgaria seeks to force out Russian energy companies

      Sofia has imposed punitive taxes on gas transiting from Russia and on Lukoil refinery profits

      Lukoil fuel storage tanks at Rosenets Port terminal near the city of Burgas, on the Black Sea
    • Thursday, 12 October, 2023
      War in Ukraine
      US sanctions two oil tanker owners for violating Russian price cap

      Move marks first enforcement of G7 policy designed to curb flow of petrodollars to Kremlin war chest

      Oil product tankers in Nakhodka Bay, Russia
    • Thursday, 12 October, 2023
      Russian rouble
      Russian rouble rebounds after Kremlin brings back capital controls

      Decree from Vladimir Putin will force exporters to sell some of their foreign currency revenues for roubles

      Vladimir Putin in a chair, looking to his right. Part of a colourful flag can be seen in the background
    • Monday, 9 October, 2023
      Mikhail Fridman
      Sanctions-hit oligarch Mikhail Fridman returns to Moscow

      Alfa Group co-founder departed UK for Israel last month but returned to Russia after Hamas attacked Israel on Saturday

      Mikhail Fridman
    • Friday, 6 October, 2023
      Oil & Gas industry
      Diesel prices fall as Russia lifts ban on seaborne exports

      Restrictions on country’s gasoline exports remain in place

      Fuga Bluemarine crude oil tanker lies at anchor in Russia
    • Thursday, 5 October, 2023
      War in Ukraine
      Russia scrambles to cover ballooning cost of Ukraine war

      One-off budget revenues to go up in 2024 as Moscow’s defence spending has tripled

      Russian soldiers patrol at the Mariupol drama theatre last year
    • Wednesday, 4 October, 2023
      Alexandra Prokopenko
      Oligarchs are losing out as Putin courts a new class of loyal asset owners

      Russia’s war in Ukraine has redrawn the old deal, driving state-led seizures of lucrative enterprises

      A Russian official in Donetsk speaks on his phone in front of a mural of President Vladimir Putin
    • Tuesday, 3 October, 2023
      Carlsberg AS
      Carlsberg writes off value of Russian operation

      Danish brewer accuses Moscow of ‘illegitimate takeover’ of Russian business

      Worker inspects bottles at a Carlsberg plant in St Petersburg, Russia
    • Tuesday, 3 October, 2023
      Russian rouble
      Rouble falls past 100 to dollar after boost from higher rates fades

      Currency extends losses as sanctions weigh on export revenues

      People walk on the Red Square in Moscow, Russia
    • Tuesday, 3 October, 2023
      Markets InsightMichelle Wiese Bockmann
      To tackle Putin’s dark oil fleet, enforcement needs to be stepped up

      Governments have options to give a price cap on Russian exports more teeth

    • Friday, 29 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

    • Friday, 29 September, 2023
      The Top LineAnne-Sylvaine Chassany
      The increasing absurdity of staying in Russia

      Western companies still in the country face an ever harder time repatriating profits and risk state seizures

      A woman walks past the business district in Moscow
    • Wednesday, 27 September, 2023
      Binance
      Cryptocurrency exchange Binance to exit Russia

      World’s largest crypto marketplace sells local business to a venue that launched on Tuesday

      Montage of Binance logo and Moscow skyline
    Previous page You are on page 1 Next page

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