Economy & Business

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Russia sends first fuel cargo to Iran by rail – Reuters

Russia sends first fuel cargo to Iran by rail – Reuters

Moscow wants to boost fuel supplies by land to avoid Western price cap on seaborne...

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Russia reveals massive shipbuilding plans

Russia reveals massive shipbuilding plans

Around 150 cargo ships for various purposes will be built in Russia by 2027, the...

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Musk sheds light on Twitter finances

Musk sheds light on Twitter finances

Twitter is "roughly breaking even," as most advertisers have returned, CEO Elon...

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Russia’s current-account surplus sees massive drop

Russia’s current-account surplus sees massive drop

Lower energy prices have shrunk Russia’s current-account surplus by more than 70%...

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Worst financial crash in history coming this summer – economist

Worst financial crash in history coming this summer – economist

The current market bubble will burst and result in a major downturn which will send...

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Russian central bank rules out currency restrictions

Russian central bank rules out currency restrictions

The Bank of Russia says no capital controls are needed as the economy has stabilized...

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Brits cut back on luxuries – Barclays

Brits cut back on luxuries – Barclays

UK households have cut non-essential spending and restaurant meals due to soaring...

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Switzerland refuses to freeze more Russian assets – official

Switzerland refuses to freeze more Russian assets – official

Switzerland will not block more of Russia’s assets due to a lack of evidence they...

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Gulf state raises stakes in battle for Indian oil market

Gulf state raises stakes in battle for Indian oil market

Russia’s discounted crude has been undercutting prices for India’s former top supplier...

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Bitcoin price near doubles in three months

Bitcoin price near doubles in three months

Bitcoin’s price has surged to its highest level since June, as investors grow more...

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IMF raises Russian GDP outlook

IMF raises Russian GDP outlook

The International Monetary Fund (IMF) has raised its outlook for the Russian economy...

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French food giant to rebrand in Russia

French food giant to rebrand in Russia

Danone is reportedly considering renaming some of its popular dairy products in...

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IMF improves Russian GDP outlook

IMF improves Russian GDP outlook

The International Monetary Fund (IMF) has raised its outlook for the Russian economy...

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EU state makes new energy deal with Russia

EU state makes new energy deal with Russia

Hungary’s Foreign Ministry has announced a supply contract extension with Russian...

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Iraq responds to Russian rise in Indian oil market – Bloomberg

Iraq responds to Russian rise in Indian oil market – Bloomberg

Russia’s discounted crude has been undercutting prices for India’s former top supplier...

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Yuan displacing dollar on Moscow Exchange

Yuan displacing dollar on Moscow Exchange

The Chinese currency’s share on the Russian stock market hit a record high in March,...