Russia to revive privatisation drive with seven large stake sales
Russia's finance ministry on Tuesday said it intends to revive plans for privatisations of state assets and hopes to sell stakes in seven large
Russia's finance ministry on Tuesday said it intends to revive plans for privatisations of state assets and hopes to sell stakes in seven large
The Russian rouble strengthened to a more than six-week high against the dollar on Tuesday, buoyed by subdued imports and hopes for a resolution to the war in Ukraine,
Soaring government spending pushed Russia's budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months of 2025, the finance
Russian steelmaker Severstal on Friday slammed a decision by a regional governor to ban migrant workers in the construction industry and
One morning in October 2024, three men entered the Moscow headquarters of Glavprodukt, the largest maker of canned food in Russia.
Russia's largest lender Sberbank reported on Thursday a record annual profit of 1.58 trillion roubles ($18.1 billion) after corporate and
Should French carmaker Renault wish to buy back its majority stake in Russia's top carmaker Avtovaz, it would have to pay at least 112.5 billion
Russia's overheating economy is on the cusp of serious cooling, as huge fiscal stimulus, soaring interest rates, stubbornly high inflation
As Moscow and Washington discuss how to end the war in Ukraine, one of the many questions on investors' minds is whether the corporate exodus from Russia in
Russia is set to widen its power to retaliate for Western asset seizures with new legislation that could allow it to confiscate the frozen
Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry said on Monday, with both
Hold or fold?
Countries whose sovereign bonds were purchased by Russia would not be considered in default if Western governments
Printer maker Xerox Holdings on Wednesday said it had sold its operations in Russia to local management for an undisclosed sum, becoming the latest Western business to
Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which
Chinese car sales in Russia appear to have peaked as domestic production recovers after the exodus of Western automakers, data shared with
Azerbaijan sees no major obstacles to securing a lasting peace treaty with its neighbour Armenia and believes the question of defining their borders can be
Russia will keep interest rates on hold at 16% for the third meeting running on Friday, a Reuters poll showed on Monday, with inflation's
Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key
Russia's ability to mete out like-for-like retaliation if Western leaders seize its frozen assets has been eroded by dwindling foreign investment, but officials
Russia's proposed tax hikes for companies and the wealthy, which may add an extra $30 billion to next year's budget revenues, will allow
The Bank of Russia is likely to keep its benchmark interest rate at 16% on Friday but tighten its rhetoric, a Reuters poll showed on Monday
Russia's unemployment rate dropped to a record-low 2.6% in April and real wages soared in March, data published by the federal statistics service
Sales of Zeekr electric vehicles have shot up in Russia in the last year, putting Chinese carmakers ahead of local competition in Russia's
New U.S. sanctions against Russia have forced an immediate suspension of trading in dollars and euros on its leading financial marketplace, the Moscow
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Your subscription has been successfully upgraded!