The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

Russia’s central bank slashed its key interest rate to the lowest level in nearly a year amid slowing inflation and growing ...

Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...

After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now ...

The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

Russia's central bank on Friday slashed its benchmark interest rate to 18 percent from 20 percent, its steepest cut in more than three years as policymakers race to avert a recession.

US President Donald Trump’s very public volte face in his attitude towards Russian counterpart Vladimir Putin is aimed at ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...

STORY: The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine.:: GazpromThe ...