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 ...

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

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

Business Economic woes mount for Russia’s war machine. Inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines.

Russian President Vladimir Putin has been warned that his country is on the brink of recession as the price of potatoes soars and fails to meet high demand, with the economic impact potentially hamper ...

Russia's economy is going from bad to worse as Western sanctions hammer the country's key sectors. ... The country's economic woes have multiplied since its invasion of Ukraine early last year.

Inflation in Russia makes it nearly impossible for businesses in the country to plan, Vladimir Putin said. Russian inflation accelerated 5.15% year-per-year in August, well-above the 4% target.

The economic woes add to Russian President Vladimir Putin's case for talks with U.S. President Donald Trump on ending the war in Ukraine. Trump said on Jan. 21 that Putin was "destroying Russia ...

In a speech at an economic forum, he called the U.S. a fading power and said sanctions on Russia, not the Ukraine war, are hurting Western economies.

The year Mr. Putin annexed Crimea, 2014, his approval ratings at home soared even as European countries, the United States and others responded with sanctions that threatened Russia’s economy.

Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western ...