Business News
Business life in Russia and around the world. Most recent news, articles, videos and commentaries.
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26.07.20230 4
IMF raises Russian GDP outlook again
Growth has been underpinned by strong trade and industrial production, a report has found © Mladen ANTONOV / AFP The…
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26.07.20230 6
Russian IT boss sentenced to 14 years for treason
Group-IB’s Ilya Sachkov will serve the term in a high-security penal colony © Sputnik/Valery Melnikov A Moscow court has sentenced…
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26.07.20230 10
Major Swiss bank closing accounts of Russians
Julius Baer will reportedly cease doing business with clients residing in Russia by year-end, citing economic restrictions © Getty Images /…
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25.07.20230 5
Euro area facing stubborn price growth
Economists expect another interest rate hike by the European Central Bank © Getty Images / fcafotodigital Core inflation in the…
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25.07.20230 1
Chinese money pivoting away from West – WSJ
Beijing has redirected its capital flows to emerging markets in Asia, the Middle East, South America, and Africa, data has…
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24.07.20230 6
German firms in no rush to leave Russia – envoy
Russia continues to be an attractive market for foreign companies, Moscow’s ambassador to Germany says © Getty Images / picture alliance…
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24.07.20230 11
EU looking for ways to restrict Russian diamonds
The trade in precious stones has so far avoided sanctions © Nordroden The EU wants to tighten economic sanctions on…
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23.07.20230 4
Major fossil fuel producers cause rift among G20
Saudi Arabia and Russia reportedly opposed the group’s green energy proposals View into the conference room of the meeting of…
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23.07.20230 5
French sportswear retailer sells Russian business
Decathlon’s assets reportedly fetched up to $55 million A view of a store of French sports goods retailer Decathlon in…
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23.07.20230 10
IMF issues warning on global food prices
Food price inflation may soar now that the Ukrainian grain deal has been terminated, a spokesman says © Getty Images /…