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Business

Russia's Online Sellers Seek New Workarounds as Moscow Tightens Import Controls

"Following all the rules will inevitably lead to higher prices again," one marketplace consultant said.

Switch to Biking to Save Fuel, Stavropol Governor Tells Officials as Shortages Persist

From Tuesday, members of the regional government will need the governor's personal approval to travel outside the regional capital, Governor Vladimir Vladimirov...
2 Min read

Russia-China Trade Grows 25.6% in First Half of 2026

The rebound marks a reversal from 2025, when bilateral trade fell for the first time in five years.
1 Min read

Europe Buys Record Amount of LNG From Russia’s Largest Producer – FT

The purchases mark an 18% increase compared to the same period in 2025 and comes despite the EU’s plan to completely phase out all imports of Russian...
2 Min read

Russia Allocates $56M to Support Crimea Tourism Hit by Ukrainian Attacks

The payments will support employees at more than 4,600 tourism-related businesses that had found themselves in a "difficult situation" because of Ukrainian...
2 Min read

BMW Warns of Unauthorized Production of 'Pirated' Cars in Russia

BMW told Germany's Bild newspaper that production at the Kaliningrad plant operated by its former Russian partner Avtotor was taking place without the...
2 Min read

Regions Calling: Russia's Fuel-Producing Hub Struggles to Shake Off Supply Crisis

Even Bashkortostan, Russia's leading producer of diesel and gasoline, is feeling the impact of this summer's fuel crisis.
6 Min read

Kazakhstan Court Overturns $1.4Bln Naftogaz Arbitration Award Against Gazprom

The Astana International Financial Centre had earlier ruled that Ukraine’s state oil and gas company, Naftogaz, be allowed to collect a $1.4 billion...
2 Min read

Russia Bans Diesel Exports to Ensure Domestic Supply After Targeted Ukrainian Drone Strikes

The government said the ban, which includes producers of the fuel, will be in place until July 31.
2 Min read

Russia's Defense Manufacturing Boom Is Nearing Its Limit, Official Says

Manufacturing, led by the defense-industrial complex, has been one of the main drivers of Russia's wartime economy.
3 Min read

Russian Hotels Ordered to Use State Messenger Max for Guest Check-Ins

Under the new regulation, hotels with more than 50 rooms must purchase hardware and train staff to use Max before the law takes effect on Sept. 1.
1 Min read

Russia Seizes Assets of Major Marine Fuel Supplier Transbunker

The decision is the latest in a sweeping campaign that has seen hundreds of private companies transferred to state ownership since the full-scale invasion...
3 Min read

Gazprom to Form Military Reserve Units to Guard Energy Infrastructure From Drone Attacks

Rather than relying solely on regular military forces, authorities have increasingly turned to regional volunteer units and reserve formations to bolster...
2 Min read

Russia Says Digital Ruble Ready for Sept. 1 Launch Despite Weak Public Demand

Beginning Sept. 1, all 12 of Russia's systemically important banks will be required to support digital ruble transactions, while large retailers will also...
2 Min read

Russian-Born Playrix Billionaire Becomes International Booker Prize Sponsor

The Booker Prize will be renamed the Bukhman International Booker Prize and the prize money for the winning author and translator will be doubled.
2 Min read

Georgia’s Only Oil Refinery to Stop Using Russian Crude by September

Earlier, the EU had threatened to include the Kulevi refinery in its 20th sanctions package over Russia’s invasion of Ukraine.
1 Min read

Russian Cafe Chains Shrink as Restaurant Sector Feels Pressure From Costs, Changing Consumer Habits

Two well-known Russian restaurant chains have roughly halved their footprints since Moscow launched its full-scale invasion of Ukraine.
2 Min read

Wildberries Stops Compensating Sellers for Products Damaged in Airstrikes

Starting Tuesday, July 7, Wildberries will not be required to compensate sellers under force majeure circumstances resulting from artillery, drone and...
1 Min read

Russia Says It Will Further Cut List of Jobs Barred to Women Amid Labor Shortages

The list of occupations prohibited for women has already been cut by more than fourfold in recent years, an official said.
2 Min read
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