Support The Moscow Times!
Contribute today

Business

Russian Oil Tankers Idle Off India as Sanctions and U.S. Tariff Threats Disrupt Trade

At least four tankers carrying Russian crude are idling off India’s western coast as mounting sanctions and warnings of steep U.S. tariffs disrupt oil...

Russian Manufacturing Shrinks at Fastest Rate Since March 2022 – S&P

Business confidence has slid to its lowest level in nearly three years.
2 Min read

Illegal Lending Poised to Rise in Russia as Borrowing Conditions Tighten – Report

The Central Bank has imposed sweeping restrictions on consumer lending.
3 Min read

Russia Limits Access to Key Economic and Demographic Data Amid Downturn Concerns

The move follows Russian President Vladimir Putin's call to avoid a recession.
2 Min read

Fourth Russian Automaker Cuts Workweek Amid Deepening Industry Slump

"This is a necessary measure caused by a 60% decline in the bus market as a result of reduced purchases of new vehicles," the company said.
1 Min read

Former VK Chief Takes Over Russian Gaming Studio Behind World of Tanks

Lesta Games took over Wargaming's Russian and Belarusian assets after it left the countries following the full-scale invasion of Ukraine.
2 Min read

Putin Signs Law Allowing Police to Freeze Bank Accounts Without Court Orders

Legal experts have raised concerns about the law’s scope and lack of clarity.
2 Min read

Indian State Refineries Halt Russian Oil Imports – Reuters

U.S. President Donald Trump has warned that buyers of Russian oil could soon face steep tariffs.
2 Min read

Russian Billionaire Faces $50M Environmental Lawsuit Over Mining Disaster

Konstantin Strukov is being sued over his gold mining firm's role in a 2024 dam collapse that released toxic waste into surrounding waterways and farmland...
2 Min read

Russia’s Labor Shortage Persists Despite Central Bank Optimism

While the Central Bank cited early signs of easing in labor market strain, the broader picture suggests that the shortage of workers remains acute.
2 Min read

Russian Banks Report Deposit Outflows Amid Falling Rates and Freeze Fears

Eight of the country’s 20 largest credit institutions experienced deposit outflows in June.
2 Min read

Russia Weighs Food Price Controls Amid Rising Inflation – Kommersant

The Agriculture Ministry has proposed amendments that would restrict how prices are set for widely consumed staples such as milk, eggs, potatoes and sugar...
2 Min read

Russia's Largest Automaker to Slash Wages After Shift to 4-Day Workweek – Reports

Workers will also reportedly lose access to overtime pay, a move that has prompted some employees to consider resigning.
2 Min read

Russia Bans Imports of Chinese Trucks Over Alleged Safety Violations

The move comes as Russia’s auto industry faces a deepening crisis, with major domestic producers shifting to a four-day workweek amid falling demand...
1 Min read

IMF Slashes Russia’s Economic Forecast as Wartime Growth Slows

The IMF projects Russia’s GDP will grow just 0.9% in 2025, a steep drop from last year’s 4.1% expansion.
2 Min read

U.K. High Court Rejects Russian Billionaire’s Bid to Lift Sanctions

The ruling deals a blow to legal challenges against London’s post-invasion Russia sanctions regime.
1 Min read

Voronezh Declares Emergency in Key Farming Districts After Storms Devastate Crops

Voronezh ranks among the country’s top five grain producers and is a major supplier of sugar beets.
2 Min read

Cyberattacks Force Major Russian Pharmacy Chains to Shut Down

The closures at Neopharm and Stolichki have impacted over 1,100 pharmacy locations in more than 80 cities across central Russia.
2 Min read

Oil Spill Cripples Tourism in Russia’s Black Sea Resort of Anapa

According to regional officials, only 24,000 tourists visited Anapa in July compared to 100,000 during the same period last year.
2 Min read
View more articles