Business - The Moscow Times

Support The Moscow Times!

Contribute today

Russia and China’s ‘No-Limits’ Trade Partnership Is Losing Steam

Analysts say the two countries may be approaching the limits of what their partnership can deliver economically.

Russia's 150M-Barrel Oil Delivery to Indonesia Faces Regulatory, Logistical Hurdles – Reuters

Shipping data shows almost no barrels have begun moving, leaving traders skeptical that the 150 million barrels could reach Indonesia by year-end.

Russia Revives Yuan Debt Push as Budget Gap Widens and Demand Lags

The ministry announced that it would begin collecting investor orders for the new yuan-denominated OFZ sovereign bonds, one day after President Vladimir...

Crimea Cuts Protected Heritage Site Boundaries for Hotel Project Linked to Putin Allies

President Vladimir Putin’s billionaire childhood friends Boris and Arkady Rotenberg are developing a yacht marina at Balaklava Bay.

Kazakhstan Court Clears Path for Naftogaz to Pursue Gazprom Assets Over $1.4Bln Award

This is the first public foreign court decision that allows the enforcement of this arbitration award in a separate jurisdiction, Naftogaz said.

Drone Strikes Force Central Russian Refineries to Halt or Cut Output – Reuters

The combined annual capacity of refineries that have either fully halted or significantly reduced operations is nearly one-quarter of Russia’s total...

Sanctioned Payments Platform A7 Plans Russia’s Largest 'Gold Bank'

Under the project, individuals and businesses will be able to purchase gold through A7’s online platform or at its physical offices, starting from as...

War Spending Pushes Russia’s Classified Budget Outlays to Post-Soviet High, Study Finds

The Gaidar Institute cautioned that its calculations were based on “fragmentary information available from different sources” because budget expenditure...

Russians Fail to Feel Inflation Slowdown, Survey Shows

The findings suggest households remain unconvinced by signs of easing price pressures, even as official data point to a sharp slowdown in inflation and...

U.S. Extends Russian Oil Waiver for a Second Time

The temporary general license, which had been allowed to lapse over the weekend, is now effective until June 17.

Russians Pull Money From Bank Deposits for First Time Since 2022 Mobilization Panic

The decline came as deposit rates eased from recent highs and consumers increasingly sought alternatives for their savings.

Sochi Luxury Home Prices Outpace Miami, Dubai and Milan, Report Says

The surge has propelled Sochi into the ranks of the world's most expensive luxury housing markets, driven by a combination of strong demand, rising construction...

Government Auction Fails to Sell Majority Stake in Gold Miner After No Bids Submitted

Russia seized billionaire regional lawmaker Konstantin Strukov’s stake in Yuzhuralzoloto Group of Companies and affiliated firms last July on allegations...

U.S. Allows Russian Oil Waiver to Expire Again

Sanctions experts said they expect the U.S. to either issue a short-term extension or grant specific exemptions to major Asian refineries.

Small Business Closures Rise Across Russia

Some 209,000 SMBs were liquidated in the first quarter, up 9% from the same period a year earlier.

Putin Hails ‘Positive’ Economic Growth in March Despite Sharp Downgrade in Annual Forecast

The president’s remarks come just days after the government released a significant downward revision to its 2026 economic outlook.

Has the Iran War Sealed the Fate of Power of Siberia 2?

The pipeline remains stalled months after Gazprom signed a “legally binding” memorandum with China, even despite the global energy crisis.

EU Imports of Russian LNG Surge to Highest Level Since Ukraine Invasion

Several EU countries, including Belgium, France and Spain, have continued to purchase Russian LNG transported by sea tankers since 2022.

Russia’s Largest Chip Maker Posts 98% Profit Collapse

Angstrem remains a key supplier of microelectronics for the Defense Ministry, state corporations and defense-sector manufacturers.

View more articles