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Russia’s Shift Workers Face Mounting Wage Payment Delays

In Nizhny Tagil, some 200 workers at a copper mine were effectively left stranded at the work site after going two months without pay.

Russia’s Rostselmash Warns of Reduced Working Hours in 2026 as Demand Slumps

Rostselmash plans to cut output by 30% in 2025 to 2,700 combine harvesters and 800 tractors.

Arkady Volozh’s Second Act

The former head of Yandex has made a remarkable business pivot. How did he pull it off?

Sberbank Files to Bankrupt Major Russian Electronics Distributor TFN

TFN is the second major Russian smartphone distributor to face creditor action this year.

Russian State Property Chief Steers Assets to Putin Allies – The Insider

Vadim Yakovenko has amassed millions of dollars' worth of real estate and flies on private jets, The Insider reported.

opinion Charles Hecker

Global Business Didn't Save Russia in the 1990s. It Won't Today, Either.

Washington is not only seeking to extract maximum profit from ending the war, but engaging in magical thinking imagining it will create peace.

Dutch Court Freezes Assets of TurkStream Operator Over Crimean Seizures – Vedomosti

DTEK Krymenergo, an energy company owned by Ukrainian billionaire Rinat Akhmetov, has sought compensation in several international courts after Russian...

How Customer Discounts Ignited a Battle Between Russia’s Banks and E-Commerce Giants

Russia’s top e-commerce platforms offer discounts to customers who use the platforms’ in-house banks. Traditional lenders are now crying foul.

Russians Pour Record Funds Into Domestic Securities as Rates Fall

Net contributions to brokerage accounts reached 872 billion rubles between July and September, up 83% from a year earlier.

VTB Plans Small-Scale Staff Cuts to Improve Efficiency

“This is about optimization aimed at increasing efficiency, primarily in these areas,” first deputy CEO and CFO Dmitry Pyanov said.

Russian Industry Sentiment Falls to Late-1990s Lows – Report

November’s reading marks the weakest point since April 2020, when nationwide lockdowns froze much of the economy.

Russian Corporate Losses Surge in 2025 as More Firms Slip Into the Red

About 18,400 firms posted losses, or 11% more than the same period of 2024.

Russia’s AvtoVAZ Expects Lada Output to Drop 40% in 2025 – Reports

The company’s shipped output is projected at 464.5 billion rubles ($5.92 billion) for 2025, down 27.7% from last year.

Apple Cracks Down on India’s Re-Exports of iPhones to Russia – Reports

Although Apple halted official sales in Russia, new models continue to reach the Russian market through parallel imports and private suppliers.

Ozon Denies Central Bank’s Claim That Marketplace Discounts Distort Competition

Central Bank Governor Elvira Nabiullina reportedly proposed banning online marketplaces from offering discounts to customers who pay for goods using their...

Sberbank Using AI to Cut 20% of Staff by End of 2025, Gref Says

German Gref said the bank’s heavy spending on AI left little room for other investments.

Russian Firms Plan Price Increases Ahead of Tax Changes – Central Bank Survey

Businesses plan to lift prices by an annualized 6.3% over the next three months, up from 4.2% in October and 2.9% in September.

Moscow Court Arrests Ex-Skolkovo Technopark Head on Bribery Mediation Charges

Renat Batyrov faces up to 12 years in prison if convicted.

Russian Companies Face Record Debt Burden as High Rates Squeeze Profits – Think Tank

“The burden from interest payments on corporate income is at an extremely high level,” the Kremlin-linked think tank CMASF said.

Gazprom Takes Control of Luxury Carmaker Aurus After Buying 51% Stake

The new investor is reportedly expected to commit additional funds to develop the brand, whose limousines are used by Putin and senior officials.

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