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Articles with tag "business"
Russia’s Wartime Investment Boom Falters, Kremlin-Linked Think Tank Says
The supply of key investment goods is shrinking despite heavy government spending, analysts determined.
Japan to Close All Business Training Centers in Russia
Known as Japanese Centers, the state-backed facilities have operated in six Russian cities, including Moscow and Vladivostok, since 1994.
1 Min read
China Eyes 'Panda Bond' Fundraising by Russian Energy Firms – FT
If approved, the borrowing would be the first Russian corporate bond placement in China since Moscow's invasion of Ukraine.
2 Min read
News Analysis
What the Power of Siberia 2 Deal Really Means for Russia and China
Although the project has ostensibly been green-lighted, several uncertainties remain.
3 Min read
Wartime Pressures Push Russian Corporate Losses to Highest Level Since Pandemic
Izvestia reported that it was the first time since the pandemic lockdowns of 2020 that the share of unprofitable businesses topped 30%.
2 Min read
Prosecutors Seek to Nationalize Russia’s Oldest Music Publisher
Founded in 1918, Muzyka grew into a Soviet-era monopoly and remains the publisher of works by Tchaikovsky, Prokofiev and Shostakovich.
1 Min read
From War Surge to Slump: Is the Russian Economy Heading Toward Recession?
The Russian economy is still posting GDP growth, but the war-driven boost from heavy budget spending is fading.
3 Min read
Leading Russian Drone Manufacturer Faces Financial Turmoil
Kronstadt, a maker of military and civilian drones, has been hit with 40 lawsuits that total $7.8 million over the past three months.
2 Min read
U.S. Oilfield Services Company Weatherford Expands Russia Operations Despite Sanctions – FT
The Financial Times identified roughly 100 job postings by Weatherford in Russia since late February, when new U.S. sanctions came into effect.
2 Min read
Russia’s Harvest for Buckwheat, a Kitchen Staple, Set to Hit 6-Year Low
Meanwhile, per-capita demand for buckwheat reached a historic high this year.
2 Min read
Drone Strikes on Refineries Push Russia’s Gasoline Prices to Record Highs
The surge comes after attacks knocked out operations at three major refineries that account for nearly 30 million tons of annual refining capacity.
2 Min read
Russian Shipping Giant Sovcomflot No Longer Profitable Under New Sanctions
The state-owned firm posted a net loss of $435 million for January-June 2025 compared with a $324 million profit a year earlier.
2 Min read
Sandwich Chain Subway Announces ‘Subjoy’ Name Change After Trademark Loss
The company announced that all of its restaurants would rebrand by the end of 2025.
1 Min read
Firm Linked to Putin Ally Acquired Russia’s Largest Brewer After Carlsberg Exit – FBK
Gennady Timchenko's Ena Invest allegedly acquired Baltika for a fraction of its real value after Carlsberg moved to exit Russia due to the invasion of...
2 Min read
Russia’s State Shipbuilding Giant to Slash 70% of Workforce at Key Far East Shipyard
Tthe Khabarovsk Shipbuilding Plant, one of the largest shipyards in the country’s Far East, has grappled with a lack of production orders.
1 Min read
Internet Blackouts Driving Russians and Businesses Back to Cash, Central Bank Says
The internet shutdowns have spread even to regions far from the Ukrainian border following repeated drone attacks.
2 Min read
Russian Stock Index Surges on News of Upcoming Putin-Trump Meeting
The Moscow Exchange (MOEX) Index jumped more than 5% by midday local time, reaching around 2,905 points — its highest level in two months.
1 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
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
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
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