Articles - The Moscow Times

Support The Moscow Times!

Contribute today

Russian Retailers Warn of Smaller Black Friday Sales After E-Commerce Warehouse Drone Attacks

Several sellers said they lacked the stock or funds to offer substantial discounts, though Wildberries said it expected no reduction in product choice...

Russian Businesses Delay Payments as Cash Squeeze Deepens

Expert RA said businesses were increasingly postponing payments because they lacked the cash to cover day-to-day operations and faced difficulties securing...

Yandex Supercomputers Unscathed After Ukrainian Strikes, Company Says

The company said its three supercomputers, among the most powerful in the world, have been moved to more secure locations.

Russian Subsidiary of German Retailer Metro Donates $12M to Military Fund

The move comes after Putin signed an executive order on Sept. 28 placing Metro Russia under “temporary management” of the state.

AvtoVAZ Output, Sales Could Fall Up to 25% as State Subsidies Run Out

The Industry and Trade Ministry said the subsidies had supported sales of 178,200 vehicles.

As the Kremlin Seizes Control of European Companies, U.S. Rivals Remain Largely Spared

Russia has seized the local assets of just three American firms since Trump began his second term in office, compared to those of more than a dozen European...

Ex-Deputy PM Grigorenko Nominated as Sberbank Deputy Board Chairman

Sberbank’s supervisory board is scheduled to formally vote on Dmitry Grigorenko’s appointment at its next meeting in November.

Armenia Appeals to Eurasian Economic Union for Removal of Russian Trade Restrictions

Russia has issued sweeping bans on a range of Armenian products this year as Yerevan, Moscow’s historical ally, began the process of joining the EU.

Russia’s Gold Reserves Fall to Lowest Since 2019 as Budget Deficit Widens

The Bank has reduced its holdings by 2 million ounces, or about 62 tons, since December, when it began its largest sustained sell-off in decades.

Crypto Exchanges Bitget, MEXC End Services for Customers in Russia and Belarus

The moves could signal a broader retreat by international crypto exchanges from the Russian market as regulatory pressure mounts, industry figures said...

Latvia Emerges as Top-5 Importer of Russian Grain, Consultancy Says

Russia has been reshaping its grain export routes after shipments through the Azov-Black Sea basin, its main export corridor, largely stalled in mid-August...

Russia Looks to Africa for Gas Buyers as Gazprom Struggles to Replace European Market

Putin’s efforts to secure a new gas deal with China that would bring annual supplies to 100 billion cubic meters have so far failed to produce an agreement...

Russian Firms Stand to Gain Most From Trump’s Diesel Deal, Analysts Say

While Russian firms stand to benefit from looser export restrictions, the promised shipments may do little to bring down U.S. fuel prices.

Russia’s Oil and Gas Revenues Forecast to Rise 10% Year-on-Year in October to $12Bln

October revenue is expected to exceed September levels by about 164 billion rubles, or 36%.

Russian Ministers Join Board of Key Trade Payments Firm A7

The U.S. has sanctioned A7, saying it had built a global network of affiliated companies "to disguise payments linked to sanctioned sectors and persons...

Russian Business Investment Stalls in Third Quarter as Profits Fall, Uncertainty Persists

The Economic Development Ministry forecasts investment will fall 5.4% this year, following a 9.9% decline in the first half.

Kremlin Says Russia Restarts Diesel Exports After Deal With Trump

Spokesman Dmitry Peskov said the exports would have a positive impact on global markets, but would not fully stabilize them.

Abramovich Aides Backdated Documents to Hide Assets and Avoid Taxes, Report Says

The investigation describes an alleged scheme spanning at least 1999 to 2013, in which documents for more than 100 companies linked to Abramovich were...

Sberbank Warns of Rising Overdue Loans as Russian Companies Struggle

The difficulties are affecting several sectors, including individual residential development projects, retail, commercial property and online marketplaces...

Russia’s Central Bank Says Putin’s Stock Market Target Is Out of Reach

Putin had ordered Russia to double its stock market capitalization to at least 66% of gross domestic product by 2030.

View more articles