Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle ...

Russia's $2.2 trillion economy had until recently shown remarkable endurance during the war, and Putin has praised top ...

By Darya Korsunskaya, Guy Faulconbridge and Gleb Stolyarov MOSCOW (Reuters) - President Vladimir Putin has grown increasingly ...

With Donald Trump's pledge to quickly end the war between Ukraine and Russia, market players are starting to look at what ...

Russian business leaders, including Sberbank CEO German Gref and Bank VTB CEO Andrei Kostin have said that a level just above ...

Sanctions and the war are taking a toll on Russia’s IT sector. In mid-December, The Bell reported widespread layoffs across ...

Sberbank has launched a large-scale campaign to reduce staff in its subsidiaries: Kuper, MegaMarket, SberLogistics and ...

Trump has said more sanctions, as well as tariffs, on Russia are likely unless Putin negotiates, adding that Russia was ...

The Moscow Times, citing CNews, reported that the bank is focusing layoffs on programmers and developers. At Kooper, 20% of ...

Many Russian firms are now struggling to pay back loans and could face bankruptcy, including those in the energy and banking ...

Reuters said domestic activity has become strained by labour shortages & high interest rates introduced to tackle inflation, ...