Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total ...

State-owned Russian bank VTB said it expects the retail lending market to go into hibernation mode this year as banks ...

One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...

President Donald Trump has offered to mediate an end to the Russia-Ukraine war, but will need to build leverage with both ...

The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.

Hit by a triple whammy of soaring loans, plummeting sales, and evaporating state support, many small-and medium-sized ...

The digital RUB rollout claims new breakthrough after Russian gov’t and Central Bank announce “trial” of the CBDC in ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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