Timilehin Adejumobi
Scores of the world's biggest companies have left or scaled back their operations in Russia in response...
Russia
The agreement, approved by local authorities, will keep 250 jobs, mainly based at Michelin's sole Russian plant...
The negative growth figure was revised down by the federal statistics agency from an initial estimate of...
Inflation had steadily crept up over the last year after a series of currency devaluations starting in...
These Russian funds, which are lying in domestic current accounts, were also being invested in government securities...
Once a Soviet savings behemoth, Sberbank's image has gradually been transformed under CEO German Gref, who has...
Many digital services providers with few staff in Russia, such as Spotify and Netflix, pulled out shortly...
Brent crude futures rose 64 cents to $78.33 a barrel by 1:05 p.m. EDT (1705 GMT). West...
Western providers Google Pay and Apple Pay restricted access to their services after Russia sent tens of...
Sberbank said what sets GigaChat apart was its ability to communicate more intelligently in Russian than other...
Foreign banks have stepped in to take business from Russian lenders who fell under sweeping Western sanctions...
Feyisayo Ajayi
Indian government has adopted a new natural gas pricing formula that includes a price cap on compressed...
Wednesday's results, published under international reporting standards for the first time in more than a year, reveal...
EU statistics office Eurostat said on Tuesday that prices at factory gates in the 20 countries sharing...
Brent crude traded at $84.26 a barrel by 0347 GMT, up $4.37, or 5.5% after touching the...
IMF has authorized a four-year, $15.6 billion finance package for Ukraine to help with the nation's recovery...
Operations at the bank's UAE branch, which is licensed in the emirate of Abu Dhabi, will be...
Brent crude futures climbed 77 cents, or 1.03%, to $75.76 a barrel at 0731 GMT. U.S. West...
The proposal limits recipients of U.S. funding from investing in the expansion of semiconductor manufacturing in foreign...
The company, which reported in preliminary results in January that its 2022 margin was 5%, forecast a 5.5-6.5% margin...
Sergey Mikhailovich Brin has a net worth of $81.9 billion and is the tenth richest person on...
The benchmarks ended about 2% higher in the previous session on Russia's plans to cut oil exports from its...
Russia recorded a budget deficit of almost $25 billion in January, in part due to falling oil...
The 792-billion-euro total compares with 706 billion euros in Bruegel's last assessment in November, as countries continue...
Russia announced plans to reduce its output by 500,000 barrels per day, or 5% of its total...
For 2023, the ECB said it would only slightly increase the amount of capital banks need to...
TotalEnergies' fourth-quarter adjusted net income was $7.6 billion, including a $4.1 billion impairment related to the deconsolidation...
Most of the winners from the sanctions are based in China, India, Greece and the United Arab...
Overall, budget revenues for the month were down 35.1%, while spending was 58.7% higher in January 2023,...
Europe is set to ramp up its oil war against Russia — and markets are bracing for more disruption
2 min read
It is thought that the EU’s forthcoming embargo on Russian petroleum products will be both more complex...
Brent crude futures dipped 4 cents, or 0.1%, to $86.08 per barrel by 0400 GMT, while U.S....
