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BUSINESS4d agoTrump says Russia will supply diesel to the world market after speaking with PutinThe US leader announced that Russia will provide diesel globally after a dialogue with his Russian counterpart. The delivery of 300 thousand tons now, 500 thousand in November, and 1 million later was agreed upon.Clarín
BUSINESS4d agoTrump: Russia will supply US with dieselRussia will supply the U.S. and global market with diesel, President Trump announced Friday, responding to sky-rocketing prices exacerbated by both the Russia-Ukraine and U.S.-Iran wars. The president’s move comes less than a month from the midterm elections, where rising energy prices are dominating voters’ concerns.  Trump on Friday said that Russia would “immediately” supply…The Hill
BUSINESS4d agoTrump says Russia will immediately supply '300,000 tons of diesel' - with millions more to followVolodymyr Zelenskyy has hit out at the "weak decision" by Donald Trump to strike a deal to obtain diesel from Russia, describing it as a "gift to Putin".Sky News World
BUSINESS4d agoMore than a third of Russian companies forgo annual bonuses in 2026In total, 46.9% of Russian companies do not plan to pay employees end-of-year bonuses, with 36.2% forgoing bonuses only in 2026, despite having paid them a year earlier. The findings come from a survey of 1,076 companies across Russia conducted by Aktion Bukhgalteriya, Forbes Russia reported.Meduza [en]
BUSINESS4d agoRussia opens criminal fraud case against former co-owner of retail chains Lenta and Rive GaucheDmitry Kostygin, the former co-owner of the Russian supermarket chain Lenta and the Rive Gauche chain, has been detained, the Russian business news outlet RBC and the St. Petersburg-based news outlet Fontanka reported, citing sources. On October 8, a Moscow court placed Kostygin under house arrest.Meduza [en]
BUSINESS6d agoLe Monde: German retailer Metro asks Kremlin to place its Russian assets under temporary managementGerman retail chain Metro itself asked Russian authorities to place it under temporary management, a source close to Moscow business circles told the French newspaper Le Monde.Meduza [en]
BUSINESS6d agoRussia’s post-election utility hikes push annual inflation above the central bank’s 2026 forecast rangeWeekly inflation in Russia rose to 0.96% in the week of September 29 to October 5, while annual inflation reached 7.1%, according to Rosstat, Russia’s statistics agency.Meduza [en]
BUSINESS6d agoRussia’s Wildberries Finding Fertile Ground in Central AsiaThe Russian e-commerce retailer has announced yet another new logistics facility, this time in Uzbekistan.The Diplomat
BUSINESS6d agoRussia asks Vietnam for planes as illegally re-registered Western fleet falls apartMoscow proposed wet-leasing Vietnamese aircraft, crews and maintenance, but any transfer would involve Airbus or Boeing jets, exposing Vietnamese carriers to secondary sanctions. Nearly a fifth of Russia's largest airlines' planes are already grounded, double the normal downtime rate.EuroNews [en]
BUSINESS6d agoHas Russia’s fuel crisis given Iranian oil an opening in Central Asia?Iran's oil exports have struggled amid a US blockade. A Russian energy crisis because of Ukrainian attacks could help.Al Jazeera [en]
BUSINESSOct 6Russian gold floods Hong Kong as sanctions shift bullion trade to Asia: reportA report indicates that Russian gold is increasingly being traded in Hong Kong, suggesting a shift in the global bullion market due to international sanctions. This highlights the adaptation of trade routes and financial flows in response to geopolitical pressures.Seeking Alpha Tech
BUSINESSOct 6UniCredit gets Putin’s approval to sell part of its Russian businessThe Italian bank plans to keep its international payments business while selling its other Russian operations. The approval contrasts with Moscow’s recent moves to place several Western companies’ local assets under temporary management.EuroNews [en]
BUSINESSOct 5Russian gold floods Hong Kong as Western sanctions redraw bullion tradeThe surge underscores how Russia's gold trade has been rerouted after its invasion of Ukraine in 2022 shut its producers out of major Western markets.CNBC
BUSINESSOct 5Putin authorizes Italian banking group UniCredit to spin off part of its Russian bank and sell the remaining businessVladimir Putin has signed an order allowing the Italian financial group UniCredit to restructure its Russian subsidiary, UniCredit Bank, and sell all of the subsidiary’s shares. The document was published on Russia’s legal information portal.Meduza [en]
BUSINESSOct 5Putin authorizes reorganization of UniCredit's Russian divisionIn May bank signed deal to sell part of AO Bank's assetsANSA [en]
BUSINESSOct 5Washington Capitals hockey star Alexander Ovechkin to launch his own beer brand in RussiaHockey player Alexander Ovechkin is launching his own beer brand, OVI, in Russia. Bochkarev Breweries will produce the beer, Kommersant reported.Meduza [en]
BUSINESSOct 5Tajikistan Taps Iran as Russian Fuel Runs DryDushanbe's emergency hedge against Russia's fuel crisis puts Tajikistan in the path of U.S. secondary sanctions.The Diplomat
BUSINESSOct 4Russia’s nuclear plants are ageing. Who will pay to dismantle them?Moscow faces a huge decommissioning bill at home even as it expands its nuclear industry abroad.Al Jazeera [en]
BUSINESSOct 4Russians Snap Up Chinese E.V.s as Ukrainian Attacks Make Fuel ScarceAs Ukraine increasingly takes the war to Russia, the effects may be most visible on the roads.NYT World
BUSINESSOct 2German retailer Globus stayed in Russia after the full-scale invasion. Now its Russian arm has put former German Chancellor Gerhard Schröder on its supervisory board.Former German Chancellor Gerhard Schröder has joined the supervisory board of Giperglobus LLC, which operates the Globus hypermarket chain in Russia. He will help manage the business and guide its strategic development in Russia, a spokesperson for the chain told RBC.Meduza [en]
BUSINESSOct 2New Russian Mobilization Could Leave Low - Skill Workers Poorer , KSE Institute SaysA new Russian mobilization could lead to lower economic status for low-skill workers, according to the KSE Institute.kyivpost.com · Ukraine
BUSINESSOct 1Money transfers between Russia and Kazakhstan fall nearly 12-fold after EU sanctions on Zolotaya Korona payment serviceMoney transfers between Russia and at least two former Soviet republics — Kazakhstan and Georgia — fell sharply after the EU imposed sanctions on the operator of the Zolotaya Korona payment system in late July, according to data from regulators in both countries reviewed by RBC.Meduza [en]
BUSINESSSep 30The West tried to rein in Russian oil . What went wrongThis article examines the attempts by Western nations to control Russian oil exports and analyzes the reasons for their perceived shortcomings. It addresses the effectiveness of international economic sanctions and their geopolitical implications.shanghainews.net · China
BUSINESSSep 30Russian cosmetics brand Mixit’s CEO faces fraud charges amid dispute with former employee who says she co-founded the brandOleg Pai, CEO of Mixit, one of Russia’s most recognizable and successful cosmetics brands, was detained in Moscow on September 19. He is accused of fraud, and a court placed him under house arrest. Mixit co-founder Yelena Nazarova linked his detention to a corporate dispute. “We don’t understand how a civil dispute with our former employee could have turned into a criminal investigation. We see this as pressure on our business, as an attempt to seize control of the company,” she said. Forbes reported on the dispute with the former employee and how it might have led to Pai’s detention. Meduza sMeduza [en]
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