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BUSINESS10h agoRussian banks fear massive fines after unprecedented surge in court bailiff inquiriesRussian banks received millions of requests for information about debtors from the Federal Bailiff Service (FSSP) over three days between September 18 and 21, an unprecedented volume, the National Financial Market Council reported.Meduza [en]
BUSINESS10h agoIMF lowers forecast for Russia’s economic growthThe International Monetary Fund has lowered its forecast for Russia’s economic growth to 0.9% in both 2026 and 2027. The updated forecast, released on October 13, is down from its July projection of 1.1% for each year.Meduza [en]
BUSINESS10h agoDiesel futures jump, signaling higher prices to come despite Trump’s Russia deal“Absolutely stunning price spikes in wholesale diesel today,” a top energy analyst said.NBC News
BUSINESS11h agoRussian telecom giant Rostelecom offers smaller internet providers relief from surveillance costs. In exchange, it wants their customers — and most of their revenue.Russia’s largest nationwide telecommunications operators, Rostelecom and TransTeleCom, have begun offering small regional providers service agreements under which the providers would hand over their infrastructure and subscriber bases, Kommersant reported after reviewing the presentations.Meduza [en]
BUSINESS17h agoEurope paid Russia $209bn for energy since 2022, far below Moscow’s $320bn claimThe European Commission pushed back against what appear to be inflated claims by Russia — and the United States — regarding the bloc’s spending on Russian energy since 2022.EuroNews [en]
BUSINESS23h agoRent spikes in Georgia and Armenia as Russians flee fearing mobilisationMonthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022. Russian nationals account for 72% of all foreign property transactions in Armenia.EuroNews [en]
BUSINESS1d agoOil prices fall as traders assess Russian diesel supply prospects and Saudi-Houthi conflictOil prices fell as investors assess potential supply disruptions against prospects of more Russian diesel entering global markets.CNBC
BUSINESS1d agoRussia says Europe bought $320 billion in hydrocarbons since 2022Russia said on Monday that European Union countries had bought $320.7 billion worth of its energy resources since 2022, despite sanctions over the war in Ukraine. The figure fuelled tensions as European officials criticised a US deal to import Russian diesel, while Stockholm called for the bloc to use frozen Russian assets to boost support for Kyiv.France 24 [en]
BUSINESS1d agoOil ticks lower as Russia diesel supply prospects counter Gulf supply risksNEW YORK: Oil prices edged lower on Tuesday after climbing by nearly US$2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.nst · malaysia
BUSINESS1d agoTrumps' Russia diesel deal will do little for U.S. prices, analysts sayAnalysts suggest that a diesel deal between Trump and Russia will have minimal impact on U.S. prices. The article discusses potential economic effects of international trade agreements.Seeking Alpha Tech
BUSINESS1d agoWould access to Russian diesel help drive down prices in the U.S.?Average U.S. diesel prices remain stuck above $6 a gallon, raising fuel costs in trucking, agriculture and construction.CBS News
BUSINESS1d agoSon of a Russian Federal Security Service general helps run a company selling mobile data centers amid Ukrainian drone strikes, BBC reportsRussian businesses had been preparing for attacks on data centers long before Ukraine began striking them, the BBC Russian Service reported.Meduza [en]
BUSINESS1d agoEFCC arraigns ALSCON, Russian director on N582.4 million money laundering chargesThe EFCC said the transfers were not reported in writing to SCUML as required under Section 11(1)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022. The post EFCC arraigns ALSCON, Russian director on N582.4 million money laundering charges appeared first on Premium Times Nigeria.Premium Times
BUSINESS1d agoTrump’s oil deal with Russia may not lower diesel prices as much as president hopes, analysis warnsDiesel prices are up about $2.55 per gallon from a year ago, as the Iran war continues into its eighth monthThe Independent World
BUSINESS1d agoInvestigations implicate Deloitte, one of the world’s largest accounting firms, in alleged tax-evasion schemes involving Russian billionaire Roman Abramovich’s Cyprus companiesDeloitte, one of the world’s largest consulting and auditing firms, helped falsify documents to conceal Russian billionaire Roman Abramovich’s wealth and enable him to evade taxes, according to a joint investigation by the BBC and the Bureau of Investigative Journalism (TBIJ). The Guardian published a separate report on the same case.Meduza [en]
BUSINESS1d agoOil analyst ‘skeptical’ that Trump’s diesel deal with Russia will lower pricesOil analyst Patrick De Haan said Monday that President Trump’s deal with Russia to supply the U.S. and global markets with diesel fuel may not lower fuel prices. “On the policy front, the Trump administration’s proposed diesel deal raises more questions than it answers, and I remain skeptical that it will deliver significant relief to…The Hill
BUSINESSBREAKING1d agoLive: Oil prices fall after Trump unilaterally announces Russia-Ukraine 'energy ceasefire'Oil prices are falling following a former US president's unilateral announcement of an "energy ceasefire" between Russia and Ukraine. This could have significant implications for global energy markets and international relations.France 24 [en]
BUSINESS2d agoOil falls after Trump declares 'energy ceasefire' between Russia and UkraineUkrainian President Volodymyr Zelenskyy said that "Ukraine supports the ceasefire, and it is important that Russia support it as well."CNBC