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Russian business & finance

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  • Friday, 23 February, 2024
    War in Ukraine
    Biden issues new sanctions against Russia in response to Navalny death

    Measures on eve of second anniversary of Ukraine invasion target war effort and attempts to get round oil cap rules

  • Thursday, 22 February, 2024
    UK imposes sanctions on Dutch oil trader over Russia links

    Treasury alleges Niels Troost benefited from ‘supporting the government of Russia’ via Paramount SA

    Niels Troost
  • Thursday, 22 February, 2024
    Markets InsightRobin Brooks
    EU’s Russia sanctions trade-off has stored up problems

    Weak enforcement has come at the expense of — perhaps — a faster end to the war

    People walk past a Gazprombank office in Moscow, Russia
  • Thursday, 22 February, 2024
    Mondelez International Inc
    Mondelez chief says investors do not ‘morally care’ if groups stay in Russia

    Dirk Van de Put says confectionery group has faced no pressure to leave country completely

    Mondelez Milka bars
  • Wednesday, 21 February, 2024
    War in Ukraine
    EU agrees first sanctions on Chinese and Indian companies for Russia war links

    Curbs on almost 200 entities aim to ‘degrade’ Moscow’s capability to attack Ukraine

    Russia’s President Vladimir Putin visiting a military plant in the Urals city of Nizhny Tagil, Russia
  • Wednesday, 21 February, 2024
    Russia foils western sanctions on natural gas project as shipments near

    Arctic LNG 2 plant completed with Chinese help as Beijing becomes biggest importer of the Russian gas

    Arctic LNG 2 joint venture under construction near Belokamenka, Murmansk region, in Russia in 2022
  • Wednesday, 21 February, 2024
    Danone SA
    Danone plans to sell Russian operations to Chechnya-linked businessman

    Move comes seven months after Putin ordered seizure of French food group’s local operations

    Chechen strongman Ramzan Kadyrov and Danone strawberry yoghurt
  • Monday, 19 February, 2024
    Polymetal International PLC
    Polymetal secures $3.7bn deal to exit from Russian business

    Anglo-Russian miner rushes to leave country to avoid nationalisation

    Polymetal’s Voro processing plant in Russia
  • Monday, 19 February, 2024
    News in-depthGazprom OAO
    Gazprom grapples with collapse in sales to Europe

    Business model in tatters after biggest customer slashes Russian gas imports in wake of Ukraine war

    Montage of Vladimir Putin and Alexey Miller and Gazprom logo
  • Monday, 12 February, 2024
    War in Ukraine
    EU prepares sanctions on Chinese and Indian companies over Russia links

    Curbs aimed at hitting Moscow’s war machine would be first time bloc has targeted entities in two big trading partners

    A Russian drone approaches Kyiv
  • Monday, 12 February, 2024
    Anders Fogh Rasmussen
    The west has not gone far enough in sanctioning Russia

    Victory in this grinding war of attrition now depends on whether allies can help Ukraine outproduce its opponent

    Firefighters tackle a blaze after a Russian attack on a Kharkiv neighbourhood this month
  • Wednesday, 7 February, 2024
    Visual investigation
    Russia’s sham rebuild of one Ukrainian city

    Residents of Mariupol live in half-built homes while Russian companies profit from contracts worth millions

    A composite image showing a map of Mariupol, a damaged apartment block in the city and a Russian tank
  • Monday, 5 February, 2024
    Yandex NV
    Search engine Yandex to sell Russian operations for $5bn

    Sale of ‘Russia’s Google’ is largest by a western-held company seeking to exit the country since Ukraine war began

    A man walks outside the headquarters of Yandex in Moscow
  • Saturday, 3 February, 2024
    War in Ukraine
    G7 draws up plans to backstop debt-raising for Ukraine with Russian assets

    Belgian government circulates proposal as Kyiv’s allies seek ways to tap Moscow’s frozen wealth

  • Friday, 2 February, 2024
    FT CollectionsWar in Ukraine: economy and trade
    The surprising resilience of the Russian economy

    Heavy public spending on defence has led to a rebound in growth but could also be storing up problems for the near future

  • Tuesday, 30 January, 2024
    Russian economy
    IMF raises Russia growth outlook as war boosts economy

    New 2024 forecast of 2.6% rise doubles previous prediction and prompts questions over sanctions against Moscow

    The Kremlin
  • Tuesday, 30 January, 2024
    FT CollectionsWar in Ukraine: economy and trade
    The Turkish terminal helping disguised Russian oil reach Europe

    Dörtyol facility booms as Moscow’s refined fuels are shipped to western buyers despite EU embargo

    Sheep graze in a field near the Global Terminal Services facility in south-east Turkey, which has become a conduit for trading Russian energy products
  • Sunday, 28 January, 2024
    InterviewEnergy sector
    Russia’s planned gas pipeline to China hit by construction delay

    Moscow and Beijing have not yet agreed details of mammoth infrastructure project, says Mongolian prime minister

    Vladimir Putin, Zhang Gaoli and Alexei Miller
  • Monday, 22 January, 2024
    Apple Inc
    Apple pays $12mn antitrust fine into Russia’s state budget

    Settlement of app store dispute boosts Kremlin coffers during war in Ukraine

    Montage of iPhone, app store logo and Russia flag
  • Sunday, 21 January, 2024
    War in Ukraine
    Russian operator blames ‘external action’ for fire at Baltic gas terminal

    Operations suspended at Ust-Luga plant outside St Petersburg following incident

    The blaze at Ust-Luga terminal
  • Thursday, 18 January, 2024
    LexChinese business & finance
    The Russia risk around Chinese banks is rising Premium content

    Penalties from US sanctions would far outweigh the sales boost for big lenders from Russian clients

    The China UnionPay logo is displayed in the window of a business in Beijing, China
  • Thursday, 18 January, 2024
    Rachman Review podcast27 min listen
    Putin’s nemesis in the west

    Bill Browder on his long running campaign against corruption in Russia

  • Wednesday, 3 January, 2024
    War in Ukraine
    EU adds Russia’s largest diamond maker to sanctions list over Ukraine war

    Alrosa’s assets in the bloc will be frozen along with those of its chief, who will also be subject to a travel ban

    A close-up of a 51.38-carat diamond extracted by Alrosa
  • Thursday, 28 December, 2023
    War in Ukraine
    Washington puts forward G7 plan to confiscate $300bn in Russian assets

    Proposal would accelerate preparations in time for a February summit to show solidarity with Ukraine

    The man wears a fur hat with his jacket collar turned up against the cold. The Russian flag flies from the bank building in the background
  • Friday, 22 December, 2023
    News in-depthWar in Ukraine
    Western business, the Kremlin and the war

    This collection of articles explores the fallout of the war in Ukraine on Western companies operating in Russia

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