Foreign companies incurred losses exceeding $107 billion due to writedowns and lost revenue, following the corporate departure …
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Russia’s economy
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Global PMI ends ’23 up, divergences persist
by Sama Mousaby Sama MousaThe Global PMI ended high in December to close the year on a brighter note, S&P Global …
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International NewsNews
European Commission president vows “harshest ever sanctions” against Russia in response to “barbaric attack”
European Union Commission President Ursula von der Leyen has on Thursday promised to “weaken Russia’s economic base …
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International NewsNews
EU: Russia attack on Ukraine is one of “darkest hours for Europe since World War II”
Russia’s attack on Ukraine on Thursday ranked among the “darkest hours for Europe” in nearly 80 years, …
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What a week it’s been for Russia’s ruble—the currency that was in crisis in December has hit …
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Russia’s economy contracted sharply in November, for the first time since October 2009, in the biggest sign …
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Banks
Russia Forecasts Economic Slump as Bailed-out Bank Gets More Funds
by Yomna Yasserby Yomna YasserSlumping oil prices have put Russia’s economy on course for a sharp recession and double-digit inflation next …
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International News
Russia Cuts 2015 GDP Growth Outlook to -0.8%: Reports
by Yomna Yasserby Yomna YasserRussia’s economy is poised to shrink much more than previously expected, the country’s economy ministry said on …
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The Bank of Russia has decided to leave its key refinancing rate at 8% at its Thursday …