Russia’s President Vladimir Putin urged nation’s oil and gas producers to take advantage of sky-rocketing commodities prices to reduce their debt, because the spike will be temporary.

MOSCOW, March 6 (Reuters) - The city of Moscow, Russia's wealthiest federal unit, will cut its large investment programme for ...

MOSCOW, Dec 26 (Reuters) - Russia's second largest bank ‌VTB maintained its net profit target ‌of 500 billion roubles ($6.4 billion) for 2025 after reporting results for January-November on Friday and ...

An ancient story of investors trying to recover billions of dollars of debt Russia defaulted on after the last Tsar was overthrown in the October Revolution has come up again. Russia has called on ...

MOSCOW (Reuters) - The Kremlin on Wednesday said the Russian government was closely involved in tackling problems at state nanotechnology company Rusnano, which this week warned of its inability to ...

"The pace of the indicator was largely driven by the positive revaluation of liabilities of other sectors and the banking system as a result of ruble appreciation, and by attracted debt financing," ...

When the euro crisis hit in early 2010, with Greece the first domino to fall, all it took to surmise that Europe had no ...