Russian energy minister Anton Rubtsov told state media about how current taxation on Russian oil hurts production.

In Russia, starting early 2026, the government intends to oblige budget-funded employers to pay salaries in "digital rubles", ...

The firm, a fracking parts manufacturer, has promised cash rewards for Russian soldiers who destroy certain Western-supplied ...

The digital ruble, a Central Bank-developed electronic currency code, will allow Russia to monitor every transaction, ...

The Kremlin is preparing to introduce a digital ruble to gain full control over citizens. The new currency will allow Russian ...

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The USD/RUB exchange rate dropped to 79.48, its lowest level since April 2021, down by 30% from its highest point this year.

Twelve Russian soldiers receive significant cash rewards from oil firm Fores for allegedly downing a US-made F-16 fighter jet ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

One of the cornerstones of Russia's economy is under significant strain, with a dramatic collapse in net profit and a ...

The predecessor of Motovelozavod was Motovelo, privatized by businessman Alexander Muravyov. But after his company failed to ...