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- Russia to give itself sweeping powers to ban or restrict foreign AI toolsRussia is set to introduce new rules for artificial intelligence. Foreign AI tools may face bans or restrictions if they fail to comply. Th...
Russian rouble rallies to March 2018 level against dollarAgainst the euro, the rouble firmed by more than 5% to 60.86 after touching 59.02, its highest since June 2015.The rouble is driven by expo...- EU targets Russian oil, patriarch in new sanctionsThe European Commission also proposed slapping sanctions on Russia's biggest bank and on Patriarch Kirill, the head of the Russian Orthodox...
- Russia demands Ukrainian surrender in MariupolRussia gave holdout Ukrainian soldiers an ultimatum on Sunday to lay down arms in the pulverised southeastern port of Mariupol which Moscow...
- RBI discusses trade payment option with Russian banksBankers as well as regulators sense that the nature of sanctions in response to Russia's invasion of Ukraine are more serious compared to t...
- Russia stock market trading resumes after month-long hiatus; MOEX rallies 11%On the stock market, volatility soared as Moscow Exchange partially opened its stock market section for the first time since late February,...
- Russia's Sberbank to leave European market in face of cash outflowsOn Monday, the European Central Bank (ECB) warned that Sberbank's European arm faced closure after a run on its deposits sparked by the inv...
- UK warns Putin of indefinite sanctions, war crimesOn a visit to Poland, Prime Minister Boris Johnson condemned Putin's "barbaric, indiscriminate" tactics against Ukrainian civilians, after ...
- Rouble, Russian stocks pare heavy losses after Putin sends troops to UkraineBritain imposed sanctions on five Russian banks and three billionaires but stopped short of targeting major lenders, such as state-controll...
- Cyberattacks knock out sites of Ukrainian army, major banksAt least 10 Ukrainian websites were unreachable due to the attacks, including the defense, foreign and culture ministries and Ukraine's two...
- As Sanjeev Gupta rose from trader to tycoon, several banks backed awayFour banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they perceived...
- Russian e-retailer Ozon eyes nearly $1bn in US IPOThe online giant, which reported growth of 142 percent year-on-year in the first nine months of 2020, is aiming to capitalise on the boom i...
- Russian President Vladimir Putin's China turn hits potholes as trade drops and markets slideChina’s market plunge over the last few weeks has added to the pressure, helping knock the rouble to the lowest levels in months.
- GM's Opel to cut 8,300 jobs across EuropeGeneral Motor Co's Opel unit will cut 8,300 jobs across Europe, including 4,000 in Germany, and close a plant in Antwerp, Belgium - casualt...
- Russia's Sberbank to cut up to 67,000 jobs by 2014Sberbank, Russia's largest retail bank, plans to shed up to 67,000 jobs, or a quarter of its workforce, by 2014, a senior company official ...
- GM's Opel move raises anger, new uncertaintyGeneral Motors Co.'s decision to scrap the sale of European subsidiary Opel raised new uncertainty on Wednesday over the unit's future.
- GM says it plans to cut 10,000 jobs at OpelGeneral Motors plans to cut around 10,000 jobs at its European division Opel, GM vice president John Smith said Wednesday after the US auto...
- Opel aid may need renegotiatingThe German government made clear Wednesday that its financial support for a takeover of General Motors Corp.'s Opel unit will have to be re...
- Fiat, Magna go head to head in race for OpelTalks on the future of Opel left two bidders in the running on Thursday to buy up the troubled German subsidiary of US auto giant General M...
- Russia suspends stock trading to stop market meltdownRussia suspended trading on its two main stock markets for a second day Wednesday as shares nosedived and officials pledged 44 billion doll...
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