Russia's Central Bank eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces ...

Only a few months ago, billionaire Sergei Polonsky, the developer behind an array of gleaming Moscow skyscrapers, seemed invulnerable.

Home to abundant oil reserves, Russia rarely worried about where the next barrel would come from, until now.

Russia could cut poultry and pork import quotas by hundreds of thousands of tons, Agriculture Minister Alexei Gordeyev said on Wednesday, a...