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Russia Defies Sanctions by Selling Oil Above Price Cap
Business

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link

Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link

Why Russia Killed the Ukraine Grain Deal
Finances

Why Russia Killed the Ukraine Grain Deal

Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link

Finances

Factbox-What has become of Western carmakers’ assets in Russia? By Reuters

2/2 © Reuters. A view shows the logo of Russian automaker Moskvich at a plant in Moscow, Russia July 13, 2023. REUTERS/Maxim Shemetov 2/2 By

No let up for world stocks as banking worries persist By Reuters
Finances

Insurers reviewing Black Sea ship cover after Russia quits deal -sources By Reuters

© Reuters. FILE PHOTO: The interior of the Lloyd’s of London building is seen in the City of London financial district in London, Britain, April

Germany reaches deal with EU on future use of combustion engines By Reuters
Finances

Russia to hike rates to 8% as weak rouble adds to inflation concerns: Reuters poll By Reuters

© Reuters. FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia May 7, 2023. A sign reads: “Bank of

Russia Says It Is Pulling Out of Ukraine Grain Deal
Business

Russia Says It Is Pulling Out of Ukraine Grain Deal

The Kremlin said the deal had been “terminated” but that Russia would rejoin the agreement if its demands were met. Source link

Russia Seizes Assets of Two Western Conglomerates
Business

Russia Seizes Assets of Two Western Conglomerates

Russia’s seizure of the local operations of Carlsberg and Danone, two of the world’s largest consumer-goods companies, escalates economic hostilities with the West. Source link