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2 mins read
Russian corporate bonds have jumped as vultures spy bargains despite the war in Ukraine
Some investors have been attracted to Russian debt by extremely low prices and by signs of progress…
Harry Robertson
2 mins read
Russian stocks fall again as Moscow Exchange expands trading to all shares after month-long shutdown
Moscow's Moex Index fell for the second day, despite strict limits on the trading of Russian stocks.
Harry Robertson
2 mins read
Russian stocks drop 4% on 2nd day of reopened trading in Moscow, as restrictions fail to hold back selling
Russia's strict rules on stock trading couldn't prevent major falls in the country's biggest compan…
Harry Robertson
2 mins read
London scraps trading in Russian shares following 99% drops, as Moscow closes stock exchange for a 4th day
Russian stocks are currently "uninvestable" as a result of the Ukraine conflict and sanctions, acco…
Harry Robertson
2 mins read
Russia's biggest bank plunges 95% to trade at a penny as companies' shares collapse on Ukraine conflict
Russian energy companies Gazprom and Novatek both fell as much as 97% on the London market, while L…
Harry Robertson
2 mins read
A former Lukoil boss said an EU ban on Russian oil would bring the worst outcome for both sides
A former boss of Russia's second largest oil group said an EU ban would be "a shock for everyone. R…
Hamza Fareed Malik
1 min read
Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions
Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…
Kelly Cloonan
2 mins read
Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months
The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.
Huileng Tan
2 mins read
Ukraine is making decoy radar reflectors using cut-up barrels from one of Russia's largest oil companies: report
Lukoil, one of Russia's biggest companies, has inadvertently provided materials Ukraine is using to…
Mia Jankowicz
3 mins read
Ukraine appears to be attacking Russia's oil-and-gas industry with small, cheap drones that can bypass its air defenses
Russia's air defenses have proven to be less potent against small drones because they're meant to d…
Alia Shoaib
1 min read
Goldman Sachs wrestles with sanctions fallout as Moscow court freezes $36 million of the bank's assets
The Wall Street bank's shares in Russian companies including Gazprom and Sberbank were temporarily …
Zahra Tayeb
1 min read
Goldman Sachs wrestles with sanctions fallout as Moscow court freezes $36 million of the bank's assets
The Wall Street bank's shares in Russian companies including Gazprom and Sberbank were temporarily …
Zahra Tayeb
1 min read
The US wants to seize a $45 million jet owned by a Russian oil giant after it violated sanctions by flying 'into and out of Russia'
The Boeing 737-7EM, owned by Russian oil giant Lukoil, violated sanctions by flying "into and out o…
Stephen Jones
1 min read
Russian oil oligarch dies 6 months after his firm criticized the Ukraine war. State media says he fell out of a hospital window.
State media suggested Lukoil boss Ravil Maganov died by suicide. His is the latest in a string of u…
Mia Jankowicz
2 mins read
Wagner boss Prigozhin might want to 'steer clear of any upper floor windows' for now, says military expert
Two Russian tycoons, Pavel Antov and Ravik Maganov, died in 2022 after falling out of windows. Both…
Kwan Wei Kevin Tan
1 min read
Stocks in Russia have risen to a 3-month high, even as the strength of its economy remains in doubt
The MOEX index has hit its highest level since May, just as economists debate the extent to which R…
Harry Robertson
1 min read
Saudi Arabia's Kingdom Holding invested over $500 million in Russian energy companies around the time Russia invaded Ukraine
Kingdom Holding posted details of the transactions into Russian energy companies Gazprom, Rosneft, …
Huileng Tan
1 min read
A billionaire oligarch resigned as CEO of Russia's second-largest oil company after being sanctioned by the UK
Lukoil, the second largest oil producer in Russia, announced Thursday that its billionaire CEO Vagi…
Hannah Towey
2 mins read
A Russian oil tycoon was found dead after reportedly being treated with toad venom to cure a hangover
Alexander Subbotin is another person in a grim trend, of Russian energy and oil businessmen being f…
Gabrielle Bienasz
2 mins read
Putin ally falls into the sea, adding to list of mysterious deaths suffered by Russian energy bosses
Ivan Pechorin's body was found on Saturday. He is the second executive at his company to die this y…