Russia Business Times
SEE OTHER BRANDS

Get your business and economy news from Russia

Latest News

Read the latest news from regional and global sources, presenting different voices and perspectives.

Russia says it put out fire at large oil refinery after latest Ukrainian drone attack

Russia says it put out fire at large oil refinery after latest Ukrainian drone attack

MOSCOW - Russia said on Thursday that a fire at an oil refinery in its southern Krasnodar region had been put out after a Ukrainian drone attack, part of a rolling campaign by Kyiv to strike the most important sector of President Vladimir Putin's...

Russia pounds Ukraine  with missiles, drones

Russia pounds Ukraine with missiles, drones

Russia pounded Ukraine with deadly missiles and drone strikes early yesterday in a sweeping attack that President Volodymyr Zelensky said was Moscow's answer to diplomatic efforts to end its war. At least 18 people, including four children, were...

Russian budget deficit total 3.4% of GDP in H1 2025 — Finance Ministry

Russian budget deficit total 3.4% of GDP in H1 2025 — Finance Ministry

MOSCOW, August 28. /TASS/. The federal budget deficit amounted to 3.4 trillion rubles ($42.2 bln) in the first half of 2025, which corresponds to 1.6% of the annual estimate of GDP or 3.4% to the GDP amount for the first six months of 2025, the...

Russian attack on central Kiev kills at least 18

Russian attack on central Kiev kills at least 18

RUSSIA launched a major air assault on Kiev early today, striking the city centre. The attack killed at least 18 people, wounded 48 and damaged European Union diplomatic offices, Ukrainian authorities said. The drones and missile bombardment was...

Russian Deals Put Reliance Oil Core in Focus at Annual Jamboree

Russian Deals Put Reliance Oil Core in Focus at Annual Jamboree

Reliance Industries Chairman Mukesh Ambani (Bloomberg) -- Reliance Industries Ltd.’s annual investor gatherings have long been a red-letter day in the Indian financial calendar, with shareholders anticipating ambitious targets, bold statements and...

Russia's LNG Shadow Fleet Sails, Buyers Unknown

Russia's LNG Shadow Fleet Sails, Buyers Unknown

By: Tim Daiss Elderly Russ ‘ghost’ tanker. Photo by Alan Soutar Russia is pulling no stops when it comes to skirting US sanctions from its invasion and ongoing war in Ukraine. News reports broke in mid-August that several Russian liquefied natural...

Economist on India tariffs: ‘US acting tough, but shooting itself in the foot!’

Economist on India tariffs: ‘US acting tough, but shooting itself in the foot!’

Well known economist Richard Wolff believes the United States has “shot itself in the foot” while “trying to act like a tough guy” by doubling tariffs on India. Speaking to Russia TV host and journalist Rick Sanchez, the professor emeritus at the...

Russian Offensive Campaign Assessment, August 28, 2025

Russian Offensive Campaign Assessment, August 28, 2025

August 28, 2025, 6:30 pm ET Click here to see ISW’s interactive map of the Russian invasion of Ukraine. This map is updated daily alongside the static maps present in this report. Click here to see ISW's interactive map of Ukraine's offensive in...

Russia chooses ballistics instead of negotiating table, Zelenskyy says in Kyiv attack aftermath

Russia chooses ballistics instead of negotiating table, Zelenskyy says in Kyiv attack aftermath

Published on 28/08/2025 - 15:55 GMT+2 Ukraine’s President Volodymyr Zelenskyy slammed Moscow over its massive aerial strike on Ukrainian cities overnight on Thursday, stating that "Russia chooses ballistics instead of the negotiating table.”...

Russia launches 2nd biggest air assault of Ukraine war, killing 19 and damaging EU building

Russia launches 2nd biggest air assault of Ukraine war, killing 19 and damaging EU building

KYIV - Kyiv was bombarded overnight by Russia’s second-biggest aerial attack since its full-scale invasion of Ukraine, with at least 19 people killed, including four children, according to officials. Buildings belonging to the European Union and...

Russia’s Crude Quota Is Rising, But Can Output Keep Up?

Russia’s Crude Quota Is Rising, But Can Output Keep Up?

Russia's target for crude oil output within the Opec-plus framework is quickly growing now that the alliance has fast-tracked a 2.5 million barrel per day production increase. But there are concerns that Russia's oil industry, hamstrung by...

Russian Airstrikes on Kyiv Target European Union Delegation Building, Escalate Tensions Amid Ukraine’s European Union Membership Push

Russian Airstrikes on Kyiv Target European Union Delegation Building, Escalate Tensions Amid Ukraine’s European Union Membership Push

On the night of August 27, 2025, Russian airstrikes struck the Ukrainian capital of Kyiv, hitting multiple structures, including the European Union delegation building, in a devastating assault that left at least eight people dead and dozens...

Russian barrage kills 21 in Kyiv, Zelensky says it’s Moscow’s answer to diplomatic efforts to end  war

Russian barrage kills 21 in Kyiv, Zelensky says it’s Moscow’s answer to diplomatic efforts to end war

Russia has pounded Ukraine with deadly missiles and drone strikes in a sweeping attack that President Volodymyr Zelensky says is Moscow’s answer to diplomatic efforts to end its war. At least 21 people including four children were killed in the...

Trade deal with US possible if entire 50% tariffs on India get addressed: Official sources

Trade deal with US possible if entire 50% tariffs on India get addressed: Official sources

New Delhi is unlikely to consider retaliation against the US India has said that a trade deal with the US is possible only if the entire 50 per cent import tariffs imposed on its goods, including the 25 per cent penalty for buying Russian oil...

Russia accused of 'mocking peace efforts' after 21 killed in strikes on Kyiv

Russia accused of 'mocking peace efforts' after 21 killed in strikes on Kyiv

The Foreign Office summoned Russia’s ambassador to the UK over the strikes, with Sir Keir Starmer condemning the attacks as ‘senseless’, as ITV News Correspondent Ian Woods reports At least 21 people have been killed, including four children,...

Russian attack includes strikes on center of Kyiv, killing at least 19

Russian attack includes strikes on center of Kyiv, killing at least 19

KYIV, Ukraine (AP) — Russia launched a major air attack early Thursday on Kyiv that included a rare strike on the city center, killing at least 19 people, wounding 48 and damaging European Union diplomatic offices, authorities said. The...

Russia conducts massive overnight strike on Kyiv

Russia conducts massive overnight strike on Kyiv

Russia's massive attack on Ukraine’s capital kills at least 19 people and injures many dozens more. Ukrainians grapple with heading to shelters or riding out incoming attacks. Also, UN officials see no end in sight for conflict in both Gaza and...

Russia attacks Zelenskyy’s legitimacy  to derail US-led Ukraine peace talks

Russia attacks Zelenskyy’s legitimacy to derail US-led Ukraine peace talks

As US-led efforts to end the war in Ukraine continue, Russian Foreign Minister Sergey Lavrov has indicated that the Kremlin does not recognize the legitimacy of Ukrainian President Volodymyr Zelenskyy and would not accept his signature on any...

India to boost Russian oil imports in September despite US pressure: Report

India to boost Russian oil imports in September despite US pressure: Report

India is set to increase its imports of Russian oil in September, with traders saying purchases could rise by 10–20% compared to August levels, reported Reuters. The boost comes as Russian exporters cut prices to sell more crude, after drone...

Moscow seeks revival of trade with China during Putin-Xi meet

Moscow seeks revival of trade with China during Putin-Xi meet

MOSCOW: Russia-China trade, which soared to record levels as the war in Ukraine left Moscow isolated, is now falling, a trend President Vladimir Putin is seeking to reverse as he prepares for a summit with President Xi Jinping, three Russian...

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms & Conditions