Arguably the world's best chess player ever, Garry Kasparov is on a new mission. He hopes to convince the world that the biggest threat to global unrest is not the Islamic State, al-Qaida or North Korea. Instead it is Vladimir Putin, Russia's president from 2000 to 2008 and then again from 2012 to today.
MOSCOW - Russian President Vladimir Putin is visiting Kazakhstan to stress the need for close ties, a month after he caused alarm in the former Soviet republic by seeming to question its future as an independent state.
The revamped and reopened Arktika Hotel in Murmansk has an easy claim to fame: At 72 meters, the Soviet modernist building has for three decades held the record as the tallest building north of the Arctic Circle.
Internet auction site eBay intends to drive a wave of consolidation in Russia's e-commerce market over the next couple of years, persuading smaller companies to get on board as the economy weakens.
Russian stocks trimmed quarterly declines as AFK Sistema rebounded from a slump that wiped a quarter off its market value.
Berlin - German Chancellor Angela Merkel said on Sept. 29 that the European Union (EU) is very far away from considering the lifting of sanctions against Russia introduced over the situation in Ukraine.
Schlumberger Ltd., the biggest oilfield services provider, is withdrawing employees who are citizens of the U.S. and the European Union from Russia amid sanctions, two people with knowledge of the matter said.
Russian President Vladimir Putin’s aggression toward Ukraine has destroyed Europe’s trust in Russia, leaving politicians and businesspeople feeling that “we are not partners anymore,” German Ambassador to the U.S. Peter Wittig said.
CHISINAU - Moldova faces a tough road in its bid to reduce dependence on Russian natural gas. That's about the only thing that is clear so far in the strange story of the Iasi-Ungheni gas pipeline from Romania to the western border region of Moldova.
The ruble weakened to a record, approaching the level at which Russia's central bank said it would step in to support the world's worst-performing currency this quarter.
A total of 300 Russian troops have died during military actions in eastern Ukraine, and 4,000 more are considered missing, Elena Vasilyeva, Chairman of "Cargo 200 from Ukraine to Russia" human rights group on Facebook, has said.
Germany will reject any attempt by Russia to force a renegotiation of the EU-Ukraine trade deal. But Berlin is ready to discuss technical adjustments to answer specific commercial objections from Moscow.
On Sept. 16 Vladimir Yevtushenkov, the president and principal shareholder of AFK Sistema, was accused of money-laundering and placed under house arrest by a Moscow court. It is unlikely that the arrest is part of a co-ordinated strategy to revise the relationship between the state and business. Rather, the affair marks an opportunistic attack by a faction within the elite seeking to take control of AFK Sistema's assets.
U.S. oil giant ExxonMobil is suspending cooperation with Russia's state-owned company Rosneft on offshore drilling in the Arctic due to sanctions, the daily Kommersant reported on Monday, citing unnamed sources.
Russian President Vladimir Putin has repeatedly defied the international community's wishes regarding Ukraine, first by annexing Crimea then by supporting a separatist movement that has the country on the brink of civil war.
Foreign companies have been at the forefront of developing media in Russia since the early 1990s. They own stakes in hundreds of newspapers, magazines and television stations.
Under the law passed by Russia's parliament on Friday, they will be forced to sell part or all of their holdings by 2017.
Russia's top crude oil producer Rosneft said Saturday that it had made an oil discovery jointly with ExxonMobil at an offshore Arctic field, which has been at the center of controversy due to Western sanction against Moscow.
More than once, Mikhail Zub was driven to the verge of failure in his attempts over the past 20 years to transform a rotting Soviet fish processing plant in the Arctic city of Murmansk into a viable business. Yet things have never looked so bleak as they do now.
The factory lost access to supplies from Norway overnight when Russia banned western food imports last month in retaliation against Ukraine-related sanctions.
ST. PETERSBURG, Russia — Weeks after President Vladimir V. Putin annexed Crimea in March, an obscure regulatory board in Moscow known as the Market Council convened inside an office tower not far from the Kremlin to discuss the country’s wholesale electricity market. It is a colossal business, worth 2 percent of Russia's gross domestic product, and a rich source of fees for the bank that had long held the exclusive right to service it.
UNITED NATIONS - The Russian foreign minister is issuing a blistering attack on the West and NATO, accusing them of being unable to change their Cold War "genetic code" and saying the United States must abandon its claims to "eternal uniqueness."