Assets of many Western companies were expropriated and those of some major Russian businesses were seized by the state.

Inflation in Russia soared to a three-year high in the first week of July, with consumers hit by a hefty increase in charges ...

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market ...

Russia's federal budget received 132 billion rubles from property sales.

Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.

For Vladimir Putin, Russians’ appetite for the vegetable has become problematic, however. Shortages have pushed up prices by ...

The Kremlin's grip on the Russian elite appears to be closing ever tighter as two major figures of Russian business and ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

The Russian economy is on the brink of recession, with several key sectors showing dwindling productivity, according to ...

Russian consumers have been hit with a hefty spike in inflation, caused primarily by an increase in charges for utilities.

Russia’s grain exports have dropped to their lowest level since 2008 as severe drought, sluggish prices and a stronger ruble ...

Long seen as loyal to Russian President Vladimir Putin, billionaire Konstantin Strukov is on the verge of being stripped of ...