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The announcement was the first open acknowledgment that the Kremlin would use its controlling votes on the boards of directors of major companies to force economic policy decisions.

The Russian government told large state exporting companies on Tuesday that by March 1 they must bring their net foreign exchange assets back to the levels of Oct. 1.

WASHINGTON - Russia is starting to backslide on its commitments to become a fully-fledged member of the global economy and trading community, the United States' trade office said on Monday.

Move aimed at preventing price volatility and shortages

A recap of Russia's economic year makes grim reading.

Russian Energy Minister Aleksandr Novak considers Turkey to be a reliable partner for the delivery of Russian natural gas to Europe, he said in a live TV interview

China is willing to help Russia if needed but believes that the country has the ability to overcome its current economic problems, Chinese Foreign Minister Wang Yi reportedly said.

BEIJING - China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling ruble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.

IKEA, the world's biggest furniture retailer, said on Saturday it had resumed selling kitchen furniture and appliances in Russia after suspending sales on Thursday as it was not able to meet increased demand.

For most Russians, the week ended with relief: after trading at unbelievable levels of 80 to the dollar and 100 to the euro

MOSCOW - Deep recession, skyrocketing prices and a fragile banking system: although the ruble seems to have stabilised after its abysmal drop this past week, Russia still faces the heavy consequences of the turbulence.

France, Denmark raise questions over whether Russia is feeling too much pain.

New US legislation authorising sanctions on Russia over the Ukraine crisis could undermine relations between Moscow and Washington for a long time, Lavrov reportedly said

Car makers aren’t pulling out of Russia yet, but they are growing increasingly nervous and moving to control the damage from plunging consumer demand and exposure to Russia’s swooning currency.

Syndicated loan volumes this year collapsed to 14% of 2013 total

Putin breaks silence on rouble problems this week

Belarussian President Alexander Lukashenko has demanded that Belarus's transactions with Russia be settled in dollars or euros because of the slump in the value of Russia's ruble.

German Finance Minister Wolfgang Schaeuble said Wednesday that Europe had no choice but to keep up pressure on Russia over the Ukraine crisis via sanctions, though the door remained open to dialogue.

Western sanctions over Russia's role in the Ukraine crisis are likely to last "for a very long time," possibly decades, Economy Minister Alexei Ulyukayev told Vedomosti newspaper.

Russian President Vladimir Putin will address the media at his annual press conference Thursday as the country faces a crisis that evokes memories of the post-Soviet dystopia of 1998. Sanctions imposed by the U.S. and Europe after Putin’s invasion of Crimea and the tumbling price of oil have pushed Russia’s ...

The country’s Finance Ministry said it was prepared to sell as much as $7 billion of its foreign currency reserves to support the ruble, which an official called “extremely undervalued.”