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Ikea, the world's largest furniture retailer, says it is halting its online magazine in Russia out of fears it violates the country's law banning promotion of same-sex gay values to minors.

Hyundai Motor and Kia Motors saw the sales of their strategic models rise by 25 percent in the BRICS during the January-February period of this year, although the sales of their general models showed a marked decline there.   Despite the overall slump facing the automobile markets of emerging economies such as ...

Russia may relax its ban on food from the European Union for Greece, Hungary and Cyprus, according to a report from Interfax citing Agriculture Minister Nikolai Fedorov.

Russian Agriculture Minister Nikolai Fyodorov said his ministry was considering softening its ban on food imports from a series of European Union countries, Interfax news agency reported on Wednesday.

The Defense Ministry is working on a system to keep track of Russian military innovations at home and abroad in an attempt to wrestle control of copyrights on Soviet-era equipment away from a global industry of imitators, state news agency RIA Novosti reported Wednesday.

Attempts to smuggle banned foods from Western countries into Russia have used shipments of salt, cardboard and building materials as cover, according to Russia's food safety watchdog.

38% fall is worst monthly drop since 2009

Representative and branch offices of foreign companies working in Russia are in a race against time to re-register with the authorities or lose their license to operate in the country.

Russian arms export deliveries reached a record $10 billion last year, but declining oil prices and Western sanctions threaten to derail the country's ongoing expansion in the arms market.

Officials in Moscow are considering exempting Greek fruits from a Russian food import ban imposed on European Union countries last year in retaliation against Western sanctions.

Swedish broadcasting group MTG is seeking a buyer for its 39 percent stake in Russia's CTC Media, business daily Vedomosti reported Wednesday.

Russia is the seventh most miserable economy in the world, according to Bloomberg's 2015 misery index of saddest consumers published Tuesday.

Businessmen and investors said Monday that the killing of opposition leader Boris Nemtsov by the walls of the Kremlin last week will further worsen Russia's battered investment climate.

Russia may face net capital outflows of around $30 billion in the first quarter and $90-$100 billion in 2015 as a whole, Finance Minister Anton Siluanov told reporters Monday.

Finance ministry also sees the average rouble exchange rate at 61.5 roubles per dollar this year

The European Union said on Thursday it was escalating a dispute with Russia at the World Trade Organization over what it said were excessive import duties on paper products, refrigerators and palm oil.

Emmanuel Quidet, president of the French-Russian Chamber of Commerce and Industry and a partner at auditing firm Ernst & Young, has been working in Russia since 1994. Quidet is a firsthand witness of the colossal transformations Russia has undergone in the last two decades, a period he says has been ...

[Aswat Masriya]Cairo -Russian Foreign Minister Sergei Lavrov reaffirmed his country's participation in Egypt's anticipated investment summit in March, during a meeting with his Egyptian counterpart in Moscow late Wednesday.

Russia does not plan to impose export tax on fertilizers and metals, Deputy Prime Minister Arkady Dvorkovich said Friday, calming concern large exporters would be hit by state efforts to cool prices.