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1 month ago | 
marketscreener.com | Elena Fabrichnaya |Gleb Bryanski
MOSCOW (Reuters) -The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian economy because of global economic turbulence triggered by U.S. trade tariffs. Russia has not suffered directly from high import taxes on many countries announced by U.S. President Donald Trump but is now bracing for a protracted period of lower oil prices - its main export - and declining budget revenues.
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1 month ago | 
marketscreener.com | Elena Fabrichnaya
MOSCOW (Reuters) - Raiffeisen Bank International (RBI) said it plans another appeal after a Russian court on Thursday upheld an earlier ruling that it must pay over 2 billion euros ($2.28 billion) in damages over a collapsed investment deal. Austria's RBI was ordered to pay the money to Russian investment company Rasperia in a landmark ruling in January that was one of the harshest against a Western company still doing business in Russia. It is the biggest Western bank still operating there.
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1 month ago | 
in.marketscreener.com | Elena Fabrichnaya
MOSCOW (Reuters) - Raiffeisen Bank International (RBI) said it plans another appeal after a Russian court on Thursday upheld an earlier ruling that it must pay over 2 billion euros ($2.28 billion) in damages over a collapsed investment deal. Austria's RBI was ordered to pay the money to Russian investment company Rasperia in a landmark ruling in January that was one of the harshest against a Western company still doing business in Russia. It is the biggest Western bank still operating there.
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1 month ago | 
today.westlaw.com | Elena Fabrichnaya |Florence Tan |Nidhi Verma |David Evans
NEW DELHI/MOSCOW (Reuters) -Three more Russian insurers, including a subsidiary of top lender Sberbank, have asked India for approval to provide marine insurance for oil shipments sent to Indian ports, two sources with knowledge of the matter said,...
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1 month ago | 
kfgo.com | Elena Fabrichnaya |Gleb Bryanski
By Elena Fabrichnaya and Gleb BryanskiMOSCOW (Reuters) – Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin’s personal support but the Kremlin will face a succession dilemma when her record tenure ends in 2027, two senior sources told Reuters. Nabiullina, 61, has faced intense criticism from lawmakers and some prominent businessmen since she was appointed in 2013, but has always endured with Putin’s backing.
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1 month ago | 
yahoo.com | Elena Fabrichnaya |Gleb Bryanski
By Elena Fabrichnaya and Gleb BryanskiMOSCOW (Reuters) - Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin's personal support but the Kremlin will face a succession dilemma when her record tenure ends in 2027, two senior sources told Reuters. Nabiullina, 61, has faced intense criticism from lawmakers and some prominent businessmen since she was appointed in 2013, but has always endured with Putin's backing.
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1 month ago | 
msn.com | Elena Fabrichnaya
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
msn.com | Elena Fabrichnaya
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
kfgo.com | Elena Fabrichnaya
By Elena FabrichnayaMOSCOW (Reuters) – The Russian central bank will keep its benchmark rate on hold at 21% at a board meeting on April 25, all 25 analysts who took part in a Reuters poll predicted on Monday, as global economic turbulence adds to concerns about the state of the Russian economy. The government maintained its growth estimate for 2025 at 2.5%, a new set of forecasts showed on Monday.
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1 month ago | 
wkzo.com | Elena Fabrichnaya |Alexander Marrow |Gleb Stolyarov
By Elena Fabrichnaya, Alexander Marrow and Gleb StolyarovMOSCOW (Reuters) – Three months after U.S. President Donald Trump returned to the White House promising a swift end to the conflict in Ukraine and sparking an early flurry of excitement that Western companies could come flooding back to Russia, realism has set in.
