Commodity trader Glencore PLC and Qatar’s sovereign wealth fund agreed to buy a 10.2 billion euro ($11 billion) stake in Russia’s largest oil producer from...
Russian expansionism is going into reverse, at least on the London stock market.
Russian agribusiness group EkoNiva recently got a 2 billion-ruble ($32 million) loan to expand its dairy operations in the Black Earth region of Voronezh.
Russia’s central bank stepped up the pace of currency interventions as sanctions and an oil-price slump spur bets that policymakers will raise interest rates.
Russian inflation accelerated to the fastest pace in three years, putting pressure on the central bank to raise interest rates even as economic growth shrivels.