Now playing Next Business Junker and Putin talk in St Petersburg Russian President Vladimir Putin has addressed the St. 17/06/2016
Now playing Next Business Rosneft's quarterly net profit falls 75 percent Rosneft's quarterly net profit fell by 75 percent as crude oil prices declined, but Russia's top oil producer also blamed heavy investment in the period. 08/06/2016
Now playing Next Business Putin attempts to reassure Russia as economy continues to decline Russian President Vladimir Putin has tried to reassure ordinary Russians about the state of the country's economy. 14/04/2016
Now playing Next Business Russian interest rates on hold, inflation outlook uncertain Russia's central bank has left its main lending rate at 11 percent and signalled that it is not looking at cuts to the cost of borrowing anytime soon as it focuses on keeping inflation under control. 18/03/2016
Now playing Next Business Avtovaz boss Bo Andersson is out following sales slump Russian car ,manufacturer Avtovaz has dumped its chief executive Bo Andersson after the Lada maker reported a record loss following slumping sales. 07/03/2016
Now playing Next Business Russia's central bank governor wants to lower risks from forex fluctuations Russian central bank governor Elvira Nabiullina says the bulk of banking loans in Russia should be in roubles to minimise risks related to currency fluctuations. 22/02/2016
Now playing Next Russia Moscow authorities defend bulldozing of small businesses The authorities in Moscow have defended their right to demolish small businesses they say are illegal and unsafe. Last week they sent bulldozers to 17/02/2016
Now playing Next Business To Russia with cash: Chinese tourists offset fall in Western visitors Russia is enjoying a tourism boom of Chinese visitors who have become the largest group of foreign visitors with numbers more than doubling last year compared with 2014. 09/02/2016
Now playing Next Business Russian recession set to deepen says central bank Russia's economy is set to dip deeper into recession according to the latest central bank forecasts as the Kremlin looks at selling stakes in state owned companies. 03/02/2016
Now playing Next Business Russia economy shrank 3.7% in 2015, inflation up 13%, retail sales fall 10% Russia's economy contracted by 3.7 percent in 2015 according to the government statistics service in Moscow. They said retail sales fell by 10 percent and capital investment by 8.4 percent. 25/01/2016
Now playing Next Business Rouble hits new lows, Kremlin unruffled The rouble slumped to new record lows on Thursday, threatening more hardship for ordinary Russians, but the Kremlin denied the currency was collapsing. 21/01/2016
Now playing Next Russia Russia enforces stricter currency exchange rules Russia has put into force measures to keep a closer eye on exchanges from rubles to foreign currency. The Russian Central Bank has decreed that 28/12/2015
Now playing Next Business Russia boosts oil exports to Asia, denting OPEC's drive for customers Russian crude oil exports to Asian countries have increased by almost a quarter this year according to data compiled by Reuters. Sales rose 23 18/12/2015
Now playing Next Business Iran boosts gas export capacity with eye on post-sanctions era The Russian President Vladimir Putin on his first visit to Iran in eight years has held talks with Supreme Leader Ali Khamenei. Ostensibly for a 23/11/2015
Now playing Next Russia Putin swats down Russian worries on annual televised call-in Concerning everything Russians want to know about their president’s worldview, once a year, Vladimir Putin accepts their questions, sent through a 16/04/2015
Now playing Next Russia Russia Finance Minister slams 'political character' of Moody's downgrade Ratings agency Moody’s has downgraded Russia’s sovereign rating to below investment grade or junk status, citing the impact from the Ukraine crisis 21/02/2015
Now playing Next Unreported Europe Rouble trouble: Finns sharing the pain of Russia's currency crisis The collapse of the rouble, caused in part by EU sanctions against Russia over its alleged support for Ukrainian rebels, has had an impact on parts 06/02/2015
Now playing Next Russia Russian economy set to shrink almost 5 percent next year Russia’s economy is likely to shrink by as much as five percent in 2015, due to Western sanctions, the collapse of the rouble and the price of oil 30/12/2014
Now playing Next Russia Russian shoppers improvise as crisis hits holiday period A Moscow shopping mall is as crowded as any other at this time of year, but many people are taking some drastic belt-tightening measures in the face 26/12/2014
Now playing Next Russia Putin orders freeze on vodka prices The Russian president has ordered a freeze on vodka prices amid an escalating economic crisis. During a meeting Putin told government officials that 25/12/2014
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