Latest Russia Headlines

All the headlines from our Russia Topic Page, ordered by recency.

Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings

Jul 26 2022 // European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to impress investors still vocal on sustainability. Despite an...

Update: Russia Confirms Missile Strike on Port of Odesa but Says Grain Deal Stands

Jul 25 2022 // Ukraine said on Monday it hoped a U.N.-brokered deal aimed at easing global food shortages by resuming grain exports from the Black Sea region would start to be implemented this week. Moscow brushed aside concerns that the...

Ukraine, Russia Sign Deal to Reopen Grain Export Ports While War Continues to Rage

Jul 22 2022 // Russia and Ukraine signed a landmark deal on Friday to reopen Ukrainian Black Sea ports for grain exports, raising hopes that an international food crisis aggravated by the Russian invasion can be eased. The accord crowned...

Russia Pauses Seizure of Assets of Western Firms Exiting the Country

Jul 13 2022 // Note: This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms...

Cybersecurity Firm Group-IB to Split Russian, International Businesses

Jul 7 2022 // Cybersecurity outfit Group-IB will split its Russian and international business into two separate companies in a bid to maintain a presence in both the Russian and overseas markets, the company said on Wednesday. (Reuters...

Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers

Jul 6 2022 // Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked data on the jeweler’s high-profile clients, according to a London lawsuit. Graff, that counts...

Italian Court Turns Down Request to Lift Freeze on Russian Businessman’s Yacht

Jul 5 2022 // ROME – An Italian court has thrown out requests to unfreeze billionaire Alexey Mordashov’s yacht which was seized by the police as part of a drive by Western states to target wealthy Russians after the invasion of...

Shipowners That Still Transport Russian Crude Are Reaping Big Rewards

Jul 5 2022 // A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as others shun the trade. Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from...

State-Controlled RNRC Says It Now Covers Nearly All Russian Reinsurance

Jul 1 2022 // State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as foreign insurance firms withdrew their coverage following Western...

Seven Taiwanese Insurers Have Not Received Russian Eurobond Payments: Regulator

Jun 28 2022 // Taiwan’s financial regulator said on Tuesday that seven Taiwanese insurance companies have not received interest due on May 27 on Russian Eurobonds after a grace period ended on Sunday evening. Russia defaulted on...

G-7 Eyes Cap on Price of Russian Oil via Insurance, Shipping Restrictions

Jun 27 2022 // Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping, according to people familiar with the matter. The potential mechanism would only...

Russia Defaults on Foreign-Currency Debt for 1st Time in More Than a Century

Jun 27 2022 // Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut down payment routes to overseas creditors. For months, the country found...

Ukraine Crop-Handling Port Damaged in Russian Attacks, Adding to Farm Sector Losses

Jun 24 2022 // Infrastructure owned by two major agriculture traders was damaged in Russian attacks at one of the biggest crop-handling ports in Ukraine, adding to the mounting losses suffered by its farm sector. Rocket strikes on the...

Russian Oil Tankers Get Their Safety Certification From India via Dubai Company

Jun 23 2022 // India is providing safety certification for dozens of ships managed by a Dubai subsidiary of top Russian shipping group Sovcomflot, official data showed, enabling oil exports to India and elsewhere after Western certifiers...

Russian Commodities Traders Relocate to Dubai as Switzerland Tightens Sanctions

Jun 23 2022 // Traders of Russian commodities are rushing to set up businesses in Dubai as Switzerland makes it increasingly challenging for them to deal with Moscow. Switzerland has for decades been home to middlemen helping to match...

Russian Hackers Also Focused on US and NATO Since Invasion

Jun 23 2022 // Russia is expanding its espionage and influence operations against Ukraine and its allies, including malicious cyber activity that requires a coordinated, robust response, Microsoft Corp said in a report published...

EU Balks at U.S. Plan to Use Insurance to Cap Russian Oil Prices

Jun 22 2022 // European officials are skeptical of a U.S. push to set a price cap on Russian oil by potentially easing an EU ban on insurance for the transportation of crude and petroleum products from Russia, according to people...

‘Stay Tuned’ for Word on Russian Oil Price-Cap Plan, Says Yellen

Jun 21 2022 // Treasury Secretary Janet Yellen said talks are continuing on how the US and its allies might cap the price of Russian oil exports, possibly through a plan that offers exceptions to the European ban on insuring Russian oil...

Credit Suisse Rejects $515 Million Claim by Russian Businessman

Jun 20 2022 // Credit Suisse on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500 million francs ($515.62 million) he linked to a former client adviser at the bank who was convicted of fraud. The SonntagsZeitung...

Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO

Jun 20 2022 // Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover. Western insurers halted...