State-Owned Leasing Company GTLK Sees Outlook Downgraded by Fitch
Credit rating agency Fitch has downgraded the outlook for Russia’s State Transport Leasing Company (GTLK) to stable from positive, whilst...
Economy
Business Newspaper Vedomosti’s Editor-In-Chief Bans Putin Criticism
Russia’s leading business newspaper Vedomosti is at the center of another censorship-related controversy, with the new chief editor now banning...
Fitch Affirms Allianz Russia’s Credit Rating at BBB
Fitch Ratings has affirmed the Insurer Financial Strength (IFS) rating of Allianz Russia at 'BBB+' with a stable outlook, the...
$13bn of Foreign Workers’ Money From Russia in Jeopardy as Crisis Looms
Russia’s deepening economic crisis, caused by the coronavirus pandemic and a shap drop in oil prices, could spill into some...
Most Russians Think About Changing Jobs Amid Lockdown, Poll Shows
A majority of Russians in a recent poll have said they want to change their current jobs, some plan to...
Russian Companies Borrow Over $50mn to Pay Salaries Amid Virus Crisis
Russian small and medium-sized businesses have borrowed a total of around $4 billion rubles ($51.6 million) from banks in interest-free...