The Russian car market's collapse downshifted to a 29.7 percent drop year-on-year in June, largely thanks to a government program that has made car loans more affordable, a report issued Wednesday said.

Sales of Russian budget car brand Lada soared more than 15 percent in June, boosted in part by an aggressive discounting scheme carried out even as Russia's economic crisis gutted the country's ...

As Russia's retaliatory ban on select Western food imports nears its one-year mark, the Kremlin is trumpeting the embargo as a major opportunity for growth in Russian agriculture.

Russia's middle class is likely to continue to spend less even after the country's economy recovers from its current crisis, a report said Thursday, in a trend that threatens to disrupt a ...

Moscow's hostel industry, long stagnant compared to the frenzied markets of cities like London or Berlin, could see major growth as a rise in domestic tourism and changing sentiments boost demand.

Amid an imminent helicopter deal and talk of a Chinese-Russian space station, relations between Moscow and Beijing are warming even as Russia's ties with the West fray over the Ukraine crisis.

Russia's poorest may be forced off the road thanks to a 40 percent rise in car insurance premiums this year, but the knock is unlikely to make much of a difference to ...

Prime Minister Dmitry Medvedev this week traveled to Thailand and Vietnam to deepen Russia's economic ties with Asia amid a breakdown in relations with the West over the Ukraine crisis.

Russia's economic crisis hasn't touched Anna Kozyreva and Andrei Smirnov, a couple attending the grandiose opening of a Porsche auto dealership in Moscow this week.

The future chief executives of the United States see Russia as a "high-risk, high-reward" place to make money, at least according to a group of MBA students visiting Moscow last week from ...