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Globally renowned for their go-getter attitude and entrepreneurial spirit, U.S. businessmen were mostly positive when discussing sanctions at an international investment conference on Tuesday.

Russia's ban on most Western food, the assimilation of the disputed Crimea region and people fleeing conflict in Ukraine are set to boost Russian grain demand this year, SovEcon, one of the country's leading agriculture consultancies, said.

Turkish Economy Minister Nihat Zeybekci met on Sept. 16 with his Russian counterpart to discuss opportunities for Ankara to meet Moscow’s needs amid the latter’s trade war with the West.

Alexei Kudrin says economy is expected to stagnate this year or weaken further, leaving little leeway to offset sanctions

Russia's economy could contract 3 to 4 percent if Western nations tighten sanctions over Moscow's role in the Ukraine crisis to make them similar to those imposed on Iran, former finance minister Alexei Kudrin said Tuesday.

Sushi chain Yevraziya has sold all 15 of its Moscow restaurants and closed 10 of its branches in St. Petersburg, as it struggles to cope with an economic slump and ballooning fish prices, business daily Vedomosti reported Monday.

Russia will introduce import tariffs on Ukrainian goods if Kiev proceeds with its association agreement with the European Union as of Nov. 1, Economy Minister Alexei Ulyukayev said Friday.

The European Union halted an aid plan for fruit and vegetable growers hit by a Russian import ban after Polish farmers claimed far more compensation than EU officials reckon the entire bloc exports to Russia in a year.

Facing a ban on Italian parmesan cheese, chefs in Moscow have discovered a new source for fine Parmigiano-Reggiano: Belarus.

Russia is considering whether to accept the offer of fish, meat, powdered milk and butter exports from India, as the government scrambles to replace food products that have fallen under an embargo it imposed last month.

Following inspections by Russia's food safety watchdog, McDonald's has scrapped two salads from its menu in light of a ban on Western food imports.

Russia and China pledged on Tuesday to settle more bilateral trade in ruble and yuan and to enhance cooperation between banks, First Deputy Prime Minister Igor Shuvalov said, as Moscow seeks to cushion the effects of Western economic sanctions.

As Moscow seeks to cushion the effects of Western economic sanctions

Russia's auto market slumped further in August with sales down by nearly 26 percent, year-on-year, after a 23 percent decline in the previous month, the Association of European Businesses, or AEB, lobby group said Monday.

Russia's government green-lighted a joint venture between the state railway companies of Russia, Belarus and Kazakhstan that aims to grab up to a 2 percent share of container traffic between China and Europe currently worth a $1 trillion a year.

Russia's consumer rights agency on Friday banned all imports of Ukrainian confectionery, signaling that the country has no plans to stop using trade as a weapon against countries that align themselves against Moscow.

Russia's Agriculture Ministry has proposed restricting grain exports in the 2014/2015 season as a possible way of balancing the domestic market, Arkady Zlochevsky, head of Russia's Grain Union, said.

By B.KHASH-ERDENE Russia and Mongolia committed to boosting trade to 10 billion USD by 2020, during Russian President Vladimir Putin’s five-hour visit to Ulaanbaatar on Wednesday. Although Russia owns 51 percent of Ulaanbaatar Railways and 49 percent of state-owned Erdenet copper mine, trade with Mongolia has been dropping steadily in recent years. Mongolia-Russia ...

Government increases pressure on Russia by banning further uranium sales, opening Ukrainian embassy in Kiev.

Nato prepara forza di reazione rapida. Russia: "Nato esaspera tensioni agiremo di conseguenza". Kiev evoca "una grande guerra". Venerdì decisione su sanzioni...

Russia's Foreign Minister Sergei Lavrov said Monday that any new sanctions from the EU or the U.S. would force Russia to protect its economy, citizens and businesses.